Munich-based Soley GmbH demonstrates how to make better decisions faster, even in complex engineering situations. Soley develops and markets innovative software for engineering analytics. A consortium of business angels, together with High-Tech Gründerfonds, has now invested in Soley GmbH.
Developers need to understand and master large amounts of data and the dependencies of their processes and products more quickly. The amount of information increases with each product and each batch. It costs experts a lot of time and money to collect and process important information, for example, to save costs through modular approaches. Corresponding analyses are error-prone, non-repeatable, and the knowledge involved cannot be easily shared – until now, the right tools have been lacking.
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With Soley, experts can now automate the process of data preparation, analysis, and visualization. The number of potential application areas in which Soley's software is already saving time and money is constantly growing. In asset management, portfolio management, change management, and other application areas, relevant information can be efficiently analyzed and made available for better decision-making.
“With our investors, we have strong partners at our side to continue to successfully bring Engineering Intelligence to the market.”, say Dr. Bergen Helms and Dr. Maximilian Kissel, Managing Directors of Soley GmbH.
Soley relies on semantic graph technology, which allows disparate data to be consolidated within a company. Unlike traditional database queries, Soley users can formulate their analyses using natural language. The results of an analysis can be easily packaged into reusable knowledge modules and shared with colleagues. This enables a new approach to data and expert knowledge within the company. "This innovative technology helps us significantly reduce our decision-making effort," says Dr. Josef Ponn, Project Manager Platforms, JD Electronics & Drives at HILTI. Complex analyses can even be updated at the push of a button during meetings and incorporated into important decisions.
Since the spin-off from the Technical University of Munich (TUM) In 2013, Soley acquired renowned companies as customers, from medium-sized businesses to large corporations in various industries such as automotive, electrical engineering, machine tools, and the packaging industry. Interest in this innovative software technology for automating network analyses is also growing in other sectors, such as logistics, insurance, pharmaceuticals, and media. Networks that can be analyzed with Soley are everywhere. The potential for engineering intelligence is correspondingly high. With the fresh capital, Soley aims to further scalable products and processes, expand its partner network, and acquire new customers.
Dr. Guillem Sague, Senior Investment Manager at High-Tech Gründerfonds:
"We see a great need for intelligence solutions for technical product data. Soley's technology is used precisely at the intersection between PDM systems and business intelligence solutions. That's absolutely right."
About Soley
In 2013, Soley was spun out of the Chair of Product Development at the Technical University of Munich. Its four founders, mechanical engineers and computer scientists, were inspired by the idea of providing engineers with faster access to complex relationships. Soley uniquely combines expertise in innovative software technologies with broad methodological expertise in engineering. With its product range, Soley has since provided solutions for formalizing expert knowledge and making it available at the touch of a button.
Further information and trial versions are available on the website available.
