Worximity
Canvas Category Software : Information Technology : Asset Performance Management
Empower your team to make great decisions across your entire factory ecosystem with role-based, real-time actionable data and insights. Fast, simple and low cost implementation combined with our Smart Factory roadmap means that you get a quick ROI out of the gate while enabling continuous advancement and improvement for years to come.
Assembly Line
All about actionable data
But knowing what digital factory software solution to choose can be a challenge when there are so many and it seems like they all do the same thing, which they don’t. For Canadian processors looking for a digital factory software solution that gives them all the data they need – and more importantly, tells them what to do with it – one provider is closer, geographically, than you probably think. Worximity Technologies Inc. is a Montreal-based technology company that has developed continuous improvement (CI) algorithm and digital technologies that measure performance based on automatic data collection, real-time operations monitoring, automated analytical reports, and preventive and predictive advice using machine learning and artificial intelligence to identify, quantify, and prioritize opportunities, providing accurate metrics that take the guesswork out of decision-making.
Worximity has helped improve the performance of more than 2,500 projects in North America, Desmarais said, and between five and 10 per cent of its customers are in plastics, from packaging to tubing, in both Canada and the U.S. “The plastics industry was in our sights from the beginning, and we can reduce downtime caused by either human factors or processing equipment by gathering information from the machine and the operators, reduce rejects, and track raw material yield in instances when you’re using more material to produce an order than is specified,” Desmarais said. “We’ve worked with many larger companies, but our real sweet spot is with the mid-size manufacturers; their cycle times are shorter and they have a smaller number of decision makers that have to sign off on the project. We bring profit to these companies very quickly. And if they already have an ERP management software system in place, we can build on that – we never need to scrap the system entirely.”
Financing Stage - Worximity Obtains $14M to Accelerate Manufacturing Productivity with the Help of Digital Technology
Worximity, a Quebec-based technology company that accelerates manufacturing productivity and profitability, announced today that it has closed a new $14 million dollar financing round. The company obtained the amount from Investissement Québec, who joins Worximitys’ investors, the Fonds de solidarité FTQ and its strategic investor Marel have also participated in this financing round, renewing their trust in Worximity.