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C3 AI, Univation Technologies enter strategic cooperation agreement

C3 AI, Univation Technologies enter strategic cooperation agreement

Financial News
C3 AI, Univation Technologies enter strategic cooperation agreement

Univation Technologies and C3 AI (AI) have entered into a strategic cooperation agreement to commercialize AI-powered predictive maintenance solutions tailored for the petrochemical industry. With this agreement, Univation will license and distribute the C3 AI software currently in use at Dow, Univation’s parent company. In addition, Univation will provide specialized technical services to support both the initial implementation and ongoing enhancements of the software for customers. Univation’s C3 AI-powered offering integrates extensive operational insights and benefits from Dow’s ongoing C3 AI deployment, drawing upon the proven benefits of the C3 AI Asset Performance Suite. This technology, already in use across more than 50 steam cracker furnace operations within Dow’s global petrochemical facilities, is being expanded to additional furnaces and other critical asset classes.

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