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Wipro Infrastructure Engineering To Acquire Linecraft.ai
For Wipro Infrastructure Engineering this acquisition represents an important step in the strategic development of the group in Digitisation arena
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The industrial automation business of Wipro Infrastructure Engineering (a Wipro Enterprises entity), announced it has signed definite agreement to acquire Linecraft.ai, a Pune based AI-Enabled Industry 4.0 company.
Linecraft.ai, is an Industry 4.0 company that harnesses the power of both automation domain expertise and artificial intelligence (AI) & machine learning (ML) to empower manufacturers to get more productivity and quality improving operational efficiency on real time basis. The software is built by a team of AI & ML experts and engineers with a patented algorithm and has been proven with successful implementation on complex automated manufacturing assembly lines in the industry globally.
For Wipro Infrastructure Engineering, post the successful acquisition of leading Industrial Automation player PARI, which has around 1500 employees and a significant global presence, this acquisition represents an important step in the strategic development of the group in Digitisation arena.
Wipro Infrastructure Engineering is a diversified business with expertise spanning over 4 decades of engineering and manufacturing excellence in Hydraulics, Industrial Automation, Aerospace, Water Treatment, and Additive manufacturing.
Commenting on the acquisition, Pratik Kumar, CEO, Wipro Infrastructure Engineering, said, “Our Industrial Automation business has grown significantly in the last four years. We always envisioned that we would bring in latest cutting-edge technologies to our customers in their journey from Industry 3.0 to Industry 4.0. This acquisition will further help us expand our digital capabilities and offer turnkey automation solutions with bolt-on digital layer which provides deep insights and analytics to customers, The patented technology collects and analyses large amounts of data from industrial machines and recommends ways to optimize productivity using AI, ML, thereby significantly enhancing the customer value proposition."
G Sundararaman, Co-CEO, Wipro PARI, said, "Automation and Digitisation go hand in hand to make sure that our customers benefit significantly and sustainably. Linecraft.ai software helps our customers to identify bottleneck operations in a complex manufacturing environment, helps in carrying out Real Time Overall Equipment Efficiency (OEE) analysis, dashboard the manufacturing analytics, cycle time & throughput analysis along with Key Performance Indices (KPI) trends including comprehensive Quality & Maintenance Management through Fault & Quality loss analysis. This secure cloud based digital offering has Part Trace, Monitor, Analyse & Optimise Modules which can be configured with least disturbance to the existing production lines."