Praemo is a Canada-based Information Technology startup founded in 2017. The company's slogan, "A new approach that makes industrial machine learning a competitive advantage for industrial operations," encapsulates its mission to revolutionize industrial operations through innovative machine learning solutions. Praemo addresses the limitations of traditional data visibility and business intelligence by offering the Praemo Razor™ engine, which leverages existing data from various manufacturing systems to provide actionable insights for continuous improvement. Despite the challenges in conventional machine learning solutions for industrial operations, Praemo's approach stands out as a potential game-changer. The company's recent Venture Round investment at 01 January 2020 by BDC Venture Capital signifies the confidence of investors in Praemo's vision and technology. Praemo's ability to deliver predictive maintenance, predictive quality, and continuous process optimization without the need for a dedicated data science team positions it as a compelling investment opportunity. Praemo's innovative approach to industrial machine learning presents a significant opportunity for competitive advantage and performance enhancement in the industrial sector. With its recent investment, the company is well-positioned to further develop and scale its transformative solutions, making it a noteworthy prospect for venture capital firms seeking to invest in disruptive technologies with the potential to reshape industrial operations.
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