Helsinki, August 9 – CloEE, an AI-powered SaaS specifically designed to enhance the productivity of discrete manufacturing companies of all sizes by an impressive average of 20%, is thrilled to announce the start of its US operations. The launch is backed by strategic partnerships with the veteran of the US market – Royal Engineering International, Inc. (REII), an industrial solutions provider offering cloud-based monitoring, Industry 4.0 compliant assembly solutions, custom manufacturing solutions, and engineering services to manufacturers across North America.
According to the report by McKinsey, the potential economic value of the Internet of Things (IoT) in factory environments could range between $1.4 trillion and $3.3 trillion by 2030. The greatest potential for value creation in these environments lies in optimizing manufacturing operations, which involves efficiently managing various assets and personnel on a day-to-day basis.
CloEE focuses on real-time data collection, reducing emergency stops by up to 95% and improving productivity, reducing reject rates by 2 times and improving equipment efficiency by up to 30%. The CloEE SaaS involves predictive analytics, optimizing operation modes and leading to substantial cost savings on equipment expenses. Drawing on the data collected, CloEE presents the possibilities of generative AI, paving the way for advanced technology management. More