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FogHorn and BearingPoint Announce Strategic Partnership to Accelerate Deployment of Industrial Internet of Things SolutionsMOUNTAIN VIEW, Calif., April 23, 2018 (GLOBE NEWSWIRE) -- FogHorn Systems, a leading developer of “edge intelligence” software for industrial and commercial IoT applications, today announced a strategic partnership with BearingPoint, a multinational management and technology consulting firm. This partnership will accelerate the deployment of Industrial Internet of Things (IIoT) solutions via the combination of FogHorn’s edge intelligence platform and BearingPoint’s system integration and digital transformation capabilities. With the IIoT market growth expected to reach $933.62 billion by 2025, the alliance builds upon the two companies strengths meeting the needs of a growing number of businesses looking to deploy IIoT solutions as a core component of digital transformation and competitive advantage. “IIoT solutions for new and aging/legacy equipment are demanding adaptable, configurable, as well scalable, and secure solutions. Project experience shows that a robust, rule- and machine learning high performance solutions onsite where the equipment is installed (edge) is the key to master this challenge. FgHorn with their innovative approach to delivering real-time analytics, machine learning and AI is our partner when it comes to industrial edge,” said Donald Wachs, Partner and Global Head of Manufacturing and Industry 4.0 at BearingPoint. “Our joint project alliance is already producing transformational results for customers, and we look forward to working more closely in the future.” With a strong history of building a world class Industrial IoT Partner Ecosystem, FogHorn continues to seek out best in class partners to complement its edge intelligence solutions, and accelerate the time to value for IIoT technology across a broad range of industrial use cases. “BearingPoint is passionate about helping clients realize their business goals by applying deep industry and functional expertise to understand and address their specific needs,” said Sastry Malladi, Chief Technology Officer for FogHorn. “Their core competencies in management and technology consulting are a great combination with the FogHorn solution portfolio, and our relationship is off to a great start. We look forward to jointly helping many clients – utilizing BearingPoint’s Digital Industry 4.0/IoT Lab – to realize their digital transformation initiatives.” About BearingPoint About FogHorn Systems FogHorn and Lightning are trademarks of FogHorn Systems. The names of actual companies and products mentioned herein may be the trademarks of their respective owners. Media Contact |