Konektio is a United Kingdom based Information Technology startup that is at the forefront of Industrial IoT (“IIoT”) technology sector. The company's flagship product, AssetMinder, aims to digitally transform the global manufacturing industry by providing smart cloud-based platforms. The company's suite of Software as a Service (SaaS) solutions helps industrial customers in reducing energy/utility costs, tracking and reducing carbon emissions, and monitoring/maintaining equipment effectiveness. With a team boasting decades of experience in the industrial sector, Konektio has successfully served a wide range of industrial manufacturing, processing, and utility customers in the UK, Europe, and the USA. Recently, the company secured a significant £2.10M Venture Round investment on 21 December 2021 from a group of notable investors including Foresight Group, Northern Powerhouse Investment Fund, Tern PLC, and Midlands Engine Investment Fund. This funding will further support Konektio in scaling up its commercial activities, following the launch of two newly developed and upgraded SaaS solutions: Predict for intelligent machine analytics and condition-based monitoring, and Impact for energy efficiency, carbon calculations, and water/air/gas/electricity monitoring in one single platform for use by site managers and C-level executives. In conclusion, Konektio has positioned itself as a key player in the IIoT sector and is set to drive further growth and innovation in the global manufacturing landscape with its innovative solutions and strong financial backing from reputable investors.
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