Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the manufacturing industry. This time, you get to discover 5 hand-picked cloud manufacturing solutions.
Global Startup Heat Map highlights 5 Top Cloud Manufacturing Startups out of 146
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-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 146 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 manufacturing 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 5 startups & scaleups in this report. For insights on the other 141 cloud manufacturing solutions, get in touch.
Fulcrum develops a Production Tracking Platform
Today’s production lines manufacture a range of products at scale, making their management complex. Currently, production or operation managers requiring information or wanting to make changes regarding the status of production have to physically inspect the production floor or go through multiple management teams to get accurate information. To replace time-consuming and inefficient processes, startups are developing cloud-based applications that track production line data in real-time to improve visibility.
US-based startup Fulcrum develops cloud-based software to modernize manufacturing processes. The startup’s platform features a real-time production tracking tool that allows users to quickly know the status and location of specific products in a production line. Additionally, the software aids in design and engineering by converting drawings into instructions, bills of material, and tolerances. The cloud-based solution uses secure cloud infrastructure to assist teams and managers in routing, closing, and reassigning jobs, among others.
Proente enables Cloud Manufacturing through Plug-and-Play Modules
The complexity of manufacturing plants requires manufacturing execution systems (MES) to monitor and manage the numerous production processes. However, in most manufacturing plants, there is no data collection or transmission from equipment which creates blind spots in manufacturing execution systems. Startups overcome this problem by creating devices that connect manufacturing equipment to the cloud.
Turkish startup Proente provides Prowmes, a web-based tool that connects equipment to the cloud. Proente’s plug-and-play modules enable manufacturing equipment to communicate using a range of protocols such as Ethernet, FANuc CNC, Modbus, and more. As the data is available on a cloud network, it is always accessible for operators and managers to improve overall equipment effectiveness (OEE). The cloud solution also monitors mean time between failures (MTBF), changes in the production plan, and defective products, among others.
Elitia Tech develops a Cloud Manufacturing Execution System
The manufacturing industry is modernizing its operations using technologies such as cloud computing, the Internet of Things (IoT), and virtualization. This requires extensive changes to production hardware and software which is not feasible for all manufacturers. Moreover, apart from the cost, the domain expertise required to integrate manufacturing 4.0 technologies acts as a barrier for manufacturers. This is why startups are providing MES tools that are easy to deploy in existing manufacturing processes.
Indian startup Elitia Tech provides a cloud-based manufacturing execution system. Their MES model is subscription-based, using infrastructure hosted and managed on the cloud, thereby eliminating on-premise hardware and consequent capital expenditure (CAPEX). The solution allows for fast implementation in small and large-scale deployments as well as real-time scalability. The MES solution helps owners and operators to reduce waste, inventory levels, and cycle times while protecting critical data to improve efficiency, quality, and customer satisfaction.
Sigma Squares Tech enables Cloud-based Machine Vision
Manufacturing processes place significant importance on systems that monitor the quality of products. In this regard, most production processes rely on cameras that scan products at high speeds to assess their quality and identity defects. However, each camera requires powerful hardware to analyze the data in real-time, which is cost-prohibitive. This is why startups are using cloud computing to off-load data analysis and, thereby, remove the need for on-premises hardware and offer flexibility in the deployment of analytics models.
Chinese startup Sigma Squares Tech develops a cloud vision software platform for industrial production inspection cameras. The startup uses hubs to collect data from multiple cameras which are then transmitted to a cloud server for analysis using 5G. Their cloud vision software is compatible with a variety of gigabit ethernet (GigE) cameras, programmable logic controllers, and input-output devices. Their technology finds use in device testing and packaging defect and damage detection in industries such as medical, textiles, and printing, among others.
iProd facilitates IoT Cloud Manufacturing
The main factor driving the transition towards cloud-based manufacturing is data visualization. Currently, monitoring the status of connected equipment requires specific platforms or applications that are accessible only from specific points. This creates further inefficiencies and delays when inspecting or checking individual equipment. To overcome these delays, startups are developing IoT tablets that connect to equipment and display their status while also transmitting the data to the cloud.
Italian startup iProd creates an IoT tablet that connects to any machine and provides insights into its status. The iProd manufacturing optimization platform (MOP) collects, manages, and optimizes four operational areas for manufacturers. These include production technology, production planning, and monitoring, preventive and extraordinary maintenance, and management of materials and tools. Additionally, iProd allows operators and managers to monitor production and control efficiency by using reporting, advanced tags, social collaboration, and smart widgets.
Discover more Manufacturing Startups
Manufacturing startups such as the examples highlighted in this report focus on robotics, swarm intelligence, and distributed computing. While all of these technologies play a major role in advancing the manufacturing industry, they only represent the tip of the iceberg. To explore more manufacturing technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Manufacturing Innovation Report to save your time and improve strategic decision-making.