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West Coast Industrial Internet of Things (IIoT) Field Leader-BN000035875

1M-5MUnder 500k Manufacturing & Industrial
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TEASER
CLIENT CODE: BN000035875
REVENUE/TURNOVER: $1,411,000
HEADQUARTERS: West Coast
 
Interested? Contact Us
310-579-0169
davdul@benchmarkintl.com
West Coast Industrial Internet of Things (IIoT) Field Leader-BN000035875

Derek Avdul

interested in this opportunity?
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Description: The company provides end-to-end manufacturing chain solutions via a platform-as-a-service (PaaS), plug-and-play Edge and Cloud IIoT solution, providing factory-floor data collection and data analytics with artificial intelligence (AI) & machine learning (ML)-enabled Edge computers, over 1,800 industrial-grade sensor options and optional cloud services through Microsoft Azure. The company also manufactures several specialized computer products including the gold-standard of thermocouple-simulator calibrators, certified engine & machine monitors, and several instrumentation amplifiers.

Key Aspects 

One of the few companies providing a learning, evolving model for machines and processes on the Edge due to a pending “Intelligence Edge Node” patent

• Resulting from the company’s PaaS, plug-and-play Edge and Cloud IIoT solution, as of Q1 2023, the company has been accepted into Microsoft’s Catalyst Accelerator Program

• Established strategic relationships with Microsoft, Intel, AMD, Arrow Electronics, and Balluff including Buy-Sell and Co-Marketing agreements relating to the PaaS solution

• Maintains an outstanding governmental contract performance record as well as 8(a) certification

Opportunities 

• Utilize Microsoft’s Catalyst Accelerator Program to be highlighted throughout the organization•

As of Q2 2023, the company will have increased access to Microsoft Executives & Partners, company targeted customers, via the Microsoft Catalyst Accelerator Program

• Increase engineer staff to expand project execution capabilities

• Expand governmental service offerings to include engineering design & PCB assembly services via the company’s newly purchased fully-automated SMT-line

Current Markets

• The company serves a diverse client base that includes many Fortune 500 companies. Markets served include industrial ,military, research laboratories, pharmaceutical, process control ,and manufacturing.

Real Estate

• The business operates from an approximate 13,000 square foot facility, which is leased from an unrelated third party. The lease is transferable to new ownership.

Headquartered

• West Coast

Shareholder Objectives

• Ownership is seeking either a strategic partner to aid in growing the company to full potential as part of a long-term exit strategy or a full acquisition. Ownership is open to a variety of deal structures.

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