“The acquisition today of Fiix is a really exciting one,” says Rockwell Automation CEO Blake Moret. “It spans the gap that’s traditionally existed between manually entered keystroke data and real-time data that’s coming from the equipment itself. This helps take maintenance and automation really to a whole new level.”
Fiix Inc. is a privately-held, AI-enabled computerized maintenance management system (CMMS) company. Fiix, founded in 2008, is headquartered in Toronto, Ontario, Canada.
“We’re really taking manufacturing to a whole new level,” added Moret. “We’re taking the traditional operational technology and know-how that’s existed on the plant floor for so many years and we’re marrying that with IT technology and bringing those together. It’s really unlocking a whole new level of productivity across all the industries that we serve.”
Fiix’s cloud-native CMMS creates workflows for the scheduling, organizing, and tracking of equipment maintenance. It connects seamlessly to business systems and drives data-driven decisions. The company’s revenue grew 70% in 2019 with more than 85% recurring revenue.
“We believe that the future of industrial asset management is performance-based,” said Tessa Myers, vice president, product management, Software & Control, for Rockwell Automation. “With the addition of the Fiix platform and expertise, our customers will benefit from a 360-degree view of integrated data across automation, production, and maintenance, helping them to monitor and improve the performance of their assets and optimize how maintenance work is done.”
James Novak, Fiix CEO, said, “From the beginning, Fiix has been on a mission to connect maintenance and operations teams to the tools, resources, and technology they need to modernize and join the future of maintenance. Joining Rockwell Automation will allow us to help even more companies modernize maintenance and increase asset performance by connecting to industry-leading data, automation, and production systems.”
The company says that the addition of Fiix directly aligns with Rockwell Automation’s software strategy.
Rockwell Automation CEO Blake Moret also discussed their involvement with COVID treatments and the vaccine:
“We’re involved with virtually all of the manufacturers who are working on the treatments and the tests and the vaccines around the world for the COVID virus. We’re really helping them and helping the world to recover. So we’re involved in the formulation, the packaging, the tracing, and you obviously have to do this at unbelievable scale to be able to meet the need.”