Latest news with #Ultimo
Yahoo
5 days ago
- Business
- Yahoo
Ultimo, an IFS Company, Accelerates US Growth with Acquisition of FSI Software
Enterprise asset management company's second U.S. acquisition in 12 months expands healthcare innovation capabilities and deepens commitment to the region ITASCA, Ill., Aug. 6, 2025 /PRNewswire/ -- Ultimo, the AI-augmented enterprise asset management (EAM) software company, today announced it has acquired FSI, a U.S.-based category leader in healthcare facilities and healthcare technology management software. This acquisition marks Ultimo's second in the U.S., its third overall since 2024, and reflects its strategic commitment to the region's long-term growth. FSI has the only computerized maintenance management system (CMMS) platform purpose-built for healthcare service professionals. Its solutions span digital transformation, data management, and in-person asset discovery - serving over a thousand departments across hospitals, healthcare systems, and universities. "Hospitals and healthcare operators are under pressure to digitize fast, stay compliant, and drive down risk in environments where asset performance directly impacts patient care," said Steven Elsham, CEO of Ultimo. "By bringing FSI's trusted capabilities together with Ultimo's EAM capabilities and AI-first vision, we're delivering a suite of solutions and intelligence customers need to take control of their assets, reduce operational friction, and drive measurable impact." The acquisition builds on Ultimo's long-standing expertise as the market leader in healthcare asset management in the Netherlands and Belgium and unlocks a deeper presence in the U.S.'s asset-intensive industries. Ultimo will continue the investment to drive market leadership for FSI, with a focus on providing stability for FSI customers. Ultimo's U.S. momentum includes the 2024 acquisition of Mainsaver and new strategic partnerships with ABS, TwinThread and Q-mation in 2025. These moves support a growing customer base, including CDF, AC Foods, Conmet, and Rockfon Chicago - and underscore Ultimo's deliberate, sustained expansion in the region. "This is an exciting new chapter for FSI and its customers as we accelerate investment in solutions that equip customers to tackle regulatory complexity, drive operational efficiency, and accelerate digital transformation," said Zachary Seely, CEO of FSI. "Our customers will have the opportunity to access Ultimo's AI-first roadmap, including its agentic AI framework." Fueled by relentless innovation, Ultimo was recently named a Leader in the Verdantix Green Quadrant®: EAM Software Report, earning top marks for both market momentum and product capabilities. Adding to this recognition, Ultimo also received Gartner Peer Insights' Customers' Choice designation for its EAM solution, as part of the IFS offering. This acquisition has been signed and closed by Ultimo. For more information about Ultimo's AI-augmented approach to enterprise asset management, visit CONTACT: This information was brought to you by Cision The following files are available for download: Ultimo - FSI Lock Up Dark View original content: Sign in to access your portfolio
Techday NZ
24-07-2025
- Business
- Techday NZ
ABS Consulting partners with Ultimo to enhance asset management
ABS Consulting has announced a strategic collaboration with Ultimo to deliver enterprise asset management services to clients in sectors such as manufacturing, logistics and energy. The arrangement will see ABS Consulting providing end-to-end implementation, seamless data integration and ongoing support for Ultimo's cloud-based enterprise asset management (EAM) platform. According to both companies, this is intended to enable clients to transition from reactive maintenance approaches towards proactive, data-driven asset strategies, aiming to maximise asset value, mitigate operational risks and achieve cost efficiencies. Partnership details Harriett Turner, Vice President, Operational Risk at ABS Consulting, said the partnership would enhance the company's ability to support clients in asset management. In her statement, she noted: "Our collaboration with Ultimo enhances our ability to deliver innovative asset management solutions. By integrating Ultimo's cutting-edge technology with our decades of expertise in risk management and operational reliability, ABS Consulting is well placed to help clients maximise the value of their assets. This collaboration allows us to provide specialised strategies that not only optimise operations but also influence long-term value through enhanced safety, reduced downtime and measurable cost savings." Maddy Hawkins, Head of Partnerships for Americas at Ultimo, commented on the strengths that ABS Consulting brings to the collaboration: "ABS Consulting brings an incredibly talented team of asset management and reliability experts with a phenomenal track record of customer success to our growing network in North America. As AI and advanced technologies become increasingly important in asset management, Ultimo is committed to leading the way in shaping the future of EAM, and we are confident that ABS Consulting will help us deliver tangible results." The partnership is positioned to help industrial businesses apply EAM solutions that suit