Industrial Connectivity Expansion Xompass FaaS focuses on connecting thousands of legacy assets across industries such as mining, water, and energy, presenting an opportunity to target industrial companies with aging infrastructure seeking modern IoT solutions to improve operational efficiency.

Enterprise Productivity Gains By offering a platform that enhances real-time data collection and analysis, Xompass appeals to organizations aiming to maximize asset uptime, reduce maintenance costs, and increase overall productivity—areas ripe for upselling and new client acquisition.

Digital Transformation Focus Manufacturers and industrial firms investing in Industry 4.0 and digitalization initiatives are potential clients, especially those looking to leverage edge computing and cloud-based analytics to modernize their existing equipment.

Growth in IIoT Adoption As industries increasingly prioritize sensor data utilization and operational intelligence, Xompass's specialization in IIoT Field as a Service positions it well to capitalize on the ongoing market trend towards connected machinery and automated monitoring solutions.

Competitive Edge With a strategic focus on providing connectivity for old and offline assets, Xompass can differentiate itself from competitors serving larger, fully digitized assets by targeting industries with large installed bases of legacy equipment needing IoT integration.