West Coast Industrial Internet of Things (IIoT) Field Leader

Description:
The company provides end-to-end manufacturing chain solutions via a platform-as-a-service (PaaS), plug-and-play Edge and Cloud IIoT solution, providing factory-floor data collection and data analytics with artificial intelligence (AI) & machine learning (ML)-enabled Edge computers, over 1,800 industrial-grade sensor options and optional cloud services through Microsoft Azure. The company also manufactures several specialized computer products including the gold-standard of thermocouple-simulator calibrators, certified engine & machine monitors, and several instrumentation amplifiers.
Key Aspects:
• One of the few companies providing a learning, evolving model for machines and processes on the Edge due to a pending "Intelligence Edge Node" patent
• Resulting from the company's PaaS, plug-and-play Edge and Cloud IIoT solution, as of Q1 2023, the company has been accepted into Microsoft's Catalyst Accelerator Program
• Established strategic relationships with Microsoft, Intel, AMD, Arrow Electronics, and Balluff including Buy-Sell and Co-Marketing agreements relating to the PaaS solution
• Maintains an outstanding governmental contract performance record as well as 8(a) certification

Opportunities:
• Utilize Microsoft's Catalyst Accelerator Program to be highlighted throughout the organization
• As of Q2 2023, the company will have increased access to Microsoft Executives & Partners, company targeted customers, via the Microsoft Catalyst Accelerator Program
• Increase engineer staff to expand project execution capabilities
• Expand governmental service offerings to include engineering design & PCB assembly services via the company's newly purchased fully-automated SMT-line

Headquartered:
• West Coast, U.S.
Current Markets:
• The company serves a diverse client base that includes many Fortune 500 companies. Markets served include industrial, military, research laboratories, pharmaceutical, process control, and manufacturing.

Real Estate:
• The business operates from an approximate 13,000 square foot facility, which is leased from an unrelated third party. The lease is transferable to new ownership

Shareholder Ownership:
• Ownership is seeking either a strategic partner to aid in growing the company to full potential as part of a long-term exit strategy or a full acquisition. Ownership is open to a variety of deal structures.