MachineMetrics joins World Economic Forum

MachineMetrics, a leading data and digital app platform for manufacturing, has joined the World Economic Forum’s Global Innovators Community, a group of the world’s most promising start-ups and scale-ups at the forefront of technological and business model innovation. As a member of the Global Innovators Community, MachineMetrics will engage with public and private sector leaders and contribute new solutions to overcome the current crisis and enable future resiliency. Companies invited to become Global Innovators will engage with one or more of the Forum’s Platforms to help define the global agenda on key issues.

“Amid major global disruptions brought about by the COVID-19 pandemic, it is a critical moment for innovative companies to bring forward new ideas and innovations to help protect communities and industries around the world,” says Bill Bither, CEO and co-founder of MachineMetrics. “As a leader in manufacturing’s digital transformation, we are proud to work alongside the World Economic Forum to build a more sustainable industry for the future.”

“The World Economic Forum is happy to have MachineMetrics join our Global Innovators community,” says Francisco Betti, head of advanced manufacturing and production, World Economic Forum. “Including new, innovative voices is essential to the work we do at the Forum, and we look forward to what MachineMetrics’ advanced manufacturing expertise will add to our projects, dialogues, and platforms."

Manufacturing remains the largest industry in the world with the least digitization. This lack of data leads to massive inefficiencies that affect every component of the manufacturing lifecycle. However, an estimated 60% of global manufacturing companies will use connected device data for analysis in the coming year, evidence that IoT is already driving unprecedented disruption in a notoriously slow-adoption industry for technology. Access to data can transform traditional manufacturing operations and supply chains into dynamic, sustainable, more resilient interconnected systems.

MachineMetrics aims to be the catalyst for the digital transformation of manufacturing. Their IIoT Platform is plug-and-play with no on-site set up required, enabling consumable machine data and insights in a matter of minutes. Today, the company supports several of the world’s top manufacturers, which leverage MachineMetrics to expedite time-to-value for their IoT programs and provide the foundation for scaling digital applications across their factories.