AssetWatch

AssetWatch

Proactive maintenance solutions for industrial facilities

About

AssetWatch offers proactive maintenance solutions for industrial facilities through a centralized platform that enables real-time monitoring of critical assets. This helps clients, primarily in manufacturing, energy, and utilities, prevent costly downtime by identifying potential issues before they escalate. The subscription-based model includes a 30-day risk-free trial and provides clients with a dedicated Condition Monitoring Engineer for personalized support. AssetWatch's goal is to enhance operational efficiency and deliver significant savings by improving maintenance strategies.

Company Stage

Series B

Employees

201-500

Industries

Data & Analytics, Industrial & Manufacturing, Energy

Total Funding

$73.6M

Headquarters

Westerville, Ohio

Founded

2014


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Simplify's Take

What believers are saying

  • AssetWatch recently raised $38M in Series B funding to accelerate innovation.
  • Growing demand for remote monitoring solutions boosts AssetWatch's market potential.
  • Advancements in wireless sensor technology enhance AssetWatch's data accuracy and reliability.

What critics are saying

  • Increased competition from emerging startups could erode AssetWatch's market share.
  • Economic downturns may reduce industrial budgets for new maintenance technologies.
  • Potential data privacy concerns could lead to regulatory scrutiny of AssetWatch's solutions.

What makes AssetWatch unique

  • AssetWatch offers a unique combination of predictive analytics and expert prescriptive insights.
  • The company provides a centralized platform for real-time monitoring of critical assets.
  • AssetWatch assigns dedicated Condition Monitoring Engineers for personalized client support.

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Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-3%

2 year growth

-3%

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