ioTORQ
ioTORQ is a Vancouver-based company in the Computer Software industry that specializes in industrial software aimed at maximizing cost savings, reducing risk, and improving environmental compliance. The company offers a range of services including Energy & Resource Management, Lean Manufacturing, and Utility Bill Management, utilizing AI and IoT technology for enhanced data analysis and real-time monitoring.
Company Overview
ioTORQ operates in the Computer Software industry, focusing on industrial software solutions. The company aims to maximize cost savings, avoid losses, reduce risk, and improve environmental compliance for its clients. With a headquarters located in Vancouver, BC, Canada, ioTORQ also has a presence in the United States with an office in Chicago, Illinois.
Services Offered
ioTORQ provides a comprehensive suite of services including Energy & Resource Management, Utility Bill Management, Lean Manufacturing, and Corporate Reporting. The company specializes in Lean Manufacturing services and offers Site Auditing services. Additionally, it provides Project Management services and Strategic Advisory services to enhance operational efficiency.
Technological Solutions
The company leverages AI and machine learning algorithms for deep data analysis, production planning, and quality control. It offers Utility Bill Management software and an Energy Management Information System software. ioTORQ also provides real-time dashboards that integrate multiple data sources and utilize IoT technology for advanced connectivity and data collection.
Sustainability Initiatives
ioTORQ has a specialty in manufacturing sustainability and environmental reporting. The company participates in funding programs such as the Green Industrial Facilities and Manufacturing Program (GIFMP) and SaveOnEnergy in Ontario. It partners with organizations like Natural Resources Canada and BC Hydro Power Smart to deliver cost-effective solutions that promote sustainability.
Funding and Partnerships
ioTORQ engages with various government and utility incentive programs to provide funding opportunities for its services. The company offers solutions that can be partially or fully funded by third-party programs, helping clients to manage costs effectively while implementing advanced analytics and real-time data visualization.