Imubit

Imubit

Invented a new paradigm for IoT predictive analytics and big analog data. Learn more

Financials

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues6.5m15.2m31.0m34.0m39.8m
% growth-134 %104 %10 %17 %
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Recent News about Imubit

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Imubit specializes in AI-driven optimization solutions for hydrocarbon processing plants, including refineries, gas processing units, and olefin splitters. The company leverages patented Closed Loop Neural Networks technology to automate and enhance plant operating strategies, thereby unlocking untapped value and improving efficiency. Imubit serves clients in the hydrocarbon processing industry, offering solutions that integrate deeply with existing processes while prioritizing safety. The business model revolves around providing AI applications that allow real-time interaction with models, enabling operators and engineers to visualize value generation and adjust constraints and targets on-premises. Revenue is generated through the deployment and maintenance of these AI solutions, which are tailored to meet the stringent safety requirements of the industry.

Keywords: AI optimization, hydrocarbon processing, Closed Loop Neural Networks, refineries, gas processing, olefin splitters, efficiency, safety, real-time interaction, patented technology.

Tech stack

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