Fieldbit

Collaboration Platform for Field Services

Industrial Technologies
Acquired (Inactive) by Help Lightning on Nov 2021 - closed due to acquisition
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Company Overview

Snapshot

Founded in September 2013 by Evyatar Meiron and Shay Solomon, Fieldbit operates with 1-10 employees. The company was acquired by Help Lightning in November 2021, marking a significant exit in the industrial technologies sector.

Business overview

Fieldbit develops an augmented-reality (AR) multi-source knowledge platform designed for field service operations. Its core technology provides remote assistance and work instructions to support industrial assets at remote sites, offering field service technicians real-time information and guidance through interactive collaboration with experts and digital resources. The platform serves enterprises seeking to reduce the need for on-site technician visits, improve first-time fix rates, and minimize downtime across various industries by empowering remote teams with AR-driven solutions. Fieldbit operates within the Industrial Technologies sector, focusing on operational optimization solutions and augmented reality.

Strategic signal

In November 2021, Fieldbit was acquired by Help Lightning, signaling a consolidation within the augmented reality and remote assistance market for industrial field services. This acquisition indicates a strategic move by Help Lightning to enhance its offerings and expand its market reach by integrating Fieldbit's specialized AR platform, reinforcing the value of AR solutions in improving operational efficiency and reducing costs for enterprises.

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Company Intelligence Q&A

What was a significant corporate milestone for Fieldbit?
Fieldbit was acquired by Help Lightning in November 2021, marking a key exit for the company in the augmented reality field service market.
When did Fieldbit release its next generation of augmented reality for technical services?
Fieldbit released its next generation of augmented reality for technical services in December 2018.
Which company partnered with Fieldbit for remote field services augmented reality solution?
Agfa partnered with Fieldbit for its remote field services augmented reality solution in August 2019.
When did Fieldbit announce a strategic alliance with InfinityAR?
Fieldbit and InfinityAR announced a strategic alliance to develop software for next-generation augmented reality smart glasses in September 2018.
Which company selected Fieldbit's augmented reality solution to boost field services?
Veolia Water Technologies selected Fieldbit's augmented reality solution to boost its field services in October 2019.
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