Konux combines machine learning and IIoT to create software-as-a-service solutions for the operation, monitoring, and automation of maintenance processes. the company on rail transport. By increasing capacity, reliability, and cost efficiency, Konux aims to strengthen rail as a mobility option. The startup was founded in 2014 by Andreas Loy, Dennis Humhal, Maximilian Hasler, and Vlad Lata. Loy has served as CEO of the company since then and as Vice Chairman of the Board since 2021.
Andreas König now succeeds Loy as CEO. In his most recent role as CEO of Proglove, a company for employee-centric wearable scanner solutions, Andreas König was responsible for the sale of the majority stake in the company to the private equity firm Nordic Capital. Prior to that, he served as CEO of the software unicorn TeamViewer for almost three years. As head of Swisscom IT Services AG, Andreas König successfully merged two business units with 4,500 employees, gaining deep insights into the business requirements of a state-owned company.
Andreas Loy explained:
"We are delighted to welcome Andreas König as the new CEO of Konux. He was our absolute preferred candidate to succeed me, and I am proud that he has chosen this position. Andreas is an exceptionally experienced executive in the technology sector, and I am convinced that with Andreas at the helm, Konux is well positioned to enter the next phase of its global growth strategy. Andreas König's leadership qualities, his extensive expertise in the technology sector, and his many years of experience with Silicon Valley-based companies make him the ideal CEO to continue our company's success story."
König: “My goal is to make Konux an indispensable partner for railway companies around the world.”
Andreas König says:
"I'm really looking forward to my new challenge at Konux. The team is great, the products are highly innovative, and the railway industry is one of the most interesting sectors for the use of AI solutions to increase customer satisfaction and operational efficiency. Just like at Teamviewer and Proglove, at Konux I want to be involved in products and markets where I can help people do their jobs better. My goal is to make Konux an indispensable partner for railway companies around the world."
Klaus Kleinfeld, Chairman of the Board and investor, praises the development of the startup and the new CEO:
"Konux has experienced impressive growth in recent months. This demonstrates that the industry embraces and values Konux's innovative solutions, as they bring significant added value to their organizations. I am confident that Andreas König, who has repeatedly proven his ability to lead companies to a completely new level of growth, will accelerate Konux's growth trajectory. Andreas perfectly complements the Konux management team, and we look forward to Konux's continued successful development."
And Greg Papadopoulos, Partner at NEA, a Silicon Valley venture capital firm and largest shareholder of Konux, adds:
"Andreas König has an impressive track record of success in scaling companies. With his solid background in both software and hardware, he brings exactly the skills we need to further build on our success."