their sectors' specific needs, covering both operational technology and digital asset oversight. ABS Consulting's experience and Ultimo's cloud-based technology are expected to play a part in improving maintenance practices and asset visibility for clients. Enterprise asset management focus ABS Consulting stated that the collaboration reflects its own standards for innovation and customised solutions for clients. Ultimo's ongoing product development, focus on research, and commitment to expanding its network were cited as factors that complement ABS Consulting's mission. The integration of EAM technology with ABS Consulting's risk management services will be aimed at supporting global industrial firms to maintain regulatory compliance, operate safely and seek long-term financial resilience. The companies expect their combined approach will deliver value by aligning maintenance processes with data-led decision making and operational best practices. Background on the firms ABS Consulting provides risk management, engineering and data science services, with experience supporting marine and offshore, oil, gas and chemical, government, power and energy, and industrial clients. The company employs more than 700 people worldwide. Ultimo delivers EAM solutions to more than 2,400 customers internationally, supporting over 120,000 technicians who oversee more than 15 million assets. Its software suite is designed to address maintenance, uptime, safety, cost control and efficiency requirements for clients in manufacturing, logistics and healthcare. With the new partnership, ABS Consulting and Ultimo aim to help industrial firms respond to challenges around maintenance, asset reliability and compliance, supporting them in adopting EAM systems that are tailored to sector-specific operational priorities and safety objectives.
Scotsman
07-06-2025
- Entertainment
- Scotsman
How we all played a part in the creation of Michelle Mone
Sign up to our daily newsletter – Regular news stories and round-ups from around Scotland direct to your inbox Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Sometimes the past comes back to haunt you. I was about 20 minutes into watching the BBC's new Michelle Mone documentary when a familiar figure appeared on screen. More than 20 years ago I presented a series called 'The Talent' focussing on prominent Scots. Each episode followed an individual at home and work to try to understand the secrets of their success. The cast included chef Gordon Ramsay, actor Brian Cox, yachtswoman Shirley Robertson and a young entrepreneur from the East End of Glasgow. Advertisement Hide Ad Advertisement Hide Ad This was still the early stage of the Michelle Mone story. The business was growing fast but had not yet become international or controversial. Michelle Mone shows off her OBE, awarded at an investiture ceremony at Buckingham Palace in 2010 (Picture: Dominic Lipinski/WPA pool) | Getty Images Button to summon butler I remember filming in cramped offices in a back street in Glasgow where boxes of Ultimo bras were piled high. Michelle was friendly and upbeat. Wearing her own product, she prodded her chest. 'It feels just like breast tissue. Have a feel if you want?' I declined the invitation. We were keen to film with her at home, to try to understand how she balanced raising a young family and working alongside her husband in the business, but that territory was firmly off limits. Instead we were offered the chance to catch up at Claridge's in London where Michelle was picking up an award. In her suite upstairs, she talked about her pride in moving from humble beginnings in Dennistoun to the plush surroundings of a luxury West End hotel. I recall her excitedly showing me a button on the wall that allowed her to summon her own butler. Advertisement Hide Ad Advertisement Hide Ad Back then, there were no difficult questions to ask. The story was what it was. More than 20 years on, things are very different. The bra business has been sold, the old husband has been replaced by a billionaire and Michelle from Dennistoun is now Lady Mone of Mayfair. PPE Medpro, a company she is linked to, is also the subject of a National Crime Agency investigation over the supply of PPE during the pandemic. She denies doing anything wrong. A girl-power narrative Hindsight's a wonderful thing but there is no doubt Michelle Mone's rise to fame should have had tougher scrutiny at the time, but her apparent success was taken at face value. I suspect the problem was that many people wanted to believe the story. At a time when business was still driven by middle-aged men in suits, here was a young woman who possessed few qualifications but did have a seemingly endless supply of drive, determination and ambition. Advertisement Hide Ad Advertisement Hide Ad She wanted to build a good life for herself and her family and to be the woman to make a better product for women than the one currently being designed and marketed by men. What's not to like about that? She also emerged at a time when Page 3 was in decline and newspapers were under pressure to reduce their use of salacious photos of the female form. Then along came a female entrepreneur actively pushing images of women in underwear as part of a girl-power narrative. The whole thing was a gift.
