QualityLine QualityLine נייד

QualityLine's technology analyzes and interprets production data from factories worldwide and optimizes product quality and productiction efficiency by approximately 30% while yielding an average return on investment in 4-7 months for customers (as per clients feedback). Their technology has already been implemented by 100+ manufacturing firms globally.

Type Stocks
Category Tech
Minimum Investment $25,000

The problem: production processes cannot be controlled

Operations managers in the largest companies in the world must deal with blindness regarding the production processes they are responsible for. Every product produced in a factory consists of hundreds of components, and until today, it was not possible to fully control every process in every factory in the world.

This phenomenon exists in every company in the world and every factory. Still, it becomes severe when it comes to sensitive products, such as various safety products, which must leave the factory in extremely high quality. The companies invest immense resources in controlling the plants. Despite this, they receive millions of calls for repairs (Recalls) every year – which negatively affects these companies’ public image and is a real danger to customers.

The solution: data translation using artificial intelligence

QualityLine has developed an innovative and patented concept to solve the lack of control in production. The company’s technology was developed over six years and knows how to collect detailed data from the factories and translate it through the location of the factory – automatically. The company does this for every machine in production plants in the world in the fields of mobility, electronics, and metal.

QualityLine is the “Google Translate” of the production machines in the world – each of them speaks a different language. Still, the company’s development translates them into simple descriptions and clear conclusions on the dedicated dashboards it implements in the factories that work with it.

The result is that production managers in the companies can receive detailed information about each stage of the production process and monitor it to increase efficiency and operating profit.

Customers

The company already has dozens of paying customers, among them the leading companies worldwide, such as Stanley, Black & Decker, Siemens, Emerson, General Electric, Gilat Satellites, and others. These companies adhere to quality control at the highest levels; therefore, they chose QualityLine for maximum control over the production processes in the factories located worldwide.

Another type of customer is the manufacturing plants that provide manufacturing services to companies that have a distinct need to increase production efficiency and quality control in their plants – this is how they increase the profit potential and the percentage of functioning products that leave their plant.

The management team

QualityLine was founded in 2014 by Dr. Eyal Kaufman, who served as the VP of Operations at Mobileye before it was sold to Intel. Dr. Kaufman has more than 25 years of experience as a VP of Operations in large technology companies and knew firsthand the problem of the lack of control in quality control in the manufacturing plants.

The smart solution developed by Dr. Kaufman meets the significant need of company operations managers. It gives them end-to-end control simply and conveniently on dedicated dashboards.

On Kaufman’s side, a team of executives with decades of experience in technology industries spread out in the company’s offices worldwide. The main headquarters of the company is in Kiryat Gat, Israel, and it has 22 employees.

The business models

QualityLine implements its systems in just 4-6 weeks. The company does this remotely, without the need to physically arrive at any stage of its assimilation process. This allows the company to work with any factory in the world without restriction and dramatically expands its growth potential and, accordingly, its profitability potential.

The company’s business model is based on the purchase of an annual SAAS subscription license that is given to every enterprise. In addition, there is a one-time cost when purchasing the system for the initial integration process.

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