🚀 Datanomix: Live Factory Intelligence
Monitor & respond to factory operations in real-time
Operating factories can be tough. Machines malfunction, quality checks fail, materials run out. Right now it’s a black box for most factory operators: administrators don’t find out about problems until the end of quarter report. Datanomix is putting an end to that narrative.
⚾ Elevator Pitch
Today, factory operators manually input everything they do. Loading supplies, maintaining machines, and doing quality checks is usually done by operators manually entering information into a tablet.
As a result, operators spend more time logging their work than doing it, and they game the system to make their shift productivity look good when factory productivity is actually low. Factory managers are left scratching their head, wondering why their factory didn’t meet targets. They are nervous to accurately forecast their quoting, costing, and planning.
That’s where Datanomix comes in. They use IIOT (Industrial Internet of Things) technology to automate and surface key factory insights in real-time. They directly connect to factory software to pull out the key insights needed for factory managers to (1) effectively assign workers to the right tasks (2) predict machine failures before they even happen, and (3) accurately quote prices to their customers and know that they’ll be able to deliver on time.
👇The Drop Down
💻 Site: https://datanomix.io/
🌱 Founded: 2017
🦄 Stage: Series A
📈 Tech Trend: Analytics
🦶 Traction: Raised $6 million in Series A funding, provide solutions to retailers like NTMA, AMT, and PMPA, Featured on Venture Beat, Business Wire, and NH Business Review.
✊ Team: - John Joseph (CEO) | Greg McHale (CTO)
🔍 Why we like it
🏎️ Factory automation is on the rise, maintaining it is harder than ever
The manufacturing industry is desperate for new technology to modernize their factories. More than 4 million robots will be installed in 50,000 warehouses by 2025, but to support that, Oxford estimates an increase in spending by $47B on just FACTORY LOGISTICS. Datanomix is challenging the notion that logistics needs to keep being so expensive, with a full suite of production monitoring, digital GEMBA, and condition monitoring.
🌊 Riding the digital transformation wave towards IIOT
You’ve heard of internet of things (IOT), but the industrial internet of things (IIOT) is focused on taking clunky old factory machines, and adding a much smarter layer. Computer Numerical Control (CNC) first gave machines a digital edge: making it possible to drill, route, or lathe materials with millimeter-level precision. Now, IIOT lets these machines go even further: calculating parts per hour, reporting on their own wear-and-tear, and even communicate with other machines.
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