Applied Computing

The core of their business is the Orbital platform, a Multi-Foundation AI system designed to transform raw industrial data into actionable insights for real-time optimization. This system, described as a foundation model for refinery operations, leverages edge AI and was developed in conjunction with Nvidia. It integrates into existing control systems to enhance performance, safety, and sustainability. By using physics-grounded AI, Orbital enables engineers and operators to better understand and optimize their plant's performance across various metrics such as energy efficiency and yield optimization. The technology addresses common issues with cloud-based AI, including performance limitations, security risks, and the high cost of data transfer, by providing a secure and high-performing edge AI infrastructure built for time-series data.

Applied Computing targets clients in heavy industries, specifically oil and gas refineries. The business model appears to be providing its Orbital platform as a standalone AI solution or as a supplemental tool to enhance existing systems from providers like Seeq, Honeywell, and Aveva. The company aims to unlock new levels of profitability and predictability by leveraging previously untapped data through its edge AI infrastructure.