Syook: Next generation enterprise IoT platform, ensuring safety, productivity, and compliance at the workplace!

An industrial Internet of Things (IoT) startup, Syook is driving a transformative shift in the way businesses streamline and enhance their operations. The startup has set up a dynamic range of flexible, cost-effective, and structured platforms to help organizations facilitate an effortless transition and expedite the adoption of Industry 4.0. This ensures organizations with compliance, safety, and productivity by offering high-value and digital innovative applications.

Motivated by a collective vision of entering the business world and aligning with the Make in India initiative, Saurabh Sharma, Arjun Nagarajan, and Aman Agarwal laid the foundation of Syook automating businesses with Smart RTLS. In the early stage, the team engaged in brainstorming CRM tools and solutions for the enterprise and manufacturing sector. This helped organizations elevate the overall operational efficiency within, ensuring the safety, productivity, and closely monitoring the workforce compliance.

True to being a pioneering force in the innovation landscape, MeitY-nasscom CoE efficiently aligns enterprise innovation needs with a deep understanding of industry challenges and innovators’ capabilities. As an incubated startup, Syook’s capacity to address challenges was well-known to the CoE and astutely identified the challenge that Maruti encountered. CoE had full confidence on Syook’s ability to solve this challenge with their expertise and innovative solutions. This acknowledgment led CoE to suggest Syook to Maruti, leading to a collaborative dialogue between the two. Together, they conducted a thorough analysis of the issue and assessed the feasibility of the proposed use case.

Syook has successfully executed Proof of Concept (PoC) at Maruti Suzuki’s Manesar PowerTrain facility. This endeavor involved the implementation of Smart Truck Operations, leveraging real-time tracking and monitoring of trucks. As a result, the project effectively enhanced operational efficiency and brought about cost reductions for industrial establishments.

“Syook’s relationship with nasscom has been great. Working with nasscom has led to some exciting opportunities and we look forward to continuing this relationship with nasscom and take it to even newer heights,” said Mr. Saurabh Sharma, Co-Founder and COO of Syook.

What does Syook offer!!

The startup’s flagship product Syook InSite is an IIoT platform that tracks assets in real-time and provides critical inputs for proactive operations management. The no-code IoT platform is highly modular and configurable, which means that the end users can configure their entire use case in no time and deploy the solution with ease. A unique aspect of this solution is that it is completely hardware agnostic, providing integration capabilities for hardware from multiple vendors across geographies. The platform is cloud agnostic and can be hosted on any public cloud service provider or even on an on-prem data center.

Furthermore, they have a comprehensive range of modules such as Connected Worker, Truck-in Truck-out ™, CMMS, Connected Asset and Asset Lifecycle Management. These solutions have been meticulously crafted to enhance operational efficiency across sectors like Manufacturing, Healthcare, EPC, Oil & Gas, Supply Chain, Hospitality, and Retail, empowering them with the capability of visualizing assets seamlessly within a digital map framework.

In terms of growth, the startup has expanded its team to over 75 people and has experienced consistent annual revenue growth of 1.5 times for the past three years. Additionally, the company has extended its presence by setting up offices in Noida, Qatar, and Dubai.

In 2021, Syook raised $1 million in a Series A funding round led by angel investment firm Inflection Point Ventures and ONGC. Founded in 2016, Syook owns a prominent range of customers across industries including Coal India, Railways, Hindustan Unilever, ONGC, Reckitt Benckiser, FIAT, and the Tata Group. The company has established partnerships with industry leaders like Microsoft, Bosch, Accenture, and Tech Mahindra.

In the near future, Syook is eagerly anticipating several exciting developments, including the integration of advanced sensors, the adoption of cutting-edge RF technologies, harnessing the power of camera vision, and forging partnerships with industry leaders such as CISCO and HPE. The team aspires to be among the global leaders in delivering innovative, high-value digital technology solutions for achieving operational excellence.