Factor.E, founded in 2015, is a German startup at the forefront of industrial digital transformation. Specializing in Analytics, Energy, and Manufacturing sectors, the company offers an innovative solution aimed at enhancing the digitalization and networking of production equipment through intelligent monitoring of electrical power usage.
The core offering, the FactorE.OS platform, serves as a comprehensive shopfloor and energy management tool. It provides real-time insights into production performance, energy efficiency, and capacity utilization. Utilizing big data algorithms, the platform delivers detailed analytics, which enables manufacturers to optimize performance and respond swiftly to production challenges.
Factor.E's platform integrates seamlessly into existing workflows, offering an effortless and maintenance-free IoT solution that automates shopfloor data acquisition. The company's last recorded investment was a non-equity assistance partnership with the Microsoft Accelerator Berlin on 29 March 2016, underscoring its growth potential and innovative approach to industrial digitalization.