Autosys - Propelling Industries Towards the Next Industrial Revolution

Factory automation or Industry automation is where production and operations in the factory are done with no or least human intervention. Automation can be considered a boon considering the many benefits it brings along with it. Automation besides increasing productivity and accuracy also increases worker safety. Reports also show that ‘smart manufacturing’ which uses IoT connected devices, data analytics, robotics, RPA ( Robotic Process Automation) practices, and machine learning/artificial intelligence will lead to greener factories which is a good news from the environment perspective. Autosys, a Mumbai based startup is helping manufacturers become smart manufactures, by offering industrial automation and industrial data management solutions.

StartupTalky interviewed Autosys founder Aaditya Damani to know how this company is helping factories enter the next level of industrial revolution.

Startup Name Autosys
HeadQuarter Mumbai
Founder/s Name Aaditya Damani
Sector Industrial Automation Space
Founded 2016
Website www.aispl.co
Parent Organization Autosys Industrial Solutions Private Limited

About Autosys and how it works
Autosys - Market and Industry Details
Autosys - Vision and Mission
Founders of Autosys and Team
How was Autosys Started
Autosys - Startup Launch
Autosys - User Acquisition
Autosys - Startup Challenges
Autosys - Competitors
Autosys - Advisors and Mentors
Autosys - Future Plans

About Autosys and How it Works

Autosys manufactures a hardware device called Quad which retrofits into any industrial machinery (regardless of how old or new it is) accumulates various data threads. The data threads are relayed onto Autosys' cloud servers where they have various applications hosted for real-time monitoring, shop floor digitization, maintenance tracking and an Artificial intelligence system that is equipped to perform health analysis of the machines and prediction of production and various maintenance schemas.

Quad is a simple plug and play solution which extracts all the data from the machines through any existing mechanism (if unavailable their in-house hardware is available to do so).

Solutions provides by Autosys' quad are-

  • Production Tracking
  • Human Resource Management & Tracking
  • Automated Machine Maintenance Management
  • Conditional Notifications ( SMS / Email )
  • Safety Measures
  • Machine and part health Diagnosis and management
  • Improvement of OEE and other manufacturing efficiencies.
  • Comprehensive analytics of numerous on-goings on the shop floor.
  • Easy plug and play into any existing ERP system through OPEN API mechanism. Artificial Intelligence based predictive analysis and machine health monitoring.

Autosys - Market and Industry Details

Autosys' target market is the entire manufacturing industry. Autosys has built its platform in a modular fashion which makes it easy to plug and play various customized modules into the mainframe to get started. It can cater to any kind of shop floor. In easier words, Quad accelerates companies towards the next industrial revolution – Industry 4.0 which every competitive shop floor in India will be complied by within the next 5 years.

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Autosys - Vision and Mission

Autosys' mission is to establish a state of the art facility for the development of technologies that enhance the efficiency and productivity of industrial manufacturing. Automation being the future of manufacturing, Autosys aims to provide sophisticated technologies and solutions for various manufacturing problems globally.

Autosys visions to forecast a strong and ever growing footage in industrial automation all over the globe. In an environment where manufacturing competition rises each day, Autosys aims to set a global benchmark on improved efficiency, productivity and quality by developing new products and solutions for every industrial application.

Founders of Autosys and team

Aaditya Damani is the founder of Autosys. Autosys currently have a team of 30 engineers and admin. Whereas by end of this year, Autosys targets to touch a strength of 75 engineers.

How was Autosys Started

Autosys started off as a small project to catch the total operation time on a welding machine, which was a relatively simpler task, as it encompasses into tapping into the current, welding current graph being binary in nature. Eventually it evolved into an actual business once a detailed study was done on the market demand where it was realized that digitization is extremely important in the manufacturing sector and apart from leading ERP systems like SAP/IFS, there is not much work done in this field. Now the problem with any ERP falls back to manual data entry which gives out room for inaccuracy. Autosys believes in realization of true data directly from shop floor with no human interfacing in between.

Autosys - Startup Launch

After completing months of internship with Reliance Jio, was clear about his future goals and that he wanted to work for himself after graduation. He started freelancing and figuring out what to do next. Started off with a project to monitor a welding machine in the final semester of his college and that was pretty much the eureka moment which encouraged him to dig deeper in the industry and identify all the problems which are faced in day to day operations on a shop floor.

The highlight of problems observed by Aaditya were the Lack of awareness, lack of dedication, tons of manual data entries and filling up log sheets. Increased downtime was also present and machines were often down and not catered to, again, because of lack of awareness. Inaccurate data accumulated, redundant analysis, lack of consistent data and unavailability during the need of the hour, they were all the aspects Aaditya noticed needed attention.

AISPL Quad not only solves all the above problems but automates all the business processes on the manufacturing shop floor.

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Autosys - User Acquisition

Autosys uses referrals and cold calling offering to give a free month long trial which has been very beneficial in terms of user acquisition. So far, Autosys have not spent any money on marketing.

Autosys closed the previous year with two marquee customers, Victora Group – One of Industry Leaders in automobile manufacturing space and National Engineering Industries Ltd., CK Birla Group.

Autosys - Startup Challenges

Aaditya recalls the most difficult part being able to convince customers because of the age factor.

"Imagine a 24 year old knocking doors to the management office of a manufacturing company, traditionally family owned businesses, trying to tell them that he can help improve their efficiency – which is generally conceived in a very different way as they have been running the business longer than his age!" says Aaditya, the founder of Autosys.

But persistence, dedication and belief in a strong product never goes wrong. A simple month long trial period clarified on how digitization can not only enhance the entire shop floor performance but create more awareness of the operations ongoing, reduce downtime and saves the hours long data entry jobs!

Autosys - Competitors

There isn't any competition for Autosys, as they are the only product in the market which is fully automated from end to end that required no data entry where so ever using AI on the industrial shop floor in India.

Autosys - Advisors and Mentors

For Autosys, Amit Shah being the first advisor to the company, is followed on by Harin Mehta, Saurabh Saboo and Satbir Singh Banga. Satbir plays a significant role in day to day operations.

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Autosys - Future Plans

Autosys anticipates growth on their revenue and their clients list. They target to grow with double the rate of their growth of last year and innovate more new technologies for Industrial automation.

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About Chayanika Goswami

Chayanika is an MBA in Finance and a trained Digital Marketer. SEO and content writing are her hobbies turned profession. She is a rover. In her free time, she loves traveling and cracking jokes.
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