Business

Kx technology to power Keysight smart factory platform

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FINTECH firm First Derivatives' primary platform Kx Technology has entered into a strategic partnership with Keysight Technologies, a €4.3 billion technology company that helps enterprise, service providers, and governments accelerate innovation to connect and secure the world.

Chosen for its high-performance streaming capabilities and enhanced analytics, the Newry firm will provide Keysight with deeper insights and operational intelligence into its manufacturing data, across a range of industries, including aerospace, automotive and energy.

Kx, which in the last year has signed deals with high profile Formula One teams including Aston Martin Red Bull racing, will use its advanced algorithms to help Keysight customers across a host of areas and power its PathWave Manufacturing Analytics smart factory platform.

Seamus Keating, chief executive at Kx, said: “We know our technology has the ability to change the game for our customers.

“By partnering with forward-thinking companies such as Keysight Technologies we can make it easier and faster to adopt, helping our clients to solve critical business issues and drive value.”

Christopher Cain from Keysight added: “Kx provides a platform that enables aggregation of extremely large data sets, with low-latency that enable faster insights in a broader variety of industrial analytic opportunities.”