PRESS RELEASE
I-care signs a new record contract with a European chemical giant
May 3, 2022 – I-care, the global leader in machine health, signs a new record contract with a European chemical giant to implement its prescriptive and predictive maintenance solutions in 228 of the group’s plants worldwide.
Three months after signing the largest contract in its history with an American leader in the food industry, I-care has signed another contract with a chemical giant. This new contract designates the company from Mons as the reference supplier worldwide for this European chemical group.
Fabrice Brion, CEO of I-care: “This major contract is a new mark of confidence and recognition of the effectiveness of our solutions by major global industrial groups. They call on I-care because we enable them to significantly reduce their industrial risks, whether financial, quality, safety or environmental.”
I-care monitors 24/7 the industrial equipment of thousands of customers in all major industry sectors, with a total value of 67 billion euros. In addition to the food and chemical sectors, the company also serves the pharmaceutical, energy and materials industries.
I-care, which is targeting 35% organic growth per year, achieved 37% growth in the first quarter of 2022, prior to this record-breaking contract signing. The company recently surpassed 600 employees worldwide and is working on opening new offices abroad. Fabrice Brion adds: “We currently have 26 offices in 12 countries (Europe, Americas, Asia), we are opening our first office in Canada, in Montreal, and will inaugurate other offices in the coming months.”
About I-care
I-care is a global leader in machine health. Their AI and data-driven solutions predict industrial failures months or even years before they occur. Thanks to I-care, machines around the world are safer, more productive, and more durable. Founded in 2004 in Mons, the company employs 620 people and has offices in 12 countries (Europe, USA and Asia) with customers in more than 55 countries. I-care won the EY Company of the Year award in 2020.
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