Rockwell Automation

AI-based solutions for evolving digital threats

Next-gen Cybersecurity

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 Claroty is an industrial cybersecurity company that provides security across operation technology (OT), Internet of Things (IoT), and industrial IoT (IIoT) corporate assets. The platform provides visibility, threat detection, risk and vulnerability management, and secure remote access for corporate digital infrastructure. The company also operates across Europe, Asia-Pacific, and Latin America with deployments across the world in industries such as energy, consumer products, critical manufacturing, pharmaceuticals, and utilities. Claroty is backed by top industrial automation vendors such as Rockwell Automation, Schneider Electric, and Siemens who are both customers and investors.
 
 
 Key customers and partnerships
 
 
 Since 2020, Claroty has experienced 110% year-over-year (YoY) growth in new customers and maintained 100% customer retention. The company expects 133% YoY growth in annual recurring revenue between H1 2020 and H1 2021. The company also expanded its partner coverage by 50% over 2020 with the additions of companies such as Deloitte, KPMG, PwC, CrowdStrike, Atos, and Yokogawa.
 
 
 In June 2023, Claroty announced an integration with Siemens Healthineers, incorporating the firm&rsquo;s Medigate platform into Healthineers&rsquo; ActSafe healthcare cybersecurity solution to offer healthcare providers deeper visibility into their networks, along with vulnerability and management insights. 
 
 
 Funding and financials
 
 
 Claroty raised USD 400 million in Series E funding, in a round co-led by SoftBank Vision Fund 2, Schneider Electric, and Bessemer Venture Partners that reportedly valued the company at nearly USD 2 billion. Claroty had earmarked most of the funding for the acquisition of healthcare-focused IoT security startup, Medigate. The new funds were also to be used to support Claroty&rsquo;s product development and international expansion. Medigate provides IoT security solutions, such as anomaly detection, to over 1,000 healthcare facilities. Claroty expects this acquisition to help expand its footprint beyond the industrial and manufacturing spaces. 
 
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 Dragos offers cybersecurity solutions for Industrial Control Systems (ICS) and Operational Technology (OT) which allows enterprises to obtain full visibility of their ICS/OT assets, analyze network traffic data, and several other factors to identify malicious behavior across the ICS/OT network. Dragos had a headcount of 362 and operates in the US, UK, Australia, New Zealand, and the Middle East, as of October 2021. The company intends to increase its sales through the channel from 20% to 50% within two years, by partnering with global players including PwC, Atos, Deloitte, and Optiv.
 
 
 Dragos recorded over 100% YoY growth in annual recurring revenue (ARR) for the period ending September 2021 and intends to go public in the long term. The company also saw around 124 electric utility companies partnering with it following the 100-day plan announced by the Biden Administration in April 2021, which is aimed at protecting the US power grid.
 
 
 In June 2021, Dragos partnered with Garland Technology, a network monitoring company providing test access points (TAP) and packet broker solutions to obtain visibility into enterprise networks, including critical infrastructure applications. Output from Garland Technology&rsquo;s TAP and other network visibility solutions will be fed into Dragos&rsquo; ICS/OT cybersecurity platform amplifying its visibility and detection capabilities.
 
 
 In October 2021, the company raised USD 200 million in a Series D funding round co-led by Koch Disruptive Technologies and BlackRock, at a valuation of USD 1.7 billion. The company expects to use the funds to fuel global expansion; penetrate new markets such as electric, oil and gas, chemical, pharmaceutical, food and beverage, water, and manufacturing; train employees; support events, education, and networking opportunities; and expand its Neighborhood Keeper program, in collaboration with the US Department of Energy.
 
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Using data and automation to achieve 24/7 production.

Smart Factory

Elementary Robotics offers full-stack AI camera systems for quality assurance, from motor controls to the API, which apply machine learning and computer vision to help the inspection process. This enables finding defects in real time with the use of deep learning and improves traceability in workflows. Manufacturers can set up inspections in the cloud, and the systems can be traced and trained over time. The company claims that its solution can increase productivity by 50% and make 90% more detections.Key customers and partnershipsHaving made its products commercially available in July 2020, Elementary Robotics has entered multiple contracts with manufacturing companies, such as Toyota and Yamaha, and those in the aerospace, defense, and consumer packaged goods industries.

Generating, collecting, and analyzing enterprise data will never be the same.

