Founded in 2017 to commercialize the artificial intelligence (AI) method developed by the group of Dr. Gareth Conduit (co-founder and CTO) at the University of Cambridge for materials, chemicals, drug discovery, and manufacturing processes
The major differentiator is the proprietary combination...
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Wise Systems was founded in 2014; the company has raised roughly USD 73 million in funding to date
Wise Systems develops automated dynamic routing and dispatching software for last-mile delivery with modules for all involved, including planners, dispatchers, drivers, and recipients
The software runs on the company's Dynamic Optimization Engine, which creates vehicle routes and then dynamically updates them to consider real-time conditions
Wise Systems claims differentiation in being able to create these routes in a matter of minutes on a standard laptop using computing power from the cloud
Wise Systems operates on a software-as-a-service (SaaS) model; the company claims to have several customers including Anheuser-Busch, Donaghy, and Maletis Beverage
In July 2021, the company partnered with Mitsubishi Fuso Truck and Bus Corporation, under the umbrella of Daimler Trucks Asia, to take its products to the Japanese market
Given the successful implementations at Anheuser-Busch and Donaghy Sales, and the company's claim of being able to generate vehicle routes in minutes, clients interested in routing solutions for last-mile delivery should engage with Wise Systems to discuss deployment possibilities
Developed the Open Citrination platform, which enables academic researchers to store, structure, and publish open datasets as well as to configure artificial intelligence (AI) algorithms for establishing the structure-property relationship of any given material; develops a proprietary data infrastructure for storing, retrieving, and interpreting materials data with high fidelity and interoperability
Mainly generates revenue via a software-as-a-service (SaaS) model; targets a broad range of industries where chemicals and materials are developed, such as chemicals and materials, automotive, aerospace, and defense
Since the last profile in Q4 2019, the company has launched a new enterprise platform (the Citrine Platform) with stronger features, formed a partnership with Siemens for software collaboration, and claimed 8-fold revenue growth from 2020 to 2021
The company can benefit from the increasing digital transformation activities of chemicals and materials companies for stronger flexibility and adaptivity to handle changing market demands due to megatrends, short-term events, and customer preferences
Clients interested in material informatics should engage with the company for specific materials projects and request a demo to see if Citrine can provide an effective solution; clients should also be aware that others in the space may have capabilities adjacent to Citrine's; for example, Kebotix and IBM offer molecular design and synthesis using generative adversarial networks and lab automation
Launched its Materials Platform for Data Science (MPDS) two years ago; differentiates itself by its data cleanliness; all data are manually extracted from more than 280,000 publications and examined to ensure quality
The company sells its MPDS based on a freemium model; customers have free access to some features, but would have to subscribe for full access; also sells research and consulting services
Recently published work demonstrated the value of its platform through the use of artificial intelligence (AI) tools in linking the structure-property relationship of selected inorganic materials
Existing customers span academic labs, research institutes, and large corporations
Clients in the chemical and materials industry can benefit from accessing its data platform through a subscription