Planon has acquired the Israeli IoT platform provider Axonize to enhance its smart building solutions, thereby strengthening its position in the market for connected buildings.
Target Information
Axonize, based in Tel Aviv, Israel, specializes in developing a leading market cloud-based Internet of Things (IoT) platform. The company was founded in 2016 and has established itself as a key player in the smart enterprise domain by offering no-code connectivity solutions that facilitate the integration of devices and data across various systems. The acquisition of Axonize by Planon marks a strategic move towards enhancing Planon’s capabilities in creating large-scale connected buildings.
As a fully integrated IoT platform provider, Axonize allows for rapid and efficient connectivity of a vast number of devices, enhancing asset monitoring and data analytics. This will significantly contribute to Planon’s digitization strategy, enabling better understanding of end-user needs and occupational patterns, while improving the ecological footprint of buildings.
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Industry Overview
The market for smart building systems is experiencing rapid growth, driven largely by advancements in IoT technology and heightened awareness of sustainability practices. As organizations worldwide increasingly emphasize operational efficiency and energy conservatio
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