Photo - Pzartech
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Pzartech

Pzartech reduces downtime through the visual recognition of

Israel
Market: Chemistry, Other, Artificial Intelligence, Virtual and Augmented Reality, Mobile applications
Stage of the project: Prototype or product is ready

Date of last change: 12.01.2021
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Idea

Using image processing and deep learning technologies, Pzartech develops solutions supporting MRO and production operators of mechanical systems with regular smartphone and tablets.

Current Status

Working with Israel Aerospace Industries and Israel Chemicals (ICL)

Market

- Aerospace
- Chemical

Every field that has complex mechanic and expensive downtime.

Problem or Opportunity

Identification of part number (PN) and serial number (SN) represent a significant loss of time during the production and the maintenance (MRO) processes of complex mechanical systems.

For instance, production or maintenance of an aircraft engine requires to complete extensive inventories of SNs that are time consuming and generate numerous mistakes. Its re-assembly requires to access its documentation through PNs that are fastidious to retrieve.

Solution (product or service)

Using image processing and deep learning technologies, Pzartech develops solutions supporting MRO and production operators of mechanical systems with regular smartphone and tablets.

Competitors

Our competitors are of different kind:
 Companies providing tool for inventory such as CribMaster, Honeywell (voice guided inventory)
 Companies building OCRs (optical character recognition) such as ABBY and MVTec Software GmbH
 An initiative of KLM Engineering with a Dutch university that could give birth to a competing spin-off.

Advantages or differentiators

We heavily use data augmentation

Furthermore
 No prior data required:
Oftentimes, solutions are based on the data of the manufacturer. As many of the manufacturers are not Chinese, Chinese MRO are very dependent on the manufacturer. The ability to lower this dependency is thus precious.

 Complete solution:
This solution is complete including Part Number and Serial Number. Part tracking is on development.
Using image processing and deep learning technologies, Pzartech develops solutions supporting MRO and production operators of mechanical systems with regular smartphone and tablets.

Money will be spent on

International business development and product improvement

Incubation/Acceleration programs accomplishment

- MassChallenge Boston

Won the competition and other awards

 Prix Or of Create@Alibaba Cloud
June 2017
AliBaba Cloud / La Poste / Ametix

 Winner of IoT for Business Challenge Vivatech 2017 in the Supply Chain category
Jun 2017
Cisco France

 Best French Entrepreneur from the Middle-East
Nov 2016
IDATE DigiWorld

 MassChallenge Boston 2016 Finalist
June 2016
MassChallenge Boston

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation