Ndustrial Partners with Southwire for Enhanced Energy Efficiency in Industrial Operations

Ndustrial Secures Investment to Boost Energy Efficiency

Ndustrial, an innovative AI-driven platform focused on improving energy efficiency in industrial settings, recently announced a strategic investment from Southwire Company, LLC. This development marks an exciting chapter for Ndustrial as it aims to scale its operations and impact.

With over 100 million data points processed daily, Ndustrial has established itself as a leader in energy management and digitization solutions specifically tailored for the food logistics and cold chain sector. The platform's capability to provide real-time insights into energy use and production positions it as the largest implementation of its kind globally. In the past year alone, Ndustrial has deployed its technology across 122 facilities spanning 17 countries, a clear testament to its rapid growth and adoption.

One of the standout features of Ndustrial's platform is its ability to integrate seamlessly with over 60 different industrial data systems, which provides users with access to critical analytics that can drive proactive measures to reduce energy consumption and environmental impact. Jason Massey, CEO of Ndustrial, emphasizes the strategic importance of energy intelligence for industrial leaders, stating, "Energy intelligence is a strategic imperative, and that has driven exceptional growth for our platform in the past year." In his remarks, he highlights how data-driven energy management is revolutionizing operations, enabling companies to translate their sustainability commitments into tangible financial gains.

The move towards sustainability has been further fueled by increasing pressure on industrial operations to mitigate carbon emissions, which are significantly influenced by supply chains responsible for about 60% of total emissions. Ndustrial is addressing this challenge through cutting-edge technology that utilizes AI, machine learning, IoT, and automated systems. More than 400 facilities within 10% of the food supply chain leverage Ndustrial’s technology to not only optimize their production schedules but also to enhance the energy efficiency of their distribution centers. Notably, in the last twelve months, Ndustrial has facilitated the installation of hundreds of energy monitoring devices for its clientele.

Southwire's investment in Ndustrial coincides with the closing of Ndustrial’s Series B funding, following significant investment commitments from co-lead investors including ABB and GS Energy. As part of this strategic alliance, Southwire intends to implement Ndustrial's energy management technology within its manufacturing operations to support its Growing Green initiative aimed at optimizing production while reducing carbon footprints. Moreover, Southwire will play an integral role as a solutions provider for Ndustrial’s electric transport refrigeration units (eTRU), electrifying traditional diesel-powered systems to achieve cost reductions and dramatic emissions cuts.

The emphasis on operational efficiency is echoed by Se Oh, Vice President of Operational Sustainability at Southwire, who states, "Our investment reflects our commitment to advancing solutions that drive efficiency and sustainability. Ndustrial’s platform empowers facilities to streamline production processes and significantly curtail carbon emissions."

This partnership arrives amidst Ndustrial's significant momentum as it gains recognition for its innovative approach to energy management. The company has recently joined the Move to -15°C coalition, advocating for maintaining frozen foods at a recommended temperature to reduce energy consumption and emissions in warehouses. Additionally, Ndustrial has expanded its leadership team and has received accolades for its workplace culture and contributions to sustainability.

Ndustrial's mission revolves around aiding the substantial $60 billion industrial market in combating inflation and climate change by optimizing energy efficiency—a critical metric for production. By aligning production metrics with energy consumption data, Ndustrial facilitates real-time, informed decision-making, leading to cost savings measured at over $100 million for clients such as Lineage, ABB, and W.L. Gore.

In conclusion, Ndustrial's partnership with Southwire not only highlights the growing importance of energy efficiency strategies in industrial operations but also sets a new standard for collaborative efforts seeking sustainable advancements. As these two powerhouses join forces, the potential for enhanced performance and reduced environmental impact becomes a viable reality for the industries they serve.