Microsoft on Tuesday has acquired an Italian startup named Solair that has been developing Internet of Things (IoT) solutions for multiple business verticals including manufacturing, retail, food & beverage and transportation.The US company, however, did not disclose any financial details about the transaction.
“This acquisition supports our strategy to deliver the most complete IoT offering for enterprises. We’re excited about their technology and talent,” the company said.
“The integration of Solair’s technology into the Microsoft Azure IoT Suite will continue to enhance our complete IoT offering for the enterprise,” the company stated in its blog.
Solair’s IoT solutions are developed on Microsoft’s Azure cloud platform and are engineered to help businesses in any industry utilize IoT to run more efficiently and profitably. For example, Solair has brought the power of IoT to the Rancilio Group’s full line of espresso machines, allowing the Italian manufacturer to remotely monitor machines resulting in greater efficiency across the supply chain. Using the power of cloud-based data and analytics, Solair has helped the Rancilio Group reduce costs and increase revenue.
In Japan, Solair is using the power of IoT to transform the way factories monitor production lines. Their Smart Factory Advisor application has helped manufacturers increase production capacity and optimize energy efficiency. By enabling a factory’s machines with their IoT solution, the information and insights gathered are leading to more efficient ways of manufacturing.
“From the very start, our mission has been to help customers quickly and easily gain access to the huge benefits of the Internet of Things (IoT). By building our solutions based on real customer requirements that allow them to gain real value, I’m confident that Solair’s technology and talent will be able to make an important contribution to Microsoft’s Azure IoT Suite and Microsoft’s broader IoT ambitions,” Solair CEO and Founder Tom Davis said.