Press release
CIMCON Digital Releases Favorable End-of-Year Results
CIMCON Digital Releases Favorable End-of-Year Results
CIMCON Digital, an AI-led technology company focused on reducing energy and O&M costs and driving sustainability goals for energy-intensive industrial businesses, has released its end-of-year results, demonstrating significant growth and expansion in key areas of its business. CIMCON's VIBit, an AI-driven, vibration-based predictive and prescriptive solution, has helped various companies across industries like pharmaceuticals, cement, tire, automotive, FMCG, and steel move closer to their ambitious net-zero goals to reduce greenhouse gas emissions.
To accelerate adoption and enable cost-sensitive use cases, CIMCON launched MachineAstro, an IOT-in-a-box solution, that includes multiple vibration sensors and temperature, pressure, flow, and energy meters wired to an edge device running AI-based diagnostic software. This solution has received an overwhelming response from machine manufacturers and industrial automation system integrators.
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This year, CIMCON saw several of its existing VIBit customers take the next step in their digital transformation journey by implementing its state-of-the-art edge IIoT platform, CIM, which delivers several unique use cases, including some that involve video analytics.
Continuing with its theme of making digital products affordable, CIMCON also introduced CIM10, a product that allows users to easily connect their entire factory or plant. This helps plant owners identify opportunities for energy efficiency and waste reduction at an enterprise level, ultimately contributing to a more sustainable future and progress toward achieving net-zero goals.
"We are proud that our technologies are helping address approximately one-third of global GHG emissions contributed by energy-intensive industries each year," said Anil Agrawal, CEO of CIMCON Digital. "We are also delighted to see some of our customers making rapid progress towards their sustainability and industry 4.0 goals through our CIM IIoT platform."
The company remains committed to leveraging AI to create a more sustainable industrial world and building on its current momentum going forward.
About CIMCON Digital: CIMCON Digital leverages 35 years of deep domain industrial experience of its parent company, CIMCON Software (I) Pvt. Ltd., to deliver cutting-edge Industry 4.0 solutions that incorporate IoT, artificial intelligence, and machine learning technologies. CIMCON Digital products and solutions help a diverse range of customers across manufacturing, water, oil & gas, among others, meet their net-zero and sustainability goals. The company has a global presence, with offices in the United States and India, and its mission is to create "One Connected Industrial World," making it a leading player in the IoT industry.
For more information on CIMCON's digital transformation solutions, visit cimcondigital.com. For media inquiries, contact Aishwarya Agrawal at ashi@cimcondigital.com or call +91-09512800836.
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CIMCON Digital Postal Addresses:
USA
319 Littleton Rd,
Westford, MA 01886, USA
Tel: (617) 741-9291
E-mail: sales@cimcondigital.com
Website: www.cimcondigital.com
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1106, Time Square, Thaltej-Shilaj Road,
Thaltej, Ahmedabad-380 059
About CIMCON Digital:
Digital has never been as relevant as today as we all become part of a contactless economy. The world is getting more and more connected each day and the benefits of the connected world are immense. CIMCON Digital was spun out as a division of CIMCON Software (I) Pvt. Ltd. with a relentless focus to help facilitate a digital world through our products and solutions. We at CIMCON Digital make it all happen behind the scenes. We believe that technology is just a means and not an end. We have worked hard for 33 years to make technology as seamless as possible so that you the user does not have to see the technology, you only see the outcomes being delivered, be it better customer satisfaction, improved margins, doing more with less…
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