
Falkonry
Founded Year
2012Stage
Acquired | AcquiredTotal Raised
$10.63MAbout Falkonry
Falkonry enables step improvement in operational excellence through data and computation. It provides a machine learning system to enable operations teams to discover, explain, and predict operational behaviors. The company was founded in 2012 and is based in Cupertino, California. In August 2023, Falkonry was acquired by IFS. The terms of the transaction were not disclosed.
ESPs containing Falkonry
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The predictive maintenance market offers software solutions leveraging AI and IoT technologies to provide real-time machine insights. This enables manufacturers to move from reactive to proactive maintenance programs and, as a result, prevent process-driven production losses, reduce over maintenance, extend asset lifetime, and optimize manufacturing equipment controls. It also helps them eliminate…
Falkonry named as Challenger among 15 other companies, including Qlik, Uptake, and SparkCognition.
Falkonry's Products & Differentiators
Falkonry Clue
Predictive production operations
Research containing Falkonry
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Falkonry in 2 CB Insights research briefs, most recently on Aug 16, 2023.

Aug 16, 2023
The industrial internet of things (IIoT) market mapExpert Collections containing Falkonry
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Falkonry is included in 3 Expert Collections, including AI 100.
AI 100
200 items
Artificial Intelligence
10,944 items
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Advanced Manufacturing
4,348 items
Companies in the advanced manufacturing tech space, including companies focusing on technologies across R&D, mass production, or sustainability
Falkonry Patents
Falkonry has filed 14 patents.
The 3 most popular patent topics include:
- Industrial machine manufacturers
- Systems engineering
- Black holes

Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
10/15/2020 | 10/25/2022 | Black holes, Machine learning, Industrial machine manufacturers, Options (finance), General relativity | Grant |
Application Date | 10/15/2020 |
---|---|
Grant Date | 10/25/2022 |
Title | |
Related Topics | Black holes, Machine learning, Industrial machine manufacturers, Options (finance), General relativity |
Status | Grant |
Latest Falkonry News
Sep 6, 2023
Acquisition positions IFS as the only vendor with leading ERP, EAM, FSM and ESM functionality now able to provide AI-generated anomaly detection to drive automation and optimisation of processes and workflows across its entire platform.{loadads} IFS, the global cloud enterprise software company, has announced that it has signed a definitive agreement to acquire Falkonry, Inc. a California-based Industrial AI software company that provides automated, high-speed data analysis to the manufacturing and defence industries. The AI-based, self-learning solution continuously monitors large volumes of data for assets, machines, systems, and industrial processes to discover and analyse unusual behavior and causes of failures. Over the past two decades, the growing scale of assets, machines, and fleets has generated unprecedented amounts of data, making real-time operational monitoring highly complex and hindering immediate operational enhancements, such as maintenance and process adjustments. By leveraging Falkonry’s automated and self-learning AI, organisations can democratise intelligence, enabling operational users to take timely actions to prevent asset downtimes, quality issues, and emission violations and automate process and workflow improvements. The addition of Falkonry’s self-learning anomaly detection solution to IFS’s existing enterprise simulation and AI based scheduling and optimisation capabilities further evidences the company’s strategy to use AI pervasively to provide end-to-end intelligent insights in EAM (Enterprise Asset Management) across ERP (Enterprise Resource Planning), MES (Manufacturing Execution System), PSO (Planning, Scheduling, Optimisation), FSM (Field Service Management) and ESM (Enterprise Service Management) technology to increase people and asset productivity. Headquartered in California, USA, and regional presence in Mumbai, India, Falkonry was founded in 2012 by CEO Nikunj Mehta. The company has customers across North America, South America, and Europe, including the US Navy and Air Force, Ternium, North American Stainless, Harbour Energy, and SSAB, demonstrating its focus on industries in industrial manufacturing and Defense agencies. IFS CEO, Darren Roos, commented: “Falkonry is unique in the market because its technology is agnostic and also it does not require data scientists. These are great differentiators for Falkonry that means the solution is both scalable and low-cost to implement – two fundamental attributes that very much align to our own values.” Roos added: “Falkonry’s technology can be applied in all industries, and whilst the team has some hugely impressive references in IFS’s focus markets on asset performance management, manufacturing execution systems, servitisation, and configurable workflows, we see a really broad addressable market to capitalise on.” Nikunj Mehta, CEO of Falkonry, commented: “The convergence of artificial intelligence and industrial processes has become increasingly crucial for organisations seeking to enhance productivity through data”. {loadads}He added: “We are thrilled to join forces with IFS and looking forward to combining our unique strengths to provide a truly compelling value proposition to our existing customers as well as IFS’s customers.” He concluded: “Becoming part of IFS will enable us to further innovate and extend the value we create for our customers.” “Today's enterprise is continuously collecting asset performance data, making it a challenge across a multitude of industries from manufacturing to service to put it in the right context and take action in real-time. Organisations using artificial intelligence and machine learning models with their data for self-learning asset performance anomaly detection will generate critical insights faster, boosting productivity and business performance,” said Brian O’Rourke, IDC Research Manager, EAM and Smart Facilities.’ This acquisition follows soon after IFS’s acquisition of Poka, a provider of connected worker technology that empowers factory and field operatives to work smarter, safer and drive productivity. The combination of Falkonry and Poka with IFS Cloud makes IFS the most compelling vendor for organisations wanting to establish the most progressive and effective Smart Factories of the future. IFS expects the acquisition of Falkonry to complete in Q4 2023. Union Square Advisors LLC served as exclusive financial advisor to Falkonry in connection with the transaction.{loadmtreelistings 37085}
Falkonry Frequently Asked Questions (FAQ)
When was Falkonry founded?
Falkonry was founded in 2012.
Where is Falkonry's headquarters?
Falkonry's headquarters is located at 10020 North De Anza Boulevard, Cupertino.
What is Falkonry's latest funding round?
Falkonry's latest funding round is Acquired.
How much did Falkonry raise?
Falkonry raised a total of $10.63M.
Who are the investors of Falkonry?
Investors of Falkonry include IFS, Lloyd's Lab, Hypertherm Ventures, Paycheck Protection Program, Plug and Play Japan and 10 more.
Who are Falkonry's competitors?
Competitors of Falkonry include Infinite Uptime, Fero Labs, AVEVA, MakinaRocks, UptimeAI, Noodle.ai, DataProphet, Senseye, Seebo, Cognite and 14 more.
What products does Falkonry offer?
Falkonry's products include Falkonry Clue and 1 more.
Compare Falkonry to Competitors

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