Komatsu acquires fleet management systems provider
12 December 2023
Komatsu Ltd. has acquired iVolve Holdings Pty Ltd, a provider of fleet management systems (FMS) for construction and mining equipment, through its wholly-owned subsidiary in Australia.
iVolve is a technology company that provides FMS for small to mid-tier miners, contractors, and quarries.
The company’s systems visualise operation management information, with the potential to reduce running costs, and promote safe operations through access to real-time data. Their flagship product, “Mine 4D,” is designed for small to mid-tier miners and contractors.
iVolve’s expertise lies in the development and sales of FMS for small to mid-tier miners, contractors, and quarries, which is a market that falls between large-scale mining and construction and civil engineering industries.
With this acquisition, Komatsu plans to deploy iVolve’s FMS globally, which has an IoT platform, as a new solution to improve safety and productivity at user work sites.
Following the acquisition, iVolve will continue to operate as an independent group company and aims to capture new business opportunities through the Komatsu network.
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