3S8: The Use of Embedded Technologies by OEMs

Saar Yoskovitz , CEO, Augury Timothy Fabian, Aftermarket Service and Sales Director , Grundfos

Description

As machines around us become smarter, reliability engineers are expecting more from their equipment. We will lay out the major shifts we’re noticing in the market, and how manufacturers are changing to fit the new world of connected devices and predictive analytics. This tectonic shift in technology enables new types of service models that reduce capex and risk on the facility side, and increases margins for the OEMs – a true win-win situation that will take the industry by storm.

Saar Yoskovitz Bio

Saar, an avid entrepreneur, has extensive experience in Machine Learning, Signal Processing Algorithms, and System Architecture. Prior to founding Augury Systems, Saar worked as an Analog Architect at Intel. Saar holds a B.Sc. in Electrical Engineering and a B.Sc. in Physics from the Israel Institute of Technology (Technion). During his studies, Saar initiated a voluntary project called “Select – Students for Technological Advancement,” for which he received the Israel’s Council of Higher Education (MALAG) award for social involvement.

Timothy Fabian Bio

Tim Fabian currently serves as the Director of Market Development, Service and Solutions, for Grundfos Pumps Corporation.  Studying Business and Marketing at Pennsylvania State University, Tim has focused his career working in the machine tool and rotating equipment industries for the past 22 years.  During this time, he has led large product management and aftermarket organizations, where implementing new technologies to enhance aftermarket footprint and profitability has been a cornerstone to success.  Tim’s current focus includes exploring the utilization of emerging technologies to augment Grundfos service offerings while simultaneously attaining goals for sustainability, a core Grundfos value.