Siemens closes its acquisition on a high note, enhancing its software offering for construction operations

Siemens Smart Infrastructure (SI), a leader in digital building, has finalized the acquisition of Luminous softwarea leader WEsoftware as a service (SaaS) provider of asset and maintenance management solutions.

The acquisition elevates SI to a leadership position in the software market for buildings and built infrastructure. It adds Brightly’s well-established cloud capabilities in key sectors – education, public infrastructure, healthcare and manufacturing – to Siemens‘ digital know-how and software in the building industry. The addition of Brightly to Siemens The portfolio accelerates the development of SI’s SaaS business, enabling enterprises to deliver superior performance and sustainability for built infrastructure.

“We are delighted to welcome Brightly to the Siemens family. With Brightly, we can take buildings to the next level of performance and strengthen Siemens“to position itself in the rapidly growing market of buildings and built infrastructure”, said Matthias RebelMember of the Management Board of Siemens AG and CEO of Smart Infrastructure. “We see substantial value creation potential and growth opportunities by combining the offerings under Siemens Xcelerator and Brightly’s established SaaS business and customer base.

The signing of a binding acquisition agreement relating to the transaction was announced on June 27 This year. Following the announcement, Siemens spear Siemens Xcelerator, an open digital commerce platform, to accelerate digital transformation and value creation for customers of all sizes in industry, buildings, networks and mobility.

“Today marks an exciting milestone in Brightly’s history as we join Siemens. With digital transformation and ESG mandates on the rise, our global community finds itself at a crossroads, which requires smart software solutions to transform the performance of infrastructure assets,” said Kevin Kemmer, CEO of Brightly. ‘Together with Siemenswe are well positioned to help our customers around the world build a future where efficient operations and smart assets power sustainable communities.

It is estimated that 7 billion people will live in urban areas by 2050. This trend, coupled with the urgency to address climate change, highlights the need for smart and sustainable communities and infrastructure. Siemens strives to build smart communities, enabled by digitalization and smart systems. The company’s solutions, services and software connect the real and digital worlds, as well as IT and OT, injecting intelligence into built infrastructure operations.

Brightly is headquartered in Cary, North Carolinaand has approximately 800 employees serving approximately 12,000 customers, primarily across the WE, Canada, UK and Australia. Long live a Siemens company, now part of Siemens SI, attached to its CEO.

Siemens AG (Berlin and Munich) is a technology company focused on industry, infrastructure, transportation and healthcare. From more resource-efficient factories, resilient supply chains, smarter buildings and networks, to cleaner and more comfortable transportation and advanced healthcare, the company is creating technology with the aim of adding real value to customers. By combining the real world and the digital world, Siemens empowers its clients to transform their industries and markets, helping them transform the lives of billions of people. Siemens also owns a majority stake in the publicly traded company Siemens Healthineers, a global medical technology leader shaping the future of healthcare. In addition, Siemens holds a minority stake in Siemens Energy, the world leader in transport and electricity production. In fiscal year 2021, which ended on September 30, 2021the Siemens Group generated revenue from €62.3 billion and the net income of €6.7 billion. From September 30, 2021the company had approximately 303,000 employees worldwide.

Luminous software is a leader in intelligent asset management solutions, enabling organizations to transform the performance of their assets. Brightly’s sophisticated cloud-based platform leverages over 20 years of data to deliver predictive insights that help users through key phases of the entire asset lifecycle. More than 12,000 customers of all sizes worldwide depend on Brightly’s comprehensive suite of intuitive software – including CMMS, EAM, Strategic Asset Management, IoT Remote Monitoring, Sustainability and Community Engagement. Combined with award-winning training, support and consulting services, Brightly helps pave the way to a brighter future with smarter assets and sustainable communities.

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Contact:

Florian Martens

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