If you simply search on the term “digital twin”, you will see all kinds of references to 3D modeling, virtualization, augmented reality, and references to machine learning analytics or artificial intelligence. Very interesting visuals and links, but generally it all falls into the category of
Have you heard the joke about the machine learning algorithm that walks into the bar? Bartender asks, “What’ll you have?” Algorithm says, “What’s everyone else having?” While the joke is not truly characteristic to the use of machine learning in asset performance management (APM) applications, it does highlight
Over the last year we have often been asked about the origin of our company name, Itus (pronounced ‘eye-tus’). So as a short post to end the year here is some insight. First, some context. We believe the most important aspects of asset performance management initiatives
ARC Senior Analyst, Paula Hollywood, recently interviewed Joe Nichols, Co-Founder and President of newly launched Itus Digital. They discussed the motivation for launching an APM company at this stage of market maturity, the importance of creating asset strategies, the development process, and how the Itus
Itus Digital and nextAPM join forces to provide integrated solution which enables rapid deployment and ongoing value creation of Asset Performance Management initiatives at scale. Itus Digital today announced the acquisition of nextAPM to support the growing demand for the implementation of its Asset Performance Management
Roanoke, Va, - November 12th, 2020 – Itus Digital today announced the availability of its new Asset Performance Management (APM) solution purpose-built to simplify how asset operators monitor equipment failure risk. The solution includes an extensible Asset Strategy and Digital Twin Library covering 200 of the
Jason and Joe recently discussing digital twins and tech startups with Eddie Amos at Virginia Technology Today. Listen to the interview or read the transcript below to learn more Eddie: Jason and Joe tell us more about ITUS and what is a Digital Twin? Joe: Let’s start by
Here at Itus Digital, the team is working hard to wrap up our initial product release that’s set to launch in 30 days. We have spent the last 10 months researching, designing and coding the Itus solution and have been extremely fortunate with the outpouring
When you start-up a new tech company - one of the great side benefits is the need to deeply understand the market challenges and ensure you are building a solution that meets customer needs and drives business value. As our team has been reading, researching,
In 1996, the very first Asset Performance Management User Conference was convened to bring together some of the brightest minds from the most progressive industrial companies in the world. Our objective was to define how we could better protect people, the planet, and industrial profits