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Cyient Inks Long-Term Deal with Thyssenkrupp

March 15, 2017

German elevator manufacturer thyssenkrupp has entered into a long-term agreement with Indian engineering company Cyient to support its MAX platform.

MAX is the world’s first real-time, cloud-based predictive maintenance solution and a game changer for the elevator industry.

Cyient’s advanced analytics and big data solutions will be integrated into MAX to help deliver predictive maintenance solutions.

Krishna Bodanapu, managing director and CEO of Cyient, said they are very excited about their partnership with thyssenkrupp, especially in supporting their pursuit for innovative passenger transportation.

“Our collaboration will enhance thyssenkrupp's competitive advantage in the elevator industry with the help of advanced analytics and big data solutions. We are committed to continually developing unique competencies and analytics solutions for our clients through our dedicated data science competency center, Cyient Insights,” added Bodanapu.

With more than 12 million elevators transporting over a billion people each day, elevator maintenance issues cause 190 million hours of downtime annually.

thyssenkrupp’s MAX platform, a predictive and pre-emptive maintenance service solution for elevators, can revolutionize the industry by utilizing IoT and analytics.

It is capable of cutting elevator downtime by half, significantly increasing availability levels and improving efficiency for cities aiming to be smarter.

Andreas Schierenbeck, CEO of thyssenkrupp Elevator, said they are confident that their expertise in analytics will help to further develop MAX’s competencies, supporting their 24,000+ technicians in the field and taking elevator service into the digital era.

“For us, MAX is an integral part of our plans to transform the elevator industry and enhance urban mobility in cities across the world. Building on our collaborations for MAX with Microsoft, Vodafone and Celestica, we are glad to have found another strong partner for this solution in Cyient,” said Schierenbeck.

The solution, developed with Microsoft and using its Azure cloud platform and Azure IoT Suite, will now also incorporate Cyient’s expertise in creating predictive analytics solutions.

Cyient will develop algorithms and integrated solutions to leverage data from elevators, and enhance thyssenkrupp’s ability to diagnose potential problems and deliver superior service.

Copyright: North America Procurement Council, Inc. PBC