Imubit, a global leader in closed loop artificial intelligence (AI) optimization, has launched its Optimizing Brain Solution and Industrial AI Platform. This is the first reinforcement learning powered AI process optimization technology recognized by ARC Advisory Group, the leading industry research firm, in their new category of Closed Loop AI Optimization (AIO).
Core to the Optimizing Brain™ Solution is its Foundation Process Model™ coupled with reinforcement learning. These capabilities take a data-first approach and transform complex industrial challenges safely into efficient processes. By improving margins, reducing emissions, and fostering the development of an AI-savvy workforce, Imubit enables plants to achieve operational excellence in a rapidly evolving industrial landscape.
Trusted by 7 of the 10 largest refiners in the US Imubit, has over 90 closed loop AI applications deployed in some of the world’s largest industrial processing plants, Imubit’s technology is delivering tangible results – boosting refinery margins by $0.30 to $0.50 per barrel and reducing natural gas consumption by up to 30% in rotary kiln operations.
Gil Cohen, CEO and Imubit co-founder, highlighted the transformative impact of their technology: “ChatGPT and other Foundation Models are reshaping industries with their broad applicability. At Imubit, we’ve harnessed this approach for process manufacturing with our Optimizing Brain Solution. It lets customers use data-driven models across operations, planning, and engineering, breaking down plant silos and enabling all technical staff to thrive in an AI-driven future.
The Optimizing Brain™ solution was launched at Imubit’s Transcend AI Summit and Training event in Houston, which brought together some of the most forward-thinking leaders in the process industries. Operators like Marathon Petroleum Corporation, HF Sinclair, Citgo, and Oxbow Calcining shared how Imubit is helping them accelerate their digital transformation journey.
SOURCE: GlobeNewsWire