Data Inventions Raises Funding from CincyTech and NCT Ventures
Summary
Data Inventions, a Cincinnati, OH-based technology company focused on innovating conventional manufacturing, raised a funding round of undisclosed amount.FinSMEs 30/05/2017 CincyTech, NCT Ventures Announce Investment in Data Inventions Industrial Internet of Things Company Enables Machine Shops and Manufacturing Operations to Unlock Untapped Potential May 30, 2017 09:00 AM Eastern Daylight Time CINCINNATI–(BUSINESS WIRE)–CincyTech and NCT Ventures are pleased to announce investment in Data Inventions, a technology company that brings new life to conventional manufacturing.The resulting insights enable midsize manufacturers to take immediate actions to get the most out of their operations, from materials, to the shop floor, to the bottom line.Clement, who began his career in R&D as an engineer with Procter & Gamble, said the inspiration for Data Inventions came from a simple manufacturing plant visit.“It enables midsize factories and operations that are staples in Ohio, the Midwest and so many American communities, to work smarter and compete globally.” According to a 2016 study published by Deloitte, the United States is expected to become the most competitive country for manufacturing by 2020.