Innovation System

What Innovation System does

Innovation System S.r.l. is an Italian IoT and system integration vendor founded in 2013 in Bassano del Grappa (Vicenza), specializing in energy management and industrial automation solutions for Italian enterprises. The company serves industrial manufacturers, building operators, system integrators, and ESCOs across Italy (with limited international reach via channel partners), addressing fragmented visibility into energy consumption, production asset performance, and regulatory compliance under Industry 4.0/5.0 frameworks. The company reports serving 200+ customers in Italy and abroad, with named case studies spanning metalworking, plastics, food packaging, jewelry manufacturing, eyewear, and municipal smart-city deployments.

The core offering is the OnSystem (OnBoard) IoT platform — a brand-agnostic software layer that integrates standard industrial and building automation protocols (Modbus, KNX, DALI, Bacnet, Profinet) without vendor lock-in, paired with the proprietary AxOn hardware line of multifunction controllers (AxOn E1000 at €610, DM1000 at €800) and third-party network analyzers and sensors (ME431-Q4-3 at €600, Rogowski kits at €120). On top of this stack, Innovation System has layered AI capabilities including the Bender multi-agent system launched in 2025 (coordinating six specialized agents for documentation retrieval, natural-language data queries, anomaly detection, content generation, dashboard management, and device control) and a machine-learning photovoltaic production prediction model. Services include system integration (under the Innovatech brand), building automation, and ongoing maintenance (RevolutiOn).

Revenue is generated through four streams: subscription/licensing of the OnSystem IoT platform, hardware sales (proprietary AxOn controllers plus third-party analyzers/sensors), professional services for system integration projects, and managed maintenance contracts. Distribution is hybrid: direct consultative enterprise sales supported by a structured channel partner program recruiting system integrators, ESCOs, and installers across Italy (with named distributors including ESPiù, Lario Energy, ATS Automazioni, and Manni Energy), plus an e-commerce storefront for standardized hardware products. Marketing is content-led, with 176 published posts, active participation in industry events (Ecomondo, Key Energy, Fuorisalone/Milan Design Week), and co-marketing with sustainability partners SustainMe, Ecoesedra, Kyoto Club, and Bureau Veritas. The company is privately held and founder-managed with no disclosed external funding.

Name

Innovation System

Legal name

Innovation System S.r.l.

Website

https://innovation-system.it

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Innovation System is an Italian IoT vendor providing brand-agnostic energy management and industrial automation solutions via its OnSystem software platform and AxOn hardware line, serving 200+ industrial manufacturers, building operators, system integrators, and ESCOs primarily in Italy.

Ownership category

akta.pro rank

Product category

Industrial IoT Energy Management

NAICS

Computer Systems Design and Related Services (54151), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345)

SIC

Services-Computer Integrated Systems Design (7373), Industrial Instruments For Measurement, Display, And Control (3823), Computer Communications Equipment (3576)

akta.pro primary industry

Industrial Connectivity & Networks (5G/LPWAN/TSN/Industrial Ethernet) (IMAIAMAH)

akta.pro secondary industries

Smart Appliance & Energy Management Integration (HSAHADAG), Wireless Interface Adapters (Wi‑Fi/Bluetooth/Cellular Modems) (HDAFAEAJ), Product/IoT & Smart Device Support (Consumer/Industrial IoT) (BPAAACAH)

Keywords

• Industrial IoT platform
• Energy management systems
• Building automation solutions
• System integration services
• Energy efficiency consulting

