Presenso
AI-driven Predictive Maintenance
Company Overview
Snapshot
Founded in April 2014 by Deddy Lavid, Eitan Vesely, and David Almagor, Presenso operates with 1–10 employees. The company raised $3 million across two funding rounds from six investors. Presenso was acquired by SKF Group in October 2019.
Business overview
Presenso specializes in artificial intelligence for predictive asset management, offering solutions that utilize advanced AI to provide real-time asset failure predictions. Its proprietary adaptive algorithms analyze sensor behavior to learn machine operations and forecast failures before they occur. The company serves markets within industrial technologies, focusing on operational optimization solutions for industries such as manufacturing, oil and gas, and electric utilities.
Strategic signal
In October 2019, Presenso was acquired by Stockholm-listed SKF Group. This acquisition highlights the increasing strategic importance of AI-driven predictive maintenance solutions within the industrial sector, signaling a consolidation trend where larger industrial players are integrating advanced AI capabilities to enhance their offerings and operational efficiencies.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant milestone for Presenso in 2019?
- In October 2019, Presenso was acquired by SKF Group, a multinational engineering company.
- Which company entered a strategic partnership with Presenso in 2019?
- In May 2019, Siemens entered a strategic partnership with Presenso to enhance predictive maintenance capabilities.
- Which investor participated in Presenso's January 2018 funding round?
- In January 2018, Presenso received funding from investors including AfterDox and EDP Ventures.
- When was Presenso recognized as a 'Cool Vendor' by Gartner?
- In May 2018, Presenso was recognized as a Cool Vendor in Artificial Intelligence Across the Supply Chain by Gartner Research Group.
- When did Presenso announce the production release of its predictive maintenance solution?
- In July 2018, Presenso announced the production release of its predictive maintenance solution.