Company Overview
Snapshot
Founded in December 1999, Matics operates with 11–50 employees. The company has raised a total of $20.75 million across 6 funding rounds from 5 investors.
Business overview
Matics provides a digital platform that enhances the efficiency of production teams by integrating people, processes, systems, and machines. Its core offering, the Real-time Operational Intelligence (RtOI) solution, aggregates and analyzes high-resolution data from various manufacturing sources using proprietary algorithms. This customizable platform delivers actionable insights to reduce downtime, increase productivity, and optimize production processes for manufacturers across diverse industries, operating within the Industrial Technologies sector.
Strategic signal
In May 2023, Matics partnered with Smart Lean Mfg to introduce its Industry 4.0 technology to Canadian manufacturers. This collaboration indicates Matics' strategic expansion into new geographic markets and its commitment to advancing digital transformation within the manufacturing sector, signaling strong growth potential and market adoption for its real-time operational intelligence solutions.
Log in to access full profile ›Company Intelligence Q&A
- What is Matics' primary offering?
- Matics offers a Real-time Operational Intelligence (RtOI) solution that connects people, processes, systems, and machines to enhance manufacturing efficiency through real-time data aggregation and analysis.
- When was Matics founded?
- Matics was founded in December 1999.
- Which company did Matics partner with to expand into Canada?
- In May 2023, Matics partnered with Smart Lean Mfg to introduce Industry 4.0 technology to Canadian manufacturers.
- What is the total capital raised by Matics?
- Matics has raised a total of $20.75 million across 6 funding rounds.