logo
Altizon launches Production Intelligence Centre powered by Datonis for Process Industries

Altizon launches Production Intelligence Centre powered by Datonis for Process Industries

Yahoo6 days ago
PRINCETON, N.J., and PUNE, India, July 23, 2025 /PRNewswire/ -- Altizon Inc. today announced the launch of Production Intelligence Centre solution, powered by Datonis, tailored for process-intensive industries such as Steel, Cement, Chemicals, and Power. This solution delivers a unified digital view of operations by bridging data silos across OT and IT systems, enabling faster, data-driven decision-making across the organization.
At the heart of the offering is a digital command center that integrates real-time signals from Sensors, PLCs, SCADA and MES, with business context from ERP systems. The result is a single pane of glass to monitor KPIs, track critical-to-quality (CTQ) parameters, digitize manual operations, and drive operational excellence.
The solution includes built-in AI tools that help teams spot issues early—like abnormal equipment behavior, rising energy use, or quality deviations. These models are trained on plant data and tuned for each use case, making them practical to deploy and useful from day one.
Key features include:
Real-time dashboards tailored to roles like shift operators, production heads, and plant leadership
Digital forms and checklists to replace paper-based records across departments
AI models for anomaly detection, predictive maintenance, energy and quality drift analysis
Fast deployment options with a go-live in 4 weeks.
"Industrial AI requires two key phases: first, building a strong data foundation by unifying operational and business data; and second, applying AI to drive improvements. Altizon's Production Intelligence Center delivers both—creating the data bedrock for AI to be truly effective. This accelerates ROI through higher throughput, better productivity, quality, and energy efficiency.
The Production Intelligence Centre solution is now available for deployment across heavy industries globally, across all major cloud platforms.
About Altizon
Altizon, a global industrial AI company, powers digital revolutions by helping enterprises leverage machine data to drive business decisions. Altizon's DFX applies advanced analytics and machine learning algorithms to accelerate smart manufacturing initiatives, modernize asset performance management and pioneer new business models for service delivery.
Altizon has been spearheading digital factory initiatives in Industry 4.0 across a range of industry verticals, including Automotive, F&B, Industrials and Remote Industrial Assets.
Altizon is headquartered in New Jersey (USA) and Pune (India).
For more information, visit: www.altizon.com
View original content:https://www.prnewswire.com/in/news-releases/altizon-launches-production-intelligence-centre-powered-by-datonis-for-process-industries-302510703.html
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

GCCs drive finance and accountancy jobs in India: ACCA
GCCs drive finance and accountancy jobs in India: ACCA

Yahoo

time42 minutes ago

  • Yahoo

GCCs drive finance and accountancy jobs in India: ACCA

A new report from the Association of Chartered Certified Accountants (ACCA) highlights how India's global capability centres (GCCs) are boosting economic growth by driving services exports and creating finance and accountancy jobs. GCCs in India are transforming from back-office support hubs to global value creators, leading innovation and technological advancements for international corporations, the association said. These centres are expected to contribute 2% of India's GDP and generate 2.8 million jobs by 2030. In FY24, GCCs generated approximately $64.6bn in export revenue, a 40% increase from $46bn in FY23. By 2030, 20,000 global leadership roles are projected to be based in India. The growth is supported by a skilled workforce, expansion into tier-II cities, favourable government policies, and improving infrastructure. As GCCs mature, finance roles are evolving beyond traditional boundaries to focus on process improvement and cost transformation initiatives. Opportunities are expanding in business partnering, procurement, reporting, planning, and analysis. Entry-level roles now focus on data analytics, FP&A, and compliance management, while mid-level roles drive process improvements and transformation. ACCA said that finance professionals need to develop higher skills and capabilities, including an understanding of finance functions, comfort with data and digital tools, and the ability to collaborate with global teams. Successful collaboration among state and non-state actors is crucial to managing risks and maximising momentum, it added. India requires a comprehensive GCC strategy supported by policymakers to promote innovation, create skilling initiatives, and streamline regulations. ACCA policy and insights lead for India and report author Pooja Chaudhary said: 'The report highlights the factors driving GCC success in India and what's needed to sustain it. Strong leadership, cross-cultural talent, and collaboration between global and local teams are key to running a successful GCC. 'As GCCs take on more strategic roles, they must work with policymakers to streamline regulation and partner with academia to bridge skill gaps while continuing to create value through innovation and alignment with the parent organisation.' Earlier in July 2025, ACCA published a report on AI implications for the accountancy sector, highlighting the need for finance teams to adapt to new roles and responsibilities. The AI Monitor report suggests that AI will transform the accountancy profession by changing task execution at all levels. It emphasises the need for human oversight, focusing on "human interaction, transparency, and oversight" to ensure AI systems adhere to professional standards and regulations "GCCs drive finance and accountancy jobs in India: ACCA" was originally created and published by The Accountant, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio

