▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | Italian Channel Awards | Italian Project Awards | Italian Security Awards | ...
InnovationOpenLab

AI Made in Italy: Vedrai completes acquisition of Premoneo

The company developing AI software for pricing, forecasting and segmentation is now fully owned by Vedrai Group

Companies

The new year brings another key step in the growth path of Vedrai Group, founded in 2020 in Milan, Italy and already established as a key player in Artificial Intelligence solutions. Vedrai has just completed the acquisition of Premoneo, a company specializing in AI software to support strategic business activities such as pricing, forecasting and segmentation. By acquiring 49 percent of the company, adding to the previous 51 percent already acquired in September 2021, Vedrai retains the entire Premoneo team and integrates the company's products among its AI solutions.

The acquisition is in line with the strategy pursued by Vedrai Group to consolidate itself as a champion of the new Made in Italy tech, and to set up an Artificial Intelligence hub able to compete at an European level. A goal reached by aggregating the best expertise in the field through joint ventures, such as Fermai, which makes predictive maintenance available to the manufacturing sector, and Vedrai Data Intelligence, which supports SMEs in organizing data, and acquisitions, such as Indigo.ai, a "no-code" platform, and now Premoneo, which operates in industries such as hospitality, travel, retail, banking and insurance.


Diego Maccarelli, Head of Corporate Finance at Vedrai

"Welcoming Premoneo's people and skills within our team allows us to bring to full fruition the synergies behind this operation and further accelerate Vedrai Group's growth within the Italian technology ecosystem. Vedrai's technology and Premoneo's technology complement each other: together, we will be able to develop an integrated solution that will enable us to make processes increasingly efficient and continue in our mission to support companies in making decisions, reaching more and more sectors”, said Diego Maccarelli, Head of Corporate Finance at Vedrai.

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

RSA at Cybertech Europe 2024

Alaa Abdul Nabi, Vice President, Sales International at RSA presents the innovations the vendor brings to Cybertech as part of a passwordless vision for…

Italian Security Awards 2024: G11 Media honours the best of Italian cybersecurity

G11 Media's SecurityOpenLab magazine rewards excellence in cybersecurity: the best vendors based on user votes

How Austria is making its AI ecosystem grow

Always keeping an European perspective, Austria has developed a thriving AI ecosystem that now can attract talents and companies from other countries

Sparkle and Telsy test Quantum Key Distribution in practice

Successfully completing a Proof of Concept implementation in Athens, the two Italian companies prove that QKD can be easily implemented also in pre-existing…

Most read

CTG Appoints Dan Stoke Vice President of U.S. Healthcare Business

CTG, a Cegeka Group company (the "Company") and a leader in digital transformation and IT solutions, today announced the appointment of Daniel (“Dan”)…

Mexico Gift Card Market Report 2025: Strong Growth Projected with Evolving…

The "Mexico Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Q1 2025 Update" report has been added to ResearchAndMarkets.com's…

Siemens Healthineers' AI, Imaging & Digital Health Tech Initiatives -…

The "Enterprise Tech Ecosystem Series: Siemens Healthineers AG" company profile has been added to ResearchAndMarkets.com's offering. The report provides…

Hyperscale Data Centers Industry Report 2025, with 20+ Company Profiles…

The "Hyperscale Data Centers - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering. The global market for Hyperscale…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!