Munich, September 18th, 2019 – Laura Tönnies, Co-Founder and CEO of Munich-based IoT technology company corrux, receives the OSRAM IoT Award 2019 in the category “Young Leader”. The award was presented by Dorothee Bär (MdB), German State Minister for Digitization, during an award ceremony in Berlin.
The OSRAM IoT Award recognizes IoT visionaries who, together with their teams, have created significant milestones in the development of IoT technologies, and who “possess extraordinary leadership qualities”. Startups from across Germany were chosen and evaluated by a jury that was made up of experts from the fields of economy, science and consulting.
“I am honored to receive this award on behalf of my team. It’s a great acknowledgement for our work at corrux in transforming the construction and heavy equipment industry. We leverage IoT to enhance the efficiency on job sites and drive more transparent processes around asset monitoring”, said Laura Tönnies. corrux builds software that maximizes the efficiency of industrial equipment. Easily accessible data insights and analytics that predict and improve equipment usage are key to optimizing project delivery and maintenance cycles and drive cost savings. “Our technology revolutionizes processes by providing a digital ecosystem that provides simple communication between all stakeholders and gives access to the latest status updates to ensure timely delivery”, Tönnies added.
corrux builds software that enables enterprises to maximize the efficiency of industrial equipment. The company’s analytics layer lets construction companies and OEMs understand their heavy machinery - ranging from excavators to track laying machines. With corrux, job site operations are monitored in real-time to gain insight from data. corrux uses AI to distill the most urgent and actionable measurements and alerts, so that action is taken before failure occurs. Learn more at www.corrux.io.
corrux builds software that enables enterprises to maximize the efficiency of industrial equipment. The company’s analytics layer lets construction companies and OEMs understand their heavy machinery - ranging from excavators to track laying machines. With corrux, job site operations are monitored in real-time to gain insight from data. corrux uses AI to distill the most urgent and actionable measurements and alerts, so that action is taken before failure occurs. Learn more at www.corrux.io.
With €300 million under management, Target Partners is one of the leading early-stage venture capital firms in Germany. Target Partners invests in seed and early-stage technology companies and supports them with venture capital during their build-out and expansion phases. With many years of experience as managers, entrepreneurs and venture capital investors, the team at Target Partners supports entrepreneurs in developing and marketing products and services, building organizations, raising money and taking companies public in Europe and the United States. For more details: targetpartners.de and twitter.com/targetpartners.