AI as a Service for industrial IoT providing real-time and predictive analytics
The industrial Internet of Things segment is forecasted to grow exponentially with analysts estimating that by 2019 it will be more than double the size of the smartphone, PC, tablet, connected car and wearable market combined, adding $1.7 trillion in value to the global economy. But if businesses are to get the most value out of IoT they need to look beyond simply collecting data through their products —they need to understand what it means and act on it in real time.
mnubo provides data analytics solutions for connected product manufacturers and service providers. Its out-of-the-box insights bring IoT data to life by showing how and when products are being used, and how they’re performing. Using the platform, companies can store data generated by IoT sensors and process it to create real-time business reports, monitor it for anomalies and predict outcomes based on machine learning. For those creating IoT products and connected items across all verticals, mnubo offers a smart way to extract value from existing data and optimize their business.
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Mnubo raises $16.5M Series B from Munich Re/HSB Ventures, White Star Capital, McRock Capital and other investors