Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into heavy industries. This time, you get to discover five hand-picked AI solutions impacting heavy industries.
Out of 200, the Global Startup Heat Map highlights 5 Top AI Solutions impacting Heavy Industries
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering 2 093 000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 200 exemplary startups & scaleups we analyzed for this research. Further, it highlights five heavy industry startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these five startups & scaleups in this report. For insights on the other 195 AI solutions impacting heavy industries, get in touch with us.
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OnSiteIQ provides Construction Site Intelligence
Founding Year: 2017
Location: New York, US
Funding: USD 12,4 M
Partner For: Real-Time Construction Monitoring
US-based startup OnSiteIQ develops an AI-based construction site intelligence platform. The platform is updated with new site images on a weekly basis to develop updated floorplans of the ongoing project. Moreover, it allows construction managers to remotely monitor the work progress. The platform is also capable of offering actionable insights to managers by analyzing floorplans and construction videos using their AI engine to recognize milestones, progress, and safety risks on site. This way, OnSiteIQ enables construction managers to conveniently monitor and document the progress of projects.
Rithmik Solutions offers Mining Equipment Maintenance
Founding Year: 2017
Location: Montreal, Canada
Funding: USD 75 000
Partner For: Predictive Maintenance
Canadian startup Rithmik Solutions leverages AI technology to reduce maintenance problems at mining sites. Rithmik’s platform uses a comparative approach to monitor the health of mining equipment. It compares virtual models of healthy mining equipment with physical counterparts and flags any anomalies or differences in real-time. This enables miners to better understand the health of their mining equipment so that they are able to implement repairs in advance and avoid any work lapses due to equipment failures.
Yuanan Zhineng provides Hazard Monitoring
Founding Year: 2017
Location: Shanghai, China
Partner For: Oil Well Work Monitoring
Chinese startup Yuanan Zhineng builds a video analysis platform for hazard monitoring around oil wells and work sites. It utilizes computer vision to identify any irregular activity or unexpected events such as gas leaks. This enables oil companies to create safer working conditions for their workers. The startup’s platform also finds applications in energy and construction, among other industries.
GroundUp facilitates Manufacturing Process Tracking
Founding Year: 2017
Location: Singapore
Partner For: Manufacturing Optimization
Singaporean startup GroundUp develops AI-powered monitoring and maintenance solutions for heavy industries. GroundUp combines smart sound sensors and its AI platform to prevent unwanted downtimes at manufacturing facilities and track progress. Their sound sensor analyzes sounds from floor equipment to detect any abnormalities. The platform uses this sound data to offer maintenance insights and also tracks ongoing work. Factory managers use this information to allocate resources more effectively, thereby ensuring reliable access to machinery.
ChemTech enables Chemical Production Automation
Founding Year: 2018
Location: New York, US
Funding: USD 200 000
Partner For: Sustainable Manufacturing
US-based startup ChemTech offers an AI-enabled intelligence platform for chemical plants. AI Operator, the startup’s platform, makes real-time adjustments to manufacturing processes by analyzing parameters including temperature, pressure, and chemical quality. This allows chemical plant operators to improve production yield and quality. Moreover, it reduces energy costs and lower greenhouse emissions, thereby improving sustainability.
Discover more industrial Startups
Startups such as the examples highlighted in this report focus on production inspection, lean manufacturing, and quality management. While all of these technologies play a major role, they only represent the tip of the iceberg. To explore industrial technologies in more detail, simply let us look into your areas of interest. For a more general overview, download our free Industrial Workplace Innovation Report to save your time and improve strategic decision-making.
