NLG.L Share News (NLG)

(ShareCast News) - Arria NLG announced a new partnership on Monday, exploring ways to add its technology to that of US-based 3D technology firm INOVX.The AIM-traded developer of natural language generation technology said the partnership would see its NLG platform provide real-time advanced data analysis and commentary to IMOVX's 3D asset modelling software.INOVX's software generates virtual environments to allow field assets to be monitored and managed through interaction with 3D models. The addition of Arria's NLG platform would assist the end user by communicating insights in natural language in real time.Arria's board said work was commencing on the integration, and if successfully deployed it could start receiving licence revenue during 2017."This is a great application of Arria's core technology. With INOVX the NLG platform truly becomes the voice of the engineering expert monitoring an oil and gas refinery or similar asset. INOVX allows controllers to swoop through a complex plant asset in a true virtual representation, allowing incidents and issues to be quickly identified and acted upon," said Arria NLG chairman and chief executive Stuart Rogers."Our NLG component tells operators what is happening beyond what they are seeing virtually, and can even provide recommendations as to what actions to take next," he added.INOVX chief executive John Bell said the company was consistently seeking compelling technologies that could further improve the operational efficiency of its customers' critical assets."By linking INOVX's V-Suite products to Arria's NLG technology we feel we have a game changer. A true virtual Artificial Intelligence monitoring and informing controllers as to the state of both their downstream and upstream assets," he said.