Fintech / Insurtech

P&C Insurance - IoT Technology For Risk Management And Claims

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER

What is P&C Insurance - IoT Technology For Risk Management And Claims?

IoT technology combines hardware, software, analytics, and cloud platforms to deliver increased visibility into business operations. The resulting improvement in risk management can reduce and prevent losses.

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Leaders

Leaders are the most established service providers in the market and possess the breadth to address various customer needs.

See why these companies made it as leaders for P&C Insurance - IoT Technology For Risk Management And Claims. These companies include Kinetic and Augury.

K
Kinetic

United States / Founded Year: 2015

Kinetic is a company that develops wearable devices to reduce musculoskeletal injuries of industrial workers. The company's product can measure the risk of injury of a worker based on lifting posture and activity, and provides feedback to the worker as well as information to the safety manager on how to reduce that risk.

Key People

Haytham Elhawary, Adam Price, Aditya Bansal

Augury logo
Augury

United States / Founded Year: 2011

Augury's machine health AI predicts machine failures in and prescribes exactly when and how to correct them. Wireless sensors connect rotating equipment across industrial facilities and securely transmit mechanical data to the cloud. The data is then analyzed by proprietary cloud-based AI and prescriptive insights are delivered directly to maintenance/reliability personnel and manufacturing operations in real-time. Machine health insights are also contextualized with operational data to provide system-level insights across the manufacturing organization.

Known Customers

Essity

Key People

Saar Yoskovitz, Roy Eitan, Gal Shaul, and 1 more

Highfliers

Highfliers are the most innovative service providers in the market and possess the resources to address evolving customer needs.

See why these companies made it as highfliers for P&C Insurance - IoT Technology For Risk Management And Claims. These companies include GuardHat and Uptake.

GuardHat logo
GuardHat

United States / Founded Year: 2014

GuardHat aims to transform safety in the industrial workplace. GuardHat is a multi-product intelligent safety system that integrates wearable technology and advanced proprietary software.

Key People

Senni Perumal, Saikat Dey, Mikhail Zhavoronkov, and 2 more

Uptake logo
Uptake

United States / Founded Year: 2014

Uptake is a provider of predictive analytics software that collects and interprets sensor data for clients in mining, rail, energy, aviation, retail, and construction industries. Uptake integrates cross-industry expertise, data science, and workflow connectivity to build high-value solutions based on massive data sets, identify problems before they happen, and drive safety, efficiency, and productivity.

Key People

Bradley Keywell, Kayne Grau, Linda Bartman, and 2 more

Outperformers

Outperformers are the most specialized service providers in the market and possess the expertise to address unique customer needs.

See why these companies made it as outperformers for P&C Insurance - IoT Technology For Risk Management And Claims. These companies include Smartvid.io and Foghorn.

Smartvid.io logo
Smartvid.io

United States / Founded Year: 2015

Smartvid.io is a cloud-based media hosting platform that uses machine learning to help teams manage, collaborate, and analyze industrial videos and photos. The company was founded in 2015and is based in Cambridge, Massachusetts.

Known Partners

Egnyte, Skanska, Procore

Foghorn logo
Foghorn

United States / Founded Year: 2014

FogHorn provides an edge intelligence (or "fog computing") platform for industrial and commercial IoT applications. It enables analytics and edge computing applications in a wide variety of industrial and enterprise use cases in sectors such as manufacturing, power and water utilities, oil and gas production, mining, renewable energy, transportation and healthcare, as well as smart grids, smart cities, smart buildings and connected vehicles.On January 12th, 2022, Foghorn was acquired by Johnson Controls. Terms of the transaction were not disclosed.

Known Customers

Aramco Ventures

Key People

Kamesh Raghavendra, Sastry Malladi, Mohan Reddy, and 2 more

Triax Technologies logo
Triax Technologies

United States / Founded Year: 2012

Triax Technologies delivers a connected IoT worksite platform designed for construction, energy, and heavy industrial environments. Its flagship Spot-r system provides real-time, data-driven visibility to elevate worksite safety and productivity. Proximity Trace provides distancing alerts and contact tracing for the workplace.

Known Customers

Autodesk

Key People

Robert Costantini, Justin Morgenthau, Ben Sweet, and 1 more

Challengers

Challengers are the most promising service providers in the market and possess the agility to address emerging customer needs.

See why these companies made it as challengers for P&C Insurance - IoT Technology For Risk Management And Claims. These companies include .

What is P&C Insurance - IoT Technology For Risk Management And Claims?

IoT technology combines hardware, software, analytics, and cloud platforms to deliver increased visibility into business operations. The resulting improvement in risk management can reduce and prevent losses.

Selling a product or service?
Reach more buyers.

Your future customers are researching their next tech solution on CB Insights. Make sure they can find you.

Claim your CB Insights Profile