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    Home » Latest » Ascalia Strengthens AI Automation with Metis Labs Acquisition
    Technology

    Ascalia Strengthens AI Automation with Metis Labs Acquisition

    Elliot PreeceBy Elliot Preece18/10/2024Updated:18/10/20244 Mins Read
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    Ascalia Limited, a leading provider of industrial digitalisation solutions, has made a significant move by acquiring Metis Labs Limited. This strategic acquisition strengthens Ascalia’s presence in the UK and Western European markets. By incorporating Metis Labs’ advanced AI-based process control solutions, Ascalia aims to elevate its capabilities in industrial automation and offer enhanced value to its clients across key industries.

    Metis Labs: Innovators in AI Solutions

    Founded in 2017, Metis Labs has built a solid reputation for revolutionising process control in manufacturing through the deployment of advanced AI solutions. These innovations have enabled their clients to drastically reduce production waste, often by more than 80%, while simultaneously improving product quality and boosting profitability. The company’s AI technology has proven effective across a range of industries, including consumer packaged chemicals, food and beverage processing, and construction materials.

    Metis Labs’ solutions have empowered companies to optimise their manufacturing processes by analysing data in real-time, identifying inefficiencies, and recommending actionable insights. This has enabled businesses to become more agile in responding to production challenges, ultimately leading to reduced operational costs and improved sustainability.

    Integration into Ascalia’s Brand

    As part of the acquisition, Metis Labs will no longer operate as an independent entity. Instead, it will be fully integrated into Ascalia’s operations, merging its AI-based technologies with Ascalia’s comprehensive suite of digitalisation solutions. This seamless integration aims to streamline operations and foster synergies that will benefit clients in terms of both innovation and efficiency.

    CEO’s Perspective

    Marin Bek, CEO of Ascalia, highlighted the significance of the acquisition, saying, “Acquiring Metis Labs is a critical move for extending Ascalia’s market reach.” By integrating their advanced AI solutions, we can offer greater value to our clients, particularly in the food, beverage, and consumer chemicals industries. This move strengthens our leadership in the digitalisation of manufacturing across Europe and positions us for accelerated growth.

    The acquisition allows Ascalia to deliver more powerful automation and digitalisation tools, making it easier for companies to adapt to the ever-evolving landscape of industrial manufacturing.

    Metis Labs’ Vision of the Future

    Alexander Appelbe, CEO of Metis Labs, expressed his excitement about the partnership, noting that the acquisition would allow Metis Labs to reach new heights. He remarked, “Becoming part of Ascalia is a transformative opportunity for Metis Labs and our clients.” This acquisition broadens the range of services we can offer, enabling us to meet our clients’ needs more effectively. Together, we’re excited to amplify our impact through industrial digitalisation, which is key for our clients to achieve increased profitability while reducing their environmental footprint.

    Appelbe’s remarks highlight the shared vision of both companies to lead in the industrial automation space and drive positive outcomes for their clients.

    Strategic Growth and Market Expansion

    Guy-Edward Waterland, a board member of Ascalia, reiterated the strategic importance of acquiring Metis Labs. “This acquisition enhances Ascalia’s ability to expand into new markets. With their advanced AI technologies and industry expertise, we are now positioned to accelerate our growth across the UK and Western Europe. This acquisition is a key milestone in our mission to become the foremost provider of industrial digitalisation solutions in Europe.”

    Impact on the Manufacturing Sector

    Ascalia has long been a leader in delivering cutting-edge digitalisation solutions to manufacturing companies, helping them improve operational efficiency and reliability. The acquisition of Metis Labs allows Ascalia to extend its reach, particularly within the consumer packaged goods and food processing sectors. With Metis Labs’ AI-based solutions, Ascalia’s clients can expect to benefit from even greater reductions in operating costs, waste minimisation, and improvements in production quality.

    Client finance officers who have implemented Ascalia’s Manufacturing Execution System (MES) have reported an average reduction of 3-4% in total operating costs, a testament to the company’s impact on operational efficiency.

    Delivering Exceptional Value

    The acquisition of Metis Labs, brokered by GetPlanD Ltd, marks a significant milestone for Ascalia as it strengthens its position in the industrial automation market. By combining the expertise of both companies, Ascalia is well-positioned to continue delivering exceptional value to its clients while driving forward the future of industrial digitalisation across Europe.

    Through this integration, Ascalia will not only enhance its own capabilities but also create new opportunities for growth, innovation, and sustainability in the manufacturing sector. This acquisition underscores Ascalia’s commitment to leading the way in industrial automation, ensuring that their clients remain competitive in an increasingly digital world.

    Post Views: 274
    acquisition AI Technology Ascalia digitalisation efficiency solutions industrial automation manufacturing Metis Labs UK market Western Europe
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