Knaq
Knaq, Inc.
Knaq, Inc. is a technology startup that has developed an Internet of Things (IoT) platform for monitoring industrial equipment. The company's hardware-enabled SaaS solution uses AI and cloud-based analytics to provide real-time data, predictive maintenance, and alerts, primarily for the vertical transportation industry, helping clients improve equipment uptime and reduce maintenance costs.
Products & Team
Industrial IoT Monitoring Platform
A vertically focused, cloud-native IoT platform that combines non-invasive hardware with a software solution to deliver real-time equipment management. The system sends operational data to a cloud infrastructure that provides live equipment information, outage alerting, and predictive analytics, with a specialized focus on elevators and escalators.
The platform solves the problem of unexpected equipment failure and costly downtime by providing real-time visibility and predictive insights, which allows maintenance teams to shift from reactive repairs to proactive upkeep, thereby improving reliability and customer satisfaction.
Customers face challenges with unexpected equipment downtime, high reactive maintenance costs, a lack of visibility into equipment health, and the difficulty of managing a mixed portfolio of assets from various manufacturers.