
PIP360
Operates in the business of predictive maintenance management and asset integrity services.
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | Growth Equity non VC | |
Total Funding | 000k |
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PIP360 Inc. specializes in providing precision monitoring solutions for industrial assets, focusing on the measurement and analysis of pipe, vessel, and tank wall thickness. The company serves a diverse clientele, including industrial, commercial, biomedical, and consumer product sectors. Operating in the asset management market, PIP360 offers a business model centered around direct measurement sensors and instruments that deliver actionable data on erosion and corrosion. This data supports predictive maintenance management, helping clients optimize maintenance schedules, extend asset service life, and reduce capital expenditures. By offering insights into predicted metal loss and wear rates, PIP360 enables asset managers and engineers to manage end-of-life thickness safely and efficiently. The company's solutions are designed to enhance operational efficiencies while minimizing exposure risks to staff and the environment. PIP360's approach has demonstrated significant returns on investment, as evidenced by case studies such as the extension of a carbon steel spool's service life, resulting in an ROI of 820%. The company was established as a standalone entity in 2012, following its origins within Agritronics.
Keywords: asset integrity, corrosion monitoring, predictive maintenance, industrial assets, erosion data, risk reduction, maintenance optimization, asset management, precision sensors, operational efficiency.