Neokami

Neokami

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DateInvestorsAmountRound

N/A

Convertible
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$1.1m

Seed
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N/A

Acquisition
Total FundingCAD1.5m

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Neokami operates in the Industrial Internet of Things (IIoT) sector, providing comprehensive solutions for digital transformation in industrial settings. The company focuses on extracting valuable data insights from existing equipment, machines, and production lines to enhance business outcomes. Neokami primarily serves industrial companies looking to transition from capital expenditure (CAPEX) to operational expenditure (OPEX) models, offering 'Equipment as a Service' (EaaS) to simplify operations and increase revenue through a pay-per-use sales model. This approach not only optimizes production but also ensures more effective operations by leveraging AI-based analytics for predictive maintenance and preemptive service solutions. Neokami partners with various industries, including mining and heavy industrial markets, to deliver insured business outcomes through dynamic IIoT solutions. The company generates revenue by providing these digital transformation services, which include innovative IIoT technologies, delivery, financing, and insurance, all aimed at achieving key performance indicators (KPIs) for their clients.

Keywords: Industrial IoT, digital transformation, CAPEX to OPEX, Equipment as a Service, data insights, predictive maintenance, AI analytics, insured outcomes, production optimization, pay-per-use model.

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