Skkynet Appoints M&A Expert Shaunna Balady to Advisory Board to Drive Industry 4.0 Expansion

By Burstable New York Team

TL;DR

Skkynet appoints Shaunna Balady to its Advisory Board, gaining strategic M&A expertise to accelerate growth and capture market share in the industrial data sector.

Skkynet's appointment of Shaunna Balady leverages her 20+ years of executive leadership in software and industrial automation to refine strategic roadmaps and execute growth plans.

Skkynet's enhanced leadership aims to advance secure, real-time industrial data connectivity, potentially improving operational safety and efficiency across global industrial systems.

Shaunna Balady brings experience from over 100 transactions worth $20 billion to Skkynet's Advisory Board, focusing on connecting industrial data to cloud and AI systems.

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Skkynet Appoints M&A Expert Shaunna Balady to Advisory Board to Drive Industry 4.0 Expansion

Skkynet Cloud Systems, Inc., a provider of real-time data communication technology for industrial systems, has appointed Shaunna Balady, a Managing Partner at Paragon Software Advisors, to its Advisory Board. The appointment is a strategic move as the company accelerates its expansion into Industry 4.0 and Industrial AI markets. Balady brings over two decades of executive leadership in mergers and acquisitions, strategic planning, and growth within software and industrial automation to the role.

Balady's background includes senior leadership roles at major industrial technology firms such as GE, Rockwell Automation, and AVEVA, where she drove global business development and executed complex strategic transactions. Throughout her career, she has completed over 100 transactions totaling more than $20 billion in enterprise value across five continents. She has also served as Chief Operating Officer of an industrial application software company, leading it to a profitable exit. This extensive experience is directly relevant to Skkynet's current growth phase.

"We are delighted to welcome Shaunna Balady to our Advisory Board," said Gary Tillery, CEO of Skkynet. "Shaunna's track record of generating value through strategic M&A and her deep understanding of the SaaS and industrial software landscape will be invaluable as we scale our operations." Tillery noted that her experience aligns with Skkynet's mission to become the standard for secure, real-time industrial data connectivity. The company's solutions aim to bridge plant systems, cloud platforms, and AI to enable intelligent operations across industrial verticals while maintaining security and data privacy standards.

Balady expressed excitement about supporting Skkynet's innovation and market growth. "Skkynet is uniquely positioned to solve one of the most critical challenges in the industrial sector: securely connecting real-time data to the cloud and AI systems," she said. "I have watched the company's technology gain traction among major global players, and I look forward to working with Gary and the leadership team to refine our strategic roadmap and unlock new growth opportunities." More information about Skkynet's technology can be found at https://skkynet.com.

This appointment follows other strategic leadership changes at Skkynet, including the recent appointment of Gary Tillery as CEO and Lee Tedstone to the Board of Directors. This indicates a focused effort to capture market share in the evolving industrial data sector. The addition of an advisor with Balady's specific expertise in mergers, acquisitions, and scaling software businesses in industrial markets is a clear signal of Skkynet's ambitions. It suggests the company is not only focusing on technological development but is also preparing for potential strategic partnerships, acquisitions, or other corporate development activities that could accelerate its market position. For stakeholders, this move underscores the company's commitment to transitioning from a technology provider to a dominant platform in the industrial data connectivity space, a critical component for the wider adoption of Industry 4.0 and AI-driven industrial operations.

Curated from NewMediaWire

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Burstable New York Team

Burstable New York Team

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