Greg Barats, chairman of the relayr board of directors, will lead the company on an interim basis.
The appointment of Barats, who is president and chief executive officer of HSB Group, Inc., part of Munich Re, and global lead of Munich Re’s IoT business, is effective October 1, 2021. He succeeds Josef Brunner, who will leave the company.
Since acquired by HSB Group in October 2018, relayr, under Brunner’s guidance, has successfully expanded its global IoT business, which provides unique business models leveraging technology and financial services.
relayr is the Industrial Internet of Things (IIoT) powerhouse delivering the most complete solutions for risk-free digital transformations. We unleash data insights from existing equipment, machines and production lines to improve our customers’ business outcomes. We enable industrial companies to shift from CAPEX to OPEX-based offerings on their respective markets, providing a unique combination of first-class IIoT technology and its delivery with powerful financial and insurance offerings – all from a single source trusted by hundreds of companies worldwide. With relayr, manufacturers, operators, and service companies for industrial equipment are empowered to implement fully interoperable IIoT solutions guaranteed to achieve their target business outcomes.
To learn more about relayr, visit www.relayr.io.
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