KONUX appoints former TeamViewer CEO Andreas Koenig as new CEO

MUNICH, 29th August 2024. KONUX, a leading AI company in the rail industry, is pleased to announce the appointment of Andreas Koenig as its new CEO, effective September 1. He succeeds KONUX co-founder Andreas Loy, who will continue to work closely with the company as a member of its Board. Prior to joining KONUX, Andreas Koenig served as CEO of ProGlove and TeamViewer, and was a member of the Management Board of Swiss telecommunications company Swisscom.

“We are thrilled to welcome Andreas Koenig as the new CEO of KONUX,” Andreas Loy says. “He is our absolute top choice for my successor, and I am proud that he decided to take on this position. Andreas is a highly experienced manager in the technology sector. I’m confident that with Andreas at the helm, KONUX is well-prepared to enter the next phase of its global growth strategy. Andreas Koenig’s leadership skills, extensive expertise in the technology sector, and longstanding experience with Silicon Valley-based companies make him the ideal CEO to continue building on our company’s success.”

In his most recent role as CEO of ProGlove, a disruptive technology leader for a smarter workforce, Andreas oversaw the sale of the majority stake of the company to equity investor Nordic Capital. Prior to that, he served as CEO of software unicorn TeamViewer for nearly three years. As Head of Swisscom IT Services AG, Andreas successfully merged two business units with 4,500 employees, gaining deep insights into the business needs of a state-owned company.

Andreas Koenig says: “I am very excited about my new challenge at KONUX. The people are great, the products are innovative, and the railway industry is one of the most interesting sectors to use AI solutions to increase customer satisfaction and efficiency in operations at the same time. Just like at TeamViewer and ProGlove, I want to engage with KONUX in products and markets where I can help people improve their work. My goal is to make KONUX an essential partner for railway companies worldwide. By improving the reliability, safety, and efficiency of railway operations, our product positively impacts millions of lives. Additionally, we see ourselves as partners for the railway companies, helping them solve some of their biggest challenges so they can focus on other essential aspects of their operations.”

Dr. Klaus Kleinfeld, Chairman of the Board and investor states: “KONUX has shown impressive growth over the recent months, demonstrating that the industry understands and appreciates KONUX’s innovative solutions, which are adding significant value to their operations. I am very confident that Andreas Koenig, who has repeatedly proven in the past that he is highly capable of driving company growth to a completely new dynamic, will accelerate KONUX’s growth path. Andreas is a perfect addition to the KONUX leadership team, and we look forward to continuing KONUX’s very successful development.”

Dr. Greg Papadopoulos, Partner at NEA, one of Silicon Valley’s premier venture capital firms and KONUX’s largest shareholder, said, “Andreas Koenig has a proven track record in scaling organizations. With a solid background in both software and hardware, he possesses the exact skills we need to further our success. This makes him an excellent fit for KONUX as we expand our market reach and operational capabilities.”

About KONUX

KONUX is an AI leader in the mobility industry, transforming railway operations for a sustainable future. The company combines Machine Learning and IIoT to deliver Software-as-a-Service (SaaS) solutions for operation, monitoring and maintenance process automation. KONUX increases capacity, reliability and cost-efficiency to make railway the mobility choice of tomorrow. Since its founding in 2014, KONUX has expanded to numerous countries in Europe and Asia, and was selected by the World Economic Forum (WEF) as one of the world’s 30 most innovative start-ups and scale-ups worldwide.

Contact

Dr. Hans Juergen Croissant
Company Spokesperson
Tel.: +49 163 7013035
Email: [email protected]