ei3 announces the completion of its acquisition of Copenhagen based NextIOT, which expands its business operations in the European market. As part of the acquisition, NextIOT is being renamed “ei3 Denmark ApS” and will join ei3’s existing Switzerland-based data science team as ei3’s European operations. Founded in 1999, ei3 is a provider of secure manufacturing connectivity and AI systems around the world.
By acquiring NextIOT, ei3 says it is able to expand its sales and marketing activities to serve the growing number of European clients from an onshore location and support them with a growing multilingual workforce. The company says it will continue guiding OEMs towards digitization and the practical adoption of IIoT with limited investment and instant ROI in the same way as it has previously done. Recent events have shown the value of remote access and remote service, though the full value of IIoT goes beyond that.
“The safety of technicians and plant workers is increased by using remote service,” says Spencer Cramer, Founder and CEO of ei3. “In the coming months, we will be rolling out a new product called Essential that will allow a secure and free method for data collection to enable quick adoption of the IIoT technology.”
ei3 aims to provide an end-to-end IoT system starting from edge device to secure private cloud, to robust web-based apps, to powerful and practical predictive maintenance tools. Earlier this year, ei3 announced that the system was decoupled from the hardware and could be deployed separately. This should give ei3 customers the freedom and flexibility to choose where and how their data is managed.
“We look forward to working closely with our new colleagues in Copenhagen to deliver on the benefits of Industry 4.0 and Artificial Intelligence,” says Dr. Stefan Hild, Managing Director ei3 Europe.