The declining costs of data acquisition, data storage, and cloud computing have transformed the economics of numerous industries, from consumer products to retail to financial services. However, fields such as energy, maritime, chemical, and manufacturing haven’t experienced the benefits at the same rate. These sectors face unique challenges with their capital-intensive physical assets and related information technology investments. MIT alumnus Tor Jakob Ramsøy (S.M. ‘95) understood these dynamics, and launched Arundo two and a half years ago to provide large-scale analytics. The company’s technology enables machine learning for performance insights and automates processes for equipment monitoring, safety, logistics, and scheduling, helping its clients to minimize unplanned downtime and increase profitability, because as Ramsøy says, “It’s all about increased asset utilization.”