Quick Algorithm
Quick Algorithm is a deep-tech startup focused on democratizing advanced analytics and Artificial Intelligence (AI) for the industrial sector. Their SaaS platform, Scops, provides a plug-and-play solution for data collection, sharing, and analysis of physical assets and machinery. Scops aims to increase productivity and reduce waste by enabling energy monitoring and predictive maintenance, leading to a 15% improvement in energy efficiency and a 40% reduction in unplanned downtimes. The platform combines an intuitive mobile interface with advanced AI analytics to identify anomalies and trends, making industrial companies smarter and more efficient. Their business model is SaaS, and they are based in Milan, Italy.
Quick Algorithm
Quick Algorithm is a deep-tech startup focused on democratizing advanced analytics and Artificial Intelligence (AI) for the industrial sector. Their SaaS platform, Scops, provides a plug-and-play solution for data collection, sharing, and analysis of physical assets and machinery. Scops aims to increase productivity and reduce waste by enabling energy monitoring and predictive maintenance, leading to a 15% improvement in energy efficiency and a 40% reduction in unplanned downtimes. The platform combines an intuitive mobile interface with advanced AI analytics to identify anomalies and trends, making industrial companies smarter and more efficient. Their business model is SaaS, and they are based in Milan, Italy.
TL;DR
Product: Scops — plug-and-play IoT + AI SaaS for industrial asset monitoring, energy efficiency, and predictive maintenance
Headquarters: Milan, Italy
Founded: 2018
Employees: 16
Total funding (reported): USD 1,580,000 (last recorded round Dec 2023)
Company Overview
Problem Domain
Industrial asset monitoring, energy efficiency, and predictive maintenance
Founded
2018
Industry
Industrial SaaS / Deep-tech
Tech Stack
Funding Track Record
Last recorded funding round reported December 2023
Investor Signal
“Bocconi University; B4i (Bocconi for Innovation)”