Xerox’s PARC Spins Out Novity, a Breakthrough Predictive Maintenance Venture

NORWALK, Conn. – Xerox has spun out Novity™, a start-up founded by Xerox’s Palo Alto Research Center that has developed and commercialized industrial predictive maintenance technology. “PARC’s goal has always been to incubate, launch and commercialize disruptive technologies, and Novity is an excellent example of this model in action,” said…