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Integrated Industrial Analytics Platform to accelerate the impact of smart manufacturing
Posted: Dec 26, 2021
- BizTalk with Massimiliano Sulpizi’ is an arena innovatively designed by EquityMatch.co for its community to pitch venture ideas. This initiative’s’ main objectives are to aid startups seek the opportunity for fundraising as well as to provide an opportunity to all the founders in quest of seed investment for their startups, to share details about their venture idea via a video conference, with Massimiliano Sulpizi the founder of EquityMatch.co.
While manufacturing is decidedly less glamourous than its products, it is a backbone of any industrialized society.
Notwithstanding advances in technology and terabytes of data generated throughout the production line, many manufacturers still rely on spreadsheets to identify anomalies in machine and process performance and discover the root cause of quality related problems as the relevant data is siloed in disconnected repositories.
The lack of insights carries a significant cost to manufacturers, in terms of worker productivity, scrap rates and production efficiency.
smartFAB, established in 2018 by Ann LoCicero, resolves this problem with integrated industrial analytics platform that puts people at the center of decision-making and aims to increase the competitiveness of the Italian and European manufacturers.
Machine learning applications created by smartFAB help manufacturers unlock insights and make proactive, fact-based decisions by detect anomalies, identify root cause, and predict product quality at the end of each manufacturing process step.
smartFAB is an off the shelf software solution, that combines Automated Analytics and automated data storytelling into a single integrated tool that is specifically designed for manufacturing.
It overcomes the integration problem and connects the dots for manufacturers. It is more than a dashboard, smartFAB combines numbers and narrative into easy to understand stories so that shop floor can take proactive, fact-based actions, saving, hours, days, weeks, and sometimes even months to find the root cause of a problem.
"Very different types of manufacturing environments – Very different issues - One single solution."
As Ann LoCicero discusses about their solution thoroughly, smartFAB states to bring insights to the factory floor, ultimately reducing the time and cost insights by ~80%. It aims to reduce scrap rates by ~30% in increased production efficiency by ~30%, closing the circle of Industry 4.0 to make factories smart. So, that engineer doesn't have to look at countless parameters on a tool to figure out which one of them deviated in the moment that a product was processed on that tool.
The need of solutions like smartFAB is elaborated by Ann LoCicero, "enhancing the competitiveness manufacturers is fundamental to the European economy", and as she points out, "a strong manufacturing sector provides highly skilled, highly paid jobs and more creates greater social equity within Europe."
smartFAB advanced solutions will help business entities to remain competitive in digging into its own data to understand what's happening, and eke out many costs that are occurring, enabling the manufacturer’s to optimize production while improving overall quality to manufacturers of all sizes.
smartFAB starts where visual solutions, such as six sigma and lean strategies, fall short to reduce production waste. The smartFAB team looks forward working jointly with investors to scale its business.
smartFAB creates actionable analytics for data-driven-manufacturers. Their machine learning applications help manufacturers unlock insights and make proactive, fact-based decisions by diagnosing problems, predicting outcomes, and prescribing solutions. Industrial Analytics introduced by smartFAB brings insights to the factory floor, reduce the time and cost to actionable and explainable insights that enable you to optimize production while improving overall quality.
EquityMatch.co is founded by Massimiliano Sulpizi, an avid entrepreneur, venture capitalist, merchant banker, and executive. He is the Founder and Managing Partner of HSMI-Corporate Advisory, where he has advised clients in the infrastructure, fashion, real estate, and tech, totaling transactions for over €100M, and fundraising over €50M. He currently serves as an advisor and a board member to numerous EU/HK healthcare and technology startups and growth-stage companies.
EquityMatch.co helps founders to find their ideal match for startup funding. It is a platform that encourages startup investing. It also provides an opportunity to search for the right investor by creating a profile with their information and by broadcasting their innovative thoughts via video streaming. It is designed to serve entrepreneurs seeking seed-stage funding through to the pre-IPO stage, without the hassle of recreating a company profile at every stage of the funding process.
To learn more visit: https://www.equitymatch.co/About the Author
Malka Amarathunga is an entrepreneur, a content writer, and currently employed as the head of business development at www.equitymatch.co.As a content writer, she writes about startups and entrepreneurship.
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