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First Cloud Platform that Combines Field Service and Asset Management For All Work

First Cloud Platform that Combines Field Service and Asset Management For All Work. Andy Stinnes, Venture Partner, Cloud Apps Capital Partners, joins the KloudGin board of directors and explains what this means for the companyu2019s growth.

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First Cloud Platform that Combines Field Service and Asset Management For All Work

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  1. First Cloud Platform that Combines Field Service and Asset Management For All Work KloudGin has good synergy with Cloud Apps Capital Partners. We have more direct industry, operational, and investing experience in building global cloud business application companies than any other early-stage venture capital firm. We focus on mission-critical enterprise applications sold to Line of Business executive buyers and had prior success investing in the field service management (FSM) and enterprise asset management (EAM) space, which we know well. The FSM and EAM markets are large, multi-billion dollar existing software categories characterized by mission-critical, enterprise scale, operational business problems that I understand and work well with. The sector is dominated by outdated, complex, expensive on-prem and private-cloud solutions, now largely owned and maintained by large software vendors who are not innovating to keep up with changing customer needs. It is fascinating to me – considering that FSM and EAM are vital components in a business – how these clunky, old, siloed, manually integrated systems can become a ball and chain that prevent operational teams from doing what they need to do today, let alone planning for the future. Today FSM and EAM have evolved as highly complex operations and the environments and business conditions continue to transform. Customer demands are changing rapidly in terms of service KPIs, visibility, service window reliance, digital self-service and so on, and the solution needs to deliver this expected customer experience. Relying on patching together outdated systems with new ways of working and trying to make

  2. several different solutions work well together is difficult in two ways. First, it is an expensive way to work and secondly, and most importantly, working this way means that the systems have no flexibility at all. Neither of which is good for a business operation which by its nature needs to be reactive, dynamic, and efficient. In addition, organizations that rely on outdated solutions will struggle to attract the best people as the new generation of engineers, service and operational recruits want to be working with the latest technology. A millennial’s second nature is mobile-first, easy-to-use, and intuitive software and understandably, they do not see any need to compromise on this. The latest intelligent, IoT-enabled devices increasingly permeate asset networks and produce more, real-time data and insight that organizations need to have connected throughout their operations. And servitization of products creates new customers, companies who were once sellers of assets (cars, jet engines, robots) but are now operating their assets to provide a service (mobility, propulsion, assembly). The entire end-to- end FSM and EAM solution needs to not only keep up with these transformations but also be flexible to serve the evolutions that follow. Contact Us HEADQUARTERS 440 N. Wolfe Road Sunnyvale, CA 94085 KloudGin Asia Wing 2, C Block, Level 3 Cyber Gateway, Hitech City Hyderabad - 500081 EMAIL support@kloudgin.com PHONE +1-877-256-8303

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