Fiix Software

Fiix Software

Cloud-based maintenance management software solutions

About Fiix Software

Simplify's Rating
Why Fiix Software is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Industrial & Manufacturing

Enterprise Software

Company Size

201-500

Company Stage

Series C

Total Funding

$58M

Headquarters

Toronto, Canada

Founded

2008

Overview

Fiix Software provides a cloud-based Computerized Maintenance Management System (CMMS) that helps businesses, particularly in the manufacturing sector, manage their equipment maintenance. The system allows users to schedule, organize, and track maintenance tasks, aiming to predict and prevent asset failures to minimize downtime. Key features include a mobile app for technicians and an Integration Hub for connecting with other applications. Fiix's subscription-based model offers tools like the Asset Risk Predictor and Asset Insights Dashboard, which help clients optimize maintenance and inventory management. Unlike many competitors, Fiix emphasizes customer support, boasting a high satisfaction rate and a strong uptime guarantee. The company's goal is to enhance operational efficiency and asset reliability across various industries.

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Simplify's Take

What believers are saying

  • Fiix's GenAI prescriptive work orders transform predictions into actionable tasks.
  • The subscription-based model aligns with industry trends for predictable revenue streams.
  • Fiix's solutions enhance scalability and reduce IT overhead for manufacturing clients.

What critics are saying

  • Integration challenges with Rockwell Automation's systems may delay feature updates.
  • Leadership changes could lead to strategic shifts affecting company performance.
  • Cultural integration issues post-acquisition may impact employee morale and productivity.

What makes Fiix Software unique

  • Fiix offers a cloud-based CMMS with AI-driven predictive maintenance capabilities.
  • The company provides a technician-first mobile app for on-the-go maintenance management.
  • Fiix's Integration Hub allows seamless connectivity with other applications and systems.

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Funding

Total Funding

$58M

Below

Industry Average

Funded Over

4 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$40M
Fiix Software
$50M
Medium
$62M
SeatGeek
$100M
Oura

Benefits

Competitive compensation

Extended health benefits

Vacation and flex hours

Pregnancy/parental leave top up

Community volunteering

Education and continuous learning

Diversity and inclusion

Global mobility

Retirement planning

Gym membership credit

A remote-first workplace

Company News

PR Newswire
Jun 12th, 2024
Fiix By Rockwell Automation Kündigt Branchenführende Genai-Basierte Arbeitsanweisungen An

Fiix Prescriptive Maintenance ist Bestandteil des Fiix Asset Risk Predictor und verwandelt Prognosen zum Anlagenzustand in umsetzbare Arbeitsaufträge. BRÜSSEL, 12. Juni 2024 /PRNewswire/ -- Rockwell Automation, Inc. (NYSE: ROK), das weltweit größte Unternehmen für industrielle Automatisierung und digitale Transformation, freut sich, die Software Fiix Asset Risk Predictor um hochmoderne, generative künstliche Intelligenz (GenAI) für präskriptive Arbeitsaufträge zu erweitern und damit die erste vollständige Lösung zu bieten, die Herstellern über Predictive und Pescriptive Maintenance hilft, ungeplante Ausfallzeiten zu vermeiden. Die leistungsstarke KI von Fiix Asset Risk Predictor kann in nur zwei Wochen eingerichtet werden und Anlagenausfälle Tage im Voraus vorhersagen. Mit der Ergänzung durch Fiix Prescriptive Maintenance verfügt die Software nun über GenAI-Funktionen, die Fehlervorhersagen in detaillierte, umsetzbare Arbeitsaufträge für Wartungsteams umwandeln

PR Newswire
May 2nd, 2024
Fiix By Rockwell Automation Announces Industry-Leading Genai Prescriptive Work Orders

Included in Fiix Asset Risk Predictor, Fiix Prescriptive Maintenance transforms asset health predictions into actionable work orders BRUSSELS, May 2, 2024 /PRNewswire/ -- Rockwell Automation, Inc. (NYSE: ROK), the world's largest company dedicated to industrial automation and digital transformation, is excited to add cutting-edge, generative artificial intelligence (GenAI) prescriptive work orders to Fiix Asset Risk Predictor software, creating the first complete predictive and prescriptive maintenance solution to help manufacturers eliminate unplanned downtime. Fiix Asset Risk Predictor’s powerful AI can be set up in as little as two weeks and starts predicting asset failures days in advance. With the addition of Fiix Prescriptive Maintenance, it now features GenAI capabilities that transform failure predictions into detailed, actionable work orders for maintenance teams. Fiix Asset Risk Predictor's powerful AI can be set up in as little as two weeks and starts predicting asset failures days in advance. With the addition of Fiix Prescriptive Maintenance, it now features GenAI capabilities that transform failure predictions into detailed, actionable work orders for maintenance teams.Work orders are generated using asset data, completed work orders and trusted maintenance sources

Control Engineering
Oct 27th, 2023
Fiix by Rockwell Automation Upgrades Predictive Maintenance Software

Rockwell Automation and Fiix released an ai-powered predictive maintenance solution suite, intended to upgrade the existing CMMS software portfolio and reduce commissioning time for failure prevention.

Cision
Oct 27th, 2023
Fiix By Rockwell Automation Announces Its First Artificial Intelligence Predictive Maintenance Software, Asset Risk Predictor

Fiix by Rockwell Automation Announces Its First Artificial Intelligence Predictive Maintenance Software, Asset Risk Predictor. .

Weever Apps
Jul 28th, 2022
Weever Apps Inc. hires James Novak as board of directors

James Novak, Former CEO of Fiix Inc., has been named to the board of directors at Weever, the leading cloud-based pioneer in the fast-growing Manufacturing Operations Digitization space.

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