Headquarters

HQ city

Loria

HQ country

Italy

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Supply Chain

Revenue model

1. IoT Software Platform Subscription / Licensing: The OnBoard/OnSystem IoT software platform is offered as a core product, typically as a subscription or licensing model, enabling customers to monitor and manage their plants, machinery, and buildings. The platform is customizable per client and is available via channel partners and direct sales.
2. Hardware Sales (AxOn Controllers, Analyzers, Sensors): Sale of proprietary and third-party hardware including the AxOn E1000 (€610) and DM1000 (€800) controllers, ME431-Q4-3 network analyzers (€600), Rogowski sensor kits (€120), and related IoT devices (sensors, gateways, data acquisition modules, LoRa modules, thermoregulation devices). Sold via e-commerce and direct consultation.
3. System Integration and Custom Solutions: Custom technology integration services including requirement analysis, solution design, installation, configuration, testing, and integration with proprietary hardware and software. Offered as a core service alongside software and hardware, likely project-based or as part of bundled contracts.
4. RevolutiOn Assistance and Maintenance: Ongoing maintenance, technical assistance, and support services for installed systems, both remote and on-site. Provided as a continuous service to existing customers to ensure system efficiency and continuity of operations.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

Innovation System sells a vertically integrated IoT ecosystem for industrial and commercial digital and energy transition. Core offerings include the OnSystem/OnBoard IoT software platform (data collection, analysis, monitoring, visualization) with subscription/quote-based pricing, the proprietary AxOn hardware line of multifunction controllers (E1000, DM1000), ME431-Q4-3 multi-circuit network analyzers, Rogowski sensor kits, AI-driven capabilities (Bender multi-agent system, photovoltaic prediction), and complementary services such as system integration, building automation, energy efficiency consulting, and the RevolutiOn maintenance and assistance program.

Product overview

Innovation System offers a unified IoT ecosystem for digital and energy transition, combining the OnSystem (OnBoard) software platform as the central nervous system with the AxOn hardware line (E1000, DM1000 controllers), ME431-Q4-3 network analyzers, and Rogowski sensor kits (KIT-MRC-RJ45). The ecosystem also includes the Bender AI multi-agent system and photovoltaic AI prediction module as AI-powered add-ons. Services include System Integration (Innovatech), Building Automation, and Assistenza RevolutiOn (maintenance). All components are managed through the OnSystem/OnBoard IoT platform, enabling companies to collect, analyze, and leverage data from assets for efficiency and sustainability.

Differentiator

Problem solved

Functional benefit

Brands

• OnSystem: IoT ecosystem and software platform for data collection, monitoring, and analysis of industrial assets, plants, and buildings.
• AxOn
• RevolutiOn
• EnergyGo

Products and services

• OnSystem (OnBoard) IoT Platform Centralized, brand-agnostic IoT software platform for collecting, analyzing, visualizing, and monitoring data from industrial assets, plants, and buildings. Scalable and customizable per client; supports MQTT and standard automation protocols. Sold to industrial enterprises, building operators, ESCOs, and system integrators via subscription, project bundling, or quote-based pricing.
