, /PRNewswire/ -- Nexxiot's Board of Directors has selected a new CEO, Dr , to guide the company through the next phase of growth. Previously working as 'Vice President Digital Products and Services' for Knorr-Bremse, is experienced in steering digital innovation and creating scalable value for transportation clients. Asset Intelligence company Nexxiot will continue to develop products to make rail and intermodal operations more efficient, safe, and sustainable.
This supports the EU directive to shift 30% of road freight over 300 km to rail and waterborne transport by 2030. The EU's goal is to double rail freight traffic by 2050. will lead Nexxiot in a commercialization program to deliver solutions to both rail and maritime clients.
Nexxiot has the largest IoT device fleet of its kind globally, with around digital railcars and shipping containers deployed. The appointment of Max, with his experience from Knorr-Bremse, represents a natural evolution for Nexxiot to drive innovation and leverage synergies to benefit the industry. The two companies previously signed a strategic investment and cooperation agreement to co-develop intelligent, connected solutions in rail, and have been collaborating on digitalization for the past few years.
With around 120 people employed worldwide, located mainly in , the , and Nordic countries, Nexxiot's growth has been achieved through its scalable IoT hardware, data analytics, and process automation. The Board backs vision to maximize client val.
