Beet provides diagnostic and analytical tools to accelerate problem-solving for complex assembly and automation challenges.
Beet provides diagnostic and analytical tools to accelerate problem-solving for complex assembly and automation challenges. It is a smart manufacturing solution provider founded in June 2011 and provides Process Visibility System (PVS) built upon ENVISION, the software created by BEET. PVS is a new way to manage the manufacturing shop floor. It helps to transform the shop floor culture from reactive to proactive and enables predictive maintenance. The solution implemented through PVS will maximize the capacity of existing assets by reducing the unplanned downtime and increasing the production throughput, helping sustain higher throughput by providing pinpoint and accurate information to the right people at the right time. ENVISION takes advantage of its proprietary technology to collect, process, and present data down to the motion of each device of a production line. ENVISION plays a vital role for manufacturers pursuing Industrial IoT, which, in turn, leads to Industry 4.0.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Nov 24, 2015 | Grant | $150K | 1 | National Science Foundation | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
National Science Foundation | Yes | Grant |