Startups to Watch
These companies are using AI and machine learning to provide predictive analytics, which will be critical in manufacturing environments as production ramps up in the wake of the Covid-19 crisis.
With worldwide production currently paralyzed by crunches in both supply and demand, manufacturers have an unprecedented opportunity to explore new efficiency technologies ahead of ramping back up.
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As the pandemic subsides and the global economy begins to recover, manufacturers will need to operate at maximum efficiency to survive and take advantage of growth opportunities.
Improving predictive maintenance capabilities is one key way manufacturers can optimize productivity. Equipment downtime is a critical issue — advances in artificial intelligence and machine learning can help factories anticipate equipment failures to prevent costly disruptions.
Below, we’ve used CB Insights data to surface 5 early-stage startups focused on anticipating equipment breakdowns and increasing factory uptime.