IMS EVOLVE Revenue and Competitors

IMS Evolve is an Internet of Things (IoT) company reducing waste, maintenance costs and energy consumption for its customers with an innovative machine learning platform. The IMS Evolve platform delivers digital transformation without the need for costly capital investment by enhancing, not replacing, existing infrastructure. \n\nGiving customers estate-wide asset-level insights that enable monitoring and management of mission-critical refrigeration, lighting, security, ATM and HVAC infrastructure, the platform improves efficiencies and reduces waste through software-driven automation and action. Building IoT into the heart of its customer’s operations, the IMS Evolve data layer acquires, normalises, processes and translates data from legacy and new infrastructure into real-time, actionable intelligence. This approach that has been shown to deliver digital transformation and near instant return on investment without the requirements for costly capital investment for some of the world’s biggest companies in retail, energy and financial services.\n\nFounded in 1999, IMS Evolve’s clear mission is to innovate by improving business efficiency and enhancing the customer experience, all whilst making a positive change to a company’s environmental footprint. IMS Evolve is headquartered in the United Kingdom, and in 2017, successfully set up operations in North America to meet rapidly increasing demand. The 100-strong company now also has a large team working in Bentonville, Arkansas, and has deployed its solution in over 8,000 retail sites worldwide. In 2019, IMS Evolve was named as one of Britain’s fastest growing SME exporters.