Talpa Solutions
Talpa Solutions, founded in 2016 in Essen, Germany, provides predictive analytics applications for industries such as mining, construction, and logistics, integrating real-time and historical data to enhance machinery lifespan and operational efficiency.
Company Overview
Talpa Solutions provides predictive analytics applications for fixed and mobile assets in sectors such as mining, construction, and logistics. Founded in Essen, Germany in 2016, the company integrates disparate real-time and historical data onto a scalable, fast-analysis platform. This platform helps prevent unscheduled downtime, extends machinery lifespan, and improves equipment dispatching and planning.
Products and Services
Talpa Solutions offers several key products and services designed for heavy industries. These include an industrial intelligence platform that leverages real-time and historical data from machinery, as well as contextual information like weather and environmental conditions. The talpacortex device provides reliable positioning and data processing for industrial applications. Additionally, Talpa Solutions offers the smartquarry suite to enhance Overall Equipment Effectiveness (OEE) and reduce unnecessary waiting times and spending.
Predictive Analytics Platform
Talpa Solutions' predictive analytics platform uses a combination of real-time and historical data from machinery and equipment to deliver actionable insights. This platform is designed to prevent unscheduled downtime, improve maintenance scheduling, and optimize equipment dispatch. The system also offers anomaly detection, activity recognition, and recommendations based on deep industry knowledge.
Strategic Partnerships
Talpa Solutions has established itself within the heavy industry through strategic partnerships with engineering, manufacturing, and distribution companies. Its business model focuses on collaborations with mining companies and Original Equipment Manufacturers (OEMs), fostering a network that enhances its service offerings and market reach.
Funding and Growth
Talpa Solutions has successfully raised €15 million in a Series B funding round. This financial boost supports its continued growth and development of cutting-edge predictive analytics solutions for the heavy industry. The funding enables the company to further refine its industrial AI and IoT platform, as well as expand its suite of services.