Southwire Company, LLC, announced that it has made a strategic investment in Ndustrial.Io, Inc., an AI-powered energy intensity platform for industry.
A press release said that Ndustrial is the largest deployment of energy management and digitization solutions in food logistics and cold chain, processing 100 million data points daily. In the last 12 months, the company has deployed its technology in 122 facilities across 17 countries. As the first and only platform to integrate with over 60 different industrial data systems, Ndustrial empowers customers to access critical analytics and proactive suggestions to reduce energy consumption and emissions.
“Our investment in Ndustrial reflects our commitment to advancing solutions that drive both operational efficiency and sustainability,” said Se Oh, Southwire’s vice president, Operational Sustainability. “Their energy management platform empowers industrial facilities to optimize production processes, significantly reducing energy consumption and carbon emissions. We are excited to support Ndustrial as they unlock new opportunities for businesses to enhance performance while contributing to a more sustainable future.”
Using a combination of AI, machine learning, automated devices and IoT technology, Ndustrial is helping more than 400 facilities across more than 10% of the food supply chain do everything from shift production timeframes to minimize costs to optimizing distribution center energy use. The company installed 304 meters, 388 sensors, 47 gateways and 11 edge devices for customers in the past 12 months, empowering companies to make data-driven decisions that optimize energy efficiency and reduce costs.
As a part of its investment, Southwire plans to deploy Ndustrial’s technology at several of its own manufacturing facilities to support its Growing Green initiative to optimize production and reduce carbon emissions. Southwire will also serve as a wire and cable solutions supplier to Ndustrial’s electric transport refrigeration units (eTRU) power infrastructure customers.