HSB Invests in Augury’s Internet Machine Diagnostics Platform Technology
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Hartford Steam Boiler (HSB), part of Munich Re, announced recently that it has invested in Augury, a predictive machine diagnostics company that is bringing its proprietary algorithms, smart sensing device and mobile diagnostics tool to new markets, starting with diagnosing heating, ventilation and air conditioning (HVAC) systems within commercial buildings. Augury’s technology has the potential to save billions of dollars in maintenance and energy costs.