Press release
Digital Transformation Company Hakuna Matata Solutions has raised nearly 1 million dollar from Hardcastle Petrofer Private Limited
Hakuna Matata Solutions has raised nearly 1 million dollar from Hardcastle Petrofer Private Limited
Industrial IoT market is expected to grow at a CAGR of 16.7% from 2021 to 2027 to reach $263.4 billion by 2027 across smart robotics, predictive maintenance, plant maintenance, remote monitoring, logistics & supply chain, inventory management, and production flow management.
Founded in 2006, Hakuna Matata is a leading digital transformation solutions provider for Manufacturing, Distribution & Logistics firms. They currently serve some of the world's leading firms in Manufacturing & Logistics industries.
Hakuna Matata plan on utilizing the funds is to build the digital solutions & frameworks to meet the increasing market needs and scale further. Funds will also be utilized to improve their IIOT product offerings to tap the Industry 4.0 global market.
Despite huge benefits offered by Industry 4.0, IIOT & Digital Transformation adoption by manufacturing companies is still in its nascent stage. Manufacturing companies are finding it difficult to implement Industry 4.0 due to its complexity, multiple systems & technologies and availability of talent. However, COVID is pushing the manufacturing sector to increase focus on digital transformation.
“With the ever-increasing need for digitization & automation for Manufacturing enterprises, we are confident that our partnership with Hardcastle Petrofer will allow us to scale faster, owing to the synergistic skill sets of two firms that are passionate about the application of technology in manufacturing”, Said Mr Gengarajan PV, CEO, Hakuna Matata Solutions.
Hardcastle Petrofer is an unparalleled combine of an Indian Company and a German Company both having served their respective Industries for over half a century. They have made pioneering efforts during their long market presence in the Indian Metal Processing Oils and Chemicals supplying to key Automotive and Engineering Industries. The excellence of its product range is the result of the Company’s philosophy of Customer Focus, continuous improvement, and the dedication of its personnel.
“Investing in Industry 4.0 & IIOT is no-brainer for manufacturing companies as it allows for significant benefits and efficiencies. From our own experience of implementing Industry 4.0 solutions, we know that companies will find great value in adopting this technology sooner than later. Hakuna Matata have demonstrated their deep knowledge in the sector through technology solutions delivered to their customers. I believe, pooling the passion, experience and talents of our Digital Ecosystem Partners together, we will make a powerful combine.” said Mr. Achal Jatia, Chairman, Hardcastle Petrofer Private Limited.
“We are creating a unique Digital Ecosystem for IIoT technologies by investing in a number of potential non-competing Digital Technologies startups. Our investment in Hakuna Matata is an integral part of our Digital Transformation offerings. “ said Mr Rajiv Vermani Director & CEO Digital / Automation, Hardcastle Petrofer Private Limited
No: 51, Ground Floor, Tower C, Rattha Tek Meadows, Near Dollar Bus Stop, Old Mahabalipuram Rd, Sholinganallur, Chennai, Tamil Nadu 600119
Hakuna Matata is a leading digital transformation solutions provider for Manufacturing, Distribution & Logistics firms. They currently serve some of the world's leading firms in Manufacturing & Logistics industries.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Digital Transformation Company Hakuna Matata Solutions has raised nearly 1 million dollar from Hardcastle Petrofer Private Limited here
News-ID: 2513911 • Views: …
More Releases for Hardcastle
Mine Mapping System Market Size in 2023 To 2029 | Mine Vision Systems, Southern …
The "Market Analysis of Mine Mapping System" report presents a thorough evaluation of the market's current state by analyzing various factors. In today's dynamic business environment, extensive market research is vital for making informed product decisions, making this report indispensable. It offers market segmentation, facilitating a clear understanding of product consumption based on type, application, deployment model, end user, and geographical region. By utilizing this report, businesses gain valuable market…
Polymer Quenchants Market SWOT Analysis, Size Comprehensive Analysis, Growth For …
LOS ANGELES, United States: The global Polymer Quenchants market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Polymer Quenchants market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and…
Wire Drawing Oil Market Size, Regional Statistics, CAGR, Trend & Growth Forecast …
LOS ANGELES, United States: The global Wire Drawing Oil market is broadly and deeply studied in the report with key focus on the competitive landscape, regional growth, market segmentation, and market dynamics. We have used latest primary and secondary research techniques for compiling this comprehensive research study. The report offers Porter's Five Forces analysis, PESTLE analysis, competitive analysis, manufacturing cost analysis, revenue and production analysis, and various other types of…
Metalworking Fluids Market and Companies like Italmatch Chemicals S.p.A.; Croda …
Global Metalworking Fluids Market By Category (Synthetic, Semi-Synthetic, Bio-Based, Straight Oil, Mineral, Emulsified), Product Type (Removal Fluids, Protection Fluids, Forming Fluids, Treating Fluids), Application (Neat Cutting Oils, Water Cutting Oils, Corrosion Preventive Oils, Others), End-Use (Metal Fabrication, Transportation Equipment, Machinery, Others), End-Use Industry (Construction, Electrical & Power, Agriculture, Automobile, Aerospace, Rail, Marine, Telecommunications, Healthcare), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast…
Metalworking Fluids Market :- Key Players like Chevron Corporation; Quaker Chemi …
To uncover the general market conditions and tendencies, Metalworking fluids market research report acts as a perfect source. This report helps in planning by providing precise and state-of-the-art information about the consumer’s demands, preferences, attitudes and their changing tastes about the specific product. The Metalworking fluids market report is a window to the Chemical and Materials industry which explains what market definition, classifications, applications, engagements and market trends are. The…
Forging Lubricants Market Distributors Analysis 2018-2028 | Henkel Corporation,C …
Global Forging Lubricants Market: Introduction
Forging lubricants are added to improve the efficiency and productivity of the forging process. Forging lubricants improve the efficiency of the process by reducing friction between dies and work pieces. A typical forging lubricant may comprise demineralized water, graphite, binding agents, stabilizers, thickeners and corrosion inhibitors. Lubrication of dies promotes smooth motion between metal and metal, easy handling and release of the forged part, cooling of…
