I have been wondering where ThinkIQ is going to wind up. It’s a pretty cool startup in the smart manufacturing software space (aka, MES). The company has taken an investment by Mitsubishi Corporation and a collaboration agreement to jointly accelerate the growth of ThinkIQ’s digital manufacturing platform in Japan. Terms of the investment were not disclosed.
ThinkIQ has built its open platform working closely with U.S. and European government smart manufacturing and Industry 4.0 initiatives and global standards bodies. The investment is further testament to ThinkIQ’s technology and will drive expansion leveraging Mitsubishi’s global presence.
ThinkIQ provides visibility to the manufacturing shop floor across each tier of complex supply chains. The SaaS platform securely connects to the physical world of legacy and smart equipment, IoT sensors, OT and IT systems to bring all relevant data into a single analytics platform that brings context, meaning and discoverability for all participants in supply chain and manufacturing operations. ThinkIQ Vision brings vision-processing software combined with powerful pre-packaged Machine Learning and Artificial Intelligence capabilities to turn standard cameras on the shop floor into sensors that eliminate blind spots across equipment, materials, and people to greatly enhance the available data for Continuous Intelligence.
