Tuesday, March 21, 2023
Outlook India
Outlook Business

Rockwell Automation Acquires Knowledge Lens

Acquisition to accelerate Rockwell’s delivery of Industrial AI solutions to manufacturers globally

Rockwell Automation Acquires Knowledge Lens

Outlook Start-Up Desk

POSTED ON March 02, 2023 2:00 PM

Rockwell Automation, Inc, an industrial automation and digital transformation company, announced that it has acquired Knowledge Lens. Based in Bengaluru, Knowledge Lens is a services and solutions provider that delivers actionable business insights from enterprise data, combining digital technologies with deep data science, artificial intelligence (AI) and engineering expertise. Knowledge Lens will join Rockwell’s premier digital services business, Kalypso, to accelerate transformational outcomes for more manufacturers around the world.

Rockwell’s digital transformation services business is one of its fastest-growing, as demand to scale connectivity across the enterprise and enable data-driven predictive and prescriptive insights increases. Together with Kalypso, Knowledge Lens will significantly expand Rockwell’s capabilities to unlock the power of data, enable autonomous manufacturing, and drive continuous optimisation for more manufacturers, said the company.

"Data offers enormous advantages for those manufacturers able to harness its full potential. But for many, only a fraction of the data generated by their plants and in their supply chains is ever used,” said Frank Kulaszewicz, senior vice president of Rockwell’s Lifecycle Services segment.

“The acquisition of Knowledge Lens improves our ability to help more manufacturers around the world discover and use the hidden insights in their data to drive game-changing value for their businesses,” he added.

Knowledge Lens was founded in 2013. It serves a broad range of manufacturers, with a specialisation in highly regulated industries, including life sciences. Knowledge Lens also expands Kalypso’s ability to serve clients with an open platform approach across leading AI and digital technologies.

“We are excited to join Rockwell and Kalypso and extend our collective ability to innovate and build a more sustainable, resilient and human-centric society," observed Sudheesh Narayanan, chief executive officer and founder of Knowledge Lens. 

“With our combined experience, and Knowledge Lens’ pre-packaged cloud-native solutions for common use cases including smart factory, connected workers, IT/OT integration, data migration, and sustainability, we are well-positioned to extend our impact in the market,” he added.

  • Related Articles

    A part of the diversified RPSG Group, RPSG Capital Ventures is an early-stage consumer VC fund and the investment in the growing oral care segment is for the first time

    RPSG Capital Ventures Invests In Oral Care Brand

    With this investment, the company is eying to expand its team and is keen to onboard talent in tech, sales and marketing divisions

    Voiceoc Raises Rs 3 Crore From BioAngels

    The Healthcare Fund I will invest in start-ups working in the healthcare sector, including digital health and biotech

    B Capital Closes Healthcare Fund I, Growth Fund III With Over $500 million in Capital Commitment