AMI Global LLC

AMI Global LLC is a provider of industrial Internet of Things (IoT) solutions, focusing on enhancing operational efficiency in the manufacturing and industrial equipment sectors through innovative technology. AMI Global LLC, founded in 2009 and headquartered in Las Vegas, US, specializes in IoT solutions for industrial applications. The company has been involved in 2 significant deals, the most recent occurring on December 31, 2020, when Alfa Laval acquired a 20% minority stake in AMI Global. David Drake serves as the CEO and is also a founder of the company.

AMI Global specializes in providing end-to-end industrial Internet of Things (IoT) solutions designed to enhance operational efficiency for manufacturing and industrial equipment sectors. Their core product offerings include compact IoT gateways, condition monitoring solutions, and a comprehensive cloud platform known as AMI Global Central™. These products enable manufacturers to connect a variety of industrial equipment—such as pumps, blowers, and mixers—to gather both analog and digital machine data for real-time monitoring and alerts. The company primarily targets equipment manufacturers seeking to integrate IoT capabilities into their existing product lines, thereby enhancing their digital business models.

AMI Global's solutions are deployed across various regions, including North America and Europe, serving a diverse client base that spans multiple industries focused on improving performance and customer satisfaction. AMI Global generates revenue through a structured model that primarily involves B2B transactions with equipment manufacturers. The firm offers subscription-based pricing plans for their cloud platform services, allowing clients to access real-time data analytics and condition monitoring features tailored to their specific needs. The commercialization of their IoT solutions often occurs through partnerships, where manufacturers integrate AMI Global’s branded connectivity solutions into their products.

This enables a streamlined revenue stream as clients leverage these IoT capabilities to enhance operational effectiveness. The flagship products, such as the AMI Global Central™ Cloud and IoT gateways, play a pivotal role in the company's revenue model, facilitating ongoing service agreements and support for their customers. Moving forward, AMI Global is focused on launching new products within the next two years that will further enhance their IoT offerings. The company is also targeting expansion into the Asian markets, particularly by 2023, to broaden its customer base.

The recent acquisition of a minority stake by Alfa Laval in December 2020 will be utilized to support these strategic initiatives and bolster product development.