Augmentir Triples Company Revenue and Expands Next Generation Connected Worker Offering Globally

Augmentir achieved 350% revenue growth in 2021 and is accelerating global expansion by appointing a leader in the DACH region.

Horsham, PA March 22, 2022 – Augmentir, the world’s only provider of artificial intelligence-based connected worker software, celebrated a stellar year of product and business momentum during 2021 and projects further acceleration in 2022.

The global disruptions of the past two years have elevated the urgency to address the top challenges faced by the industrial frontline workforce. Rapidly declining tenure rates and increased worker churn have made the lengthy onboarding processes untenable for industrial organizations. The resultant skilled worker shortages have served as a catalyst for work process digitization. The $7.5M in Series A financing raised by Augmentir in the latter part of 2021 positioned the company to expand the breadth of its product and organization to meet the growing needs of the industry.

“We are excited to accelerate our global expansion by appointing a leader in the DACH region to meet our growing prospect and client demand across Europe,” said Carsten Hunfeld, newly appointed Head of Operations in the DACH Region of Augmentir. “Augmentir is committed to equipping our customers with tools that will help them boost worker proficiency and performance. We expect to make a lasting impact on the way workforce management is done.”

Augmentir’s suite of AI-powered connected worker tools helps industrial companies to deliver effective skills management, training, collaboration, and point of work support for today’s more dynamic industrial workforce. Augmentir’s software platform is already being used worldwide by leading industrial companies and organizations, including Colgate-Palmolive, Cisco, Baker Hughes, the U.S. Air Force, and Hunter Industries to digitize and optimize frontline work and deliver significant growth and continuous improvement in the areas of manufacturing, maintenance, service, and quality.

“2021 was a transformative year for Augmentir, during which we achieved 350% revenue growth, increased our customer base by 230%, increased the functional breadth of our platform, and expanded our team internationally,” said Russ Fadel, CEO of Augmentir. “2022 is off to a great start and we are getting significant uptake from clients seeking to use our platform to help get new frontline workers onboarded and productive in 80% less time than traditional approaches. Our patented AI-based Workforce Intelligence capability helps deliver standardized work in an era of highly variable workforces.”

 

About Augmentir

Augmentir™ is the world’s only provider of AI-based connected worker software. Augmentir’s software is a suite of AI-powered connected worker tools that helps industrial companies deliver effective skills management, training, collaboration, and on the job support for today’s more dynamic, more flexible industrial workforce. Companies in manufacturing, service, energy, and construction leverage Augmentir’s AI in conjunction with the platform’s digital workflow and remote collaboration capabilities to optimize their frontline operations and deliver significant growth and continuous improvement in the areas of performance support, training, and workforce development. For more information, please visit www.augmentir.com/.

Augmentir Adds Skills Intelligence to its Smart Connected Worker Suite to Help Close Manufacturing’s Labor Gap

Augmentir’s industry-leading suite of AI-based connected worker tools helps industrial companies combat the labor crisis with smart skills management and frontline productivity tools

Horsham, PA July 28, 2022 – Augmentir, the provider of the world’s only smart connected worker suite, today announced new innovations to its industry-leading solution. The company’s latest product features extend the functionality of its suite of smart connected worker tools with intelligent skills management, allowing companies to build a more skilled workforce while maximizing productivity within frontline operations.

Workforce shortages and shrinking retention rates remain top challenges for industrial operations, according to Deloitte. Today, almost 90% of manufacturers are struggling to fill crucial labor gaps, reporting that their frontline facilities are understaffed as much as 38% of the time. Augmentir’s suite of connected worker tools is designed to help manufacturers more efficiently onboard new workers and reduce the time it takes to get them productive.  Additionally, Augmentir’s Skills Intelligence provides the data and AI-powered insights to help managers make educated staffing decisions, to allocate team members where they can be the most productive. 

“Today’s announcement reinforces why Augmentir is in a category of its own in the competitive world of digital solutions for industrial frontline work,” stated Russ Fadel, CEO and Co-Founder of Augmentir. “Skills management has historically been paper-based and/or siloed solutions that weren’t designed for the level of workforce churn that companies are experiencing today. Additionally, they don’t give a clear and integrated picture of employee skills and their actual work proficiency, making it impossible to intelligently target reskilling and upskilling efforts. Not only does this impact the businesses ability to meet its production goals but it also leaves the worker without a means to grow in their career. These latest product updates deliver data-driven, digitized skills intelligence within a single suite of connected worker tools to help companies close the loop between training and work execution.”

Organizations such as Colgate-Palmolive, Baker Hughes, Hunter Industries, and the US Air Force currently leverage Augmentir’s suite of AI-based connected worker tools to connect, digitize, and optimize their frontline operations. With the addition of skills management and training, Augmentir is extending this value by offering organizations an easy way to visualize and track their workforce skills, while providing digitization and intelligence tools for all processes necessary to support the frontline workforce from hire to retire.

“Augmentir’s skills and certifications dashboard provides invaluable analytics into how effective our training truly is, allowing us to improve overall efficiency,” stated Yunior Murillo, Senior Operations Training Supervisor at Hunter Industries. “This gives us the ability to provide employees training when and where it’s needed on the production floor and intelligently connect it to our automation software and learning management systems.”

Augmentir’s complete lineup of smart features now includes:

  • Skills Management – Allows companies to efficiently track and manage skills for frontline teams, use this information when scheduling and assigning work, and leverage real performance insights to help target reskilling and upskilling
  • Work Execution – Digital workflow tools allow companies to digitize existing paper-based work procedures and SOPs with Augmentir’s no code content creation environment, and leverage data-driven workforce intelligence to deliver individualized worker guidance and support
  • Industrial Collaboration – Provides workers with instant access to subject matter experts for specialized guidance and troubleshooting support using familiar collaboration tools, while offering the company insight into bottlenecks and improvement opportunities
  • Knowledge Management – Provides workers with frictionless access to curated knowledge that was previously fragmented in silos but is now available at the moment of need from a single interface

These capabilities, built on top of Augmentir’s patented “Smart” AI foundation, close the loop between training and work execution to deliver the data and in-line insights necessary to continuously improve operational excellence day-over-day, year-over-year. 

 

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About Augmentir

Augmentir™ is the world’s only Smart Connected Worker suite. Augmentir’s software is a complete suite of connected worker tools that helps industrial companies digitize and optimize processes that support frontline workforces from “hire to retire”. Companies in manufacturing, service, energy, and construction leverage Augmentir’s suite of tools to deliver more intelligent skills management, training, collaboration, and on the job support for today’s more dynamic, more flexible industrial workforce. For more information, please visit www.augmentir.com.