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General electric servicemax.
Ge today announced it has acquired servicemax a leader in cloud based field service management fsm solutions for 915 million the acquisition provides ge digital with enhanced capabilities to advance its industrial internet vision enabling customers to immediately gain more value from their assets and find greater efficiency in their.
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General electric co on thursday said its digital unit would sell a majority stake in servicemax a cloud based provider of software used in inventory and workforce management to technology.
Servicemax is a leading industry provider of field service management software an estimated 25 billion market worldwide.
Servicemax and salesforce have joined forces to deliver an unparalleled solution that drives operational efficiency with 360 degree view of assets on the world s 1 crm platform.
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Natively built on salesforce field service asset 360 delivers complete visibility into assets in the field so companies can maximize asset performance.
Servicemax is a scalable mobile and secure solution for the entire spectrum of service delivery processes.
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Servicemax is the only complete field service software solution helping enterprise companies increase average technician productivity by 19 and equipment uptime by 9.
Financial terms were not disclosed.
Ge digital has sold a majority stake in servicemax to silver lake the private equity firm that owns key stakes in dell technologies godaddy and solarwinds among others.
By joe panettieri dec 13 2018.
Accelerate time to value improve productivity and support asset centric business processes with pre configured templates and industry best practices.
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Servicemax is the global leader in asset centric field service management software that maximizes asset performance and helps companies differentiate with service.
The deal is part of a bigger general electric business shakeup that surfaced today.