MVS Acmei signs up INR 100 Crore Contract for four years with Infinite Uptime

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Pune, 18 June 2019:  Infinite Uptime, leader in cutting edge solutions for AI-based Monitoring and Predictive Maintenance, and MVS ACMEI, leading provider of integrated condition monitoring services, have joined hands to launch MVS Real Time 4.0. MVS ACMEI  is based in Hyderabad whereas Infnite Uptime is based in Pune

This Uptime as a Service (UaaS) model is an end-to-end asset reliability solution starting from fault prediction to fault correction which combines Infinite Uptime’s Strength in providing edge-powered condition monitoring products with MVS ACMEI’s market leading on-site reliability expertise. According to the terms of the contract, this deal will generate a revenue of INR 100 Crore for Infinite Uptime by the year 2024.

Infinite Uptime specializes in High-Frequency Data Analytics of Triaxial Vibrations and Acoustics, Spectral analysis and Pattern recognition for data annotation and accurate fault predictions. With vertical integration capability, Infinite Uptime provides its own in-house Smart Edge nodes with integrated Connectivity, Communication, & Software Analytics which is flexible and can be integrated with a larger IT ecosystem.

MVS ACMEI Technologies is a market-leading asset reliability Service Provider engaged in diverse set of services that include Vibration Analysis, Oil Analysis, thermography, and non-destructive testing. Founded in 2009, MVS ACMEI provides top-class Condition Monitoring and Reliability Services and has constantly focused on innovation and integration and is the largest Condition Monitoring Service Provider in India.

Speaking on this tie-up Raunak Bhinge, Director of Infinite Uptime said, “Infinite Uptime’s patented solution allows customers to instantaneously digitize industrial assets as well as detect impending failures in a non-invasive way. With MVS Real Time 4.0, customers will not only be able to get real-time insight into the health of their machines, but also be able to get the predicted faults validated and corrected by the market leaders in the asset reliability fraternity.”

Commenting on this association MVS Raju, Chairman & Managing Director of MVS ACMEI said, “MVS Real Time 4.0 will deliver a brand-new concept, called Uptime as a Service (UaaS), disrupting the way traditional condition monitoring is done in the market. Customers will directly benefit from high availability of their assets and can rely completely on the 24×7 UaaS from MVS Acmei. We see huge potential for the business and hence have signed a contract valued at INR.100 Crore with Infinite uptime.”