About Novity
Novity provides truly predictive maintenance solutions for industrial operators through its TruPrognostics™ AI engine. By analyzing existing data, Novity predicts equipment failures, enabling proactive maintenance without the need for additional hardware.
Problem
Unplanned downtime in manufacturing leads to significant operational losses and maintenance costs.
Solution
Novity’s AI-driven platform forecasts equipment health and remaining useful life, allowing for timely interventions and reducing unexpected failures.
Why Venture Builder
“Venture Builder’s support was crucial in bringing our predictive maintenance technology to market, providing access to industry experts and potential clients.”
Markus Larsson, Founder and CEO