Global Startup Heat Map highlights 10 Industrial Workplace Startups to Watch in 2023
Through the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering over 3 790 000+ startups & scaleups globally, we identified 661 Industrial Workplace startups. The Global Startup Heat Map below highlights the 10 industrial workplace startups you should watch in 2023 as well as the geo-distribution of all 661 startups & scaleups we analyzed for this research. Based on the heat map, we see high startup activity in Western Europe, followed by the US and India. These industrial workplace startups work on solutions ranging from shop floor visibility and quality management to safety wearables and worker monitoring.
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As the world’s largest resource for data on emerging companies, the SaaS platform enables you to identify relevant technologies and industry trends quickly & exhaustively. Based on the data from the platform, the Top 5 Industrial Workplace Startup Hubs are in New York City, Berlin, London, Bangalore & Singapore. The 10 hand-picked startups highlighted in this report are chosen from all over the world and develop solutions using the internet of things (IoT), AI, smart wearables, computer vision & more.
10 Top Industrial Workplace Startups to Watch in 2023
One of the most impactful innovations in industrial workplaces is the increasing use of automation, including robots and other machines that perform a wide variety of tasks. This technology improves manufacturing throughput and safety, as well as cost savings for businesses. Additionally, integrating advanced sensors and analytics tools enables companies to optimize their operations and improve decision-making processes. Virtual and augmented reality technologies are also being used to train employees and enhance their skills, while IoT connects machines and devices and gathers real-time data on production processes. Overall, these innovations are helping to transform the industrial workplace and drive growth in the sector.
- Komete – Shop Floor Visibility
- Pulsar – Industrial Asset Optimization
- EthonAI – Manufacturing Quality Management
- MIWA Robotics – Automated Material Movement
- Leanios – Production Execution Optimization
- spacebands – Wearable Safety Monitors
- Squint – Factory Floor Collaborations
- Ripik Technology – Operational Decision-making
- IntegrAI – Manufacturing Digitization
- Trace+ Technologies – Employee Movement Measurement
Komete improves Shop Floor Visibility
Italian startup Komete offers an internet of things (IoT) platform that collects, monitors, and analyzes production data. It leverages a system of mobile sensors to collect operational data to facilitate the tracking of material flow, orders, and processing hours of individual lots. Komete’s cloud-based software improves visibility into shop floor activities and enables better-informed decisions. The solution, in this way, reduces lead time and improves production planning.
Pulsar simplifies Industrial Asset Optimization
Mexican startup Pulsar combines IoT and AI to monitor and optimize assets in industrial workplaces. The startup’s solution utilizes plug-and-play hardware, cloud computing, and proprietary intelligence algorithms to monitor equipment across factories. Pulsar also builds a dashboard that provides performance indicators for individual machines and all connected assets. Thereby, the startup’s platform streamlines the identification of production gaps while reducing industrial monitoring costs and process refinement time.
EthonAI aids Manufacturing Quality Management
Swiss startup EthonAI offers an AI-powered platform that detects, monitors, and prevents manufacturing quality defects. The platform incorporates software tools for quality management, including features like assembly verification, surface inspection, process monitoring, and root cause analysis. It is also hardware-agnostic, permitting scalability across various system integrators and products. The startup’s product thus allows manufacturing companies to reduce production waste and avoid faulty products from leaving the factories.
MIWA Robotics enables Automated Material Movement
US-based startup MIWA Robotics develops automated guided vehicles (AGVs) and autonomous mobile robots (AMRs) for industrial workplaces. The startup’s patented AGVs and AMRs feature a lightweight aluminum body and enable fast charging that increases uptime. MIWA Robotics’ solutions also use an integrated AI algorithm that supports warehouse and retail management. This enables inventory and order management in real-time, maximizing output, accuracy, and productivity in warehouses and factories.
Leanios simplifies Production Execution Optimization
German startup Leanios provides a manufacturing execution system (MES) for small and medium-sized factories to optimize production processes. It digitizes manufacturing processes to make production planning, scheduling, controlling, and monitoring more convenient, transparent, and efficient. Leanios’ cloud-based solution allows machine operators and supervisors to configure processes, assign production orders, and track production from anywhere.
spacebands offers Wearable Safety Monitors
UK-based startup spacebands provides a wearable device and software to make workplaces safer. The startup’s multi-hazard safety monitoring wearable collates environment and employee health data. This facilitates informed decisions about workplace safety while prompting staff to adopt actions that ensure wellness at work. The startup’s software also offers hazard prompts, wellness reminders, and employee feedback about workplace dangers to ensure their safety on the job.
Squint improves Factory Floor Collaborations
US-based startup Squint develops an augmented reality (AR)-powered mobile application that aids the optimization of factory procedures and workforce. It offers a collaboration interface for workers to reduce training time and errors on the floor. The Squint Procedure is the startup’s standard operating procedure (SOP) tool that combines real-world factory environments with digital instructions. This makes industrial protocols more engaging and accessible. Squint’s collection of tools makes knowledge sharing easier and the operation of complex machinery safer.
Ripik Technology enhances Operational Decision-making
Indian startup Ripik Technology makes an AI-based platform to improve the safety, efficiency, and sustainability of industrial workplaces. Ripik Vision is the platform’s computer vision module that analyzes raw materials and finished goods in real-time for better visibility of key parameters like size, color, and quality. Optimus is a machine learning engine that solves multivariate problems to optimize line balancing, equipment scheduling, and workforce allocation. The platform, in this way, automates decision-making on the manufacturing shop floor, reducing expenditures and improving sustainability.
IntegrAI accelerates Manufacturing Digitization
Japanese startup IntegrAI applies AI and camera systems to digitize manufacturing data. The startup’s solution automatically digitizes instrument readings of analog and digital meters, providing analyzable data. In this way, the startup allows floor managers to get access to both real-time and historical equipment data. This allows businesses to digitize data acquisition without massive infrastructure changes and capital expenditures.
Trace+ Technologies simplifies Employee Movement Measurement
Singaporean startup Trace+ Technologies offers an enterprise software-as-a-service (SaaS) platform to enhance worker productivity in intensive operations. The startup’s platform collects workforce and operational data through IoT-enabled safety badges and strategically installed location tags. Further, it analyzes the interaction, movement, and location data of workers to provide custom directives that optimize productivity and safety. This enables floor managers to monitor employee movements and identify non-productive behaviors, security breaches, and contacts with infected employees.
Discover All Emerging Industry 4.0 Startups
The Industry 4.0 startups showcased in this report are only a small sample of all startups we identified through our data-driven startup scouting approach. Download our free Industry 4.0 Innovation Report for a broad overview of the industry or get in touch for quick & exhaustive research on the latest technologies & emerging solutions that will impact your company in 2023!
