Montreal, January 30, 2023 – Rithmik Solutions, a company using artificial intelligence (AI) for the predictive maintenance of mobile mining equipment, is proud to announce a new partnership with Mila – Quebec AI Institute, a community of over 1,000 researchers working on a wide range of projects that span across various fields such as computer vision, natural language processing, robotics, and more.
Rithmik Solutions has been collaborating with Mila since 2020, when the company was selected as one of the eight start-ups to join the CDPQ | Axe IA space located in Mila’s ecosystem. The partnership announced today will allow the two organizations to continue this collaboration to further advance the field of AI and bring additional innovative solutions to Rithmik Solutions’ customers.
Rithmik Solutions CEO, Amanda Truscott, said: “We are extremely excited to be affiliated with Mila, one of the world’s most respected and influential research institutes in the field of AI. We are confident that this affiliation will help us take our business to new heights and drive significant value for our clients.”
Stéphane Létourneau, Mila’s Executive Vice-President, added: “We are looking forward to this partnership with Rithmik Solutions. This collaboration with the Montreal-based company has the potential to allow some of our researchers to work on concrete applications to facilitate the decision-making process in industry.”
Founded by Professor Yoshua Bengio of the University of Montreal, Mila is an artificial intelligence research institute that brings together over 1,000 researchers specializing in machine learning. Based in Montreal, Mila’s mission is to be a global hub for scientific advances that inspire innovation and development of AI for the benefit of all. Mila is a non-profit organization recognized worldwide for its significant contributions to the field of deep learning, particularly in language modeling, machine translation, object recognition, and generative models.
About Rithmik Solutions
Rithmik Solutions reduces mining greenhouse gas emissions and increases profitability with analytics that optimize mobile equipment maintenance. Rithmik Asset Health Analyzer (AHA™) uses machine learning to sift through vast amounts of data and draw attention to precisely where the issues are, and it does it early enough for mines to take action to prevent small problems from turning into big ones. Unlike other predictive maintenance solutions, Rithmik is tailored for the unique challenges of mobile equipment and provides insights with scalable accuracy. It also enables increased efficiencies for reductions in fuel burn of up to 15% – all while integrating with existing systems and without adding sensors or hardware.