Planon, which provides real estate and facility management software, has announced the acquisition of Axonize, the Israel-based developer of a cloud-based IoT platform.
Planon noted that this acquisition strengthens the firm’s position in the smart building systems market.
The firm also said that Axonize complements Planon’s “Open Platform” approach by providing out-of-the-box connections with smart devices and data sources across a number of vendors. Additionally, the acquisition supports Planon’s strategic partnership with Schneider Electric and other strategic technology partners, enabling the provision of digital twins and enhancing insight into asset and building performance.
“Digitalization around buildings and facility services will only continue to accelerate over the years to come,” said Pierre Guelen, CEO of Planon. “Availability and secure access to reliable behavioral data is a key prerequisite for our customers in their digitization, automation and sustainability initiatives.”
“We look forward to this next step in our journey, and we strongly believe that Planon will provide a great home for our customers, employees and technology,” said Janiv Ratson, CEO of Axonize. “We expect the growth of digital transformation in smart enterprises to be exponential. I’m confident that together we can successfully grow the entire notion of smart buildings, as well as smart business across the globe.”
Axonize has developed a no-code IoT platform for smart enterprises that facilitates the connection, monitoring, and control of an unlimited number of devices, data sources and systems, as well as the analysing of data streams from multiple devices and sources. Axonize is provided as a Software as a Service (SaaS) offering.
Last year, energy management and automation company Schneider Electric had announced a strategic minority investment in Planon.
Schneider Electric and Planon will jointly collaborate on innovation to deliver a suite of software and services to digitize the building lifecycle for both existing and new buildings. This will improve building sustainability, operational efficiency, and wellbeing for multiple customers in the government, education, real estate, healthcare, finance, data centers and insurance sectors.
The joint offering will help building owners and facilities managers mitigate the risk of occupant complaints by proactively addressing potential issues before they arise, The new solutions will also optimize space management at the enterprise portfolio level and enabling businesses to meet the emerging compliance standards, and will improve the safety and comfort of occupants by monitoring air quality and temperature.