I will write a range of posts on this over the next few weeks to try to capture what has happened in our industry and where it is headed across technology, service provision, contracting and
In the past couple of weeks there have been some major shifts in the structure of the software side of our industry. I believe this is a tectonic shift that will change the systems our industry uses.
- eMaint has been purchased by Fluke for an undisclosed sum (Online CMMS)
- iSolutions was purchased by Runge Pincock Minarco (RPM) in a deal purportedly worth $8 million plus an additional $6.5 million buy out over three years based on performance (Mobile / fleet management software)
- Meridium was purchased by GE Digital in a deal worth a purported USD $495 million
In every case the impact will be determined not by the value of the product itself, but by how mid to large sized multinationals will be able to replace the drive and enthusiasm of the product developers and owners.