We at INspares are delighted to announce that we have gained a strong, regional growth financing partner in Aachen-based S-UBG AG. This investment represents a significant milestone on our path to supporting industry in the efficient management and monitoring of its electrical components.
Our platform, OT360, creates seamless, digital transparency of electronic components and their lifecycles in our customers’ operations. This enables companies to continuously record and monitor their components and identify risks at an early stage. This makes it possible to minimize unplanned plant downtime and plan maintenance and spare parts replacement in a preventative and strategically sensible manner.
Our solutions are particularly distinguished by their vendor-independent nature and the ability to be individually adapted to our customers’ requirements. Numerous industrial companies, system integrators, and maintenance providers are already benefiting from the advantages of our software. We are particularly pleased that municipal companies have also recognized the added value of our transparent component monitoring.
With this additional funding, we are further expanding our market position, deepening existing partnerships, and gradually expanding our portfolio. Our goal is to support even more companies in the sustainable and future-oriented management of their assets – also with regard to the circular economy and the environmentally friendly recycling of components.
The obsolescence management market is growing rapidly, and we are convinced that our innovative solution will enable us to play a leading role. With our experienced management team and strong partners, we are ideally positioned to seize the opportunities offered by this growth and support even more companies in optimizing their assets.
We look forward to the next steps and to shaping the future of the industry positively together with S-UBG and our other partners!