Novity

What it does

Novity is a leading energy company specializing in predictive maintenance solutions for manufacturers. Their innovative TruPrognostics™ engine utilizes a combination of machine learning and physics-based models to accurately predict equipment failures, even with limited historical data, with over 85% accuracy. Compatible with a range of industrial assets, including compressors, pumps, motors, fans, and heat exchangers, Novity's platform empowers manufacturers to proactively address maintenance needs, optimize equipment performance, and minimize operational disruptions. By offering clear timelines for maintenance actions, Novity enables informed decision-making and helps businesses prevent unplanned downtime, ultimately enhancing efficiency and productivity in manufacturing operations.