Portfolio

ISS and ToolSense enter global strategic partnership to digitise asset operations

ISS A/S, a global workplace experience and facility management company, is enhancing its leading technology position in the industry through a new global strategic partnership with our portfolio company ToolSense. By leveraging state-of-the-art Internet of Things (IoT) solutions that can be integrated into ISS’s management of the company’s global assets of movable machines, ISS aims to boost its operational efficiency.

Every day, more than 300,000 ISS on-site employees are taking care of over 500,000 movable machines, such as vacuum cleaners, kitchenware and healthcare equipment, in more than 30 countries worldwide. The tracking, maintenance and utilisation of these assets will now be optimised by the use of ToolSense’s innovative Asset Operations platform, Internet of Things (IoT) solutions, and QR codes.

Markus Sontheimer, CIDO of ISS A/S, is thrilled about the new global partnership: “As a cornerstone of our ambition to become the technology leader in our industry, we are firmly dedicated to building an ‘ecosystem’ of strategic partnerships and collaborations with innovative startups and suppliers who are pioneers in their respective fields.

ISS and ToolSense initiated their local collaboration in Austria two years ago, successfully piloting the integration of ToolSense’s solutions into ISS Austria’s asset management processes. This collaborative effort has now culminated in the global strategic partnership, enabling the scaling of these solutions and approaches to a global level.

More details available here.