Actera, the biggest Turkey-focused personal fairness agency, has invested in know-how exporter Litum, which develops Trade 4.0 options with its web of issues (IoT) and location-based companies.
As an essential know-how supplier in real-time location techniques (RTLS), IoT and Trade 4.0 applied sciences, Litum is now specializing in international development with the funding it obtained.
Based in Izmir in 2004 by Alp Ülkü, Özgür Ülkü and Kamil Sözen, the corporate’s options are utilized by industry-leading companies reminiscent of Fortune 500 firms in addition to governmental institutions in additional than 45 international locations all over the world.
Quick international development
Litum Founding and Managing Accomplice Özgür Ülkü stated that the funding they obtained from Actera would make an important contribution to Litum’s fast international development journey.
“We’ve grown Litum quickly by investing in our technological infrastructure and staff,” he stated as he defined their objectives. “We’ve succeeded in elevating above world requirements our product high quality and the added worth we create for our prospects. At this stage of our journey, Actera’s funding could be very useful and thrilling for us. We imagine that Actera will strengthen us with its expertise and huge community. Whereas we proceed to extend our market share by rising quickly, we purpose to proceed innovation within the discipline of real-time location techniques.”
Resolution to disaster
Litum founder and managing accomplice Sözen underlined that they develop all of their know-how below their very own roof.
“We serve within the provide chain, manufacturing, well being care, oil, mining and good constructing industries. Firms utilizing Litum options can immediately monitor the situation data of their workers and gear,” he stated.
“On this manner, they’ll optimize their processes whereas making certain their safety. From hospitals to warehouses, from factories to mines, our know-how has a variety of makes use of. We offer severe added worth to our prospects when it comes to each security and financial savings by making the suitable choice. We are going to now run towards our purpose of offering this added worth to extra international locations and prospects.”