A cloud-based industrial IoT solution for manufacturers of all sizes that boosts productivity with powerful analytics in a pay-as-you-go package - Improving productivity of the factory in terms of man, machine, and time efforts. Optimizing the factory capacity for production by keeping in mind orders, stock of raw materials, and multiple other factors. - Scrap management - you are too late in the process if you realize that a specific order is producing scrap. UpKip's goal is to identify scrap before the order is launched for manufacturing. - Higher asset utilization. CNC machines have monitoring and control software installed on their monitors and controllers, but one person monitoring one machine is too expensive. UpKip allows for one factory worker (machine operator) to monitor multiple machines. The goal is to increase this load to 10 machines per worker. - Compliance, quality assurance, and reporting of all types of manufacturing KPIs to interest groups (customers, partners, sister/mother/group companies, and owners) to the factory. Certain interest groups nowadays are interested in being more vested in the entire process and understanding their supplier processes for example. Making sure there is traceability in the process is important to make sure quality standards are matched. Nearshore and offshore manufacturing facilities are often faced with daily and real-time reporting.