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Below are the latest EFT company announcements and news.
Koch Technology and Optimization, LLC and Koch Minerals, LLC, both subsidiaries of Koch Industries, Inc., announced the acquisition of EFT Energy, a leading software as a service and solutions provider in the fields of industrial and manufacturing predictive analytics, process optimization, and industrial and commercial energy management.
By combining EFT’s advanced analytics software platform and engineering expertise with Big River Steel’s process and steel making knowledge, EFT has delivered a real-time solution to predict product quality issues and provide operators with guidance for reducing defects before they occur.
EFT Analytics, a software and energy management solutions provider, is deploying a real-time monitor that is producing exceptional outcomes at a Koch Fertilizer plant in Enid, Oklahoma.
Koch Engineered Solutions (KES) has formed a new partnership with EFT Analytics (EFT) to offer advanced data and analytics services to improve KES customers’ business operations. The companies will focus on the commercialization of a Smart Combustion solution, EMBER, for customers in industrial value chains.
EFT’s CORTEX™ software is providing Big River’s operations team unprecedented visibility into the data behind complex steelmaking processes at the facility. One of the first results of these efforts is a solution to the industry-wide problem of strip breaks.