Announcing the C3 AI Asset Performance Suite to Drive Intelligent Operations and Enterprise Optimization

Rhea-AI Summary

C3 AI (NYSE: AI) has announced the rebranding of its C3 AI Asset Performance Suite, a collection of AI applications designed for asset-intensive industries. The suite includes C3 AI Reliability, C3 AI Process Optimization, and C3 AI Energy Management, aimed at improving yield, efficiency, and productivity while minimizing downtime.

CEO Thomas M. Siebel emphasized C3 AI's leadership in AI-powered predictive maintenance and high customer satisfaction. The rebranding reflects the value customers gain from deploying integrated applications that address entire value chains. Customers like Shell, Holcim, and Pantaleon are using the suite to reduce unplanned downtime, optimize production efficiency, reduce energy consumption, and accelerate sustainability goals.

C3 AI's product roadmap includes investments in generative AI, AI vision, automated AI, governance, and explainability. A webinar demonstrating the suite's capabilities is scheduled for October 24 at 10AM PT.

Positive

• Rebranding of C3 AI Asset Performance Suite to offer integrated AI applications for asset-intensive industries
• Suite includes applications for reliability, process optimization, and energy management
• High-profile customers like Shell and Holcim are already using the suite
• Continued investment in advanced AI technologies like generative AI and AI vision

Negative

• None.

Insights

Technology Analyst

The rebranding of C3 AI's Asset Performance Suite represents a strategic move to emphasize the integrated nature of their AI applications. This suite, combining predictive maintenance, process optimization and energy management, targets asset-intensive industries with the promise of improved operational efficiency and sustainability.

Key points to consider:

• The suite's focus on maximizing value and improving sustainability aligns with current market trends and investor priorities.
• Notable clients like Shell and Holcim provide credibility and suggest potential for enterprise-level adoption.
• The mention of generative AI, AI vision and automated AI in the product roadmap indicates C3 AI's commitment to staying at the forefront of AI technology.
• The emphasis on governance and explainability addresses growing concerns about AI transparency and regulatory compliance.

While this news doesn't provide financial figures, it demonstrates C3 AI's efforts to strengthen its market position and potentially expand its customer base in asset-intensive industries. The integrated approach could lead to higher customer retention and larger contract values, which may positively impact future revenue streams.

A suite of Enterprise AI applications built for asset-intensive industries to improve yield, efficiency, and productivity while minimizing downtime

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- C3 AI (NYSE: AI), the Enterprise AI application software company, today announced the newly re-branded C3 AI Asset Performance Suite, a collection of powerful, purpose-built AI applications that work together to help enterprises maximize value and improve sustainability performance.

The C3 AI Asset Performance Suite includes C3 AI Reliability, C3 AI Process Optimization, and C3 AI Energy Management. These applications offer enterprises optimized asset performance through improvements in operational efficiency across business units.

“C3 AI is the leader in AI-powered predictive maintenance, and our customers are some of the most satisfied in the industry because our technology makes a positive impact on their bottom line and continually maximizes their investments,” said Thomas M. Siebel, CEO, C3 AI. “This re-brand of the C3 AI Asset Performance Suite is in recognition that customers realize the most value by deploying applications that work in concert together and address entire value chains; in this case, with predictive maintenance, process optimization, and energy management.”

Customers including Shell, Holcim, and Pantaleon are applying the C3 AI Asset Performance Suite to reduce unplanned downtime, optimize yield and production efficiency, reduce energy consumption, and accelerate sustainability goal timelines.

C3 AI remains committed to the vision of Enterprise AI: evolving how enterprises work with technology for a better tomorrow. C3 AI’s unmatched product and business strategy, focused on helping enterprises maximize value with AI-powered applications, is a key driver in realizing that vision. The C3 AI Asset Performance Suite product roadmap continues to drive investments in generative AI, AI vision, automated AI, as well as governance and explainability, demonstrating that C3 AI is dedicated to making it easy for organizations to capture value across its workforce and operations.

Register for the upcoming webinar on Thursday, October 24 at 10AM PT as C3 AI demonstrates how the C3 AI Asset Performance Suite helps enterprises transform asset operations.

About C3.ai, Inc.

C3 AI is the Enterprise AI application software company. C3 AI delivers a family of fully integrated products including the C3 AI Platform, an end-to-end platform for developing, deploying, and operating enterprise AI applications, C3 AI applications, a portfolio of industry-specific SaaS enterprise AI applications that enable the digital transformation of organizations globally, and C3 Generative AI, a suite of domain-specific generative AI offerings for the enterprise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241017877463/en/

C3 AI Public Relations

Edelman

Lisa Kennedy

415-914-8336


pr@c3.ai

Investor Relations

ir@c3.ai

Source: C3.ai

FAQ

What is included in the C3 AI Asset Performance Suite?

The C3 AI Asset Performance Suite includes C3 AI Reliability, C3 AI Process Optimization, and C3 AI Energy Management. These applications are designed to improve operational efficiency, yield, and productivity while minimizing downtime in asset-intensive industries.

How does the C3 AI Asset Performance Suite benefit companies?

The C3 AI Asset Performance Suite helps companies reduce unplanned downtime, optimize yield and production efficiency, reduce energy consumption, and accelerate sustainability goal timelines. It offers AI-powered solutions for predictive maintenance, process optimization, and energy management.

Which companies are currently using C3 AI's Asset Performance Suite?

According to the press release, companies such as Shell, Holcim, and Pantaleon are currently applying the C3 AI Asset Performance Suite to improve their operations and achieve sustainability goals.

What future developments are planned for C3 AI's Asset Performance Suite?

C3 AI's product roadmap for the Asset Performance Suite includes investments in generative AI, AI vision, automated AI, as well as governance and explainability. These developments aim to make it easier for organizations to capture value across their workforce and operations.