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symphonyindustrial.ai

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About Symphony Industrial AI

Symphony Industrial AI provides an AI platform and industrial optimization solutions that connect tens of thousands of assets and workflows in manufacturing plants globally and process billions of data points daily, pushing new plateaus in operational intelligence. Its digital manufacturing solutions connect devices, processes, people, and systems enabling harmonizing plant automation and control. It is based in Woburn, Massachusetts.

Symphony Industrial AI Headquarter Location

300 TradeCenter, Suite 4610

Woburn, Massachusetts, 01801,

United States

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Latest Symphony Industrial AI News

Symphony Industrial AI Acquires Connected Frontline Worker Innovator Proceedix

Dec 22, 2021

Share Symphony Industrial AI announced the acquisition of connected frontline worker (CFW) platform developer Proceedix. This acquisition extends Symphony Industrial AI manufacturing industrial software solutions further into plant and factory processes. Together, Proceedix’s CFW solution and Symphony Industrial AI applications and technologies will help process and discrete industry customers improve process efficiency and quality. Proceedix leverages cloud computing, mobile, and wearable technology to offer state-of-the-art human-driven procedure, instruction, and inspection support. Proceedix’s CFW platform helps mobilize people with a combination of smartphones, tablets, PCs, and glasses to handle even their most complex processes away from their desks. Proceedix’s digital work instructions and inspection platform enable business experts to easily create and manage enterprise workflows in a “no code” environment. Work instructions, inspection checklists, and SOPs (standard operating procedures) can efficiently be executed with step-by-step visual guidance. Audit trails and alerts ensure that needed work is performed correctly and on time. As a result, companies eliminate paper, improve product and process quality, reduce labor hours required to perform operational and training tasks, and increase transparency while assuring 100% compliance. “2021 studies by LNS Research & Deloitte found that 82% of manufacturers cite workforce shortages as the current top business risk and they will continue to face ongoing workforce recruiting and retention issues. As a result, virtually every manufacturing segment is interested in a digitally enabled workforce,” said Dominic Gallello, CEO of Symphony Industrial AI. “The Proceedix capability is a natural next step for the Symphony Industrial AI plant performance and digital manufacturing solutions. Our applications raise alerts, and Proceedix provides the byte-sized work instructions for people in the plant to act.” Related Posts “Partnering with Symphony Industrial AI makes tremendous sense for our customers, our employees, and our business,” said  Peter Verstraeten , CEO of Proceedix. “Symphony Industrial AI’s global reach, development power, and AI know-how will together bring better results to our users. The connectivity of each companies’ solutions will better realize our global customers’ digitization roadmaps/ambitions. I am very proud of what our company has accomplished to date. We look forward to our exciting new future.” Symphony Industrial AI is a Symphony AI company. The Proceedix acquisition is part of the SymphonyAI strategy to build AI software solutions to meet specific vertical industry needs. Peter Verstraeten will continue running Proceedix as an independent unit of Symphony Industrial AI, preserving its unique selling proposition of digital technology leveraged by deep industrial knowledge and customer intimacy.

Symphony Industrial AI Acquisitions

1 Acquisition

Symphony Industrial AI acquired 1 company. Their latest acquisition was Proceedix on December 21, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

12/21/2021

Seed / Angel

$99M

$2.37M

Acquired

4

Date

12/21/2021

Investment Stage

Seed / Angel

Companies

Valuation

$99M

Total Funding

$2.37M

Note

Acquired

Sources

4

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