Tvarit: An Industrial AI Platform For Informed Decision Making
Technology has been playing a vital role when it comes to the manufacturing industry, enabling the manufacturing firms to minimize the manpower required and maximize productivity with minimal resources. However, while the manufacturing industry has been very agile in the adoption of the smart manufacturing technologies, it still continues to face myriad of issues at the management level in terms of informed decision making due to lack of business-specific solutions. This is where Tvarit comes into the picture, helping manufacturing industry take data-driven decisions by delivering Industrial AI solutions as per their unique business requirements.Tvarit, with headquarter in Germany, offers completely customizable and ready-made solutions specific to the manufacturing industry to the clients from across the world. “Till now, the focus has been on automating the repetitive tasks so as to decrease the workload at the shop-floor level. Today, the manufacturing industry is undergoing a rapid transformation owing to the fourth industrial revolution, as businesses are increasingly focusing on informed decision making at the management level. We are perfectly positioned to help businesses in terms of decision making by leveraging our industrial AI solutions,” informs Suhas Patel, CEO, Tvarit GmbH. “It is difficult to solve manufacturing problems unless we clearly understand the machinery, process and mind set of the operators. Since we are precisely focusing on the manufacturing industry, we can provide them with relevant solutions. Headquartered in Germany, we enjoy the advantage of early access to the premium quality machinery manufacturers where our solutions are being tested and used,” he adds.
Improving Productivity with AI-enabled Manufacturing Data Analytics
Tvarit was recently awarded for one of the best Industrial AI platforms
amongst 490 European AI companies by European Data Incubator (EDI). The platform which is available on Cloud, Edge and on-premise combines extensive knowledge from experienced data scientists working in fortune 500 manufacturing companies with innovative AI techniques. This enables the manufacturing industry to successfully implement relevant business
use-cases. Speaking about their team, Suhas says, “Our team comprises experts hailing from some of the reputed universities and colleges such as IIT Bombay, Stanford University and Technical University of Darmstadt. We also have experts with working experience from NASA”. Explaining to us about some of their past projects, he says, “We have helped a manufacturing company increase production by 5.9 percent through our production planning solution, enabling them to save around 10.8 hours a week. We have also helped a multi-product manufacturing company to reduce the changeover time by 23 percent, which in-turn helped to increase the production by 16 percent”.
“We enjoy the advantage of early access to the premium quality machinery manufacturers where our solutions are being tested and used”
Tvarit, within just 10 months of its inception, raised VC funding from one of the noted investment firms in Germany, which shows its brand image in the industry. The company caters to the needs of the manufacturing firms across the world with specific focus on Germany and India. The company is also witnessing customers from the US and Australia.
We are perfectly positioned to help businesses in terms of decision making by leveraging our industrial AI solutions
use-cases. Speaking about their team, Suhas says, “Our team comprises experts hailing from some of the reputed universities and colleges such as IIT Bombay, Stanford University and Technical University of Darmstadt. We also have experts with working experience from NASA”. Explaining to us about some of their past projects, he says, “We have helped a manufacturing company increase production by 5.9 percent through our production planning solution, enabling them to save around 10.8 hours a week. We have also helped a multi-product manufacturing company to reduce the changeover time by 23 percent, which in-turn helped to increase the production by 16 percent”.
“We enjoy the advantage of early access to the premium quality machinery manufacturers where our solutions are being tested and used”
Tvarit, within just 10 months of its inception, raised VC funding from one of the noted investment firms in Germany, which shows its brand image in the industry. The company caters to the needs of the manufacturing firms across the world with specific focus on Germany and India. The company is also witnessing customers from the US and Australia.
