Pelico

Pelico's business model revolves around providing a software-as-a-service (SaaS) solution. This means they offer their platform on a subscription basis, allowing clients to access their tools and features via the internet. The platform helps clients by reducing turnaround times and improving customer satisfaction through better anticipation of bottlenecks and work-in-progress (WIP) management. For example, Collins Aerospace, a notable client, reported a significant reduction in outstanding work orders after implementing Pelico's solutions.

The company was founded by engineers with backgrounds in both manufacturing and technology, aiming to create hyper-agile and competitive factories. Pelico's team, known as "Pelicans," consists of industry and tech experts who are passionate about empowering factory teams. They focus on making factories more responsive to the increasing volatility caused by changing social, geopolitical, and economic events.

Pelico makes money by charging subscription fees for access to its platform. This recurring revenue model provides a steady income stream and allows the company to continually invest in improving its technology and expanding its features.

In summary, Pelico.ai is a factory operations management platform that helps discrete manufacturers improve agility and resilience in their supply chains. It operates on a SaaS business model, serving clients like Collins Aerospace, and aims to make factories more competitive in a rapidly changing world.