Global Energy Solutions Group ENZEN invests in OPTIMITIVE's Industrial Big Data Technology

Aug 11, 2016, 08:10 ET from OPTIMITIVE INTERNATIONAL

LUXEMBOURG CITY, Luxembourg and VITORIA, Spain and SOLIHULL, England, August 11, 2016 /PRNewswire/ --

Enzen Global, a leading Energy, Water and Environmental Solutions company announced today that it has completed an equity investment into OPTIMITIVE, a Spanish firm incorporated in 2008. OPTIMITIVE is a spin-off from one of the leading European Applied Research Centres and is a provider of dynamic and real-time optimisation solution (OPTIBAT) to Industrial processes. The OPTIBAT Energy Saver connects to the industrial process control systems and makes adjustments in reaction to changing conditions such as raw material being used, atmosphere or production rate etc. to achieve the maximum possible energy efficiency without sacrificing output or quality.

OPTIMITIVE aims to be pioneer in the market of smart real time energy efficiency technologies for the Industry 4.0. The capital raised and the alliance with ENZEN represents for OPTIMITIVE a great step for this purpose, since ENZEN can extend the company outreach across four continents. Through the inclusion of OPTIMITIVE solutions into its portfolio, ENZEN will be able to further strengthen its Energy Efficiency offerings to existing and new markets.

About ENZEN

ENZEN (http://enzen.com/ ), head quartered in India and incorporated in 2006 is a global energy, water and environment company providing solutions to the energy and utilities sector worldwide. ENZEN services and solutions are designed and calibrated after in-depth research and understanding of the customer needs, leveraging the rich experience and sound technical and practical knowledge of its practitioners. ENZEN has become a partner of choice, successfully implementing projects for clients across a number of geographies including United Kingdom, Australia, Europe, United States, South and Central Asia

About OPTIMITIVE

OPTIMITIVE (http://www.optimitive.com/en/ ) is a high-tech big data company providing energy saving and efficiency services to process industries. OPTIMITIVE enables clients to complement their existing control and optimization technologies with its own Artificial Intelligence based solutions. In 2013, OPTIMITIVE graduated from the SURGE Accelerator program receiving series A funding from GGM Venture Capital.

"We see a future where every industrial control room will be supported by a smart efficiency assistance system. Our ambition is for OPTIBAT® (our flagship product) to be the first and best in class setting a standard in this market space. - Javier A. García, OPTIMITIVE's Founder & CEO. Javier is passionate about practical application of Artificial Intelligence - that can be deployed to address ecological challenges. He is also enthusiastic about Automatic Machine Learning amongst a wide range of other technologies.)

SOURCE OPTIMITIVE INTERNATIONAL