SGS Acquires Control of C-Labs

SGS, a global company active in the field of certification and inspection with over 1,800 offices and laboratories around the world, has acquired a majority stake in the Chiasso based startup C-Labs SA founded in 2016.

C-Labs is an Industry 4.0 startup specializing in research and development projects aimed at creating technologies and services used for the analysis and aggregation of unstructured information with semantic techniques and machine learning. C-Labs has as a result created advanced tools for predictive analytics that can interpret and turn big data into actionable information to business. These tools have allow for effective decision making and increased competitiveness.

Thanks to the support from the Swiss Artificial Intelligence Lab IDSIA (Istituto Dalle Molle di Studi sull'Intelligenza Artificiale), the startup has been able to adopt the latest machine learning technologies to specifically develop technologies to enhance learning by machines which are used in food controls.

Following the acquisition, the C-Labs platform will be developed as an integrated solution within SGS to create a new paradigm, using both human and technology elements to deliver enhanced, scaled, actionable insights from data.

“This acquisition is a valuable contribution to our TIC 4.0 strategic initiative on digitalization and data, and an excellent complement to the partnership initiated earlier this year with Transparency-One,” said Frankie Ng, CEO of SGS. “We will continue to partner with selected technology providers to broaden our service portfolio and enhance our value proposition.”

Pic: beofonemind/Pixabay

(RAN)