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

Posted by Jeremy CowanOctober 2, 2017

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.

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