![]() “Manufacturers are increasingly embracing digitalization, which relies on high-quality data produced and synthesized on a plant floor,” said Rob Arditi, BVP Forge Partner. “We see a clear and compelling opportunity to help accelerate the company’s success and build on its vision.” “We are very impressed with Parsec’s unique technology, customer impact, and track-record of profitable growth,” said Brian Cramer, BVP Forge Operating Partner. In the recently published Gartner® 2023 Critical Capabilities for Manufacturing Execution Systems, Parsec ranked the highest amongst all included MES vendors in 3 of 4 Gartner Use Cases-Continuous Process Manufacturing, Batch/Repetitive Flow Manufacturing, and Highly Regulated Industries. BVP Forge will also provide Parsec access to the renowned growth IP, talent network, and roadmap insights of Bessemer Venture Partners, which has decades of experience scaling enterprise companies into market leaders. The synergy of Parsec's deep-rooted manufacturing operations management expertise with BVP Forge's considerable resources ignites great excitement for our future.”īVP Forge will bring its business building program, ForgeEdge™, to help Parsec scale its platform, accelerate growth, and maximize customer impact. As an innovation-focused and profitable company, we realized the vast potential of an alliance with BVP Forge to expedite our vision and enhance customer impact. Parsec doesn’t just help businesses reach their goals it helps them redefine what's possible, carving out a path to a more efficient, productive, and sustainable future.Įddy Azad, founder & CEO of Parsec, shared, “TrakSYS's unparalleled functionality and user experience have allowed us to disrupt legacy market products. Among Parsec’s globally-esteemed customers are industry heavyweights such as AB InBev, AkzoNobel, AstraZeneca, Beiersdorf, DuPont, Johnson & Johnson, and Eli Lilly. It serves a variety of sectors, from automotive and chemical to food & beverage, life sciences, and packaged goods. TrakSYS enjoys a trusted position in thousands of factories in more than 100 countries. Its TrakSYS™ software platform demystifies manufacturing operations, providing users with heightened visibility, profound insights, and superior control-indispensable factors for success in their rapidly-evolving industrial landscape. Parsec forms dynamic partnerships with manufacturing entities worldwide, sparking pivotal transformations to boost efficiency and drive their ongoing enhancement goals. To achieve 5G NR status, antennas must operate up to 6 GHz.ANAHEIM, Calif.-( BUSINESS WIRE)-Today, Parsec Automation Corp, a trailblazer in Manufacturing Operations Management (MOM) software, announced a major recapitalization led by BVP Forge, designed to fuel future growth. ![]() ![]() 5G status depends on the operating frequency. While many companies claim 5G status, they have yet to achieve it. Turbocharge your routers and gateways with Parsec antennas today! Contact Us at 1st to 5G You and your customers will have the ability to transmit more information, quicker and more efficiently when you put a Parsec on it! Find our downloadable quick reference Mobile Antenna guide here. Parsec’s many 5G antennas support 4G LTE, 5G NR (FR1), PLTE, LTE LAA, Wi-Fi, and GPS/GNSS. Experience the most robust, best in class antenna technology with superfast speeds. When blazing fast upload and download speeds are important to you and your customers, choose Parsec antennas. ![]() Our premium antennas are the Ferraris of wireless 5G NR for 600MHz to 6GHz communications. Parsec Technologies is the first and ONLY supplier of market available 600 MHz – 6 GHz antennas, 5G NR (FR1) – available today! Parsec has changed the game in antenna technology.
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