Ontonix and Shiratech announce strategic partnership

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Como, 23-rd July, 2020.

Ontonix, a technology company delivering Quantitative Complexity Management (QCM) hardware and software (HW & SW) for anomaly detection and early warnings, and Shiratech, a company developing condition monitoring and predictive maintenance technologies, have announced a new partnership and collaboration agreement.

Shiratech combines extensive hardware design expertise with the benefits of advanced sensor-driven data monitoring and artificial intelligence. The company offers End-to-End solutions from Sensor to Cloud which reduce maintenance costs and extend the operation time of a wide spectrum of assets.

Shiratech’s flagship product, iCOMOX – Intelligent Condition Monitoring Box –offers an Industry 4.0 ready End-to-End solution for condition-based monitoring, anomaly detection and predictive maintenance of industrial equipment, assets and structures.

Ontonix delivers HW and SW solutions which provide early warnings of malfunctions, attacks and systemic collapses of complex and mission-critical systems, mainly for military applications. The key characteristic of QCM technology is that it detects anomalies and determines their causes without the use of Machine Learning or pattern recognition.

“We believe  the combination of our respective technologies will produce a unique, non-intrusive systemic monitoring capability which does not need to access a CAN bus or any other source of sensor data” said Dr. Jacek Marczyk, founder and president of Ontonix.

“The collaboration between Shiratech and Ontonix will deliver significant and  immediate added value to our global customers, allowing them to reduce maintenance costs and improve the efficiency of the ASSET monitor as well as reduce  capital expenditure. By working with Ontonix, we can offer customers a complete solution which is simple to implement, “said David Vaktor, CEO of Shiratech.

About Shiratech

Shiratech delivers value at every opportunity, by producing ARM System on Modules which cut time to market significantly. Its design engineering capabilities, advanced manufacturing excellence and new product introduction expertise, as well as its presence in Germany, make Shiratech a partner of choice. The company’s customers operate in demanding sectors including automotive, medical, consumer and industrial electronics. Shiratech was acquired by AY Electronics Group, a leading electronics company headquartered in Israel, in 2017. AY Electronics Group works with start-ups, OEM's and the world’s biggest brands to streamline and manage global supply chains, to minimize risks and increase revenues.

Visit www.shiratech-solutions.com to learn more.

About Ontonix
Established originally in 2005 in the USA, Ontonix is a technology company headquartered in Como, Italy. The unusual technology and solutions developed by Ontonix focus on countering what most threatens safety, advanced products, critical infrastructures, or IT network security - the rapid growth of complexity.

For more information on Ontonix, visit www.ontonix.com/

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Dr. Jacek Marczyk

Visionary, ex rocket scientist, businessman and writer with over 35 years of experience in QUANTITATIVE large-scale Uncertainty and Complexity Management in diverse fields (manufacturing, finance, economics).

Author of ten books on simulation, uncertainty and complexity management, rating.

Developed in mid 90s the theory of eigenvalue orbits, a generalization of the concept of eigenvalue.

In 2000-2005 has developed the first Quantitative Complexity Theory (QCT), including a comprehensive measure of complexity.

Founded Ontonix Complexity Management in 2005 in the USA and launched in 2006 the first commercial system for MEASURING and managing complexity: OntoSpace.

www.ontonix.com

In 2009 developed real-time technology to measure the complexity and stability of patients during operation or permanence in Intensive Care Units.

http://www.ontomed.net

Developed a new theory of risk and rating published in 2009 in a book entitled "A New Theory of Risk and Rating".

Over last decade develops quantitative complexity management (QCM) technology and solutions for applications in economics, finance, Risk Rating and Management as well as in Asset Management and medicine. In the past five years works towards the democratization of ratings.