Chesterfield, 13th January 2020: InVMA Limited (“InVMA”), are pleased to announce they have secured an initial order commitment worth £817,000 over a two-year period to provide its AssetMinder® solution to a global, multi-billion Euro revenue supplier to the industrial and construction sectors (the “Supplier”).

This represents the start of a global partnership between the Supplier and InVMA, which will see AssetMinder® deployed into the Industrial Internet of Things (“IIoT”) sector. InVMA will enable the Supplier to deliver a condition-monitoring offering for the smart manufacturing and process industries, IIoT sensor, and other asset management that incorporates predictive analytics to  maximise uptime and productivity.

The Supplier values the simplicity and flexibility of the AssetMinder® solution built on ThingWorx® and the new agreement provides a new and exciting development partner and sales channel for InVMA and will extend InVMA’s support services.

Jon HillInVMA’s Business Development Director

InVMA is a pioneer in the digital transformation arena and this order commitment highlights the level of acceptance that its AssetMinder® solution has gained within the industry. This is a significant strategic relationship and provides a foundation to expand the capabilities of the Supplier's IIoT product portfolio.

Bruce LeithInVMA Chairman and Tern director

About InVMA

InVMA help companies, organisations and people prosper from the convergence of the digital and physical worlds.

We provide IoT products and build bespoke solutions to enable our customers to disrupt their market, find new revenue streams and reduce their operating costs quickly and with low risk.