Industry News

FoxInsights: European Market Leader in Remote Tank Monitoring Gains New Strength with Banyan Software

FoxInsights, the European leader in remote tank monitoring (RTM) and data-driven asset management, has taken the next major step in its corporate journey: EnBW Energie Baden-Württemberg AG has sold the company to Banyan Software, a leading acquirer and permanent home for successful enterprise software businesses. This partnership opens new opportunities to expand into international markets while strengthening proven capabilities and advancing innovative technologies.

A Strong Partner for Long-Term Success

“FoxInsights has established itself as a trailblazer in IoT-powered metering and analytics, driving efficiency in the energy sector,” said Kay-Ingo Greve, Operating Partner at Banyan Software. “We are excited to support FoxInsights in advancing its solutions and expanding its global impact.”

From Europe to the World: FoxInsights’ Vision

“Since our founding seven years ago, we have worked consistently to shape and lead the remote tank monitoring market in Europe,” said Til Landwehrmann, founder of FoxInsights. “With Banyan Software as a long-term partner, we can realize our vision of a global presence, open new markets, and strengthen our leadership position.”

Product Innovation Driving Efficiency 

“Transparency creates efficiency, and efficiency translates into competitive advantages,” said Dr. Michael Kolb, CTO of FoxInsights. “Our IoT ecosystem combines cutting-edge sensor technology with AI-powered software to automate processes and achieve significant cost savings. With Banyan Software’s support, we will elevate the performance and global scalability of our solutions to a new level.”

EnBW: Building a European Champion 

Founded in 2017 within the innovation hub of EnBW, FoxInsights has grown into a leading provider of digital IoT solutions. “FoxInsights exemplifies our commitment to fostering sustainable technologies and building innovative companies,” said Jürgen Stein, Chief Innovation Officer at EnBW. “We are confident that under Banyan Software’s leadership, FoxInsights will continue its success story on an international scale.”

Read more