This article provides an analytical overview of 10 new automation companies contributing to the industry with advanced technologies and applications. These companies bring developments like autonomous robots for manufacturing processes, digital twin-building automation for facility management, and autonomous parcel storage systems for logistics operations. They also offer industrial automation solutions for various sectors and drive progress. Each company exhibits approaches to automation and highlights the growing influence of these technologies across various industries.
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Key Takeaways
Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the automation industry. This sector is marked by key trends and a substantial workforce, shaping its future. 5 days ago, we last updated this report. Notice something that’s not right? Let’s fix it together. Here are some key insights at a glance:
- Latest Automation Trends: The latest trends in automation include advanced robotics, industrial internet of things, digital twin, additive manufacturing, and cloud-native automation
- Automation Industry Statistics: The global automation industry encompasses 156K+ organizations and has a massive 9.1 million workforce. It is experiencing a dip of 0.84% in annual growth rate but has seen the emergence of 12K+ new real estate companies in the past five years.
- 10 New Automation Companies to Watch:
- AGMAH – Industrial Automation Solutions
- Ubyko – Autonomous Robots
- Nephio – 5G Network Automation Platform
- Advanced Robotics – Autonomous Medication Dispensing Robot
- Smart-buildings.io – Digital Twin Building Automation
- Testenium – Meta Computing Platform
- AIRA – Business Automation Solutions
- OmniMod – Autonomous Parcel Storage System
- AI Medical – Automated Image Analysis
- NeuroSense – Legal Workflow Automation Platform
Discover 10 out of 12K+ Emerging Automation Companies
In this article, we highlight 10 new automation companies focusing on AI-based industrial solutions, automated retail warehouses, autonomous medication dispensing, building autonomous systems, and cloud-native platforms. These companies integrate advanced technologies such as AI, robotics, and cloud computing to optimize operations, enhance efficiency, and drive innovation across diverse sectors. Explore their cutting-edge solutions transforming industries and shaping the future of automation.
Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.
1. AGMAH
- Founding Year: 2021
- Employee Range: 2-10
- Location: Netherlands
- Signal Strength: Strong
- What they do: AGMAH develops AI-based industrial automation solutions that consist of SCADA, IoT, and digital twin tools. It offers Smart Node, Smart Supervisor, and Smart Simulator. Smart Node retrofits with existing machines to enhance efficiency and reduce latency by shifting data processing closer to the source of data generation. Smart Supervisor is an intelligent supervisory control platform that remotely controls & (re-) configures machines. Smart Simulator designs factory processes digitally in 3D, accelerates production planning, and optimizes manpower and machine utilization. AGMAH thus enables manufacturing companies with streamlined operations, predictive maintenance, and smart workforce empowerment.
2. Ubyko
- Founding Year: 202
- Employee Range: 2-10
- Location: Spain
- Signal Strength: Very Strong
- What they do: Ubyko automates dark stores and retail warehouses, improving workflow, optimizing space, saving costs, and improving customer service. It provides intelligent nonfulfillment centers for urban spaces. Its street-side ATMs combine software and hardware that enables click-and-collect sales, vending, and overnight load logistics. It also supports remote content management and augmented reality for street-level marketing of digital storefronts. Through proximity, its new system reduces the ecological footprint produced by each package delivered and optimizes the energy resources available in the last mile.
3. Nephio
- Founding Year: 2022
- Employee Range: 11-50
- Location: India
- Signal Strength: Medium
- What they do: Nephio enables Kubernetes-based intent-driven automation for network functions and the underlying infrastructure that supports cloud-native deployments across telecom and cloud service providers. It allows users to express high-level intent and provides intelligent, declarative automation. It sets up the cloud and edge infrastructure and renders initial configurations for the network functions. Further, it delivers those configurations to the right clusters to get the network running. The solution addresses the initial provisioning of the network functions and the underlying cloud infrastructure.
4. Advanced Robotics
- Founding Year: 2020
- Employee Range: 2-10
- Location: USA
- Signal Strength: Very Strong
- What they do: Advanced Robotics offers an autonomous medication dispensing robot, Kaduceo. It improves the quality of care for patients by integrating medication interaction, a patient history database, and an app-based remote pharmacist connection. The robot checks the visual serving for the national drug code (NDC) and patient ID code on the spot before medication dispensing. The company also provides AI-augmented one-to-one patient consultation to protect patients’ privacy and enable clients to automate the delivery process of medical services.
5. Smart-buildings.io
- Founding Year: 2021
- Employee Range: 2-10
- Location: Canada
- Signal Strength: Weak
- What they do: Smart-buildings.io provides building autonomous systems that control various building systems, including HVAC (heating, ventilation, and air conditioning), lighting, security, and access control. It monitors and optimizes energy usage within buildings to reduce costs and environmental impacts. The solution also utilizes data analytics and machine learning algorithms to predict equipment failures and schedule maintenance tasks proactively, reducing downtime and repair costs. It provides services to construction, telecom, and manufacturing companies as well as government agencies.
6. Testenium
- Founding Year: 2019
- Employee Range: 2-10
- Location: UK
- Signal Strength: Medium Strong
- What they do: Testenium facilitates a cloud-native automation platform that offers solutions for software testing, RPA, big data analytics, and encryption services. Leveraging meta-computing capabilities, Testenium streamlines quality assurance processes through testing-as-a-service (TaaS) and encryption-as-a-service (EaaS), ensuring efficient management of test cases and defect tracking for high-quality software products. It caters to businesses of all sizes, from startups to enterprises, and brings cost-effective and operationally efficient solutions to QA automation and software development workflows.
7. AIRA
- Founding Year: 2020
- Employee Range: 11-50
- Location: France
- Signal Strength: Strong
- What they do: AIRA develops advanced AI-driven solutions for enhancing business intelligence and automation across various industries. Its solution, Hyper-Automation, leverages machine learning algorithms to deliver real-time data analytics and actionable insights. It features robust data integration capabilities and enables connectivity with diverse data sources. Its user-friendly interface allows professionals to create customized dashboards for monitoring key performance indicators. AIRA also supports predictive analytics, allowing businesses to anticipate market trends and optimize operations. Beneficiaries of this technology include data analysts, business strategists, and decision-makers.
8. OmniMod
- Founding Year: 2020
- Employee Range: 11-50
- Location: Norway
- Signal Strength: Strong
- What they do: OmniMod is a logistics automation company that provides autonomous storage for sequencing and sorting parcels, which enables secure and optimal logistics for companies of all sizes. Its patented OmniUnit is designed to actuate parcels. By combining multiple OmniUnits, the OmniModule is created — a one-meter square grid with the capability to move parcels in any direction, including rotation. Its software further supports parcel movement through its algorithms for smooth parcel navigation. It also applies multi-agent reinforcement learning-based planning algorithms for adaptable and efficient operations.
9. AI Medical
- Founding Year: 2021
- Employee Range: 2-10
- Location: Switzerland
- Signal Strength: Strong
- What they do: AI Medical develops intelligent automation software for assessments of magnetic resonance follow-up scans called Jazz. Its interactive user interface and built-in AI-based features provide precise lesion detection and description in a minimal amount of reading time for radiologists. Further, it saves a standardized digitalization of the findings in the patient’s own anatomical space with unprecedented quantitative precision. The company provides services like intelligent diagnostic algorithms and personalized treatment recommendations that enable healthcare professionals to make informed decisions and improve patient outcomes.
10. NeuroSense
- Founding Year: 2023
- Employee Range: 2-10
- Location: Germany
- Signal Strength: Medium Strong
- What they do: NeuroSense offers AI-driven solutions to automate and enhance legal workflows. Its LawgicAI platform utilizes self-learning AI pipelines, named Neurons, to automate complex legal tasks such as document drafting, data extraction, and compliance management. The platform’s Axons feature enables the automation of mass litigation processes, e-discovery, and back-office tasks with high precision and efficiency. Neurons integrate with existing tools and systems, ensuring smooth workflow and information flow across departments. Legal professionals, including lawyers and compliance officers, benefit from these advanced solutions.
Quick Tip to Find New Automation Companies
Utilizing a SaaS platform like the Discovery Platform for identifying new automation companies provides significant benefits compared to traditional scouting methods:
- Streamlined Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces your hours of conventional desk research, saving time and resources in identifying automation innovations.
- Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the automation industry. The platform keeps you informed with near real-time updates on emerging automation companies and news, enabling you to make swift and informed decisions.
- Tailored Exploration: Customize your search to focus on specific niches within the automation sector, such as automation software, autonomous robots, or building automation systems. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.
Ready to Explore All New Automation Companies?
We’ve explored the dynamic landscape of the automation industry, examining the latest trends and spotlighting exceptional companies driving innovation. To dive deeper, download our free Industry 4.0 Report or schedule a demo of the Discovery Platform for a customized exploration of these groundbreaking developments. Interested in enhancing our coverage of startups and tech? We value insights from experts like you – reach out!