Algoryx has developed a scientific, repeatable method for molding plastic parts that solves a myriad of previously intractable, expensive and time-consuming problems. The Algoryx method statistically determines which single Preditor Dimension in one mold cavity can predict the value of all other dimensions in all other mold cavities. This technology has led to multiple patents world-wide and to Algoryx’s Correlation Master software. Algoryx has over 300 pioneering U.S. patent claims that cover software implementation in addition to the technical algorithms.
Algoryx’s customers have 100% confidence that if they keep the key predictor dimension within the operating limits calculated by Correlation Master, then all dimensions on all parts from all cavities will meet specification. This approach has helped Algoryx’s customers significantly reduce their costs for product development, validation, production and in-process inspection. It has also helped Algoryx’s OEM customers to achieve significant reductions in time-to-market.
Algoryx was incorporated in 2003. Starting with serving the fluids management injection molding market, Algoryx has since expanded into the medical device, electronic and automotive markets. Algoryx has licensed customers in Asia, Europe and North America, including some of the world’s largest tooling companies.
Algoryx continues to pour a significant portion of Algoryx’s revenues into new product development, product upgrades, product diversification and a stronger intellectual property rights portfolio.
