Nordic Cleantech Innovation Link

Behavior: Cassantec

Cassantec

Cassantec is an independent provider of condition-based Prognostic Solutions for industrial asset management, using a unique, protected technology. The Cassantec Prognostic Report enables asset operators to understand when in the future a malfunction is likely to occur.
Cassantec Prognostics provides explicit time horizons (what will break when?), enhancing (predictive) analytics approaches (what is currently wrong where?)

Technology
A prognostic computational solution based on a novel and unique combination of state-of-the-art approaches, tools, and techniques from artificial intelligence as well as data mining,
all validated in industrial applications. The solution combines advanced Markovian
and Bayesian techniques to determine condition parameter trends, malfunction
risk profiles, and remaining useful life (RUL) of critical industrial assets.

Cassantec benefits include:
Reduced downtime cost (saved output, saved revenue)
Reduced preventive and reactive maintenance cost
Transparent justification for maintenance decisions
Longer planning horizon, thereby less fire fighting

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