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Acorn Substantially Expands Infrastructure Asset Management Technology Offerings for Cell Towers, Data Centers and Utilities
Globenewswire· 2026-01-05 12:59
Core Insights - Acorn Energy, Inc. has formed a strategic partnership with AIO Systems, Ltd. to enhance its offerings in remote monitoring and control solutions for critical infrastructure assets in North America [1][2] Group 1: Partnership Details - Acorn has secured exclusive rights to market, integrate, and sell AIO's products under the OmniMetrix brand in the U.S., Mexico, and Canada [2] - AIO will provide support through a dedicated account manager, marketing resources, and adaptations for the North American market, including a mobile app [2][5] - Acorn will share monitoring and Software-as-a-Solution (SaaS) revenue on a 50/50 basis after deducting direct costs, with potential for increased revenue share based on performance [3] Group 2: AIO Systems Capabilities - AIO Systems offers cloud-based business intelligence platforms aimed at reducing downtime, streamlining maintenance, and improving inventory accuracy [4][7] - The platforms are designed to provide actionable insights for smarter operations, focusing on cost savings and return on investment [4][7] Group 3: Market Expansion and Future Plans - Acorn plans to initially target existing telecommunications customers while expanding outreach to data center and utility markets [6] - The partnership is expected to enhance Acorn's suite of solutions and addressable market, capitalizing on the growing demand for data-driven infrastructure management [5][6] - Acorn has secured a right of first refusal for AIO's South America assets, indicating potential future expansion into Latin and South America [3]