SpaceTime Insight was acquired by Nokia in April, 2018. We bring our expertise and proven track record in IoT application development, machine learning, and data science to the Nokia Software business group. As part of Nokia we will continue to develop and deliver innovative advanced analytics applications and industrial internet of things technologies for asset-intensive industries. Our customers include some of the world’s largest industrial companies across utilities, transportation, and manufacturing. With our software, they realize the full business value of their people, processes, and assets. Our applications help them reduce cost and risk, increase capital efficiency, pinpoint theft, spoilage, and shrinkage, lower the frequency and duration of service outages, personalize customer service, optimize field crews and operations, ensure regulatory compliance, and more.
Our machine learning algorithms detect anomalies, predict the probability of asset failure, continuously optimize operations, and help companies deliver the best possible business results even when unforeseeable disruptions arise. Using our applications, our customers see and understand the entire breadth of their operations in motion, in context, and in real time, and generate greater returns at lower risk, lower cost, and greater speed.