The Germany-based industrial Group decided to implement Internet of Things (IoT) solution for the wind-power sector.
For doing so, Phoenix Contact invested, through the venture capital company of the Group, in Windesco, a provider or wind-turbine optimization systems specialized in developing software, hardware and IoT products.
The agreement follows the need to address the increasing challenges related to the fast-growing wind-power sector, with mutual benefits for both companies.
Phoenix Contact can now count on cutting-edge technologies in order to strengthen its wind-power solutions portfolio, while Windesco will be able to rely on a well-established organization, with global scale and infrastructure, as well as a preferred hardware provider.
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