Hexagon and Verusen Announce Strategic Partnership to Drive Supply Chain Optimization
Atlanta, GA – March 6, 2025 – Hexagon’s Asset Lifecycle Intelligence division, a global leader in digital reality solutions, today announced a strategic partnership with Verusen, an innovator in AI-driven supply chain intelligence. This collaboration aims to transform supply chain optimization by combining Hexagon’s advanced asset management capabilities with Verusen’s AI-driven inventory and procurement solutions.
The partnership combines the Hexagon Asset Lifecycle Intelligence division’s expertise in data-driven asset management and Verusen’s AI-powered platform to reduce working capital spending and operational efficiencies for businesses across various industries. Together, the two companies will provide customers with enhanced visibility, predictive analytics, and actionable intelligence to streamline their supply chain operations and spare parts inventory management.
“This partnership aligns with our mission to empower organizations with intelligent solutions that drive operational excellence,” said Tom Kurtz, Vice President, Portfolio Strategy & Enablement, EAM Segment Lead, Hexagon’s Asset Lifecycle Intelligence division. “By joining forces with Verusen, we are poised to offer our clients a comprehensive suite of tools that not only optimize asset performance but also revolutionize inventory management and procurement processes.”
“Our shared vision of leveraging technology to transform the MRO supply chain aligns perfectly with the goal of turbocharging Enterprise Asset Management (EAM) and Asset Performance Management (APM) initiatives,” said Scott Matthews, CEO of Verusen. “Together, we will deliver a powerful solution that enhances operational efficiency, reduces downtime, and empowers businesses to navigate supply chain challenges with greater agility and confidence. Best of all, the cost savings unlocked through Verusen make EAM initiatives pay for themselves within the first 12 months – turning optimization into a strategic advantage.”
Verusen’s platform is the only AI solution on the market that has built and trained the largest Large Language Model (LLM) on Maintenance, Repair, and Operations (MRO) inventory data, with more than 50 million individual master data SKUs and more than $10 billion in transactions ingested to date. The strategic partnership between Hexagon and Verusen will initially focus on key sectors such as manufacturing, energy, and transportation, with plans to expand into additional markets soon. Customers can expect to see a range of new offerings and enhancements that drive value and innovation across their supply chain operations.
Verusen will be participating in Hexagon LIVE Global 2025 in Las Vegas June 16-19. Register for the event here, and connect with the Verusen team here.
For more information about the partnership and how it can benefit your organization, please visit hexagon.com/company/divisions/asset-lifecycle-intelligence and verusen.com.
About Hexagon
Hexagon is the global leader in precision technologies at any scale. Our digital twins, robotics and AI solutions are transforming the industries that shape our reality.
Hexagon’s Asset Lifecycle Intelligence division helps clients design, construct, and operate more profitable, safe, and sustainable industrial facilities. We empower customers to unlock data, accelerate industrial project modernization and digital maturity, increase productivity, and move the sustainability needle.
Hexagon (Nasdaq Stockholm: HEXA B) has approximately 24,500 employees in 50 countries and net sales of approximately 5.4bn EUR. Learn more at hexagon.com and follow us @HexagonAB.
About Verusen
Verusen is a leading provider of AI-driven supply chain intelligence solutions. By harmonizing and optimizing inventory and procurement processes, Verusen helps organizations reduce costs, improve efficiency, and increase supply chain resilience. With a commitment to innovation and customer success, Verusen is transforming the way businesses manage their supply chains in a rapidly changing world.
Media Contact:
Jerry Felts
Global Communications/Senior Influencer Relations Specialist
Hexagon’s Asset Lifecycle Intelligence division
[email protected]
+1.256.730.3074
Lettie Barrett
Director of Marketing
Verusen
[email protected]
+1.855.692.8848