04 October. 2019
RISE, the Centre of Excellence in Research and Innovation in the fields of Interactive Media, Smart Systems and Emerging Technologies and BOREAS, a specialized company in the fields of Industrial Automation and Production Management and in the field of industrial networks for Industries and high reliability assets, will be collaborating in research and pilot projects in the area of Artificial Intelligence as an enabler to IoT and testing applicability in various use applications.
In particular, the collaboration will focus on creating a future-ready environment by adding capabilities to existing machinery and processing data to enable more informed decision making in the Oil and Gas industry.
“We develop partnerships with valuable partners, such RISE, a Research Center of Excellence, to continue to provide our clients with solutions that improve their daily lives and the productivity of their businesses. ", said Yiannis Marinitsis, the Sales Director of Boreas.
RISE and BOREAS aim to build strong collaboration with added value to the local society.
“We aim to create effective research collaborations involving machine learning and Industrial IoT devices to bridge the gap between the physical and digital systems.”, said Spyros Nikolaou, CEO of RISE.
The Centre of Excellence RISE, plays an essential role in the transfer of knowledge and technology in the region surrounding Cyprus. RISE aims to act as a link between academic research and industrial innovation, in the direction of the scientific, technological and economic development of Cyprus and Europe. It has, at the core of its strategy, the goal to bridge the gap between research and industry, and seeks collaborations with Cypriot and International businesses.