“Data integration is the Achilles heel of dealing with data coming from diverse sources and systems,” says Kevin. “With our technology, we can intelligently ingest data, model it, make sense of it, establish relationships and cleanse the data through our artificial intelligence engine, which does in minutes what can take months, if not years for a human to do.”
Bit Stew’s traction to date is impressive, evidenced by a growing list of customers, industry opportunities, and investors. Bit Stew targeted utilities first, signing BC Hydro and Michigan-based Consumers Energy as pilot customers. The company had expanded into Europe, signing Scottish and Southern Energy, and added three industry verticals (oil and gas, aviation, and manufacturing). Bit Stew has approximately 100 employees and is headquartered in Canada with offices in the USA, Australia, and Europe.
When you analyze and understand the value of your data, you can begin to optimize your entire business. Proactive insights into the health of your equipment can lead to major cost savings and improved uptime.
Alex adds, “Having GE recognize the technology, our team and everything the heart and soul that’s been put into this company is very satisfying. To now have the backing of such a respected entity like GE will really push the Bit Stew team to the next level in terms of helping transform the industrial world. We’re pretty excited about the possibilities.”