Cumulocity

Global leading industrial IoT platform, offering ready-to-use device management and low-code application enablement

The cloud-native platform enables enterprises to adopt a “Buy & Build” approach, shortening time-to-market for new, differentiating digital services. Cumulocity is the preferred choice for industrial equipment makers and is trusted by major brands to power their smart connected products in manufacturing, health, fleet management, consumer electronics, and more. Cumulocity is available as a cloud, on-premises, edge, and hybrid solution.

For years, Cumulocity has been regarded as one of the leading platforms for industrial IoT, recognized for its strong product-market fit and reputation among industrial equipment manufacturers across various sectors. Within the Software AG group, the company has evolved from a startup to a full-fledged scale-up. Its cutting-edge technology is now utilized by hundreds of companies across diverse industries worldwide.

Verso Capital teamed up with Cumulocity management, Avedon and Schroders Capital to acquire the business from Software AG, creating the leading independent IOT platform in a 23-country carve-out transaction.