This time in the AI company Eldor Technology, based in Stavanger
Eldor Technology AS has developed the software solution KAIROS – Control Room Assistant, which offers real-time decision support for control room operators in order to eliminate and reduce down-time of process facilities. The product combines deterministic modelling (functional model) with deviation propagation analysis, and artificial intelligence.
“This is a really interesting company, working in a niche where AI and machine learning will streamline the interaction between control room operator and system. We are looking at a lot of new and interesting areas of development and adaption for the company’s technology and are looking forward to commercializing the company along with the rest of the team from Eldor,” says Frederik Hvistendahl, senior partner in ProVenture.
Read the press release about the investment here
Eldor Technology website