logo
logo

Controlrooms.Ai Raises $10M For Industrial Manufacturing Troubleshooting Platform

Aug 29, 2023almost 2 years ago

Amount Raised

$10 Million

AustinSoftwareAnalyticsMachine LearningArtificial Intelligence

Description

Industrial manufacturers face, on average, about 800 hours of unplanned downtime every year, or more than 15 hours per week, according to a recent report. The cost of unexpected troubleshooting, estimated at $50 billion yearly, results in lower productivity and lost revenue. Most companies are still manually troubleshooting, but ControlRooms.ai. an Austin, Texas-based startup, wants to change that.

Company Information

Company

ControlRooms.ai

Location

Austin, Texas, United States

About

Troubleshoot 10x Faster. ControlRooms is the leading AI Troubleshooting platform company for chemical and energy producers. With ControlRooms, operators and engineers can troubleshoot 10x faster. ControlRooms uses advanced AI to shine a light on the trends that matter and identify anomalies across plant systems.

Related People

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech