Obuu tell us about their aspirations for Data Pitch and beyond.
As manufacturing embraces the ‘smart factory’, the market for big data manufacturing software that can inform and improve operations and business processes is expected to grow into one of the largest opportunities in any industrial category. One area that is ripe for optimisation is stock management, as the cost of excess inventory in manufacturing can be enormous.
Spanish startup Obuu provides stock optimisation solutions to reduce costs and increase efficiency. We spoke to Obuu Co-Founder Nicolás Hornillos about their plans for Data Pitch.
What do you hope to achieve on the Data Pitch accelerator?
We hope to test new capabilities on the technical side, while continuing to develop our business offering and expand into new sectors.
What shared data will you work with and how will you use it?
We are working with Greiner Packaging International GmBH (GPI), who manufacture and market plastic packaging solutions for food and non-food industries, as part of the Smart Manufacturing Challenge (harnessing IoT data for tomorrow’s smart factories).
We will process technical data to obtain analytical results that will help GPI to better plan their maintenance and improve their operational performance. This will help GPI to better plan their preventive maintenance shutdown for production lines.
Why do you think it is important for startups to work with large scale data providers?
Working with large scale data providers enables us to get invaluable feedback and better adapt our solutions to suit the needs of both our current clients, as well as potential new ones.
What’s the best thing about working with data?
Data is always different, so it constantly poses new challenges to structuring, analysing and processing it.
If you could change one thing about the data ecosystem what would it be?
More awareness about why, when and how data should be shared. Data is the future of technology, and sharing data provides many more benefits than not doing so.