Fortune Brands Innovations Achieves 2.5x ROI with Augury's AI-Powered Machine Health Solution, Expanding Enterprise-Wide Deployment
Fortune Brands Innovations (FBIN) and Augury have announced significant achievements from their collaboration, focusing on leveraging AI to enhance manufacturing efficiency and reliability. The partnership, spotlighted in a Bloomberg Originals video, showcases how AI technologies are reshaping industrial operations and delivering measurable returns on investment. Pilot Success and Enterprise-Wide Rollout The initiative began with a pilot program at FBIN’s Fiberon facility in North Carolina, where 40 machines were connected to Augury’s AI-powered Machine Health solution. This platform integrates industrial-grade Internet of Things (IoT) sensors and artificial intelligence to monitor machine health and performance, providing critical insights that help prevent failures and optimize operations. The sensors capture vibration, temperature, and magnetic data, which is then analyzed by Augury’s advanced AI algorithms. The pilot achieved a 2.5 times return on investment (ROI) within just eight months, demonstrating the effectiveness and reliability of Augury’s technology. This success prompted FBIN to roll out the solution across all its North American and European operations, targeting over 1,000 machines in 16 sites located in the United States, United Kingdom, and Mexico. Currently, the deployment is at the halfway mark, with two-thirds of the targeted machines already integrated. Transformative Impact Todd Piatt, VP of Global Manufacturing Operations at FBIN, emphasized the importance of trust in deploying new technologies, particularly in industries where the stakes are high. “Innovation is core to everything we do, but there’s no room for error on our factory floors. The accuracy of Augury’s AI and the team’s responsiveness built this trust quickly, leading to the impressive pilot results.” Pat Knox, Director of Manufacturing Intelligence Systems at FBIN, underscored the practical benefits of Augury’s solutions. “Early in the pilot, Augury helped us prevent a catastrophic melt-pump failure, which not only underscored its value but also contributed significantly to the 2.5 times payback. Unlike many other solutions that offer empty promises, Augury delivered tangible results with a fast time-to-value and seamless integration into our existing technology stack.” Key Benefits Augury’s Machine Health solution has several key advantages for FBIN: Increased Uptime: By predicting potential failures before they occur, the system helps maintain continuous operations, reducing downtime and increasing overall productivity. Capacity Expansion: Improved machine health and performance allow FBIN to expand production capacities more effectively. Extended Equipment Lifecycles: Proactive maintenance extends the life of machinery, reducing replacement costs. Reduced Maintenance Costs: Predictive analytics minimize the need for reactive maintenance, lowering operational expenses. Data-Driven Decision Making: Comprehensive monitoring and analysis enable FBIN to make informed decisions, enhancing operational efficiency. Industry Insights and Future Outlook Saar Yoskovitz, co-founder and CEO of Augury, praised FBIN’s commitment to innovation. “Fortune Brands Innovations has embraced a culture of tech innovation and data-driven decision making, which has led to substantial benefits across the organization. From improved asset health to increased team engagement, Augury is proud to contribute to these achievements.” According to industry insiders, the strategic implementation of AI in manufacturing, as demonstrated by FBIN and Augury, sets a new standard for digital transformation. It provides a blueprint for other industrial leaders to follow, helping them avoid the common pitfalls of pilot programs and truly future-proof their factories. The partnership highlights the importance of selecting AI solutions that not only offer robust technological capabilities but also come with strong support and integration services. Company Profiles Augury is a pioneering company in AI solutions for reliability and process optimization. Their technology, trained on the world’s largest data library and supported by industry experts, helps manufacturers eliminate production downtime, improve process efficiency, and reduce waste and emissions. Customers often see a 5-20 times ROI within months of deployment. For more information, visit www.augury.com. Fortune Brands Innovations is an industry-leading company that transforms spaces into havens through its innovative home products and security solutions. With a strong focus on creating smarter, safer, and more beautiful environments, FBIN’s portfolio includes well-known brands like Moen, House of Rohl, Therma-Tru, and Master Lock. Headquartered in Deerfield, Illinois, and listed on the NYSE as FBIN, the company continues to lead the way in digital transformation and customer satisfaction. Visit www.FBIN.com for more details. The partnership between FBIN and Augury exemplifies the power of AI in modern manufacturing, offering a compelling case study for industry leaders looking to enhance their operations with technology.
