Peaxy was founded in 2012 to help companies unlock the value of their industrial IoT data through advanced analytics. The unprecedented growth in both structured and unstructured data across the enterprise has driven a need for applications that leverage machine learning to provide insights — applications such as Peaxy Lifecycle Intelligence, Peaxy Fast Proposal and Peaxy BlueSky. Trusted by customers such as General Electric, the California Energy Commission, APEX Clean Energy, and Avio Aero among others, Peaxy is enabling its users to not only access but generate value from previously inaccessible data.

The industrial IoT space is exploding, which will lead to an even greater volume of unstructured and distributed data available to the world. Recognizing the trends, Peaxy has continually positioned itself at the forefront of the industry to ensure its customers can access all data available to better inform decisions and drive positive business outcomes. To this end, Peaxy launched a new product solution in 2019 called Peaxy Lifecycle for Batteries powering predictive analytics for battery R&D, manufacturing, and field operations. Additionally, the company also deployed new cloud-based digital twins for customers in energy storage (e.g. EoS Energy), defense (e.g. US DoD), and rotating equipment (e.g. Siemens and Saipem Drilling). Peaxy was named to the Inc. 5000 list of Americas Fastest Growing Private Companies for the second consecutive year (#534).