Company Research Report: Symboticware Inc.
Company Overview
Name: Symboticware Inc.
Mission: Symboticware's mission is to bring industrial intelligence to industrial fleets, such as mining and deliver business benefits like fuel efficiency, less downtime, and predictive maintenance using advanced data and AI solutions.
Founded: 2008
Founders: No specific information is available.
Key People:
- Ash Agarwal: Chief Executive Officer
- Lucinda Reynolds: Director of Product
- Saikat Prabhakar: Senior Director of Engineering
- Ajaypal Sandhu: Product Manager Hardware
- Amit Patel: Director of Project Management
- Kirk Petroski: Founder, Chairman of The Board
Headquarters:
- 1545 Maley Drive, Greater Sudbury, ON, Canada P3A 4R7 (Primary Headquarters)
- Additional locations in Calgary, Chicago, Elko, and Gurgaon.
Number of Employees: 11-50 employees (as per LinkedIn)
Revenue: No information is available.
What the Company is Known For: Symboticware is known for its cutting-edge AI and IoT technologies for the resource industry, specifically focusing on optimizing asset performance and industrial fleet management in mining, forestry, agriculture, and construction.
Products
1. 4-Sight.ai
An asset management platform that enables data capture, tracking, and analysis to avoid unscheduled downtime, minimize fuel consumption, enhance safety, and reduce carbon footprint.
Key Features:
- Digitization for all Assets: Ingests data from any asset and transfers it to the cloud.
- Predictive Maintenance: Optimizes repairs and takes preventative measures based on insights.
- Smart Analytics: Provides detailed analytics on productive vs. idle time.
- Global Tracking: Real-time tracking of assets worldwide.
- Actionable Alerts: Enhances decision-making with real-time, actionable alerts.
2. Squares
An AI platform that uses natural language processing to provide insights into equipment maintenance costs and survivability analysis.
Key Features:
- Maintenance Data Access: Retrieves data points from human-generated maintenance logs.
- Survivability Analysis: Predicts the remaining lifetime of equipment’s main systems and components to enable predictive maintenance.
Recent Developments
Recent Developments in the Company:
- August 2023: Introduction of the upgraded version of their asset performance management platform, 4-Sight.ai, with innovations in haul truck payload prediction.
- July 2023: Symboticware’s significant project focusing on integrating satellite-to-cellular technology into the SymBot IIoT platform, supported by MICA to enhance connectivity for mining operations.
New Products Launched:
- New Asset Performance Management Software: Details on its features will be announced at MINExpo 2024.
New Features Added to Existing Products:
- 4-Sight.ai’s AI-Driven Insights: Enhanced AI-driven analytics for fuel consumption and utilization.
- Productivity Dashboard and Enhanced Cycle Time Features: New dashboard and features to optimize productivity.
- Time-Saving Reporting: Generates detailed asset management reports in seconds.
New Partnerships:
- Partnership with SpaceX’s Subsidiary Swarm: To integrate technologies and create an asset performance management platform accessible from anywhere on the planet, leveraging Swarm’s global connectivity.
Insights and Events
Case Studies:
- Detour Lake Mine:
- Challenge: Data interoperability and access in a remote location.
- Solution: Implemented 4-Sight.ai and SymBot IIoT devices for real-time data streaming.
- Outcomes: Enhanced fuel savings, safety improvements by monitoring gases in equipment cabs, and better maintenance through Agnico Eagle Squares for maintenance management.
Articles:
- Topics Covered:
- Leveraging Maintenance Data
- Maximizing Efficiency in Mining Operations
- Curbing Fuel Wastage in Mining with AI
- Integrated Approach to Operational Visibility
Upcoming Events:
- MINExpo International 2024: September 24-26, Las Vegas, Nevada, USA.
Recent News:
- November 9, 2023: Foresight 50 List Names Symboticware among “Most Investable” Cleantech Firms.
- March 6, 2023: Partnership with SpaceX’s Subsidiary Swarm for global connectivity of IoT devices.
Contact Information
Global Contact Number: 1-800-519-5496
Canada Contact Number: 1-705-885-1572
Email: info@symboticware.com
Website: [www.symboticware.com](http://www.symboticware.com)
This report captures detailed and organized information focusing strictly on the provided data about Symboticware Inc. For any fields not explicitly mentioned in the data provided, "No information is available" has been noted.