Daily Mail
29-05-2025
- Business
- Daily Mail
Penny Lancaster swipes 'karma gets you' about new doc on the 'fall' of Michelle Mone - two decades after their dispute
Penny Lancaster swiped 'karma gets you' about the new BBC documentary on lingerie tycoon Michelle Mone. Thursday's instalment of ITV 's Loose Women saw panellists Kaye Adams, Nadia Sawalha, Penny Lancaster and Brenda Edwards sit down and discuss the day's hot topics. During the show, Kaye brought up the BBC One documentary titled The Rise and Fall of Michelle Mone. The two-part series delves into the story of the high-profile businesswoman who founded lingerie brand Ultimo. Her husband's, Doug Barrowman, company PPE Medpro has come under scrutiny after it was awarded contracts worth more than £200million to provide equipment during the pandemic upon Baroness Mone's recommendation. Any wrongdoing has been denied. From A-list scandals and red carpet mishaps to exclusive pictures and viral moments, subscribe to the DailyMail's new Showbiz newsletter to stay in the loop. Penny Lancaster swiped 'karma gets you' about the new BBC documentary on lingerie tycoon Michelle Mone as she appeared on Thursday's instalment of Loose Women Penny, who married Rod Stewart in 2007, modelled lingerie for Michelle's underwear company, Ultimo in 2002 but was axed after two years (Michelle pictured in 2019) Penny, who married Rod Stewart in 2007, modelled lingerie for Michelle's underwear company, Ultimo in 2002 but was axed after two years, the Express reported. 'So she asked you to come and model her lingerie very early on didn't she?' Kaye asked. 'And then she, without telling you, replaced you with Rachel Hunter who was Rod's wife,' Kaye added. Penny silently nodded and admitted: 'I wasn't informed of the documentary, someone told me it was coming out. 'It didn't surprise me because karma gets you, I guess, but as far as any details I'm prepared to talk about. 'It would have to be the right time and place for that and I've put it behind me for the time being.' Kaye probed, 'I get that and I totally respect it, but it must have been a difficult period of your life I presume?' Penny nodded and agreed, 'It was a very difficult time, yeah, but you know.' During the discussion, Kaye read out a quote from Rod Stewart that he said 20 years ago about the lingerie situation. She read: 'Michelle really needs to be put in her place and if this is revenge, so be it, I'm sticking up for my old lady. 'Penny doesn't want to admit it but she has been hurt by all of this, she's been in tears, Penny is a beautiful girl, I love her and I hate to see her hurt in this way. 'She did nothing wrong, put yourself in her place. How do you think she feels to be told she's being replaced by Rod's ex-wife.' Penny explained that she prefers to 'rise above it and be the better one'. A spokesperson for Michelle Mone told MailOnline: 'I am deeply disappointed by the BBC's decision to broadcast a programme using misleading and one-sided accounts of my life and career. 'I hope that the programme does not discourage young women from pursuing their ambitions. The allegations relating to my husband's company, PPE Medpro, will be defended in court.'
