Basque companies Symplio Lifestyle Technologies, a pioneering firm creating solutions for the Internet of Things (IoT), and Sisteplant, who specialises in industrial engineering, have signed an agreement to jointly establish a new company with headquarters in Bizkaia Technology Park, to create and implement technological solutions for the Industry 4.0.

This concept includes smart manufacturing – an approach that works towards a digitalised industry with all processes interconnected through technologies like augmented reality, Internet of Things (IoT), artificial intelligence, etc.

The new company, owned 50/50 by Symplio and Sisteplant, will focus on creating solutions for material traceability, plant safety and indoor positioning applied to the industry, which is used to locate accurately objects and people inside the plant.

It aims to create solutions for a wide range of sectors like steelworks and casting, aerospace, food, automotive, defence, electronics and electrical appliances, energy and environment, industrial equipment, pharma and biomedicine, infrastructure, buildings and facilities, naval, chemistry, retail and distribution, and transport and logistics.

Since it was established in 2010, Symplio has specialised in the development of an architecture of services and devices that enable the creation of business-oriented solutions for the Internet of Things (IoT) that are solid, scalable and can be modularised.

Digital transformation has become one of the most important strategic challenges that any industrial organisation has to face. IoT solutions enable companies to get information in order to make better decisions and have a more direct relationship with clients, offering more transparency.

Symplio is a pioneering company in Spain that develops products and services following the paradigm of the Internet of Things. Established in 2010, it has wide experience in the application of experimental technology to develop new business concepts in the fields of entertainment, marketing and business.

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