Matix

Matix

An Industrial IoT and Cloud Solution for Intelligent Mold Management.

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€1.1m

Valuation: €7.5m

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Total Funding000k
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Matix.cloud operates in the industrial IoT sector, providing a cloud-based platform that integrates artificial intelligence and machine learning to optimize asset management, quality parts production, and supply chain resiliency. The company serves manufacturers, particularly those involved in metal, die casting, and plastic injection molding. By utilizing precise accelerometers and GPRS technology, Matix.cloud enables real-time tracking and data collection of mold performance, including parameters like shot counts, cycle time, temperature, and pressure. This data is transmitted securely to the cloud, allowing clients to access and analyze their production data in real time. The business model revolves around offering a subscription-based service for its platform, generating revenue through ongoing client subscriptions. Matix.cloud addresses challenges such as mold saturation and supplier performance visibility, helping clients reduce risks like late deliveries and extend mold life. The platform's advanced data encryption ensures secure data transmission, making it a reliable choice for manufacturers seeking to enhance their operational efficiency.

Keywords: IoT, mold telemetry, asset management, supply chain, manufacturing, AI, machine learning, data analytics, GPRS, cloud platform.

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