Best's Market Segment Report: U.S. Crop Insurance Writers Benefit at Weather Impacts Ease
Best's Market Segment Report: U.S. Crop Insurance Writers Benefit at Weather Impacts Ease

Yahoo

time42 minutes ago

  • Yahoo

Best's Market Segment Report: U.S. Crop Insurance Writers Benefit at Weather Impacts Ease

OLDWICK, N.J., July 29, 2025--(BUSINESS WIRE)--After experiencing a decline in 2024, crop insurance premium volume is expected to hold steady in 2025, according to a new report from AM Best. Underwriting results for the segment have improved significantly amid more favorable growing conditions, prompting AM Best to maintain its cautiously optimistic view. "Conditions have been fairly normal so far this year," said Connor Brach, associate director, AM Best. "Although there are minor to moderate concerns with regard to drought and excessive moisture conditions in certain regions." Total premiums for U.S. crop declined by 9.4% to $18.9 billion in 2024, down from its peak level of $21.5 billion in 2022. However, overall premium levels remain elevated compared to pre-2022 figures, supported by higher commodity prices. The ongoing decline has been largely driven by the multi-peril crop insurance line of business, which fell 9.8% to $17.4 billion in 2024. Private crop insurance premiums decreased by 3.7% to $1.48 billion. According to the report, national yields for corn and soybeans are anticipated to be roughly in line with expected trend levels. With yields forecasted to hold up, the main risk for crop insurers at this point is commodity price risk, due to the majority of exposure being attributable to revenue-based coverages. "There is the potential for adverse weather conditions, which remains until after harvesting season concludes," Brach said. "Hail activity continues to be troublesome for private crop insurers, although initiatives have been put in place to improve results on these products." MPCI premium rates are determined by the U.S. Department of Agriculture's Risk Management Agency through actuarial and statistical analysis, as well as professional judgment. Agricultural commodity prices and their expected volatility are among the most important factors taken into consideration. Understanding price movements is key since revenue protection currently accounts for over two-thirds of U.S. MPCI premiums. Most revenue protection safeguards against both yield and price risk and sets the producer's total revenue guarantee, using the greater of two prices: the projected price or the harvest price. Among the report's other highlights: Indemnities owing to droughts declined more than 50% year-over-year, while losses driven by excessive moisture conditions worsened. In commodity year 2024, the crop insurance program generated a loss ratio of 93.1. Results in Texas continued to improve, albeit they were still unfavorable with a loss ratio of 132.6. Drought and heat losses in the Lone Star state continued to be problematic, especially on the western side of the state, while excessive moisture conditions plagued the east. Heat losses totaled $1.36 billion, down roughly $150 million year-over-year, with most losses concentrated in California. Significant growth of area plans has corresponded to higher indemnities of $2.9 billion, increasing from roughly 5% of total indemnities in 2015 to nearly 20% in 2024. To access the full copy of this market segment report, please visit . AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED. View source version on Contacts Connor Brach, CFA, FRM Associate Director +1 908 882 1668 Christopher Sharkey Associate Director, Public Relations +1 908 882 2310 Al Slavin Senior Public Relations Specialist +1 908 882 2318 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

