KONUX strengthens its operations with former Deutsche Bahn Board Member Volker Kefer

13.11.2018

Munich. KONUX continues to strengthen its operations with yet another high-caliber industry expert: following the recent additions to its Management Team, Dr. Volker Kefer is now supporting the Munich IIoT start-up in an advisory role. Up to the end of 2016, he was a Member of the Executive Board of Deutsche Bahn AG, most recently as Vice Chairman of the Executive Board and for the Infrastructure, Services and Technology divisions. Among other activities, Volker currently also serves as Chairman of the Supervisory Board of Vossloh AG and acts as a consultant.

KONUX combines smart sensors and AI-based analytics to enable higher train punctuality and network capacity through predictive maintenance planning and an optimized utilization of railroads.

In his work for KONUX, Volker Kefer will be focusing strategically and operationally on projects in the context of expanding both the product portfolio and internationalization. By the end of the year, KONUX aims to be active in more than half a dozen countries.

KONUX CEO Andreas Kunze stated: "We are delighted to have Volker Kefer, with his decades of industrial experience, support our young company. With Volker Kefer, a proven expert of railway industry and technology comes on board. He stands for deep industry know-how and for technological and operational excellence. Together with our own IT and AI expertise, this is another important step in the development of our company."

With his new assignment, Volker Kefer fulfills his long-standing wish: "In the third phase of my professional life, I have always wanted to work in an entrepreneurial capacity. KONUX, a start-up company with excellent management, offers great opportunities to bring together technical experience as well as management and entrepreneurship. This is an outstanding mix and I am very confident, we can make something of it together, particularly since KONUX’ digital technology offers railway companies many opportunities to increase the availability of their systems."

Following the successful financing round in April of this year, the new additions to the KONUX Management Team, joining from corporations like Tesla, T-Systems International and Accenture, as well as Volker Kefer’s appointment, KONUX now plans to rapidly expand both its internationalization and product portfolio.

About KONUX

Munich-based IIoT AI company KONUX integrates smart sensor systems and AI-based analytics to deliver asset insights in real time and to enable its customers to switch to predictive maintenance. The end-to-end solution helps clients continuously monitor their infrastructure, identify maintenance needs ahead of time, and improve operational efficiency. KONUX’ mission is to empower the rail industry to operate with the highest availability. Since its foundation in 2014, KONUX has raised $38M from world leading investors and expanded in Europe and to Asia. For more information please go to www.konux.com.

Contact

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

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