ServiceNow (NYSE: NOW), a digital workflow company, is to acquire 4Industry, an Utrecht, The Netherlands-based partner whose manufacturing technology application is built on the Now Platform, and has completed the acquisition of Smart Daily Management, a connected digital worker application, from EY.
The financial terms of the deals will not be disclosed.
Together, the deals augment ServiceNow’s existing operational technology (OT) management capabilities, adding Connected Worker solutions and enhancing expertise across key industrial markets such as manufacturing, energy and transport & logistics.
Founded in 2018 and led by Luc Raeskin, CEO, 4Industry brings a mobile-enabled application to make shop floor work intuitive, and efficient through a suite of digital tools.
Smart Daily Management, which creates efficiency around time-consuming tasks, will enable ServiceNow’s industrial customers to drive operational excellence. The technology and industry expertise from 4Industry and the Smart Daily Management application will be utilized to build a new Connected Worker solution on the ServiceNow platform, expected in 2025.
FinSMEs
19/03/2024