Very: Leveraging IoT to Redefine Manufacturing

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Asset-intensive sectors like manufacturing deal with problems related to delayed product deliveries, inventory loss and thefts, and goods being delivered in poor condition. One of the major reasons for such issues is the inability of many companies to track or monitor their processes, products, and progress. By incorporating IoT-powered solutions, however, many of these problems can be solved. Take, for instance, the story of Interstate Batteries, the country’s leading battery marketing and distribution company. The company initially lacked technology and assets to keep track of car batteries to know their usage and charge status. Generally, if not used within three months, car batteries drain out, which resulted in heavy losses for the company. The IoT development experts at Very rescued Interstate Batteries in this regard by building an IoT-based inventory tracking and management system that enabled Interstate to track goods across their supply chain efficiently. Getting the “whereabouts” of each battery was achieved by a Bluetooth tracker that communicates to a hub and each retail location and transmits the data through the cloud. Unlocking IoT’s greater potential, Very’s innovative approach even enabled Interstate’s drivers to use more fuel-efficient and shorter routes to carry batteries.

Scripting many such success stories, Very sprints to continue delivering ingenious IoT solutions to companies in the manufacturing industry that face trouble accessing and using data on machines. “We help companies retrofit equipment both out in the field and within the manufacturing operation with IoT sensors and capabilities so that they can get access to their data through an ETL pipeline, store it in a cloud environment, and then do the analysis for predictive + preventative maintenance,” said Benjamin Wald, Co-Founder and Head of Client Strategy at Very.

As much as Very excels in software design and development for IoT projects, the company equally excels in hardware design and prototyping, using digital twin technology to do hardware simulation, which in turn, is used to test products in various environments. Very also deals in device management and places great emphasis on security by ensuring well-structured product development and implementation. The company specializes in machine learning and data science to augment their IoT-centric solutions.


We’re very strategic in approaching the processes and defining business and engineering requirements to stay on track, on time, and on budget

Apart from their focus on industrial IoT in the manufacturing sector, Very also develops consumer IoT, mobile applications, and general software products.

What differentiates Very from its competitors is its way of operation that ensures transparency, updating customers at each level of development with all relevant details. To develop a phased product roadmap, Very creates a minimum viable product and then continues to iterate throughout the development process to improve the product. Very understands their clients’ requirements and makes sure to mitigate risks associated with projects and to understand their costs and complexity. “We’re very strategic in approaching the processes and defining business and engineering requirements to stay on track, on time, and onbudget,” says Wald.

Since its inception in 2011 as Spartan Systems, Very has taken an extended journey from developing products for HP, Mozilla, Accenture, and Texas Instruments to launching more than 250 products, and becoming an IoT-specific company. With a 100 percent distributed team of seasoned engineers from all over the United States and Latin America, Very plans to grow its team and resources in the near future. Knowing that the market for IoT in manufacturing is expecting an increase to $40 Billion by 2020, Very continues to expand into the manufacturing space. Being one of the few companies whose major focus was not on funding but on growing sustainably, Very has achieved all of its success without being funded by venture capital.

Company
Very

Headquarters
Chattanooga, Tennessee

Management
Ryan Prosser, CEO

Description
Very is a product development firm that provides expertise in IoT, and machine learning. The company deals in product development, software engineering, and design services. Very finds creative approaches to challenge problems in physical world and building scalable, smart IoT solutions. By focusing on one project at a time, the company help clients reach their product goals

Very