Paving the way for the the next major step in the FoxInsights journey, parent company EnBW Energie Baden-Württemberg AG has sold the company to Banyan Software, a leading acquirer of successful enterprise software businesses. The partnership opens opportunities to deliver international expansion and technological advancements while strengthening proven capabilities.
A strong partner for long-term success
“FoxInsights has established itself as a trailblazer in IoT-powered metering and analytics, driving efficiency in the energy sector,” said Kay-Ingo Greve, Operating Partner at Banyan Software. “We are excited to support FoxInsights in advancing its solutions and expanding its global impact.”
Til Landwehrmann, founder of FoxInsights, is excited by the opportunity to realise the company’s global ambition: “Since our founding seven years ago, we have worked consistently to shape and lead the remote tank monitoring market in Europe,” said “With Banyan Software as a long-term partner, we can realise our vision of a global presence, open new markets, and strengthen our leadership position.”
Driving efficiency through innovation
“Transparency creates efficiency, and efficiency translates into competitive advantages,” said Dr. Michael Kolb, CTO of FoxInsights. “Our IoT ecosystem combines cutting-edge sensor technology with AI-powered software to automate processes and achieve significant cost savings. With Banyan Software’s support, we will elevate the performance and global scalability of our solutions to a new level.”
Founded in 2017 within the innovation hub of EnBW, FoxInsights has grown into a leading provider of digital IoT solutions. “FoxInsights exemplifies our commitment to fostering sustainable technologies and building innovative companies,” said Jürgen Stein, Chief Innovation Officer at EnBW.
“We are confident that under Banyan Software’s leadership, FoxInsights will continue its success story on an international scale.”
Image provided by FoxInsights