Software company secures six-figure funding for digital innovation

IntelliAM AI, a Sheffield-based software company harnessing the power of artificial intelligence and machine learning in the manufacturing industry, has secured six-figure funding.

It has been confirmed that The subsidiary has been named ‘Lighthouse for AI’ and has received a Digital Innovation Fund (DIF) Lighthouse Funding Award of approximately £263,000 approved for a research project to be completed during the company’s current financial year.

The grant for the research into the application of AI to lubrication analysis is provided by The Smart Manufacturing Data Hub and funded by Innovate UK.

IntelliAM AI has access to over 180 manufacturing plants in the UK and has lubrication analysis results for thousands of components spanning the last 10 years. Lubrication is a key factor in production downtime.

Using existing IntelliAM data and new data that will be collected during the project, a machine learning model (MLM) will be created to advise OEMs and SMEs on best practices for lubricating their components.

Software will be created to allow component information to be entered and then the MLM system will automatically create grease and oil lubrication schedules.

Software will also be developed that will create a lubrication schedule based on bearing condition.

Also, An oil analysis results checker program will be created so that organizations can submit individual oil analysis results and compare themselves to 10 years of IntelliAM AI history. Issues will be highlighted and advice on actions will be given.

IntelliAM AI explained: “This project will help reduce machine downtime across manufacturer equipment and increase resilience to the reduction in engineering skills that is currently occurring in the UK.

“Sustainability will be greater because oil will only be replaced when necessary.

“This project will impact the company on three levels: it will improve internal productivity, it will provide access to new machine learning technologies for SMEs, and it will create a commercial product that will increase sales.”