Edge Computing

Zededa was founded in 2016 and came out of stealth in 2018 to offer an open edge ecosystem to provide visibility, control, and security when deploying apps remotely on the edge, regardless of the hardware used. The company commercially launched its remote management software in January 2021. The platform allows developers to avoid vendor lock-in and additionally offers support for industries facing more complex edge applications. Moreover, Zededa allows enterprises to mix old and new technology seamlessly, making it for industries like surveillance. The red company has an office in Pune, India, in addition to its headquarters in San Jose, California.In July 2023, the company released a suite of edge application tools including “Edge Access,” which provides access controls and audit tracing for edge deployments. Users can remotely access edge devices from any location at any time without requiring backend configuration or specialized skills.<a href="https://sp-edge.com/updates/24108">In November 2023,</a> the company announced a new service named ZEDEDA Edge Kubernetes Service, offering a fully managed Kubernetes service for distributed edge.Key customers and partnershipsThe company has a substantial customer base, with numerous Fortune 500 enterprises spanning various industries like manufacturing, renewable energy, telecommunications, and healthcare. Prominent clients include Rockwell Automation, Emerson, Agora, and VMware.Zededa collaborates with leading technology firms through its global ZEDEDA marketplace, granting partners direct entry to edge operations teams. This marketplace facilitates swift scalability for customers across thousands of edge devices with one-click deployments, eliminating the need for extensive professional services. Notable partners encompass Microsoft, Suse, Juniper Networks, AWS, Rafay Systems, Aviatrix, Fortinet, and more.Through Zededa's technology partnerships, customers can procure hardware devices and have them shipped directly to their intended destinations. This adaptable approach reduces solution expenses and empowers technology providers to offer optimal value to their clientele. Noteworthy partners in this initiative comprise Dell, Supermicro, HP Enterprise, Equinix, and others.During 2023, Zededa collaborated with Applied Digital in August, a company specializing in advanced digital infrastructure for High-Performance Computing, to use ZEDEDA's management and orchestration software. In May, it also partnered with Avassa, a container management platform tailored for edge environments, to facilitate comprehensive orchestration across the entire stack, ensuring security and visibility from hardware to edge applications.Zededa is also a part of multiple industry consortiums to use edge computing to address emerging issues faced by the energy industry. These collaborations include the OSDU Forum as well as LF Energy and Project Alvarium, which are part of the Linux Foundation (a non-profit group to standardize and support the adoption of Linux). In December 2022, the company extended its partnership with Emerson to integrate its edge application management and orchestration solution into Emerson’s DeltaV automation system. This would in turn enable Emerson’s customers to extend this automation system into the distributed edge.Funding and financialsIn <a href="https://sp-edge.com/updates/26448">February 2024</a>,it raised USD 72 million in a Series C funding round led by Smith Point Capital, with participation from Hillman Company, LDV Partners, Endeavor Catalyst Fund, Juniper Networks, and others. The funds were directed toward expanding sales and marketing endeavors and speeding up R&amp;D.In January 2023, the company announced that it had grown its annual revenue growth by 300%, and nodes under management by 250% over the previous year.

Smart Homes: Energy & Water Solutions

Atom Power is a technology company that has revolutionized the circuit breaker industry by developing the world's first commercial UL-listed solid-state digital circuit breaker. This breakthrough innovation, known as the Atom Switch, utilizes semiconductor technology to control the flow of power digitally instead of relying on mechanical switches. Atom Power's digital circuit breakers offer several advantages over traditional mechanical circuit breakers, including intelligent protection, visibility, and control, enhanced reliability and durability, and superior safety and speed.
Atom Power has leveraged its cutting-edge digital circuit breaker technology to create comprehensive electric vehicle (EV) charging solutions. Their EV charging portfolio includes proprietary Atom EV Level two charging systems, DC Fast Chargers (Level 3), switchgear, on-premise and cloud-based monitoring and control systems, intelligent energy management capabilities, and industry-leading cybersecurity standards. Atom Power's EV charging solutions are designed to cater to various sectors, including workplaces, multi-family residences, and fleets such as company vehicles, trucking, and buses.
In November 2022, Atom Power partnered with Geotab, a global leader in IoT and connected transportation, to deliver the industry's first electric vehicle charging infrastructure integration available through Geotab's fleet management platform, MyGeotab. This collaboration enables fleet managers to access complex fleet analytics and industry-leading EV charging infrastructure through a single dashboard, simplifying the transition to electrification and optimizing operational performance.
Atom Power's innovative technology and EV charging solutions aim to create a new standard for an electrified world that is more reliable, scalable, and secure. The company's digital circuit breakers and EV charging infrastructure provide businesses, governments, and organizations with maximum reliability, visibility, protection, and control over their EV charging portfolios.
In April 2024, Atom Power achieved a significant milestone by receiving Federal Risk and Authorization Management Program (FedRAMP) authorization for its Atom Cloud Software Solution, making it one of the few EV charging companies to receive this certification. This authorization enables Atom Power to provide secure and reliable EV charging infrastructure to US government agencies as they work toward transitioning their fleets to zero-emissions vehicles by 2035.

