How Can Data Decarbonize Factories? (with Lauren Dunford @ Guidewheel)

This is CC Pod - the Climate Capital Podcast. You are receiving this because you have subscribed to our Substack. If you’d like to manage your Climate Capital Substack subscription, click here. Disclaimer: For full disclosure, Guidewheel is a portfolio company at Climate Capital, where Vijay works as a Syndicate Investor and Advisor.CC Pod is not investment advice and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any investment decision.Don’t miss an episode from Climate Capital!Excited for the latest episode of the CC podcast with host Vijay Rajendran and guest speaker Lauren Dunford, Co-founder and CEO of Guidewheel! Discover how Guidewheel's AI-powered factory operations platform revolutionizes productivity and net-zero goals in manufacturing.Guidewheel's innovative technology is designed to unlock productivity and promote sustainability at-scale across factory operations. Using AI and machine learning, Guidewheel's platform enables manufacturers to clip on sensors to their machinery, which can improve productivity by 20% and energy efficiency by 10-15% within a few months.The platform works like a smartwatch for any machine, using a clip-on sensor that monitors the electrical heartbeat of the equipment, turning this data into valuable insights. This technology can track every moment of downtime and predict potential problems with machinery by analyzing the equipment's electrical signature.The platform's AI capabilities can even identify what product is being made from the electrical signature, allowing manufacturers to enhance productivity and achieve net-zero operations.In a world where only about 10% of manufacturing assets are connected to the cloud in real-time, Guidewheel's solution aims to become a game-changer. It offers a scalable approach to digitizing manufacturing operations, regardless of the age, make, or model of the equipment. Every machine uses power, and Guidewheel's sensor can clip onto any machine, bringing it into the cloud and unlocking its potential.The results can be staggering. One factory reported doubling their production (with the same team and machines) within a month of using the Guidewheel system. Despite the challenges posed by the pandemic, Guidewheel rapidly adapted its operations to meet the changing needs of its customers. This included developing a remotely installed system and enhancing its website to provide more information to customers.Guidewheel's innovative technology is not just about improving business operations; it's about making a positive impact on the planet, the economy, and the people who work in manufacturing every day. With their unique AI-powered platform, Guidewheel is well on its way to revolutionizing the manufacturingVisit guidewheel.com to learn more! Get full access to Climate Capital at climatecap.substack.com/subscribe