December 6, 2023 ThinkIQ Recognized as 2023 Top Tech Startup

ThinkIQ’s innovative platform boosts productivity, sustainability, and safety by delivering actionable insights.

Food Logistics, the only publication exclusively covering the movement of product through the global cold food supply chain, and Supply & Demand Chain Executive, the only publication covering the entire global supply chain, named ThinkIQ a 2023 Top Tech Startup, which spotlights top software and technology startups in the supply chain and logistics space.

ThinkIQ’s distinctive Industry 4.0 Smart Manufacturing Software as a Service (SaaS) platform is expediting the worldwide shift toward manufacturing environments that are safer, more sustainable, and more efficient. ThinkIQ’s innovative platform boosts productivity, sustainability, and safety by delivering actionable insights derived from a combination of internal and external raw data, unveiling unforeseen blind spots. As a result, manufacturers have achieved unparalleled improvements in both yield and quality while simultaneously reducing recall risks, saving costs, and harmonizing their operations.

AI-powered automation retains its top spot from a majority of the winners (46% vs. last year’s 35%), with AI, smart data capture and real-time transportation management trailing behind (41%, 33% and 29%, respectively). Winners range in revenue from $1 million to $20 million-plus, with startups beginning operation as early as 2000.

“Many of today’s startups are poised to disrupt the supply chain space. Whether it’s raising money to improve sustainability, visibility and food safety or empowering companies to enhance the last mile, these startups are putting innovation at the forefront. They’re introducing real-time tracking and carbon footprint solutions and developing robotics and wearables to better move product from Point A to Point B in the safest, most efficient manner,” says Marina Mayer, editor-in-chief of Food Logistics and Supply & Demand Chain Executive. The future of the supply chain industry is now. And, now is the time to shine a spotlight on these startups’ initiatives.”

“We are honored to be recognized by this distinguished award for our accomplishments,” said Doug Lawson, Chief Executive Officer, ThinkIQ. “Our company is dedicated to creating groundbreaking transformation in supply chain management, merging diverse data points within supply chains and unveiling cause-and-effect patterns that genuinely revolutionize the manufacturing process.”

Recipients of this year’s award will also be profiled on FoodLogistics.com and SDCExec.com. Go to https://foodl.me/5z0zecqd to view the full list of Top Tech Startup winners.

To learn more about ThinkIQ, visit our website.

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