Next-gen packaging solutions for enhanced product tracking, inspection solutions and freshness monitoring

Smart Packaging Tech

Elementary Robotics is an AI-driven quality assurance platform for manufacturing that uses machine learning-based visual inspection to improve product quality and derive insights from real-time production quality data. Elementary Robotics's visual inspection platform comprehensively identifies and classifies defects, even those not explicitly programmed to be detected. The system leverages remote cameras coupled with Edge and cloud processing to enable manufacturers to remotely access inspection stations, securely manage and update them from anywhere, and collect data from multiple connected devices to understand defect trends and root causes. The platform's capabilities include automating traceability scans and incorporating AI, machine vision, and automation. The system also provides data, insight into operational efficiency, and ongoing support after deployment.Key customers and partnerships&nbsp;As of February 2024, its customers included leading manufacturers like Milwaukee, Yamaha, Toyota, and Rapid Robotics.&nbsp;Funding and financials&nbsp;In December 2021, the company raised USD 30 million in a Series B funding round led by Tiger Global to support customer demand and scale the company's solution globally with existing and new customers.

DataHow AG is a spin-off of ETH Zurich that specializes in data analytics and process modelling for the biopharmaceutical and chemical industries. The company provides digital solutions and consulting services for process monitoring, optimization, and scale-up. Their focus is on reducing effort, risks, and costs in process development while enhancing the understanding of complex manufacturing processes.

Elementary is a full-stack robotics startup that tackles Machine Learning for robotic hardware from the ground up with the goal to create assistive tools to improve the human output of repetitive tasks. Elementary provides easy-to-use software, deep learning AI, and camera systems are built to capture visual data, deliver fast and reliable real-time judgments, and provide lasting value to the business. Elementary builds a hardware and software platform for applying machine learning and computer vision for intelligent automation of quality and traceability workflows in manufacturing and logistics.

Claroty is an industrial cybersecurity company that helps customers reveal, protect, and manage OT, IoT, and IIoT assets. The company provides a platform that connects seamlessly with customers' existing infrastructure and programs while offering a full range of industrial cybersecurity controls for visibility, threat detection, risk, and vulnerability management, and secure remote access with a significantly reduced total cost of ownership.

ZEDEDA is a provider of distributed edge orchestration and virtualization software. It focused on edge virtualization to deliver visibility, control, and protection for distributed edge gateways, applications, and networks at the enterprise edge as a cloud-based service. It was founded in 2016 and is based in San Jose, California, United States.

Infinitum is setting the bar for the next generation of motors to be better for the planet – and for people. Not satisfied with being the most efficient, our goal was to design a motor that opens up sustainable design possibilities for end users by being smaller, lighter, and quieter than conventional motors. A motor that delivers more than exceptional energy savings; a motor that makes a big impact on the world with a smaller carbon footprint across its lifecycle.

READY Robotics builds ForgeOS: the industrial operating system for robotics and automation.  Based on patented technology, ForgeOS enables manufacturers to deploy and manage robots and automation systems with a standardized set of low-code apps.  Perfect for the type of high-mix/low-volume manufacturing that has historically been challenging to automate. READY Robotics was founded on 2016 and is headquartered in Columbus, Ohio.

Dragos is an industrial cybersecurity company on a mission to safeguard civilization by protecting the world’s critical infrastructure.

Atom Power designs and manufactures a suite of intelligent products including a circuit breaker, distribution panel, and software that enables complete control and customization of electrical infrastructure for commercial and industrial applications. Atom Power’s product suite includes a circuit breaker (Atom Switch), distribution panel (Atom Panel), and software (Atom OS) that can intelligently control the flow of electricity to and from buildings and things. It was founded in 2014 and is based in Charlotte, North Carolina.

PTC Inc. is a US-based company that is engaged in developing, marketing, and supporting product lifecycle management (PLM) software solutions and associated services. It is a provider of technology platforms and enterprise applications for smart and connected products, operations, and systems. It serves its products to various industries including manufacturing, publishing, services, government, and life sciences sectors. Currently, PTC employs more than 6,000 professionals and serving more than 28,000 businesses worldwide. It was established in 1985.

FIRST was founded in 1989 to inspire young people's interest and participation in science and technology. Based in Manchester, NH, the 501 (c) (3) not-for-profit public charity designs accessible, innovative programs that motivate young people to pursue education and career opportunities in science, technology, engineering, and math, while building self-confidence, knowledge, and life skills.

