Zebra Ventures Invests in RFID Software Technology, Funds Secured by Xemelgo
Zebra Ventures Invests in Xemelgo to Boost Cloud-Based RFID Software
Xemelgo's cloud-based RFID software, a leader in the industry, is set to expand its reach into new sectors following an investment from Zebra Ventures, the corporate venture capital arm of Zebra Technologies.
The funding will aid in growing Xemelgo's development team, enhancing its AI capabilities, and scaling its platform for Industry 4.0 environments. This investment aligns with Zebra's focus on digital transformation, as 92% of manufacturers prioritize digital transformation.
Andy Zosel, Senior Vice President and General Manager of Intelligent Automation at Zebra Technologies, views Xemelgo as a clear innovator in smart manufacturing. He stated that the investment complements Zebra's product portfolio and supports Zebra's strategy to accelerate intelligent automation and real-time visibility across industrial operations.
Xemelgo's platform uses AI, cloud technology, and RFID to automate manufacturing. It seamlessly integrates with Zebra's hardware, such as RFID readers and mobile computers, offering turnkey solutions embedded into industrial workflows.
The platform automates tracking of inventory, work orders, and assets, minimizing delays, reducing manual errors, and optimizing factory operations in real time. Regarding real-time visibility, the platform provides unprecedented insight into factory operations by delivering real-time data on inventory, work orders, asset status, and machine health. This enables proactive decision-making, improved traceability, and better synchronization across supply chains and production lines.
For waste reduction, Xemelgo leverages AI-driven analytics on RFID data to identify inefficiencies and optimize resource allocation. This includes reducing downtime through predictive maintenance, minimizing errors, and improving inventory accuracy, all contributing to less material waste and lower operational costs.
The investment also supports Xemelgo's aim to minimize errors, increase efficiency, and reduce waste in connected factories. Rich Rogers, Co-Founder and CEO of Xemelgo, is committed to helping customers achieve greater visibility, efficiency, and accuracy through intelligent automation.
The platform is accessible for mid-sized manufacturers due to its modular, cloud-based, pay-as-you-go model, lowering barriers to RFID adoption. It also supports smarter factory management and compliance with sustainability mandates in Industry 4.0 environments.
In summary, Xemelgo’s cloud-based RFID software enhances manufacturing by automating manual processes, providing real-time operational visibility, and reducing waste through AI-powered insights, thus driving efficiency, traceability, and sustainability in factory environments.
[1] Xemelgo Website: https://www.xemelgo.com/ [2] Zebra Technologies Website: https://www.zebra.com/ [3] Xemelgo Press Release: https://www.xemelgo.com/news/press-releases/ [4] Zebra Technologies Press Release: https://www.zebra.com/us/en/about-zebra/news-and-multimedia/press-releases.html [5] Advanced RFID Software for Manufacturing: A Comprehensive Guide - https://www.xemelgo.com/resources/guides/advanced-rfid-software-for-manufacturing/
- Xemelgo's investment from Zebra Ventures opens opportunities for the venture capital firm to extend their interest in technology based on data-and-cloud-computing and cybersecurity industries.
- As Xemelgo's cloud-based RFID software expands into new sectors, it demonstrates the potential of venture capital in boosting technology-driven entrepreneurship.
- With the investment, Xemelgo aims to further develop its platform's artificial intelligence capabilities for better automation and intelligent automation in manufacturing.
- The collaboration between Zebra Technologies and Xemelgo signifies their shared vision for investing in technology that aligns with the finance industry's emphasis on digital transformation and Industry 4.0 environments.
- Xemelgo's cloud-based software offers significant advantages to mid-sized manufacturers, such as real-estate savings due to its modular, cloud-based model and enhanced sustainability through optimized resource allocation.
- As Xemelgo continues to minimize errors and increase efficiency in manufacturing, it paves the way for venture capital investments in emerging technological advancements, such as real-time data analytics, AI, and the internet of things (IoT).
