Trumpf invests in IoT startup
Laser manufacturer Trumpf has acquired a 25.1 per cent share of Dresden-based IT startup Zigpos in order to boost its interlinked and networked production offerings.
Zigpos specialises in location tracking applications and system solutions for the Internet of Things (IoT), and among other things offers a solution for statistical evaluations regarding indoor position tracking.
The firm has around 20 employees, and its customers include technology groups and companies from the semiconductor industry. It was agreed not to disclose the financial details of the investment.
'In the field of sheet metal production, digitisation is now becoming a crucial competitive factor. With our investment in this company we are complementing our existing intra logistics offer based on BeSpoon technology, which especially benefits small and medium-sized customers,' said Tom Schneider, managing director for development in the machine tools division at Trumpf.
Zigpos already supplys software components for Trumpf's indoor position tracking system Track & Trace. The solution determines the position of sheet metal parts in real time, and the resulting transparency increases productivity in manufacturing.
'With the help of our software, Trumpf tracking systems can already significantly reduce throughput times in production. We look forward to expanding our cooperation at a strategic level,' said Erik Mademann, CEO of Zigpos.
Thanks to ultra-wideband technology, the tracking system can also be used in metal production environments – for instance, between machines and sheet metal storage areas. Trumpf successfully uses Track & Trace for customers as well as in its own manufacturing processes.