BUSINESS EXPANSION

ei3 announces next phase of European expansion by completing acquisition of NextIOT

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NEW YORK – April 21, 2020 – ei3 has completed its acquisition of Copenhagen based NextIOT, marking a further expansion of its business operations into 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 the authority in secure manufacturing connectivity and AI solutions serving over 15000 clients in more than 100 countries.

By acquiring NextIOT ei3 is now 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 multilingual growing workforce. The time-proven ei3 solution of guiding OEMs of any size along their journey towards digitization and the practical adoption of IIoT with limited investment and instant ROI remains the same. Recent events have once again proven the value of remote access and remote service, though the full value of IIoT clearly goes beyond that.

ei3 is the best choice for OEMs who want to provide secure remote service and support, which has now become more critical than ever. 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.

"We are happy to complete this acquisition as it brings us closer to our European customer base. Especially in this trying time where the need for properly architected, secure, remote service is so critical.”

ei3 provides an end-to-end IoT solution 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 solution has now been decoupled from the hardware and can be deployed separately. This gives 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."

To learn how ei3 can help you develop your plans for establishing secure remote connectivity or to request a demo of the ei3 solution, please click here.

About ei3 Corporation

ei3 offers a suite of no-code IIoT apps and AI-based solutions for the industrial manufacturing sector. With a focus on enhancing efficiency, sustainability, and cost savings, ei3 enables businesses to achieve predictive outcomes. Printing, Plastics, Packaging, and Commercial Real Estate are some of the company’s key market segments. ei3 is headquartered in New York with offices in Montreal, Tokyo, and Zurich. For more information, please visit www.ei3.com.

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