Almost a decade back, a meticulous research program on predictive modeling was underway at the University of Borås, Sweden. The culmination of the seven-year-long project was a unique, extremely lightweight, advanced analytics software. It was then that RikardKönig decided to bring the results of his research program into the mainstream business market, as he laid the foundations for Ekkono in 2016 together with four esteemed entrepreneurs.
An organization that was founded on a mission to make connected things smarter and add cognitive capabilities to the world of connected things, Ekkono provides a horizontal solution that can be applied to any industry use case, from consumer to industrial IoT. Jon Lindén, co-founder and the CEO of Ekkono says, “With billions of connected devices and the number growing every passing second, the resources and time spent on manually supervising them ruins the business prospect of IoT. We make IoT devices smarter and self-learning to become more intuitive and self-sufficient.” Leveraging its finesse by implementing machine learning on the connected devices, enabling tailored, individualized learning, is what sets Ekkono in a league of its own.
We take IoT from connected to smart
A machine manufacturer approached Ekkono as they wanted to deploy predictive maintenance capabilities where similar machines in different environments had a service cycle of somewhere between six weeks and five years... Applying machine learning to the data of a few sensors, like temperature and pressure, on the machine control system, improved service levels through scheduled rather than unplanned stops.
Sensor-based IoT services along with machine learning are on the verge of radically changing the core foundation of our communities and the manner in which people live. To that end, Ekkono has laid a special focus on the processing industry and automotive. They find the space very compelling, as the monetary benefits from predictive maintenance, automation and production optimization are huge. The team is also working along with system integrators who build the customer solutions that embed Ekkono’s software. “We are a product company, and the way we go to the market is through our partners, and we believe in the ecosystem approach,” concludes Lindén.