Avathon

Overview
Activities
News
Smart Factory?
Natural Language Processing Tools?
Military Tech?
Product stageSegments
Expansion
?
Data Analytics, Predictive Maintenance
?

Avathon (formerly SparkCognition) offers a suite of AI-powered data analytics solutions for businesses, specializing in the industrial sector. The company’s offerings include: 1) Industrial AI Suite, which enables users to connect datasets with configurable AI models, identify and contextualize risks to equipment, analyze maintenance actions, monitor performance, and visualize multi-asset systems, without requiring coding experience, and 2) Visual AI Advisor, which leverages computer vision to analyze real-time data from existing camera infrastructure for a number of different use cases, such as safety monitoring, visual inspection, and machine monitoring. 

In May 2023, the company launched the Generative AI Suite, a solution specifically tailored for the industrial sector, which enables users to build and deploy custom large language models (LLMs) on either private or on-premise cloud environments. Users also autonomously augment data sets by generating text, images, audio, and other signals and create imagery for use in simulated real-world environments. It claims to reduce the foundational information needed for decision-making by up to 20x.

Since 2021, the company has acquired a number of companies to further develop its product offering. This includes Indian visual AI startup Integration Wizards (March 2022) to expand its intellectual property (IP) portfolio to improve vision capabilities as well as digital knowledge platform Maana (July 2021), software developer for the renewable energy industry Ensemble Energy (May 2021), and financial technology company AIM2 (February 2021). 

In October 2024, Avathon unveiled a new system-level AI platform that provides solutions for managing and monitoring critical industrial infrastructure. The AI platform addresses various industrial issues, including maximizing the uptime of capital-intensive assets, enabling efficient manufacturing ramp-up, and ensuring worker safety in industrial settings. 

Key customers and partnerships

SparkCognition’s clientele comprises large companies such as Boeing, Hitachi, and British Petroleum. It has also built partnerships with Google for cloud platform services, Hewlett-Packard Enterprise to offer AI predictive maintenance on HPE Edgeline Converged Edge Systems, and OSIsoft to integrate SparkCognition’s machine learning technology with OSIsoft’s PI system to improve data and process data analytics.

 

HQ location:
7901 Stoneridge Drive Suite 555 Pleasanton CA USA
Founded year:
2013
Employees:
251-500
IPO status:
Private
Total funding:
USD 286.6 mn
Last Funding:
-
Last valuation:
USD 1.4 bn (Jan 2022)
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