Star Tribune article features NSF SBIR awardee Vivek Saxena of FactoryTwin

“Once installed, AI can help factories increase profits and revenue by 10% to 20% and cash flow by 50%, said Vivek Saxena, CEO of FactoryTwin in Hopkins, which was founded in 2017 with help from a National Science Foundation grant. Today, it helps small manufacturers imbed AI tools and automate plants.

“It’s cutting-edge technology,” especially for small firms that don’t have large software and engineering staffs like Boeing Airline or Caterpillar, Saxena said. Demand has grown so much the company now has a three-month backlog.

Using AI to anticipate issues, write code
Artificial intelligence — be it the software coding that automates factory robotics or high-speed data analysis — can be built for factories of all sizes, Saxena said.”