Match-Maker Ventures (MMV), in a strategic partnership with MYX, the AI-powered digital twin platform, is better serving the needs of tower companies, mobile operators, and system integrators. The strategic partnership, which began earlier in 2022, is already addressing fundamental challenges of the industry, leveraging high-resolution 3D digital twins, extensive use cases, and seamless digital processes to solve time-critical problems for some of the largest tower companies in Europe. Through their powerful technology, MYX is empowering more efficient asset management with up to 50% cost optimization and 70% time saving for customers.
“The management of physical asset networks can be a challenge for many companies around the world, especially in the telecommunication sector where the size and complexity of networks continues to expand,” said Petra Valcsev, Head of Portfolio Management at Match-Maker Ventures. “Cell tower inspections, maintenance, and upgrade planning are often labor and cost-intensive, requiring specialized personnel, equipment, and planning. MYX is disrupting the status quo by fully digitalizing and automating tower asset management, enabling MNOs, tower cos and integrators to achieve an order of magnitude improvement in terms of time, safety, and cost savings.”
MMV will serve as a strategic partner for MYX’s international expansion through the help of its network of 130+ senior industry experts around the world who truly understand current telecom industry trends.
“In the past year, we have developed a strong focus on the telecom industry in light of the growing market opportunities and MMV is proving instrumental in helping our expansion. Clients from every country globally are increasingly focused on optimizing their network and equipment installed on-site, a process which we can enable and support through our technology. This is highly relevant particularly in the context of 5G rollout as it can provide significant cost and time efficiencies,” explained Yavor Mihailov, MYX’s Co-founder & CEO.
The solution offered by MYX complements MMV’s existing portfolio solutions in the telecom sector, further strengthening the company’s offerings in one of several key focus areas.
MYX AD is a technology company focused on developing software solutions for management of large-scale asset networks, combining digital twin technology with AI-powered analytics. Headquartered in Sofia, Bulgaria, MYX services clients internationally, with a particular focus on the telecom sector. Other industries that MYX is disrupting include bridge, road and tunnel inspection and maintenance, renewables, and smart cities. MYX’s founding team consists of six members who come from a variety of backgrounds, bringing together unique expertise in a diverse set of business areas. To date MYX has closed two investment rounds with the latest funding announced in June 2022.
Find more information online at: https://myxrobotics.com/
About Match-Maker Ventures
Match-Maker Ventures (MMV) drives tangible business impact by matching the innovation power of high-growth tech companies with the assets of large corporates. Their thoroughly vetted portfolio scaleups have proven their value through 100+ impactful collaborations across 50+ countries in telecom, financial services, e-commerce, and beyond. Their global network of 130+ senior industry experts enables them to identify the best-fitting solutions for the dynamic needs of organizations, creating “perfect matches” by leveraging their network’s combined industry expertise. Through a thorough match-making process, MMV ensures the right partners collaborate in the right way at the right time.