Xplain Data Named IDC Innovator for Industrial AI Applications and Solutions, 2024

Munich-based deep tech start-up Xplain Data GmbH has been named an IDC Innovator in the IDC Innovators: “Industrial AI Applications and Solutions, 2024” Report. The report highlights emerging vendors that offer new technology, groundbreaking solutions to existing issues, or innovative business models. Xplain Data is one of three vendors included in the report.

Xplain Data's Causal AI solutions empower businesses to uncover critical, hidden causal relationships within their real-world production data. By autonomously pinpointing the root causes of critical manufacturing anomalies and failures in real-time for quality managers, the technology helps businesses optimize production processes. This results in reduced downtime, less scrap, and increased throughput.

The company's patented ObjectAnalytics data storage system is key to integrating data from all production stages and diverse sources. By structuring data around business objects like the “produced part,” it creates a unified, object-centric view. This holistic approach enables Xplain Data’s Causal AI algorithms to analyze complete output data, providing a comprehensive 360° view for making evidence-based decisions and developing impactful interventions.

Dr. Michael Haft, CEO and Founder of Xplain Data, stated, “Being recognized as an IDC Innovator is a tremendous honor. Our patented technologies and groundbreaking Causal AI methodologies continue to drive industry transformation, enabling organizations to make evidence-based decisions with unprecedented confidence to optimize production processes. We view this recognition as a validation of our decade-long commitment to revolutionizing the way companies extract value from their data.”

The full report (Paywall) can be accessed at IDC.