Skip to content

Contact Us

(866) 466-4680

Write to Us

info@foresightdata.io

Analytics-based, Wireless, Predictive Asset Management Technologies for use in Industrial, Construction, Manufacturing, Oil & Gas, and Energy Applications

“We design purpose-built IoT solutions, provide program management services, and real-time data monitoring.”

All Videos

Analytics-based Predictive Asset Management

Implementing a predictive, analytics-based maintenance program can yield remarkable results: a 10x increase in ROI, 25%-30% reduction in maintenance costs, 70%-75% decrease in breakdowns, and 35%-45% reduction in downtime. The reasons are simple – reactive maintenance costs 3x – 5x more than predicting failures and replacing parts before they fail. When equipment fails there are immediate costs as a result – lost productivity, idle workers, and delays in completing the finished product.

Approximately 45% of unplanned downtime occurs as a result of equipment failures. That translates into $50 billion per year in lost revenue for industrial companies. Even after production begins again, the costs of interrupting operations continue. Approximately 60% of all companies face quality issues after an unplanned shutdown.
Monitoring and Diagnostics

About Us

Our Philosophy

At Foresight, our objective is to minimize the customer’s commercial risk when piloting new technologies. We start small – understanding the customer’s desired outcomes and ROI expectations. We thoroughly measure our results before scaling the scope of a project.

Understand Our Customer’s Desired Outcomes

Create a Pilot Model to Minimize Our Customer’s Commercial Risk

Measure Pilot Results and Create ROI Model

Phased Approach - Scale as Our Customer's Expectations are Met

Monitoring and Diagnostics

Monitoring your instrumented assets will allow you to make the best maintenance decisions for your facility. Get data-driven recommendations based on real-time asset conditions, historical asset data, fault codes, and operating thresholds.

Increase operational efficiencies and reduce maintenance costs by making proactive maintenance decisions based on predictive insights. Our technology detects asset anomalies and helps to predict and prevent problems before they occur.

Foresight's White-Label Teaming Program

If your company wants to use technology to differentiate itself from its competitors but is a non-technical business, contact Foresight. At Foresight, we have a unique teaming program that will allow you to provide our Analytics-based Maintenance technology to your customer base. Your company will use its recognized branding and marketing to ensure a seamless experience for your customers. With Foresight’s technology, you’ll have more tightly-linked relationships with your customers and you’ll have a new profit center, as well.

Guiding Principles

The principles that guide us in our work at Foresight are very simple. We listen to our customers and our partners so that we thoroughly understand their expectations. We provide honest and sincere advice and support based on our experience. We put our customers first and believe that if we support them with their goals they will, in turn, support us with ours. We do what we say we are going to do, every time. Lastly, we demonstrate our appreciation for our customers and the trust they put in us and we never forget the importance of those relationships.

Understand Each Other's Expectations

Be Honest in What You Say and Do

Support Each Other's Goals and Plans

Do What You Commit to Doing - Everytime

Acknowledge Good Work & Show Appreciation