LiLz Inc., a provider of AI and IoT-based equipment inspection solutions for factories and plants, is pleased to announce that it has completed a third-party allocation of shares to Daikin Industries, Ltd. and has raised funds.
Lilz provides solutions that combine fully wireless IoT cameras with AI cloud services to enable remote equipment inspections, automatic reading of analog meters, and detection of equipment anomalies. Through service development closely tailored to the needs of customers, primarily in factories and plants, Lilz is expanding its services across a wide range of industries, accumulating extensive on-site knowledge regarding equipment management and growing its customer base.
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In recent years, factories and plants have been required to address aging equipment and labor shortages, as well as to continuously monitor equipment status to ensure stable operation and efficient equipment management. Through this investment, the two companies will combine their technologies and on-site expertise to develop factory solutions that connect equipment inspections for factory and plant customers with improvements to the operation of air conditioning and heat source equipment, and energy-saving proposals. By continuously identifying on-site challenges and reflecting that knowledge in product and service development, both companies will strive to enhance factory solutions that meet customer needs.
Source: PRTimes


