MUNICH, Jan. 28, 2025 /PRNewswire/ — Banyan Software, a leading acquirer and permanent home for great enterprise software businesses, has acquired FoxInsights GmbH (“FoxInsights”), a market leader in IoT-based remote tank monitoring (RTM) and data-driven asset management solutions for the energy sector.
Founded in 2017, FoxInsights originated from the business incubator of EnBW Energie Baden-Württemberg AG (“EnBW”) and has become a global innovator in real-time insights for off-grid applications. Leveraging advanced IoT technology, scalable data processing, and AI-driven analytics, FoxInsights helps businesses achieve significant efficiency gains, including over 40% improvements in smart logistics.
“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.”
“We are delighted to join the Banyan family, whose long-term commitment and expertise in scaling software businesses …