Chennai-based enterprise SaaS startup Detect Technologies expands to South America, Europe

Detect Technologies, the Chennai-based enterprise SaaS startup has announced that it is expanding to South America and Europe, adding that it has strengthened its presence in five key international markets in the last 10 months.

The company is operating in markets like Singapore, the US, Canada, Indonesia, and Middle East and services over 25 large enterprise clients across key segments such as oil and gas, power and renewables petrochemicals, pharmaceuticals, steel, metals, and cement among others.

Detect Technologies was founded by Tarun Mishra, Daniel Raj David, Harikrishnan AS, and Karthik R in 2016. Focused on enhancing overall industrial productivity through real-time intelligent monitoring, the startup has created three flagship solutions.

Moreover, the firm has built deep AI capabilities based on 20+ data sources from large industries over 5 years, which, along with its solutions gives real-time insights allowing companies in order to prohibit possible failure and save thousands of lives in hazardous sectors.

Daniel Raj David, co-founder, Detect Technologies said, “Statistics indicate that an average of $2 million per day is lost due to uncertain industrial downtimes. Detect Technologies’ novel solutions, T-Pulse, Noctua and Gumps have been proven across more than 9 industry segments globally and have helped save nearly $20 million annually on a single site alone.”

Besides, 2020 resulted in a rise in the adoption of industrial automation solutions to improve industrial productivity and output with minimal human interventions. Detect’s expansion into international markets across North America, South America and Europe indicate the increasing momentum for the need for solutions across industries to use data and technology for enhanced decision making.

“The thriving industrial growth in South America and a deep focus on automation at industries in Europe along with the aging of assets are the key reasons that have motivated the leadership at Detect Technologies to look into these key geographies,” said David.

Detect Technologies’ clients include Fortune 500 companies, and the startup is already working with customers such as Tata Steel, Adani Shell, Exxon, BPCL, IOCL, and the Aditya Birla group. Detect Technologies acquired series A funding from Elevation Capital in 2018.