Factbird: Manufacturing Intelligence for Industry 4.0

We are delighted to showcase Danish powerhouse Factbird as our Cloud-Based Manufacturing Intelligence Solutions Company of the Month

According to Make UK, the UK manufacturing sector is booming. It is the 12th largest manufacturing country in the world, creating a phenomenal 2.6 million jobs and producing an output of £217 billion annually. Industry 4.0 is evident across the sector with AI, 3D printing, sensors, green tech and smart manufacturing all jostling for position. The industry is not without its pain points, though, such as a chronic shortage of skilled workers and global supply chain delays.

For many in the sector, Lean Manufacturing is the business model backbone. It helps navigate and adapt to the constant and rapid changes in technology and global market conditions.

Factbird is a leading Danish tech company, spearheading Cloud-based manufacturing intelligence solutions.

The Copenhagen-based business originated from a world leader in lean manufacturing and process optimisation: Emendo Consulting Group. Established in 2016, their plug & play manufacturing intelligence solutions are now routinely used across 28 countries globally, with over 250 manufacturers using their systems daily.

The company’s 2023 track record speaks for itself:• Data from over 4,500 production lines was collected• Total customer retention rate remained at over 90%• Five new partners came on board including FORCE Technology and Omron Industrial Automation Europe• £16 million investment bolstered product development and global growth• Industry recognition: Momentum Leaders in G2 Winter Report 2024 for Manufacturing Intelligence Software• New customers that joined in 2023 increased OEE2 by 14 points on average (39% OEE2 increase throughout the year)• In May 2024, Factbird reached €5 million in yearly recurring revenue (ARR).

Factbird is bringing Industry 4.0 to small and large manufacturers around the globe with its cuttingedge manufacturing intelligence solutions that collect and analyse production data to enhance operational efficiency.

The leveraging of real-time analysis quickly identifies quality concerns, bottlenecks, downtime frequencies and opportunities for productivity improvements.

The platform collects data from sensors and machines, with Cloud-based software producing seamless analysis. It’s easy to install and deploy on the manufacturing shop floor, empowering all users towards production optimisation.

“Our startup DNA lies in lean manufacturing to minimise waste and increase efficiency, which is in line with company ESG’s and the UN’s SDG’s.

Our software is the result of expert in-house R&D, with secure, encrypted data translating to real-time outcomes.

“We offer built-in OEE calculations, production monitoring, corrective/proactive maintenance support, tracking of energy consumption, all at the touch of a button. Factbird is a game-changing intelligence solution that provides simplified data and analysis, allowing you, the manufacturer, to make data-backed decisions.

“In the New Year, we will be launching an exciting new platform designed to boost key metrics further by analysing quality control, compliance, maintenance and new staff training through SOPs and Plan Do Check Act (PDCA). This is only part of the new product offerings, with further new capabilities and features on offer. Watch this space!” explains Søren Schønnemann, CEO of Factbird.

Ramp up your manufacturing production today: Factbird supports the food and beverage, paper and packaging, automotive, industrial equipment, construction and building, and plastics, and pharmaceutical sectors.

Special Offer: Exclusive to readers of Industry Update, Factbird is offering a free trial of its manufacturing intelligence solutions plus free online implementation consulting. For more information, click here: www. factbird.com/industry-update-special-offer