An Enterprise AI Platform Created to Make Industry 4.0 a Reality
A new complete, full stack solution was introduced to help manufacturing businesses transform their operations to reduce waste, material defects and the overall energy required to create their products. The platform accelerates manufacturing and supply chain digital transformation projects and makes Industry 4.0 a reality. Dell Ventures accelerated the production of this multi-tier, industrial-grade edge-to-cloud-to-edge solution by leading Noodle.ai’s $35 million Series B round last year, joined by previous investor TPG Growth.
Until now, Industry 4.0 was no more than a buzzword for companies in the manufacturing and supply chain industries. No other end-to-end solution offered every necessary piece of technology that would allow companies to realize the promised economic and financial benefits. By partnering with Dell’s OEM group, Noodle.ai is able to deliver the first edge-to-cloud-to-edge, full-stack Enterprise AI® platform for supply chain and manufacturing operations.
Since its inception, Noodle.ai has worked to bring Industry 4.0 to life and help manufacturing and supply chain businesses transform their operations to reduce waste, material defects, and the overall energy required to create products, solve predictive challenges and keep business moving forward.
Noodle.ai’s suite of applications ensure that its customers are able to anticipate and plan for key variables affecting business operations, including product quality, maintenance, downtime, costs, inventory and flow. This mitigates issues before they happen and eliminates pockets of waste and inefficiencies that accumulate across supply chain functions. Its applications can predict potentially costly product quality issues and equipment failures and identify patterns in complex combinations and production variations to increase flow and profits.
In manufacturing, a tremendous amount of raw data is collected every day but isn’t utilized effectively. Data was traditionally collected for humans to analyze, through records of events and dashboards, but it is an unmanageable task for humans to sift through such a massive amount of data to uncover trends and quickly develop accurate predictions. To pinpoint issues and make informed predictions faster, this new platform ensures that data is optimally collected and processed for artificial intelligence to work at the speed that Industry 4.0 requires.
“Working alongside our partners at Dell allowed us to create a powerful platform that can address the unique challenges that occur in the manufacturing space, especially around monetary and environmental waste,” said Ted Gaubert, CTO, Noodle.ai. “We measure success internally with reduced CO2 and radical efficiency as part of our not-so-secret plan to save the planet, and we are proud to bring not only those benefits to the manufacturing space, but also deliver cost and time savings by empowering Industry 4.0.”
Contributed by Daniel D. Gutierrez, Managing Editor and Resident Data Scientist for insideBIGDATA. In addition to being a tech journalist, Daniel also is a consultant in data scientist, author, educator and sits on a number of advisory boards for various start-up companies.