The Guardian
28-05-2025
- Business
- The Guardian
The Rise and Fall of Michelle Mone review – a thrilling dive into a life of money, models and political scandal
In the 1990s, Michelle Mone saw an opportunity. She was in her late 20s, so the story goes, on holiday with her young family in Florida, and flicking through a magazine, when she saw an advert for the 'Monique': a breast-enhancing bra insert, or what we'd now call a chicken fillet. It sounds like the unlikely start of a business empire, but what began there would ultimately grow into Ultimo, the lingerie brand established by Mone and her first husband, Michael. For a time it looked set to compete with the big guns of the underwear world. The Rise and Fall of Michelle Mone is a gripping two-part documentary, which first examines how Mone rose to fame and entered the heart of the political establishment, before moving on to look at her more recent nosedive into scandal and a different sort of notoriety, in next week's episode. As Mone built her brand of bras out of a small warehouse in Glasgow, she also constructed her own legend. This is a tale of tits and assets, then, but in the way that all great BBC documentaries can be, it is also a story of culture and politics, and a broad portrait of an era, as well as a focused portrait of a person. Mone found success and fame during the late 90s, at the tail-end of Cool Britannia, in a decade still flashing the Vs of girl power, its cleavage squeezed in, up and out. By all accounts, Mone knew how to spin a yarn and put that talent to good use. Ultimo was pitched as the plucky Scottish David to the big lingerie Goliaths such as Gossard and Playtex. The documentary reports she liked to claim that Julia Roberts wore an Ultimo bra in the movie Erin Brockovich, a tale which passed into myth. The costume designer on the film denied this. Publicly, she was seen as a tough, tenacious girl-done-good in the largely male world of big business. On the surface, this is a retelling of the Michelle Mone fairytale. She grew up in poverty in Glasgow's East End and left school at 15 with no qualifications. She grafted her way into the business world, working her way up from selling fruit and veg, via a modelling career and eventually landing on lingerie. The documentary is detailed enough that it tracks down a childhood friend and a modelling colleague, as well as talking to former contacts and advisers. It even interviews Selfridges' lingerie buyer in the late 90s, Virginia Marcolin, who gives a convincing account of the persistent woman she met back then, who was determined to get her product into one of the biggest department stores in the UK. You can see what people saw in Mone. Quite literally, in fact. There is lots of footage from that time, as she was keen on having cameras around to document her rags to riches story, and to keep the brand, and herself, in the public eye. There are ample clips of her launching the Ultimo bra, trying to expand into Australia, and her then-new house, in which her first marriage was beginning to show signs of trouble. She talked about that, too, on TV, on chatshows, on panels. She became a celebrity, and in Ultimo's careful choice of models, sometimes famous themselves, the brand fed the celebrity machine. It was a successful ecosystem of notoriety, but whether it was as successful a business as it appeared is one of the many questions asked here. In some ways, this is a parable of fame. Mone courted it and won it, but eventually learned that once you turn on the faucet of public attention, trying to turn it off again is a sisyphean task. Even as the Ultimo launch succeeds, there are hints of choppy waters under the smooth public image. The documentary makers question Mone's relationship with the truth and say that of the more than 50 people who worked for Ultimo they approached, none would speak on camera, and those who did, gave less-than-flattering accounts of the workplace and asked for their identities to be hidden. Now, Mone is perhaps less famous for her business acumen than she is for her involvement in the lucrative 'VIP lane' PPE scandal with her husband, Doug Barrowman, which was brought to public attention by a Guardian investigation (both deny any wrongdoing and have never been arrested or charged, though do stay for the legal notes at the end of episode two, which are unusually entertaining). It builds towards their notorious interview with Laura Kuenssberg, at the end of 2023, and the second episode is a great success as an investigative thriller, carefully laying out the claims that have been made against them. But this also works as a cultural artefact, and surely Mone, of all people, would appreciate that the story makes very good television. The Rise and Fall of Michelle Mone aired on BBC Two and is on iPlayer now.
