When a factory or warehouse goes down it’s cataclysmic, so it makes sense to pre-emptively invest to make sure that it doesn’t happen. Enter Proaxion led by Eric Murray. Proaxion is a combined hardware/IOT and software solution. The solution starts with hardware. Proaxion has developed a device that you can mount to compressors, motors, fans and other moving hardware, which is the most likely to fail. This device measures the vibrations from these items and feeds the data to the cloud. The software component uses predictive analytics to know when one of the monitored devices is heading to a failure state. Based on this data, the factory operators can repair the soon-to-fail item on their schedule vs. taking down the entire factory/facility.