IMS Evolve brings in ex-banker and E.ON exec Weber as CFO to support international expansion

Arne Weber joins from E.ON

Milton Keynes, UK. October 2, 2017 – IMS Evolve, specialists in Internet of Things (IoT), big data and machine management solutions, has appointed Arne Weber to the position of chief financial officer (CFO). His brief is to strengthen the company’s finance department, and support its rapid international expansion and business development.

Weber joins from German energy company E.ON, where he was responsible for mergers & acquisitions (M&As), integration, project finance and business development. With more than 15 years experience in the finance industry, working across different global investment banks in Frankfurt, London and New York prior to joining E.ON, Weber is said to be well placed to guide the company through its next phase of development.

IMS Evolve has seen significant growth over the past 12 months and Weber will be part of the team that works to ensure its continued success and expansion. (Also see: Can IoT help us avert the world’s 2050 food crisis?)

Weber comments: “IMS Evolve is seeing phenomenal growth and it is vital that the company has a strong finance platform as its business development and international expansion continues. My role at IMS Evolve will be to ensure that new growth initiatives and customer projects have the financial support necessary for their realisation.”

The CEO at IMS Evolve, Frank Jones, adds: “We are delighted to welcome Arne to the team. He brings with him the expertise and experience to help the company on its continued path as a global leader in applied, business-centric IoT products.”

IMS Evolve has seen significant interest in its IoT solution, which uses Edge technology to provide organisations with real-time insight into their machine data. This not only allows for more efficient energy usage, but gives businesses the opportunity to reduce waste, drive more efficient workflows, and improve the customer offering.

Comment on this article below or via Twitter: @IoTNow  OR @jcIoTnow

 

FEATURED IoT STORIES

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, iot home automation is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more
RECENT ARTICLES

Nozomi Networks and Tripwire announce strategic partnership

Posted on: September 17, 2021

Nozomi Networks Inc., the provider of OT and IoT security, and Tripwire, a global provider of security and compliance solutions for enterprises and industrial organisations, announced they have partnered to help organisations lower cyber risk with consistent security controls that span their IT, OT and IoT environments.

Read more

RightIndem deploys enterprise-grade conversational AI to simplify customer claims process

Posted on: September 17, 2021

RightIndem, an global insurance technology company, has worked with Bristol-based Amdaris to simplify its customer onboarding process via developing enterprise-grade conversational Artificial Intelligence experiences.

Read more