• AxOn E1000 Controller Edge IoT controller combining PLC, MQTT gateway, WebServer, MQTTSystem, Node-Red, and VPNSystem capabilities. Listed at €610 (with options including LTE connectivity). Connects field devices to the OnSystem IoT platform. Targeted at industrial automation, smart buildings (HVAC, lighting, sensors, access control), and energy management use cases.
• AxOn DM1000 Controller Higher-tier edge IoT controller in the AxOn line, combining PLC, MQTT gateway, and remote access. Listed at €800. Supports Codesys and LogicLab programming. Designed for demanding industrial automation and energy management applications and connects to the OnSystem IoT platform.
• ME431-Q4-3 Multi-Circuit Network Analyzer Three-phase multi-circuit power meter (ME431-Q4-3) with RJ45 Rogowski kits. Listed at €600. Enables simultaneous supervision of 4 three-phase circuits, integrated web server for parameter management and real-time measurement, historical data download, and is MID certified to unlock Industry 4.0/5.0 tax incentives for industrial customers.
• KIT-MRC-RJ45 Rogowski Sensor Kit Kit of three Rogowski current sensors compatible with the ME431-Q4-3 power analyzer. Listed at €120. Available in multiple sizes (100A, 300A, 600A, 1000A), 0.5% calibration accuracy, with RJ45 connector for tool-free installation in industrial metering deployments.
• EnergyGo Kit New energy monitoring and management solution kit presented at Ecomondo 2024 as part of the Road to Neutrality sustainability initiative. Targeted at enterprises seeking turnkey energy efficiency and sustainability offerings through Innovation System and its partner ecosystem.
• Bender AI Multi-Agent System Multi-agent AI system built on the OnBoard IoT platform, with an Agent Supervisor coordinating six specialized agents (RAG Tool, Text-to-SQL, Tag Finder, Content Generator, Dashboard Manager, Action Controller). Enables automated customer support, natural-language data queries, report generation, dashboard management, and direct device control for industrial IoT users.
• Photovoltaic AI Prediction System AI-based photovoltaic production forecasting engine using machine learning models that combine historical and real-time data to deliver accurate, plant-specific PV production predictions. Natively integrated with the OnSystem IoT platform for end-to-end energy resource management and ROI optimization.
• Assistenza RevolutiOn (Maintenance & Technical Assistance) Managed maintenance and technical assistance service covering installed systems (both Innovation System and third-party integrated equipment). Provided remotely and on-site with continuous improvement, prevention, rapid interventions, and operational continuity assurance. Sold as an ongoing service contract to existing customers.
• System Integration Services (Innovatech) Custom technology integration services — requirement analysis, solution design, installation, configuration, testing, and integration of third-party devices and systems with the OnSystem platform. Sold as project-based consulting and integration engagements to industrial enterprises, building operators, and ESCOs.
• Building Automation Solutions Building automation service that integrates sensors, IoT devices, and management software for centralized control of lighting, HVAC, security, and other building systems. Sold to building operators, ESCOs, and property owners; supports ISO 52120 certification.
• Energy Efficiency Consulting Services (Efficienza Energetica) Energy efficiency consulting offering: energy diagnosis, action plans for efficiency and sustainability, environmental certifications (ISO 50001, ISO 14064), sustainability reports, LCA/EPD support. Bundled with OnSystem IoT monitoring platform integration. Sold to industrial enterprises and public entities.

