TVS makes investment in US tech company, Predictronics
By Jim Gibbins - 1st September 2019
India / USA - TVS Motor (Singapore) Pte Ltd, a wholly-owned subsidiary of TVS Motor Co Ltd of Hosur, India (a subsidiary of TVS Group of Madurai) has signed definitive agreements to invest USD3.2m in Predictronics Corporation of Cincinnati, Ohio, USA – a company that specialises in providing end-to-end predictive maintenance analytics solutions.
Predictronics' solutions combine expertise in IIoT, Industrial AI, Big Data, Machine Learning, and Predictive Analytics to remove the uncertainty from industrial operations and improve process uptime, production planning, maintenance, and product quality by providing actionable information and accurate predictions empowering clients to have a transparent, worry-free business.
