Alchemy launches 'no code' IoT asset intelligence - Internet of Business

Newly launched Alchemy IoT outlines its plans for a new approach to managing industrial assets using artificial intelligence. Alchemy IoT, a provider of IoT asset intelligence for industrial IoT, launched last week with $4 million in funding. According to the company, its product is driven by a'no-code' approach to what it calls "IoT asset intelligence". This, apparently, focuses on simplifying how management, performance and maintenance of industrial assets can be improved using artificial intelligence (AI) and machine learning. The company plans to target small to medium-sized industrial customers with limited technical and data science resources – the sorts of organizations that find it tough to bring complex IoT applications online.