Overkiz

Overkiz Overview

Company Headquarters: France

Founded: 2007

Workforce: ~70

Company Working: Overkiz engages in the provision of IoT solutions that monitor, control, and install equipment from different manufacturers and technologies from building and home automation. The company provides an IoT platform that includes cloud architecture, gateways, mobile applications, application program interface (APIs), and e-maintenance tools. The company helps service and telecom providers, manufacturers, developers, and smart device distributors to quickly deploy powerful services and solutions. Overkiz is an original equipment manufacturer (OEM) and is a subsidiary of Somfy Group, which engages in the automatic control of opening and closures in homes and buildings. The company operates in Europe, North America, and Middle East, and Asia.

Strategy

Overkiz focuses on enhancing its communications through its BtoB blog to work on customer feedback and product enhancement as per customer feedback. The company investing most of the revenue in product development and product enhancement. The company mainly focuses on providing hardware, cloud solutions, and apps to customers to fulfill their needs.

Company Snapshot

70

Employees

2007

Founded

France

Headquarters

SWOT Analysis

Strengths

Diversified geographic presence
Expertise in IoT gateway services and solutions

Weaknesses

Inefficient management

Opportunities

Emerging markets of Asia present business expansion
Increasing demand for AI- and IoT-based home appliances

Threats

Fluctuating foreign currency exchange rates
Intense competition from global players

Key Developments

Date	Approach	Development
June 2018	Product Launch	Overkiz launched SmartKiz box for smart home and building to remotely control a broad range of connected equipment, which includes energy meters, lighting, security, openings, and heating.
October 2022	Product launch	Overkiz launched Kizconnect. The newly launched Kizconnect stands out within the market due to its technical specifications. One of these features is a DIN Rail gateway with one-click wiring, a living room gateway with embedded WiFi, pairing in just a few clicks from the Pro app, as well as the ability to manage and create scenarios involving multiple products and brands with the user app.

Product Offering

Overkiz
- SMART BUILDING (HARDWARE)
- SMART BUILDING (SOFTWARE)
- Global Smart Building Market

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