IT Sector's Muted Q1 Trend Likely to Continue through FY26
IT Sector's Muted Q1 Trend Likely to Continue through FY26

Entrepreneur

time43 minutes ago

  • Entrepreneur

IT Sector's Muted Q1 Trend Likely to Continue through FY26

The Indian IT sector is expected to witness a flat revenue growth of 0-2 per cent in FY26 as compared to the previous year in terms of constant currency revenue growth, according to CareEdge Ratings You're reading Entrepreneur India, an international franchise of Entrepreneur Media. The Indian IT services industry has experienced muted growth during the first quarter earnings as clients across sectors continued to delay or defer discretionary projects due to macroeconomic uncertainty and cost pressures. Despite some commentary on a better second half of the fiscal, CareEdge Ratings believes the Indian IT sector is expected to witness a flat revenue growth of 0-2 per cent in FY26 as compared to the previous year in terms of constant currency revenue growth. This is underpinned by a healthy deal pipeline poised to convert into wins over the near term, ensuring revenue visibility for the next few quarters. "Increasing digitisation and rise in demand for emerging technologies like 5G, advanced data analytics, artificial intelligence, cloud computing, cyber-security, robotics and blockchain provide growth opportunities for Indian IT/ITeS firms," CareEdge said in a report. It further stated that, "The uncertainty arising from tariffs and movements in the US market is a significant concern for the IT industry, as a large proportion of its revenues are derived from the US market. The IT-software industry has been re-aligning its offerings to cater to the evolving requirements of its clients with respect to emerging technologies to become more effective in the dynamic business environment. Growth remains muted in key markets, as clients are cautious in spending prioritizing cost optimisation and vendor consolidation." Tata Consultancy Services (TCS) reported muted growth in core markets (except India) due to deferrals and decision-making delays in Q1. Deal TCV has been strong for last three quarters, up 7.4 per cent YoY, but revenue growth in core markets has been flat at -0.7 per cent YoY USD due to re-scoping, delay in ramp-up and elongation in deal tenure. Pace of client decision making did not improve in Q1. Management believes that uncertainty would persist until trade deals between US and all major countries are finalised. Management reiterated its target to grow better in international markets in FY26 versus +0.5 per cent YoY USD in FY25. "We continue to value the company at 24x on Q3FY27-Q2FY28 EPS of INR 152.9 to arrive at our target price of INR 3,670. We continue to like TCS for better execution, profitability and return metrics in the industry," ICICI Securities said in a note. Wipro grew marginally better than expected at -2 per cent in constant currency, within its guided range for Q1, led by the healthcare and technology verticals. Guidance for Q2FY26 is flat at the midpoint. With a strong TCV and two mega deals, focus shall be on execution of these mega deals. "Though Wipro has indicated that H2FY26 will likely be better than H1 on the back of these deals, negative seasonality of H2 will also be at play. The company has indicated that margin might be impacted on upfront investment for large deals for a few of the quarters. WPRO has been losing clients and has trouble gaining broad-based growth traction across verticals. We factor in a -0.5 per cent IT services revenue USD growth print for FY26. We cut FY26–28E EPS by about 1–2 per cent and maintain 'Reduce' with a one-year forward target price of INR 240 on a target PE of 18x," ICICI Securities said. LTIMindtree reported in-line revenue growth led by a recovery in consumer and healthcare segments, and healthy momentum in BFSI. EBIT margin improved about 50 basis points QoQ on expected lines, enabled largely by its focused margin improvement program. TCV wins have been healthy with TCV up 13.6 per cent YoY over the last three quarters. "But this is yet to translate into revenue growth (5.3 per cent YoY USD over same period). Management is focussing on execution i.e. improving its large deal pipeline and win rates amidst a challenging macro environment and expects revenue growth momentum to improve from here on. We continue to value LTIMindtree at 22x on Q3FY27E to Q2FY28E EPS of INR 215 to arrive at a revised target price of INR 4,740. We maintain 'Reduce'. LTIM has higher exposure to its discretionary portfolio, constraining its growth in the current weak macro," ICICI Securities said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store