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Siveco Group acquires a stake in Elipsis to strengthen its IoT and data offering

With 1,800 customer sites in over 60 countries, Siveco Group is strengthening its position in the intelligent maintenance market by acquiring a stake in Elipsis, an Italian company with expertise in industrial IoT and data enhancement. This strategic move will enable us to better meet the growing challenges of industrial digitalization.

A response to the challenges of industrial maintenance

Faced with the rise of Industry 4.0 and 5.0, manufacturers need to combine automation, predictive maintenance and intelligent equipment control. To meet these challenges, Siveco Group has joined forces with Elipsis via its subsidiary Siveco Italia, thus strengthening its technological ecosystem.

A stronger offering for manufacturers

This acquisition enables Siveco Group to enhance its flagship Coswin 8i and Coswin IoT solutions with Elipsis technological building blocks. The result: an unprecedented convergence of CMMS, data intelligence and energy performance. ” Coswin 8i is already recognized worldwide for its ability to improve industrial performance while reducing costs. Thanks to this synergy with Elipsis, we are taking our mission even further: to make industry more efficient, resilient and connected. “says Carlo Fichera, CEO and founder of Siveco Group.

Elipsis, a catalyst for industrial innovation

Elipsis designs systems for the management, integration and advanced analysis of industrial data. Its strength: transforming raw data into operational levers using artificial intelligence and machine learning. The company is already working with a large number of European manufacturers, both large accounts and SMEs.
The arrival of Siveco Italia in our capital strengthens an already fruitful collaboration. We will be able to accelerate the evolution of our value proposition, for ever more intelligent management of industrial data. “explains Simone Fardella, founder of Elipsis.

A shared ambition for the industry of the future

By combining business expertise and advanced technologies, the two companies aim to offer seamless solutions that can be integrated into existing tools. The aim is to help manufacturers turn a corner in terms of sustainability, data sovereignty and competitiveness.

To find out more about Elipsis: www.elipsis.it

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