Frost & Sullivan has recognized Beyond Limits with the 2019 North American Technology Innovation Award for symbolic artificial intelligence in the business automation (BAS) market. Frost & Sullivan’s Best Practices awards distinguish companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Recognition of this magnitude highlights the capabilities of Beyond Limits’ innovative Cognitive AI to successfully apply optimization and results-oriented solutions that are generally applicable to a variety of production environments; solutions that can be customized for the complex needs of specific customers. In situations where slightly changing process margins can yield millions of dollars in savings, Beyond Limits is focused on developing strategic applications for high-value assets. By surpassing simple predictive maintenance, Beyond Limits Cognitive AI provides tangible results and recommendations that are always explainable, illustrating an understanding of the entire system of production operations as a linked whole and enabling continuous operations with greater efficiency.
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Transcript:
Artificial intelligence is one of the most transformative technological developments of a 21st century.
It's already being rolled out in transforming services and business models in industries like, banking, energy, and healthcare.
With the continued adoption of industrial technology like IOT and communication technologies such as cloud and 5g, AI applications will be all-encompassing in the years to come.
Beyond Limits enables a truly Cognitive AI system by utilizing numeric and symbolic processing.
It really becomes a cognitive approach to AI.
It draws from nearly any possible data format including incomplete, unstructured, or unconventional formats.
And incorporates human expertise as opposed to traditional numeric processing.
Their systems can see the big picture and the smallest details to improve operations in industrial facilities, increasing efficiency while decreasing waste.
AI systems can combine diverse data inputs with human intelligence to analyze and recommend meaningful and actionable outcomes.
This enables significant improvements and delivers a substantial return on AI investments.
Beyond Limits global expansion heralds ambitious growth in both geography and through additional industries, including; the full energy value chain, as well as renewables and power generation.
They have helped major refinery operations optimize their massive production systems.
And they are partnering with global financial services providers for pilot programs to create more informed methods of analysis.
Our research shows that the deep learning technology segment of AI is expected to dominate the AI market over the next five years.
By 2040, AI could reach a general human level of intelligence in all areas of life and be on course for becoming self-actualizing super AI.
Beyond Limits Cognitive AI and its human reasoning is leading the pack in the march towards AI prevalence across industries.
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