Fieldbit

Collaboration Platform for Field Services

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

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 augmented reality for field services market.

Business overview

Fieldbit provides an augmented reality (AR) multi-source knowledge platform designed for field service operations. Its core technology offers remote assistance and work instructions, enabling field service technicians to receive real-time information and guidance through interactive collaboration with experts and digital resources. This platform serves industries that manage industrial assets at remote sites, aiming to reduce the need for on-site technician visits, improve first-time fix rates, and minimize downtime. Fieldbit operates within the Industrial Technologies sector, focusing on operational optimization solutions through augmented reality.

Strategic signal

In November 2021, Fieldbit was acquired by Help Lightning. This acquisition signals a consolidation within the augmented reality remote assistance market, indicating a strategic move by Help Lightning to expand its capabilities and market reach by integrating Fieldbit's specialized AR platform for industrial field services.

Company Intelligence Q&A

What was a significant corporate milestone for Fieldbit?
Fieldbit was acquired by Help Lightning in November 2021, leading to its current inactive status.
When was Fieldbit founded and by whom?
Fieldbit was founded in September 2013 by Evyatar Meiron and Shay Solomon.
Which company acquired Fieldbit?
Help Lightning acquired Fieldbit in November 2021.
What was a key partnership for Fieldbit in August 2019?
In August 2019, Agfa partnered with Fieldbit for a remote field services augmented reality solution.