Quantifiable outcome

• Energy cost savings of €25,894 per month for a single energy-intensive wood sector customer through EMS platform and integrated consulting
• +4 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability7 records

Feature6 records

Partnerships

Twelve partnerships are on record, tiered minor and core.

• ESPiùminorChannel Partner/ Reseller/ DistributorESPiù is a distributor of Innovation System's OnSystem platform, reselling the IoT monitoring and energy management solution to its customer base in Italy.
• Lario EnergyminorChannel Partner/ Reseller/ DistributorLario Energy distributes Innovation System's energy management solutions, integrating the OnSystem platform into its energy services offering for industrial and commercial customers.
• ATS AutomazioniminorChannel Partner/ Reseller/ DistributorATS Automazioni is an automation company that resells and integrates Innovation System's solutions as part of its automation and control offerings for industrial clients.
• Manni EnergyminorChannel Partner/ Reseller/ DistributorManni Energy, part of the Manni Group, distributes Innovation System's IoT and energy efficiency solutions as part of its comprehensive energy management services.
• SENECAcoreTechnology or IntegrationSENECA is a technology partner providing Z-LTE devices used for data collection and transmission in Innovation System's smart city and public lighting projects. SENECA devices are integrated with the OnSystem IoT platform via MQTT protocol for real-time monitoring and management.
• SustainMecoreStrategic or Co-development PartnerSustainMe Hub is a strategic sustainability partner with whom Innovation System collaborates on ESG reporting, LCA, carbon footprint measurement, and sustainability consulting. Jointly participated in Ecomondo 2023-2024, presenting the 'Road to Neutrality' project and co-authoring editorial content on sustainability for industry.
• EcoesedracoreStrategic or Co-development PartnerEcoesedra is a strategic ecodesign partner collaborating with Innovation System on sustainable product design, LCA, and environmental impact measurement. Jointly participated in Fuorisalone 2025 (Milan Design Week), Digital Green Week, and multiple webinars on ecodesign and impact measurement, with Bureau Veritas certification support.
• Kyoto ClubminorGTM or Marketing PartnerKyoto Club is a GTM/marketing partner with which Innovation System co-hosted a webinar on 'Ecodesign and impact measurement - LCA, Carbon Footprint and digital platforms' during Digital Green Week, expanding reach in the sustainability-focused community.
• Economiacircolare.comminorGTM or Marketing PartnerEconomiacircolare.com is a media/marketing partner providing editorial coverage and interview opportunities for Innovation System. The publication interviewed Co-Founder Elena Lazar on digitalization and IoT for sustainability and covered Innovation System's participation at Ecomondo and other events.
• Designtech / CoFactoryminorStrategic or Co-development PartnerDesigntech/CoFactory is a design and technology innovation partner co-hosting events with Innovation System at Fuorisalone 2025, including a workshop on 'Ecodesign and product chain: design, IoT and data, impact measurement, legal protection and digital product passport'.
• Bureau VeritasminorStrategic or Co-development PartnerBureau Veritas, an international testing, inspection, and certification company, collaborated with Innovation System, SustainMe, and Ecoesedra on a webinar about sustainability measurement, providing third-party certification support for LCA and environmental claims.
• PininfarinaminorGTM or Marketing PartnerPininfarina participated with Innovation System and other partners in the 'Road to Neutrality' project presented at Ecomondo 2023, contributing to editorial content on sustainability published in 'Il Corriere della Sostenibilità'.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• ABB: ABB Ability offers industrial IoT, energy monitoring, and building automation across process and discrete industries. Comparable to Innovation System because it targets overlapping industrial customers with similar energy/asset-monitoring value propositions, but with vastly deeper product breadth.
• Siemens: Siemens' Insights Hub (formerly MindSphere) and SIMATIC energy/building solutions target the same industrial digitalization and energy efficiency use cases. Comparable as a broad incumbent in industrial IoT, factory automation, and smart infrastructure that Innovation System competes with in the Italian mid-market.
• Honeywell: Honeywell Forge and the Honeywell Building Technologies portfolio serve energy, sustainability, and asset-performance use cases in commercial and industrial sites. Comparable as a broad incumbent providing overlapping energy management and connected-building capabilities.
• Schneider Electric: Schneider's EcoStruxure platform bundles IoT, energy management, and building automation for industrial and commercial customers. Comparable because it competes head-on with OnSystem for industrial energy monitoring and sustainability reporting deals, but operates at far larger scale across global geographies.
• Bosch IoT: Bosch IoT (via Bosch Connected Industry and the Bosch IoT Suite) provides industrial connectivity, asset monitoring, and energy management solutions. Comparable as a broader incumbent in industrial IoT and connected-building applications that overlaps with OnSystem's value proposition.

Direct peers

• PTC: PTC's ThingWorx is a leading industrial IoT platform for connecting, monitoring, and analyzing assets. Comparable to OnSystem because it offers a similar application enablement platform with multi-protocol device connectivity and analytics for manufacturers.
• Wattsense: Wattsense provides an IoT box and cloud platform that connects building technical equipment (HVAC, lighting, meters) regardless of brand. Directly comparable to the AxOn + OnSystem combination, including the brand-agnostic multi-protocol positioning.
• Software AG: Cumulocity IoT is Software AG's managed industrial IoT platform for asset connectivity, real-time analytics, and AI. Comparable to Innovation System because it sells a comparable IoT platform layer to industrial customers and competes for the same integration projects.
• Dexma: Dexma is an AI-powered energy management SaaS for commercial and industrial buildings, focused on submetering, monitoring, and efficiency analytics. Comparable to Innovation System because it targets the same energy monitoring and optimization use cases for multi-site customers, often via a partner channel.

Emerging players

• Enerbrain: Enerbrain uses IoT sensors and AI to optimize HVAC and energy consumption in commercial buildings. Comparable to Innovation System's building-automation and energy-efficiency offering, but with a narrower focus on HVAC rather than full industrial asset monitoring.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCHpkpCt-fxQzWBBEVmaQsDA?view_as=subscriber
• Facebookfacebook.com/innovationsystem
• LinkedInlinkedin.com/company/10974482/admin

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Innovation System