Coovum Smart Systems and Services Pvt Ltd

What Coovum Smart Systems and Services Pvt Ltd does

Coovum Smart Systems and Services Pvt Ltd, operating under the legal entity COO24 Technologies Private Limited, is a Chennai-based Industry 4.0 product company that delivers integrated IoT and AI platforms targeting manufacturing, services, and supply chain organizations. The core platform comprises four interoperable products: Remote Asset Management (RAM) for real-time tracking and condition monitoring of fixed and moving assets using RFID, Barcode, QR, BLE, GPS, and LoRa; a Manufacturing Execution System (MES) for shop-floor automation, predictive maintenance, and end-to-end material traceability; an Enterprise Resource Planning (ERP) suite covering customer, vendor, inventory, order, and delivery management; and a Customer Relationship Management (CRM) module with field-force tracking. A VoiceBot add-on extends the stack into NLP-driven conversational automation.

The underlying technology stack is composed of IoT sensors, wired/wireless edge gateways with proprietary traffic-optimization algorithms, cloud infrastructure, and an AI/ML engine that powers anomaly detection on sensor streams, predictive maintenance via machine-learning analysis of equipment telemetry, and process automation across MES workflows. The platform exposes secured APIs for RAM-to-ERP integration with third-party systems, enabling legacy augmentation rather than full system replacement.

Coovum's commercial model blends subscription-based SaaS (web and mobile applications), hardware sales (sensors, RFID tags, edge gateways), and implementation/consulting services (design, custom development, cloud migration, digitization). The go-to-market is sales-led, combining direct enterprise field sales with an MSME-focused structured four-stage implementation model (Assessment, Solution Design, Implementation, Monitoring and Maintenance), a self-serve SaaS customer portal, and a collaborative partner/retrofit channel. Pricing is tailored per industry with multi-year contracts and no public pricing disclosed. The company operates from a single Chennai headquarters with approximately 20 employees; no funding rounds, customer logos, partnerships, patents, awards, or ownership disclosures are present in the available evidence, leaving material gaps around scale, capital structure, and proof points.

Name

Coovum Smart Systems and Services Pvt Ltd

Legal name

COO24 Technologies Private Limited

Website

https://coovum.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Coovum (legal entity COO24 Technologies Private Limited) is a Chennai-based Industry 4.0 software provider offering integrated IoT and AI platforms — MES, ERP, CRM, and Remote Asset Management — for manufacturing, services, and supply chain organizations.

Ownership category

akta.pro rank

Product category

Industrial IoT Software

NAICS

Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511), Computer Systems Design Services (541512)

SIC

Services-Computer Integrated Systems Design (7373), Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Industrial Automation Software (SCADA, HMI, MES, Historian) (IMAHAHAJ)

akta.pro secondary industries

Asset & Maintenance Management (EAM/CMMS) Platforms (HDAEAEAM), CRM Managed Services & Support (BPAEAGAD)

Keywords

• Industrial IoT solutions
• AI manufacturing software
• Manufacturing execution systems
• Enterprise resource planning
• Supply chain technology

Headquarters

HQ city

Chennai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. IoT and AI Software Platforms: Subscription-based cloud software platforms for MES, ERP, CRM, and Remote Asset Management delivered via web and mobile applications.
2. Hardware Solutions: IoT hardware including sensors, RFID tags, QR codes, BLE, GPS, LoRa devices, and edge gateways sold as part of turnkey solutions.
3. Implementation and Consulting Services: Professional services including design, architecture, custom development, cloud migration, technology upgradation, and digitization services.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Coovum Smart Systems and Services Pvt Ltd provides Industry 4.0 IoT- and AI-based enterprise software platforms—including a Manufacturing Execution System (MES), an Enterprise Resource Planning (ERP) module, a Reliability/Asset Management (RAM) module, a Customer Relationship Management (CRM) module, and a VoiceBot—targeted at micro, small and medium enterprises in manufacturing, services and supply chain operations.

Product overview

Coovum is an Industry 4.0 technology company offering a unified platform of interconnected IoT and AI-powered solutions for manufacturing, services, and supply chain sectors. The product portfolio consists of four integrated core products: Remote Asset Management (RAM) for real-time asset tracking and condition monitoring; Manufacturing Execution System (MES) for shop-floor automation and production optimization; Enterprise Resource Planning (ERP) for integrated business process management including order-to-delivery and multi-chain operations; and Customer Relationship Management (CRM) for sales, presales, delivery, and complaints handling. These products share common technological foundations—IoT sensors, AI/ML analytics, and cloud infrastructure—and can function independently or be integrated with each other and third-party systems via APIs. An additional VoiceBot module provides conversational AI capabilities. Together, the platform enables end-to-end digital transformation of industrial operations from equipment-level monitoring to enterprise-wide resource planning.

Differentiator

Problem solved

Functional benefit

Products and services

• Manufacturing Execution System (MES)
• Enterprise Resource Planning (ERP)
• Reliability/Asset Management (RAM)
• Customer Relationship Management (CRM)
• VoiceBot

Quantifiable outcome

• Reduced downtime through predictive maintenance
• +3 more outcomes

Segments4 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature7 records

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• Siemens MindSphere: Siemens' industrial IoT platform offering asset connectivity, analytics and MES-adjacent capabilities. Comparable to Coovum's industrial IoT and MES stack as a much larger incumbent with deeper global reach.
• Zoho: India-based global SaaS suite including Zoho CRM, Zoho Books/Inventory and Creator for custom apps. Comparable to Coovum's CRM and ERP modules as a broader, well-funded Indian SaaS incumbent.
• PTC ThingWorx: Enterprise industrial IoT platform for connected asset monitoring, predictive maintenance and MES integration. Comparable to Coovum's RAM and MES offerings from a much larger established vendor.
• Honeywell Forge: Industrial performance/IoT platform from Honeywell offering asset health, predictive maintenance and manufacturing analytics. Comparable to Coovum's industrial IoT and analytics stack at the upper end of the market.

Direct peers

• Infinite Uptime: Indian industrial IoT and predictive maintenance vendor serving manufacturing plants. Comparable to Coovum's RAM and predictive maintenance capabilities and similar MSME/manufacturing segment focus in India.
• Detect Technologies: Indian industrial AI/IoT company offering asset monitoring, predictive maintenance, and process automation for heavy industries. Overlaps with Coovum's predictive maintenance and asset tracking offerings.
• Altizon: India-based Industrial IoT platform focused on manufacturing and process industries. Closely comparable to Coovum in targeting shop-floor digitalization with an IoT + AI platform and a similar mid-market/enterprise manufacturing customer base.
• Ramco Systems: India-headquartered ERP and MES vendor with cloud-based offerings. Directly comparable to Coovum's ERP and MES products targeting manufacturing and supply chain verticals, with similar mid-market Indian customer base.
• Tally Solutions: Dominant Indian ERP/business software vendor serving MSMEs. Directly comparable to Coovum's MSME-focused ERP positioning and India-centric GTM.
• Flutura (now part of Accenture Industry X): AI-for-industrial-operations platform with predictive maintenance and asset analytics. Directly comparable to Coovum's AI/ML engine and RAM modules serving industrial customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/coovum

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coovum Smart Systems and Services Pvt Ltd