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logo of Praemo
Portfolio company

Praemo Inc.

Details
Region
Ontario
Industry sector
Other services and manufacturing
Investment year
2020
Fund
Industrial Innovation Venture Fund
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Investor
Aditya Aggarwal

Principal

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About the company

Praemo provides RazorTM, an analytics engine combing industry expertise with AI and the IIoT to predict and prevent disruption to operations. The product uses machine learning and combines it with industry knowledge to streamline production processes and optimize industrial operations. It plugs in existing data source collecting industrial transactional and asset data in non-intrusive manner to the underlying systems, analyzes the collected data and identify abnormal equipment and process behavior before it leads to costly variability and disruptions. The system will send alerts based on anomalies identified and provides insights to operators with prescriptive intelligence.