Manage HR Magazine | Thursday, April 21, 2022
Amazon's Industrial Innovation Fund will make investments to support the development of wearable technology that will provide actionable safety data.
Fremont, CA: The workplace is evolving. The way businesses are built and run is changing as more Baby Boomers retire, millennials advance in their careers, and members of Generation Z enter the workforce. As a result, workplaces are becoming more flexible, focusing on employee health, safety, and happiness.
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Companies want to hire more employees who are a good match for the position and keep those contributing the most. They must begin altering their workplace layouts and business practices for these reasons. It involves prioritizing the health and safety of its employees.
Modjoul, a prominent wearables and data analytics startup that provides innovative solutions for improving workplace safety, confirmed that the Amazon Industrial Innovation Fund had completed an investment round. The funding will enable Modjoul's wearable-based solution safeguard employees and give creative new data to assist in the forecast and prevention of occupational injuries.
The Modjoul wearable boosts employee productivity by reminding them of proper body mechanics while executing jobs and delivering feedback as needed; simultaneously, it provides actionable data to safety and health departments via Modjoul's AI-powered software. In addition, Modjoul's wearable-based technology will be able to interface and connect with robotic or automated systems, thanks to the latest financing.
"We are committed to helping companies build work environments where employees are safe and free from injury," commented Eric Martinez, CEO, and Founder of Modjoul. "With the Amazon Industrial Innovation Fund investment, we look forward to bringing dramatic new insights into how workers can avoid injuries by fully harnessing the power of our innovative solutions to enable a safer workplace."
Modjoul's sophisticated industrial IoT service will be able to ingest sensor data and deliver the analytics & decision-making essential to increase safety. Modjoul's comprehensive technology and data analytics products will help firms prevent and eliminate employee injuries by addressing the rising need for a wearable solution that looks at the full body rather than just a specific body component.
Modjoul's objective is to eradicate workplace injuries while making them safer and more efficient. The firm is backed by a worldwide coalition of investors that share the objective to have associates tasks in a safe and productive environment.
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