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Industry and artificial intelligence

LYSR, a pioneer of AI in the machine industry. Since its birth within iCoSys (
Institute for Artificial Intelligence and Complex Systems), LYSR has specialized in the integration of artificial intelligence (AI) for the
proactive monitoring of industrial equipment.

Origin and development of LYSR

LYSR was born out of the precise identification of industrial needs in terms of AI for monitoring and predictive maintenance , and the realization that many companies in the sector had problems to solve. So it wasn’t just a question of creating AI, but also of putting it into production and monitoring it afterwards. This initiative began within the iCoSys institute, was supported as part of a SwissUniversities project and rapidly led to the creation of a spin-off from the institute. The latter is dedicated to the processing of time series from machine sensors, essential for real-time monitoring of industrial equipment. This specialization enables greater accuracy in predicting breakdowns and optimizing maintenance, thus facilitating the management of production infrastructures.

Deployment challenges and innovative solutions

One of the main challenges for LYSR has been to develop the technologies that enable large-scale deployment of AI solutions in complex industrial environments. The spin-off has therefore developed mixed cloud and Edge technologies enabling automatic and efficient scaling, ensuring smooth integration while limiting manual interventions.

Market identification and growth strategy

LYSR benefited from Fri Up’s help to refine its market strategy. The “no-code” platform offered by LYSR targets mainly producers of industrial machines and integrators of PLCs who can integrate the solution easily and scale it up. This segmentation has paved the way for future expansion, both in Switzerland and internationally. Under Fri Up’s governance, LYSR has also developed a viable product, supported by an in-depth analysis of market needs . Today, this approach enables us to offer convincing demonstrations to potential customers, optimizing the chances of commercial success.

Article from the CCIF’s ECHO magazine, June 2024

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