Hexagon Acquired Innovatia Accelerator, a Developer of SaaS-based Digitalization Solutions

Category:
Acquisition or Partnership

Hexagon AB announced the acquisition of Innovatia Accelerator Inc., a developer of SaaS-based digitalization solutions that transform operations and modernize fieldwork in the manufacturing and process SaaS-based Digitalization Solutionsindustries.

For an industrial organization to truly automate the full scope of its operations – from processes and equipment to worker performance – the operational content and procedures of its assets must be digital and connected. 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 manage, govern and distribute the up-to-date critical operational content field workers require to keep operations running optimally and smoothly.

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.

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.

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