ATLANTA, GA - 04/19/2018 (PRESS RELEASE JET)
Nordic Industry 4.0 software supplier launches new company brand after successful merger
One year after the acquisition of Swedish Axxos by Danish API Maintenance Systems, the joint company now presents its new company brand, OPTIWARE, which will represent its two optimization software lines API PRO and AXXOS OEE. The company expects that the new name will add clarity, enhance synergies and assist in presenting its combined offering to global industry companies.
Both API and AXXOS had during their 25 years in operation established strong positions within EAM systems (Enterprise Asset Management) and OEE (Overall Equipment Efficiency) respectively and the client list already contained several of the biggest brands in the food & beverages, pharmaceutical, process and manufacturing industries distributed across more than 50 countries. So at the time of the merger, CEO Michael Ries expected that going to market with the unique combination of API and Axxos' software would contribute significantly to the company's ambitious growth targets.
“We wanted to achieve synergies and grow our business from our new, combined offering – but the results have actually exceeded our expectations. And with two strong product brands it also became clear that we needed an overarching name to present to our customers and employees and to claim our position in the world of Industry 4.0”, says Michael Ries, CEO and continues: “We provide optimization software – and the new name tells you just that.”
Meeting the needs of customers
The acquisition of AXXOS took place in a niche market which is experiencing growing demand and by adding the AXXOS OEE-tools and analysis to its portfolio OPTIWARE can offer customers a product mix currently unmatched by even the largest competitors.
"We see an increasing demand in manufacturing industries for full visibility, documentation of efficiency gains and ERP integration - and customers see an advantage in having both their maintenance management and production optimization covered within the same framework. And with our new name we underline our ability to delivering this to our customers" Michael Ries explains.
Facts
person_outline | Full Name: | Peter Schwoerer |
phone | Phone Number: | 1-321-765-7023 |
business_center | Company: | Optiware |
language | Website: | www.optiware.com |
mail_outline | Email: Send Email |