After two years of hard work from a hardworking group of data scientists and programmers, eLynx Technologies has released Predictive Analytics as a Service
- or PAaaS - for a second time within a six-week period. These predictive analytics services are groundbreaking within the oil and gas industry,
and allow managers in oilfields to see maintenance forecasts and proactively maintain their systems and equipment.
They have used digital twins, which are simulations of real-world equipment, to power the predictions within the software. These predictions will allow some companies to save roughly $7,000 to $13,000 per month.
We're impressed with the innovation of these recent eLynx Technologies releases! Congratulations on the second big launch from the CS3 team.
To read the press release and learn more about eLynx, click here.
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