Avathon, the AI-driven company formerly known as SparkCognition, has unveiled a new AI platform that should improve various tasks associated with industrial businesses — maximizing uptime of capital-intensive assets, enabling efficient ramp-up in manufacturing and ensuring worker safety in industrial settings.
With over $100 trillion of aging infrastructure and increasing strain from supply disruptions, workforce shortages and evolving security threats, Avathon is poised to meet this moment through AI platforms.
“Avathon has an ambitious vision, investing significant capital to develop solutions that address the full scope of industrial challenges, such as the imperative energy transition to renewable sources of power,” said Lord John Browne of Madingley, former Group Chief Executive of BP plc and chairman of the Avathon board of directors. “Avathon’s platform is built to support global industry as it transitions from legacy infrastructure to the next generation of automation and sustainability.”
Avathon’s new platform integrates large engineered systems with the latest advancements in AI and other emerging technologies. To further develop this platform and expand its reach and impact, Avathon has decided to relocate its headquarters to Silicon Valley.
Pervinder Johar, CEO of Avathon, is focused on bringing industrial companies a technology platform that can grow with their businesses for decades.
“With full automation on the horizon, our goal is to empower businesses vital to the global economy for the next 50 years,” Johar said. “We are moving the headquarters to Silicon Valley because that gives us the perfect environment for future growth; the speed of innovation, the ecosystem of similar companies, the talent – it’s all very unique and ensures that we will always meet the needs of our growing list of customers.”
News item from Avathon
Tell Us What You Think!