The startup develops shop-floor management and analytics software that tracks key manufacturing metrics such as Overall Equipment Effectiveness (OEE) and production efficiency. By integrating with enterprise resource planning systems, the software provides real-time notifications and insights, enabling manufacturers to enhance decision-making and optimize production processes.
Funding
$450K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many manufacturing plants face challenges with shop floor visibility, inaccurate information, lack of inventory accountability, delayed data, and inefficient utilization of machines and resources. These issues can lead to downtime, revenue loss, and a lack of traceability.
Solution
ShopWorx provides an end-to-end Industrial IoT platform for manufacturing shop floor management and analytics, offering real-time insights and advanced automation to enhance decision-making and optimize production processes. The platform integrates with existing enterprise resource planning (ERP) systems and uses IoT sensors to collect data, which is then analyzed using machine learning algorithms. ShopWorx offers modular solutions including production monitoring, maintenance insights, assembly line management, and utility monitoring, providing a comprehensive view of plant operations. The platform helps manufacturers digitize day-to-day processes, simplify human interactions, and deliver actionable insights to improve shop floor visibility and performance.
Target Audience
ShopWorx targets automotive, white goods, EV, plastic molding, and food processing manufacturers seeking to improve shop floor efficiency, reduce downtime, and enhance overall productivity.
Features
- Real-time production monitoring with Overall Equipment Effectiveness (OEE) analytics
- Predictive maintenance scheduling based on machine learning and data analytics
- Assembly line management with work order management and end-to-end traceability
- Utility monitoring for water, air, gas, energy, and steam consumption
- Customizable reports with pivot-like functionality for in-depth data analysis
- Role-based access control to ensure data security and relevance
- Mobile apps for supervisors to assign and perform maintenance tasks
- Integration with IoT sensors for accurate data collection directly from machines
- Alerts for abnormal energy consumption and machine downtime
- SOP management with PDF and video uploads for maintenance technicians