Startup Flutura, located in Bangalore, India, makes an IoT product that captures data streaming from various sensors on machines to analyze their health and predict problems. Derick Jose, co-founder of Flutura, describes its IoT product Cerebra as a “Fitbit for machines.”
The Cerebra platform connects assets used in industries to correlate, analyze, make intelligent predictions and provide actionable insights with the data it receives from the assets to help create smart factories, reports Forbes.
In the U.S., Cerebra IoT Signal Intelligence harvests asset signals for a leading airport reducing millions of dollars in delays; it effected revenue generation of $120 million across the first 3 years for a large Houston-based oil and gas OEM; it optimized vessel speed to minimize Total Fuel Consumption to improve the performance of vessels. This resulted in savings of up to $300,000 per year for large vessels for the largest North American Vessel Classification Society.
