Panoratio was established in March, 2003, in Munich, Germany. The technology grew out of work started at the Siemens AG Artificial Intelligence / Machine Learning Laboratory to address optimization issues regarding the installation and performance of gas turbine engines within Siemens Westinghouse power plants.

While sensors placed throughout the power plant generated extremely complex datasets, it proved impossible to close the performance loop and analyze them efficiently. Researchers solved this problem by developing of a pure software solution that reduces the dataset’s footprint without losing any of its granularity or complexity. Recognizing the universal value of the solution, Siemens AG, established Panoratio as a separate, independent entity.

Since then, Panoratio has developed PANOsight, a software suite underpinned by the patented compression technology, and has over 50 customers in production. The company is proud to count AOK, AOL, Avis, buch.de, InsightHealth, KarstadtQuelle, Macy’s, SavaSeniorCare, Sierra Health Services, Siemens, Sixt, Vodafone and Yahoo! among them.

Panoratio is headquartered in Munich, Germany, with U.S. offices in San Francisco and Boston.