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

$56.4M

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 CMMS allows users to schedule, organize, and track maintenance tasks, aiming to predict and prevent asset failures to minimize downtime. The system includes features like a technician-first mobile app and an Integration Hub for connecting with other applications. Fiix differentiates itself from competitors with its subscription-based model, offering tools such as the Asset Risk Predictor and Parts Forecaster, which provide insights into maintenance needs and inventory management. The company's goal is to enhance operational efficiency and asset reliability for its clients, backed by a strong commitment to customer satisfaction and a high software uptime guarantee.

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Simplify's Take

What believers are saying

  • Fiix's AI-driven solutions reduce downtime and improve asset reliability.
  • The acquisition by Rockwell Automation enhances Fiix's market reach and resources.
  • Growing demand for mobile-first solutions aligns with Fiix's product offerings.

What critics are saying

  • Integration challenges with Rockwell Automation's systems may delay deployments.
  • Leadership changes could lead to strategic shifts or gaps.
  • Rapid AI implementation may face resistance from clients unfamiliar with the technology.

What makes Fiix Software unique

  • Fiix offers a cloud-based CMMS with predictive and prescriptive maintenance capabilities.
  • The company provides a technician-first mobile app for real-time maintenance management.
  • Fiix's Integration Hub allows seamless connectivity with other enterprise systems.

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Funding

Total Funding

$56.4M

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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