raven

Raven is an Industry 4.0 technology company specializing in digital manufacturing analytics. Founded in 2013, Raven's mission is to set a new standard of work for the smart factory and its people by providing real-time insights and guidance to manufacturing teams. The company's vision is to be the benchmark for Contextual Time, enabling operational excellence and improving the day-to-day work of millions of people. Raven's primary focus is on continuous improvement across frontline operations on the shop floor and beyond, aiming to transform shop floor operations for increased productivity and a happy frontline.

Raven's strategic focus centers on empowering manufacturers to achieve optimal performance by capturing, analyzing, and acting on contextualized production data. The company specializes in providing real-time recommendations and productivity insights through its digital Overall Equipment Effectiveness (OEE) solution. Key technologies utilized include mobile hardware, software, and cloud-based analytics driven by artificial intelligence. Raven targets global manufacturing leaders, including companies like Danaher, Michelin, and McCain, to help them increase productivity and drive continuous improvements on the shop floor.

In 2018, Raven secured $6.1 million in angel investment, laying the foundation and proving the company's Industry 4.0 product-market fit across industries. In 2023, Raven raised $12 million and completed its Series A financing, accelerating opportunities to grow and create more demand in the manufacturing space.

Raven's technological platform is distinguished by its proprietary Augmented Industrial Management (AIM) system, which integrates mobile hardware, software, and cloud-based analytics driven by artificial intelligence. This platform enables real-time data collection and analysis, providing manufacturing teams with accurate, up-to-date insights to uncover bottlenecks and improvement opportunities. By focusing on contextualized production data, Raven's solution facilitates immediate results without requiring changes to the number of people or machines, setting it apart in the Industry 4.0 landscape.

Raven's leadership team comprises experienced professionals with diverse backgrounds in manufacturing, technology, and business strategy. Martin Cloake, Co-Founder and Chief Executive Officer, spent over a decade in manufacturing roles, including Manufacturing Engineer, Production Supervisor, and Consultant, before founding Raven. Braden Stenning, Ph.D., Co-Founder and Chief Technology Officer, brings expertise in aerospace engineering and technology solutions. Paul Turner serves as President and Chief Operating Officer, while Robert Lander holds the position of Chief Strategy Officer and Chairman. Robin Sutherland is the Chief Revenue Officer.

Raven operates in the rapidly evolving Industry 4.0 sector, characterized by the integration of digital technologies into manufacturing processes. The market is experiencing significant growth, driven by the increasing demand for real-time data analytics, automation, and smart manufacturing solutions. Key trends include the adoption of artificial intelligence, machine learning, and the Internet of Things (IoT) to enhance operational efficiency and productivity.

Raven faces competition from several companies offering digital manufacturing analytics and Industry 4.0 solutions. Notable competitors include Tulip, which provides a manufacturing app platform for frontline operations; Sift, specializing in machine learning and data analytics for manufacturing; and HighByte, offering industrial data operations software. These competitors focus on various aspects of manufacturing analytics, leveraging technologies such as AI, IoT, and cloud computing to deliver insights and improve operational performance.

Raven has established significant collaborations and partnerships to strengthen its market position and innovation capacity. The company works with global leaders, including Danaher, Michelin, and McCain, to implement its digital OEE solution and drive productivity improvements. These partnerships enable Raven to expand its capabilities and deliver tailored solutions to a diverse range of manufacturing clients.

Raven's strategic roadmap focuses on expanding its technological offerings and market reach within the Industry 4.0 landscape. The company aims to enhance its AI-driven analytics platform, develop new features to address emerging manufacturing challenges, and strengthen partnerships with global manufacturing leaders. By leveraging its current strengths in real-time data analytics and contextualized production insights, Raven is well-positioned to capitalize on opportunities for growth and innovation in the smart manufacturing sector.

For more information about Raven and its offerings, please visit the company's official website.