New Solutions
Komatsu expands fleet management offerings with acquisition of technology company iVolve
To increase its fleet management offerings for customers, Komatsu acquired iVolve Holdings Pty Ltd., an Australian-based technology company that provides fleet management solutions for small to mid-tier quarry, mining and construction operations.
The acquisition bolsters Komatsu’s existing suite of fleet management technology offerings, which include Smart Construction for construction, Modular for mining, and Smart Quarry for aggregate applications. Komatsu previously partnered with iVolve on Komatsu’s Smart Quarry Site.
“The team at iVolve have been great collaborators, and this acquisition offers exciting potential to further our global work together,” said Mike Gidaspow, Vice President, Products, Service & Solutions for Komatsu North America. “For quarry customers in particular, we believe iVolve’s offerings and experience will be a great addition to Komatsu’s suite of technology.”
Improve safety, productivity
Komatsu plans to globally deploy iVolve’s fleet management system to further contribute to improving safety and productivity at customers’ workplaces. So far, iVolve has achieved optimal operation management at customer sites in Australia and North America.
“We have enjoyed a long working relationship with Komatsu and believe this agreement aligns with our goals and vision, and importantly, the resources of Komatsu will help us achieve our growth goals,” said Kim Parascos, CEO and co-founder of iVolve. “As a Komatsu brand, we aim to widen our market presence, elevate our product line, and preserve flexibility for our customers. Our existing customers will also benefit from this new alignment, as we leverage the expertise, commitment and reach of Komatsu to improve our offering.”
While furthering development of its products and solutions, iVolve will continue to provide its services as an independent group company.
