Algo8 AI enabling Operational and Maintenance excellence at IOCL

Algo8 AI’s iSPACE predictive maintenance solution works on defining and monitoring KPIs through artificial intelligence and deep learning to provide future boards that delivers a 360-degree visibility at various levels of refineries operations and maintenance. From detecting failures and anomalies, the Algo8 AI’s iSPACE provides root-cause analysis that helps in avoiding unexpected breakdowns and bring down the costs occurring from the scheduled maintaining planning.

Senior Management at Strategic Information Services, IOCL says, “The technology has brought about a 360-degree turnaround that has solved the critical setbacks such as leakages, pressures, temperature, vibrations and unplanned breakdowns. We have observed op-ex cuts by reducing the failure quotient of the equipment.”

Nandan, Co-founder, CEO, Algo8 AI, comments, “ We at Algo8 AI are using our Industry AI/ML platform to enable organizations to discover, diagnose, predict and prescribe through Deep Learning and Machine Learning algorithms. This specific solution has been a customized adaptation of our platform as per the needs of IOCL, customized at every step, which is the highlighting differentiator and which has driven actual business value.”

Algo8 AI aims at sculpting its journey through the plethora of AI tools and its benefits to give rise to an AI savvy global market that is adroit with the latest technology incorporated even in the microscopic operations.