Hexagon Buys Innovatia Accelerator

Hexagon AB has acquired Innovatia Accelerator Inc., a developer of software-as-a-service-based digitalization solutions that are intended to transform operations and modernize fieldwork in the manufacturing and process industries, according to the companies.

Innovatia Accelerator's flagship solution, AcceleratorKMS, is an AI-based infield knowledge management platform that expedites the digital transformation of paper-based, high-risk operational procedures and work processes. It enables organizations to easily manage, govern and distribute the up-to-date operational content field workers require to keep operations running optimally and smoothly.

"AcceleratorKMS has a proven track record with many Fortune 500 companies to address a real business need in digitalizing the paper-based ecosystem of operations and maintenance, turnaround/shutdown, and emergency procedures," says Hexagon President and CEO Ola Rollén.

The AcceleratorKMS solution includes procedure lifecycle management (PLCM), a connected worker platform (CWP), a learner experience platform (LXP) and a component content management system (CCMS). The combined capabilities create an integrated digital content ecosystem to enhance the execution of procedures requiring collaboration and inputs from multiple users and data sources to reduce risk and increase overall worker productivity.

"Hexagon has long been a leader in delivering smart digital realities that go beyond the digital twin, offering a visual, single source of truth of location-based asset intelligence—available anywhere, anytime on any device," continues Rollén. "This acquisition adds operational insights to support the connected worker in eliminating operational incidents caused by missing, out-of-date, or inaccessible information. The combination of AcceleratorKMS with our asset information solutions and Smart Digital Reality backbone will help more customers achieve efficiencies faster, improve operations and increase ROI."

Headquartered in Saint John, New Brunswick, Canada, with offices in India and the United States, Innovatia Accelerator will operate within Hexagon's PPM division. The acquisition has no significant impact on Hexagon's earnings and is expected to be completed over the coming weeks.

Sources: Press materials received from the company and additional information gleaned from the company’s website.