Company Name:

ELARA Ingenieros

Incubation Round:

Explore

Application Track:

Track 1

Proposed by:

IDEA75

Data Provider:

IDEA75

Challenge Name:

MONITORING AND MAINTENANCE OF MACHINERY

Product Description

The tangible part of MMPS solution is a predictive maintenance assistive tool. It allows aggregated energy consumption analysis to empower any final user the best exploitation of the available information and enabling the best predictive maintenance plan design. MMPS console is modular and can be customized to any context and objectives, as well as it can be complemented with external data.

Together with process output’ demand patterns forecasts, the dashboards provide plant experts the required insights to support decision-making: annomalies and opportunities detection, KPIs evolution, recommendations… Also, MMPS tool supports plant workers with maintenance recommendations and alarms in real-time.

Reach Timeline

*Expose phase is open to all Experiment phase teams

Location:

Spain

Sector:

Manufacturing / Industry

Website:

www.elara.es

Company maturity:

Scaling in products or markets

Investment level:

Series A

Funding raised:

< 200,000

Collaboration opportunity:

Product development, Marketing, Product testing and revision, Investment

Company Description

ELARA is a company specialized in manufacturing process optimization throught cotinuous improvement methodologies and innovative technologies that support industrial digitalization and predictive analytics solutions. ELARA was born in 2004 and for more than 15 years has work on several industries offering its proprietary MES (Manufacturing Execution System) solution named OPTIME, to provide manufacturing line managers the information to help them understand how current conditions on the plant floor can be optimized to improve production output in real time. In addition, from the beginning of the so-called Industry 4.0, ELARA has maintained a relevant role as disseminator and consultant of the technologies included under the Industry 4.0 umbrella, with special emphasis on data exploitation through SW (business core of the entity). In 2018, with the rise of interest in data related technologies on manufacturing plant floors (traditionally less technology prone than other business units such as logistics or commercial), ELARA established a whole new area dedicated to Industrial Data Analytics. This new area’s main goal is to enrich traditional methodologies to identify and properly define plant floor performance issues, and tackle those issues with new data resources and tool capabilities.

Rafa Zúñiga

CEO and co-founder. Actively participating in event such as Microsoft BI conference and nominated as entrepreneur of the year in Navarre.

Agustín Centelles

Business development manager. Also in charge of the marketing plan. He works on the digital and analytics strategy towards Industry 4.0 of our clients.

Iñigo Navarro

Technical director of Elara. Works as industrial consultant focusing on manufacturing processes improvement and technology solutions and tools.

Natalia Armendariz

Industrial Engineer. Works as Data Scientist and Industrial Consultant on the roadmap towards Industry 4.0.