servitization
(2)
Xyte
Xyte is a cloud platform that lets hardware manufacturers, system integrators, and enterprises connect, monitor, service, and commercialize their connected devices from a single place. Its Xyte Device Cloud (also branded as a Connected Device Management Platform) turns physical products into software-driven, subscription-ready services - handling everything from remote monitoring and firmware updates to billing and AI-assisted support. Founded in 2019 by AV-industry veteran Omer Brookstein and software builder Boris Dinkevich, Xyte works with manufacturers across pro AV, unified communications, smart buildings, medical, and robotics, including names like Crestron, Legrand, Poly, QSC, Biamp, and Panasonic.
Scription
Scription is a Calgary- and Edmonton-born insurtech that flips the economics of equipment repair. Instead of paying technicians by the hour - who earn most when things break - restaurant and commercial operators pay Scription a fixed monthly or annual premium that bundles servicing, parts and coverage into one predictable number. Its Scription360 program and RoofIQ risk-scoring engine use historical maintenance data, predictive analytics and IoT to price insurance-backed subscriptions for individual pieces of foodservice and HVAC equipment, aligning everyone's incentives around uptime rather than downtime.