Factor.E

Factor.E, a Germany-based startup founded in 2015, offers an innovative solution for manufacturers to achieve intelligent digitalization and networking of production equipment through monitoring electrical power usage. The company's FactorE.OS platform serves as a comprehensive shopfloor and energy management solution for manufacturing companies, providing real-time monitoring of production, critical information on performance, energy efficiency, and capacity utilization. Notably, their big data algorithms analyze thousands of events per second, calculate key performance indicators, and identify improvement potentials to ensure production targets are met. What sets Factor.E apart is the seamless integration of energy and shopfloor management in one easy-to-deploy additive IT layer, aligning with daily workflows. As of 29 March 2016, the startup received non-equity assistance in the form of a factor investment from Microsoft Accelerator Berlin, reflecting a promising trajectory in the Analytics, Energy, and Manufacturing industries.