Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups in the automotive industry. As there is a large number of startups working on a wide variety of solutions, we decided to share some of our insights with you. So, let’s take a look at promising solutions in Industry 4.0 for automotive.
Heat Map: 5 Out Of 300 Industry 4.0 Startups
For our 5 picks of Industry 4.0 startups in automotive, we used a data-driven startup scouting approach to identify the most relevant solutions globally. The Heat Map below highlights 5 interesting examples out of 300 highly relevant Industry 4.0 solutions in the automotive industry. Depending on your specific needs, your top 5 picks might look entirely different.
3D Components AS – Additive Manufacturing
The most advanced 3D printers can print not only low-quality plastics as before but also more complex materials such as metal or composites as they are being used in the automotive industry. 3D Components AS, a Norwegian company, designs, assembles and delivers robotics systems for additive manufacturing purposes.
On Robot – Advanced Robotics & Automation
Manufacturing robots are easing the way of vehicle assembly. By improving the quality of the product, addressing capacity challenges, and providing safer working environments, collaborative robots bring massive advantages for manufacturers and OEMs. On Robot, a Danish company, provides end-of-arm tooling to ease the connection between human workers and collaborative robots.
RunSafe – Cybersecurity
Smart factories in the automotive industry are equipped with the Internet of Things (IoT), or connected devices, where sensors transmit data to provide insights into a machine’s state to reveal whether they are at high risk for cyber attacks. US-based startup RunSafe provides cybersecurity solutions for Industrial IoT (IIoT) devices thereby minimizing the risk of cyber attacks and protecting connected devices in factories.
Scope AR – Augmented Reality
From the real-time analysis of prototyping and machinery maintenance to training employees, Industry 4.0 companies, as well as car manufacturers, greatly benefit from form Augmented Reality (AR) technologies. San Francisco-based Scope AR provides a variety of solutions for assisted employee guidance with their telepresence tool for remote real-time guidance.
Senseye – Predictive Maintenance
Analyzing a vast amount of data from IIoT and connected devices enables manufacturers to predict malfunctions before they occur thus reducing repair cost in vehicle manufacturing and also enhancing efficiency with increased uptime. Senseye, a UK-based company, builds industrial operations software to accurately support car manufacturers in monitoring their machinery.
What About The Other 295 Solutions?
While we believe data is key to creating insights it can be easy to be overwhelmed by it. Our ambition is to create a comprehensive overview and provide actionable innovation intelligence for your Proof of Concept (PoC), partnership, or investment targets. The 5 Industry 4.0 startups showcased above are promising examples out of 300 we analyzed for this article. To identify the most relevant solutions based on your specific criteria and collaboration strategy, get in touch.