Skkynet Appoints M&A Expert Shaunna Balady to Advisory Board to Drive Industrial AI Expansion
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 Cloud Systems, Inc., a global leader in real-time data communication technology for industrial systems, has appointed mergers and acquisitions executive Shaunna Balady to its advisory board. This strategic move comes as the company accelerates its expansion into the Industry 4.0 and Industrial AI markets, aiming to solidify its position in the rapidly evolving industrial data sector.
Balady, a Managing Partner at Paragon Software Advisors, brings over two decades of executive leadership experience in strategic planning and customer-focused growth within the software and industrial automation sectors. Her extensive 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.
"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. Her experience in guiding high-growth technology companies aligns perfectly with Skkynet's mission to become the standard for secure, real-time industrial data connectivity."
The appointment is significant for the industrial technology sector as it signals Skkynet's aggressive push to capture market share in the critical area of industrial data connectivity. As industries worldwide adopt Industry 4.0 technologies and artificial intelligence systems, the ability to securely connect real-time data to cloud platforms has become increasingly vital for operational efficiency and innovation. Skkynet's technology addresses this challenge by providing secure, real-time data connectivity and edge processing for industrial systems.
"I'm excited to support Skkynet as it accelerates innovation and market growth," said Balady. "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. 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."
Balady's appointment follows a series of strategic leadership enhancements at Skkynet, including the recent appointment of Gary Tillery as CEO and Lee Tedstone to the Board of Directors. This pattern of executive appointments demonstrates the company's commitment to building a leadership team capable of navigating the complex industrial software landscape and executing growth strategies in competitive markets.
The industrial software market is experiencing rapid transformation as companies seek to optimize operations, enhance efficiency, and drive innovation through real-time data connectivity. Skkynet's solutions bridge plant systems, cloud platforms, and AI to enable safe, intelligent, and resilient operations across all industrial verticals. For more information about the company's technology and services, visit https://skkynet.com.
Balady's operational expertise is particularly valuable, having successfully led an industrial application software company to a profitable exit as its former Chief Operating Officer. At Paragon Software Advisors, she currently advises software and high-tech business owners on sell-side and buy-side strategies, experience that will inform Skkynet's approach to potential mergers, acquisitions, and partnerships as it scales its operations in the industrial data connectivity space.
Curated from NewMediaWire


