Novity

Novity provides advanced predictive maintenance solutions for a range of industrial equipment, including reciprocating compressors, screw compressors, centrifugal pumps, electric motors, industrial fans, and heat exchangers. The company’s proprietary TruPrognostics™ engine delivers failure predictions with 90% or better accuracy and lead times of months, even in data-scarce environments. Novity’s technology uses a combination of Machine Learning and first-principles physics models to predict the remaining lifespan of mission-critical assets, aiming to eliminate unplanned downtime and provide clear insights into the future health of production assets. The solutions are configurable to meet specific operational requirements and automatically recalibrate based on changing machine behavior. Novity also offers a PdM Readiness Assessment program and a PdM Health Check program to help companies assess their ability to implement and maintain a successful predictive maintenance solution. With over 250 person-years of combined expertise in systems health, AI, and machine learning, and holding over 150 patents, Novity’s solutions are designed to be easy to install, often leveraging existing process data with minimal additional hardware requirements. The company’s headquarters are located at 963 Industrial Road, San Carlos, California 94070.