AWS Reports General Availability of Amazon Lookout for Equipment | AWS Reports General Availability of Amazon Lookout for EquipmentFinancial Buzz

AWS Reports General Availability of Amazon Lookout for Equipment

Amazon Web Services, Inc., an Amazon.com, Inc. company (NASDAQ: AMZN) reported general availability of Amazon Lookout for Equipment.  The new service utilizes AWS developed machine learning models to help customers perform predictive maintenance on the equipment in facilities.  Amazon Lookout for Equipment utilizes sensor data from a customer’s industrial equipment and trains a unique machine learning model to predict early warning signs of machine failure or suboptimal performance using real-time data stream from the customer’s equipment.  Amazon Lookout for Equipment allows customers to detect equipment abnormalities with speed and precision. 

“Many industrial and manufacturing companies have heavily invested in physical sensors and other technology with the aim of improving the maintenance of their equipment. But even with this gear in place, companies are not in a position to deploy machine learning models on top of the reams of data due to a lack of resources and the scarcity of data scientists. As a result, they miss out on critical insights and actionable findings that would help them better manage their operations,” said Swami Sivasubramanian, VP Amazon Machine Learning, AWS. “Today, we’re excited to announce the general availability of Amazon Lookout for Equipment, a new service that enables customers to benefit from custom machine learning models that are built for their specific environment to quickly and easily identify abnormal machine behavior—so that they can take action to avoid the impact and expense of equipment downtime.”

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