Cilio acquires Automation Factory.AI
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US-based Cilio Technologies, a leading provider of software-as-a-service (SaaS) solutions to installers, contractors, retailers, and manufacturers within the home improvement industry on Tuesday announced the acquisition of Noida-based, end-to-end digital transformation and product development firm, AutomationFactory.AI.
With the acquisition, the new entity would become Cilio Automation Factory (CAF), Cilio’s global engineering hub focused on innovation for the field service management space.
“I have worked with the technology leaders of Automation Factory for several years, including some significant recent projects for our enterprise clients. The software engineering capability on this team is top notch and together we have the most powerful R&D organisation in the home installation field service management industry,” said Rick Olejnik, President of Cilio Technologies.
Cilio supports over 20,000 active installers, manufacturers, and distributors across the US market and has built and supported systems for companies like Caesarstone, IKEA, LG, Lowes Home Improvement, and others across four continents.
Cilio Automation Factory will be centred in India, doubling the engineering talent at Cilio, with aggressive plans for additional growth.