Sitetracker's Strategic Acquisition Enhances Renewable Solutions

Boosting Renewable Energy Management with ATLAS Acquisition

Sitetracker is excited to announce its acquisition of the ATLAS software platform from FTC Solar. This strategic move significantly bolsters Sitetracker's already distinguished services in the renewables sector, especially with ATLAS's experience enhancing infrastructure management for over ten years.

Expanding Capabilities in the Renewables Market

The acquisition is a vital milestone for Sitetracker, reinforcing its commitment to leading innovations in both the renewables and digital infrastructure realms. Giuseppe Incitti, CEO of Sitetracker, emphasized that integrating ATLAS's unique features enhances their value proposition. "Our goal has always been to empower our clients by simplifying complex projects, improving data accuracy, and managing diverse workflows efficiently. By bringing ATLAS on board, we greatly enhance our market leadership following a successful quarter of collaborating with over 20 new energy transition clients," said Incitti.

Commitment to Growth and Excellence

With this first acquisition, Sitetracker is not just expanding its offerings; it's also making a strategic statement about its approach to growth. John Hanna, Head of Corporate Development and Strategy, stated, "This landmark acquisition signifies our intention to pursue effective growth paths. We have meticulously screened acquisitions to ensure they align with our long-term vision. There's a wealth of high-quality opportunities still available, especially as the current fundraising landscape presents challenges for smaller companies. We aim to partner with only top-tier organizations in our field, leveraging support from our investors and other critical stakeholders. Our core mission is to partner with companies across the entire asset lifecycle in digital infrastructure and renewables to accelerate the transition to a sustainable and interconnected world."

Future of Solar Tracking and Innovation

Andrew Morse, VP Software of FTC Solar, expressed optimism about the transition of ATLAS to Sitetracker, stating, "We are confident that ATLAS will continue to contribute significantly to the solar industry under Sitetracker's leadership. This change allows us to concentrate on our primary focus—our advanced single-axis tracker systems designed to meet the growing challenges faced by EPCs and asset owners.”

Enhancing Customer Support and Service

With nearly 400 dedicated team members, Sitetracker aims to provide existing ATLAS customers with an enhanced experience. The inclusion of ATLAS features is expected to deliver comprehensive support for Sitetracker's extensive client base, representing a significant step forward in the quest for sustainability. The company's commitment to aiding customers extends beyond expanding their service offerings. They continually ensure that their solutions integrate seamlessly into existing workflows, creating value in every aspect of the customer journey.

A Leader in Asset Lifecycle Management

As a global leader in full asset lifecycle management, Sitetracker collaborates with various innovative companies such as Cox, Telefonica, and EVgo. The company's platform empowers teams involved in digital infrastructure, renewables, and utility operations, helping them manage millions of projects, assets, and sites worldwide. Their cloud-based solution streamlines the planning and deployment processes, providing enhanced operational efficiency for over 350 customers across the globe. This acquisition promises not just to improve internal processes but also to significantly accelerate the transition to a more sustainable future.

About Sitetracker

Founded with the vision of revolutionizing infrastructure management, Sitetracker has positioned itself at the forefront of asset lifecycle management. By enabling companies to effectively manage an extensive range of projects, they are leading the charge toward a connected and more sustainable world.

Frequently Asked Questions

What is the significance of Sitetracker acquiring ATLAS?

The acquisition enhances Sitetracker's capabilities in the renewables sector, allowing for better innovation and customer service.

How does this acquisition benefit existing customers?

It provides customers access to enhanced features and bolsters Sitetracker's overall service offering, improving operational efficiency.

What role does ATLAS play in the renewable energy landscape?

ATLAS has supported major renewables companies for over a decade, bringing valuable expertise and innovation to the energy sector.

Who are some of Sitetracker’s notable partners?

Some of their notable partners include Cox, Telefonica, Cypress Creek Renewables, and Comcast, among others.

What is Sitetracker’s overall mission?

Sitetracker’s mission is to streamline the entire asset lifecycle in digital infrastructure and renewables, promoting a cleaner and more connected world.

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