Acquisition
GFT Technologies acquires software provider
GFT Technologies has announced the acquisition of the software provider in - integrated information systems. With effect from January 1, 2020, GFT has acquired the Constance-based company with around 40 employees.
With this acquisition, GFT aims to expand its expertise in the areas of store floor transparency and process integration for industrial clients. "in-GmbH is the ideal addition to our industrial portfolio," says Michael Hecker, Director Industry at GFT. "Our growth strategy aims to provide our clients with a complete offering for the implementation of their digitalization strategy. To this end, we want to become even stronger in the horizontal networking of business processes and provide more of our own scalable software products."
The company, which had already entered into a strategic partnership with GFT in summer 2019, will continue to operate independently. Siegfried Wagner, founder of in-GmbH, will continue to act as Managing Director.
The acquisition accelerates GFT's current industrial offensive, builds up further expertise and opens up a new location, it said. The expansion of the portfolio to include IoT and Industry 4.0 solutions is part of a large-scale diversification strategy: the IT service provider, which has already made a name for itself globally as a digitalization partner to the financial industry, wants to expand its customer base in the insurance and industrial sectors. in-GmbH brings numerous large industrial customers with it.
For many industrial companies, the digitalization of their production and business processes with the help of IoT platforms is a key issue. With its cloud-enabled platform solution "sphinx open online", in has a tried-and-tested set of tools in its portfolio. Whether it's status reports from machines, energy consumption in buildings or intralogistics - the platform can be used to network, visualize, control and automate things and data. as
You might also be interested in
ESTIA aims to strengthen Europe's cloud
New tech alliance for EU sovereignty
Twelve companies, including Dassault Systèmes, are founding the European Sovereign Tech Industry Alliance (ESTIA). The initiative aims to strengthen Europe's technological independence and define requirements for sovereign cloud services. The start...
read more...Deutsche Telekom and Nvidia launch one of Europe's largest AI factories
With the Industrial AI Cloud in Munich, Deutsche Telekom and NVIDIA are creating one of the largest AI factories in Europe. Companies can train AI models, carry out simulations and access 10,000 GPUs.
read more...Leveraging data potential with AI and streaming
Huge data treasures are still lying dormant in many manufacturing companies. And yet it is high time that these treasures were unlocked. There is often a lack of resources and capacity to make data usable in real time. Streaming production data can...
read more...More awareness of noise
Dematic offers solutions that are tailored to different cloud environments and reduce environmental impact through reduced material consumption and improved energy efficiency.
read more...Generative AI in the automation environment
The mechanical engineering and automation industry is undergoing profound change. This transformation is being driven by more volatile global trade, geopolitical crises and increasing market pressure, which demands greater agility, technological...
read more...Rigid data structures have had their day
The traditional data center is no longer the center of data. A hybrid cloud storage approach enables manufacturing companies to both meet the current requirements of data-intensive processes and future-proof their infrastructure.
read more...Software as a service in three stages
CIM Database Cloud is a new out-of-the-box solution from Contact for end-to-end digital product development.
read more...How production can benefit from AI
Together with AI technology, IIoT networking makes it possible to better control machine parameters and optimize quality with predictive quality. Downtimes and set-up times can also be further minimized. Cloud platforms also make these technologies...
read more...More expertise for digital engineering
Altair, a computational science and artificial intelligence (AI) company, has acquired OmniV, a technology from Michigan, USA-based software company XLDyn.
read more...