KX joins Ericsson Industry 4.0 partner program as Independent Software Vendor

KX, part of First Derivatives (AIM: FDP.L, Euronext Growth: FDP.I), announced today that it has joined Ericsson’s Industry 4.0 partner program, delivering value by offering real time streaming and analytics, sensor data capture, workload optimisation and machine learning modelling through its Kx technology platform.

“The combination of Ericsson’s connectivity and KX’s unparalleled data processing capabilities will yield multiple benefits for businesses across a range of sectors, “said Gerry Buggy, Chief Strategy Officer KX. “Enabling both huge increases in performance and significant reductions in infrastructure costs and TCO, the partnership gives firms the capability to extract maximum value from their data leading to better business decisions.”

The Ericsson Industry 4.0 Partner program is a vehicle for solution providers who offer their technologies as a part of the Industry 4.0 ecosystem. This program sets the standard for recognizing a partner’s investment in the tools and processes necessary to provide high return on investment for industrial customers using cellular connectivity as the foundation for their Industry 4.0 initiatives.

Purpose-built for industrial environments, Ericsson Industry Connect is a dedicated wireless cellular network that provides secure, reliable coverage, high device density, and predictable latency. Leveraging this connectivity solution, enterprises can gain full visibility of machines, processes and data, using 4G/LTE now with a clear path to 5G. Ericsson Private Networks provide high reliability, high performance and secure communications, fulfilling business critical and mission critical needs. The solutions enable integration of diverse devices across a wide range of applications for industry enterprises.

“Ericsson is working with companies like KX to nurture the ecosystem and ensure seamless and secure Industry 4.0 deployments,” said Thomas Noren, Head of Dedicated Networks at Ericsson. “We are pleased to see the growth of technologies that focus on the connectivity that underpins digitalization for Industry 4.0.”

About First Derivatives/Kx

Kx is part of FD, a global technology provider with 20 years of experience working with some of the world’s largest finance, technology, automotive, manufacturing and energy institutions. Kx Streaming Analytics, built on the kdb+ time-series database, is an industry leading high-performance, in-memory computing, streaming analytics and operational intelligence platform. It delivers the best possible performance and flexibility for high-volume, data-intensive analytics and applications across multiple industries. The Group operates from 14 offices across Europe, North America and Asia Pacific, , and employs more than 2,500 people worldwide.