2024 has been a pivotal year for TEEPTRAK, solidifying our position as a European leader with increasingly innovative solutions to optimize production processes. Driven by the unwavering dedication of our teams and the trust of our clients, we have achieved significant milestones that will leave a lasting mark on our journey
Innovations at the Core of Our Strategy
Our platform has been enhanced with a second Machine Learning algorithm designed to detect anomalies in real time and predict failures before they occur. This tool specializes in identifying anomalies, delivering significant value in areas such as predictive maintenance, process monitoring, and other scenarios where changes in value, speed, or frequency may indicate potential issues. This anomaly detection and process optimization technology enables teams to identify problems swiftly and implement strategies to improve their processes.
We also took a major step forward by integrating the OPC UA standard into our solutions. This advancement offers enhanced connectivity, optimal security, and unparalleled flexibility for industrial process optimization. With OPC UA now integrated into our PerfTrak solutions, clients benefit from extended connectivity with all OPC UA-compatible machines directly from our platform.
This year, we introduced a new version of our tablet. The TEEPTRAK V3 quickly became a favorite among clients for its robustness, intuitive interface, and advanced connectivity capabilities. On the ground, it has become an essential ally in improving industrial performance while adapting to all environments, even the most demanding ones.
To round out our offering, we launched our brand-new intelligent virtual assistant—an AI-powered chatbot, available by the end of the year! It is equipped to answer all your questions, from resolving technical issues to providing information about our products and services. Available 24/7, this chatbot aims to deliver a smoother, more intuitive, and personalized customer experience.
In parallel, we have continuously innovated to enhance our four core solutions—PaceTrak, ProcessTrak, QualTrak, and MoniTrak. With numerous tailor-made features, we offer a suite of tools designed to optimize every link in your production chain. By adapting our solutions to your specific needs, we support you in your pursuit of operational excellence.
Strengthened International Expansion
Our innovative solutions, adopted by over 120 groups and deployed in more than 360 factories, highlight our expertise in optimizing industrial performance. Building on this success, we aim to expand our presence further in the international industrial performance monitoring market.
With the opening of our Chicago office, we are now present in the world’s three main markets. This milestone marks a new phase in our international growth.
Our ambition doesn’t stop there. We are also strengthening our presence in China by expanding our Shenzhen subsidiary to continue our growth in the Chinese market. This solid foothold enables us to better understand the market’s specificities and provide tailored support to local clients.
New Partnerships for a Promising Future
Our Partnership with TopSolid
During the Global Industrie trade show in Lyon, we announced our collaboration with TopSolid. Committed to supporting their clients in monitoring equipment performance, TopSolid France chose to integrate PerfTrak. This partnership led to the launch of TopSolid’Monitor, a solution allowing their clients to benefit from our performance monitoring and improvement tools, aiming to set a new benchmark in the field.
Our Partnership with SIA Partners
By combining our respective expertise, we offer a comprehensive solution to optimize industrial performance. We provide the data, while SIA Partners leverages it to guide clients through profound transformations in their teams and processes. This partnership allows us to deliver a unique and tailored solution, enabling clients to meet Industry 4.0 challenges and boost competitiveness.
Sustained Growth
The numbers speak for themselves:
Expanded global coverage: Our company has achieved new worldwide coverage, with three operational subsidiaries serving over 120 client groups across 30 countries.
A growing team: Our growth is accelerating, with the addition of ten new team members over the past year, and a goal to expand our workforce with more than 100 new talents by 2027.
Achieving financial stability: For the first time, we have reached our break-even point and are well-equipped to continue developing our solutions and accelerating our growth. With this financial stability, we are ready to push innovation further and offer industrial clients increasingly high-performing solutions.
Fundraising: The confidence of our investors, including Xange, EDF, and our new leading investor SHIFT Invest, has resulted in a €5 million funding round. This investment will enable us to strengthen our presence in the American and Asian markets while expanding our coverage in Europe by opening new offices in the most industrialized countries.
Impact of TEEPTRAK Solutions on Our Clients’ Productivity
Our solutions have proven their efficiency by enabling our clients to achieve substantial productivity gains. They significantly reduce downtime, optimize production cycles, and improve product quality. Additionally, they provide great responsiveness to market changes and contribute to reducing energy consumption as well as environmental impact. Our solutions ensure a return on investment within less than 6 months and deliver a tangible increase in our clients’ productivity.
Our solutions have proven their efficiency by enabling our clients to achieve substantial productivity gains. They significantly reduce downtime, optimize production cycles, and improve product quality. Additionally, they provide great responsiveness to market changes and contribute to reducing energy consumption as well as environmental impact. Our solutions ensure a return on investment within less than 6 months and deliver a tangible increase in our clients’ productivity.
Our Outlook for 2025
At TEEPTRAK, our goal for 2025 is to continue our mission of supporting the digital transformation of manufacturers by implementing new features, integrations, and cutting-edge innovations designed to optimize your production processes. We aim to go even further and continue to position ourselves as a global leader in Industry 4.0 through our increasingly innovative solutions.
We firmly believe that the industry of the future relies on advanced process optimization and intelligent data utilization. We are committed to innovating and growing to address the industrial challenges of tomorrow, positioning ourselves as a key player in industrial optimization.
We would like to thank all of our clients, partners, and employees whose trust and support have allowed us to get this far. Together, we are writing the next chapters of the history of industry, innovating, adapting, and pushing the boundaries of what is possible to make your company an industry leader.
Discover in video the moments that marked our journey this year:
https://www.youtube.com/watch?v=5BZCypEwVkQ
To keep up with TEEPTRAK’s latest news and stay informed about our updates, follow us on LinkedIn or on YouTube.
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