SmartCloud, Inc. was founded in 2009 by four veterans of the process control and artificial intelligence industries. Our mission is to become a leading provider of real-time Big Reasoning solutions for mission critical environments and the Industrial Internet-of-Things

Rockwell Automation specializes in industrial automation and information, makes its customers more productive. Rockwell Automation is dedicated to industrial automation and information, makes its customers more productive and the world more sustainable. Throughout the world, their flagship Allen-Bradley and Rockwell Software product brands are recognized for innovation and excellence.

<div> Rockwell Automation, Inc. (NYSE: ROK) is a global leader in industrial automation and digital transformation. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 29,000 people dedicated to serving customers in more than 100 countries. The company operates through three main business segments: Intelligent Devices, Software &amp; Control, and lifecycle Services. Rockwell Automation's products and solutions help connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and sustainable. Rockwell Automation offers a comprehensive range of industrial automation products, including control systems, industrial control components, information software, motor control devices, sensing devices, network technology, safety technology, and industrial security solutions. The company's software portfolio includes manufacturing execution systems, manufacturing operations management software, and industrial internet of things (IIoT) platforms. In fiscal year 2023, Rockwell Automation reported sales of USD 9.058 billion, up 16.7% from the previous year. The company saw strong growth across all business segments and regions, with double-digit organic sales increases in Software &amp; Control (26.1%) and Intelligent Devices (14.6%). Rockwell Automation's annual recurring revenue (ARR), a key metric for its software business, grew 16% year-over-year in fiscal 2023. Rockwell Automation continues to invest in strategic acquisitions and partnerships to expand its capabilities. In November 2023, the company completed the acquisition of Verve Industrial Protection, a cybersecurity software and services provider, to enhance its cybersecurity offerings for customers. Rockwell Automation also acquired Clearpath Robotics to strengthen its autonomous mobile robot capabilities. </div>

Rockwell Automation and Microsoft Deliver on a Shared Vision to Accelerate Industrial Transformation .. microsoft;rockwell automation . partner

Companies that provide robotic fleet management software, robotic automation software, and inspection software.

Companies that provide an industrial IoT platform across factories as the primary offering.

Companies that provide cobots, sorting/ picking robotics, modular production robotics, and microfactories.

Companies that focus on data analytics for operations streamlining and process optimization, and may offer predictive maintenance.

Companies that provide autonomous mobile robots (AMR) or self-driving vehicles (SDV) used in manufacturing/ factory operations.

Companies that monitor the manufacturing equipment and assembly lines.

Companies that provide predictive maintenance as a primary offering. 

Augmenting the mining value chain with technology and automation

Mining Tech

Hardware and software solutions that use technology such as AI/ML, LiDAR, and computer vision to discover sites with mining prospects

Solutions that use data from IoT sensors, site logs, and other data points to provide insights, simulations, and 3D representations of a mining site that can be used to visualize environments and create geological models

Solutions that use AI/ML, geospatial imagery, and even novel approaches such as vibration analysis to provide insights, support predictive maintenance, and help optimize worker productivity, fleet utilization, and other site resources, such as raw material inventory

Solutions to retrofit site vehicles with autonomous hardware and other autonomous and remote-controlled tools that support workflows, such as underground mapping and remote data capture

Providers of devices such as sensors to monitor real-time location and other environmental variables in an underground environment

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PROMINENT_CATEGORY

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 Rockwell Automation has entered into a partnership with Microsoft to create advanced cloud and AI solutions for manufacturing clientele, combining Rockwell's superior industrial automation proficiency with Microsoft's extensive cloud and AI capabilities.
 As part of the partnership, Microsoft's Azure IoT Operations has been integrated with Rockwell's FactoryTalk Optix. This integration allows manufacturers to glean informative insights from shop-floor data. Moreover, Rockwell has rolled out FactoryTalk Design Studio Copilot - a PLC code creation solution powered by Microsoft Azure OpenAI Service. The partnership has also yielded an AI-powered model specifically for Food & Beverage, utilizing Microsoft's Phi-3 small language models.
 Through this collaboration, the partners aim to assist manufacturers in enhancing operational efficiency, curtailing costs, and boosting productivity by merging Rockwell's industrial automation expertise with Microsoft's cloud and AI capabilities.
 
</div> Analyst QuickTake: 
 Over the last year, Rockwell Automation has been steadily expanding the capabilities of its industrial automation platform through integrations with Microsoft, particularly in the realm of AI. <a href="https: 
//sp-edge.com/updates/23243"> Last October </a> , the company integrated Microsoft's Azure OpenAI Service into its FactoryTalk Design Studio. It went on to integrate its edge and cloud solutions, Plex manufacturing execution system (MES) and DataMosaix, its factory data analytics solution, with Microsoft's Cloud for Manufacturing, <a href="https: 
//sp-edge.com/updates/28739"> in April </a> .

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