Augury and PSG, a Dover Company,
Bring Predictive Analytics to Chemical Processing

Strategic Partnership Provides Real-Time Understanding of Health and Performance of Pumps

NEW YORK, NY —November 14, 2018— Augury, a leading AI-based mechanical diagnostics provider, and PSG®, a Dover company, a global leader in the manufacture of pumps, systems and related flow-control solutions, today announced a partnership that provides customers with data-driven actionable insights that will add unprecedented intelligence to how pumps and the systems they power are managed and maintained. The partnership will enable existing and future PSG customers to benefit from an increase in efficiency, uptime, and resiliency through new services, powered by Augury’s IIoT-enabled continuous diagnostics and predictive analytics technology.

Augury’s unique algorithm-powered approach to mechanical diagnostics provides actionable, data-driven repair and maintenance recommendations to improve productivity and increase uptime.   This will help PSG continue towards its mission to be a leading expert in providing innovative solutions worldwide.

“This partnership with Augury will provide us with vital data and insights that will allow us to make pump systems and solutions even more resilient and reliable,” said Karl Buscher, President at PSG, a Dover company. “We are now able to go beyond the initial sale and implementation of our flow-control solutions and ensure that the health and performance of each piece of equipment is optimized throughout its lifecycle. With our localized presence in more than 100 countries and countless pumps sold, Augury’s technology arms us with the infrastructure needed to provide enhanced services easily at any scale.”

For Augury, this partnership is another proof point of the company’s unparalleled expertise in the chemical and petrochemical space. Going to market together with PSG will enable Augury to expand their database of machine signatures and further improve their algorithms and associated products.

“Through partnerships, such as the one with PSG, we are enabling the digital transformation of the chemical and process industries,” said Saar Yoskovitz, Co-Founder and CEO of Augury. “With our unique approach to AI-enabled machine diagnostics, we are adding unprecedented transparency into the performance of pumps and pump systems. These capabilities are reshaping the market to enable new services that are focused on maintaining the highest levels of reliability and efficiency.”

To learn more about how Augury is reimagining machine health, visit www.augury.com.

About Augury

Augury is making machines more reliable by combining two key shifts in the industry: artificial intelligence and the Internet of Things. The intersection of these trends allows Augury to provide machines with a mechanical nervous system and the awareness to optimize their own health, thereby accelerating human productivity and safety. Visit www.augury.com.

About PSG

PSG®, a Dover company, is the global leader in the manufacture of industrial pumps and related flow-control technologies. PSG delivers value-added pumps and systems that serve customers requiring safe and efficient transfer of critical and valuable materials. The company features world-class facilities in the U.S., France, Germany, India and China. PSG is passionately committed to innovative technologies that will positively impact the world for the better. PSG’s focus is on providing the expertise its customers need by delivering tomorrow’s fluid and material-transfer solutions today. Additional information is available on the company’s website at psgdover.com.