Get 40% Off
🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

Rolls-Royce partners with AI software maker to predict engine performance

Published 04/12/2018, 17:07
Updated 04/12/2018, 17:10
© Reuters. FILE PHOTO: A Rolls Royce jet engine is seen on Boeing 787-10 on the static display during the 52nd Paris Air Show at Le Bourget Airport near Paris
BA
-
RR
-

(Reuters) - British aero-engine maker Rolls-Royce (LON:RR) has partnered with Chicago-based artificial intelligence software maker Uptake to spot possible operational issues in its Trent engine fleet ahead of time, the companies said on Tuesday.

Uptake provides artificial intelligence software to industrials companies to help them predict the performance of complex machines by combining data analytics and machine learning.

Rolls-Royce, whose Trent engines power Boeing (NYSE:BA) Co's 787 Dreamliner jets and Airbus SE's new A330neo widebody aircraft, has been grappling with problems affecting blades on some of the engines, which has resulted in delayed aircraft deliveries for the planemakers.

Uptake's software will empower Rolls-Royce with a number of disparate datasets, providing insights into the engine performance and improving the availability of the engine fleet for airline customers, the companies said.

"With industrial AI and machine learning techniques, we can increase the uptime of our engines and help customers extend the life and value of their critical assets," said Tom Palmer, senior vice president of services for Rolls-Royce's civil aerospace business.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.