Share this article Share this article SINGAPORE, Feb. 2, 2021 /PRNewswire/ -- Cloudvidia, a global Software as a Service (SaaS) provider of Industry 4.0 solutions, today announced it is investing in industrial IoT software technology provider, Utvyakta Solutions, specializing in predictive maintenance and energy optimization solutions, operating in India, Sweden and the US. Cloudvidia is also to join Utvyakta's board of directors with the transaction. The partnership will deliver Cloudvidia foundational technology for solution creation for its target market of small and medium sized electronics manufacturers. The partnership positions Cloudvidia to execute a new approach to Industry 4.0 enablement involving a combination of accessible licensing and charging models designed to remove the front-loading of investments typically associated with industrial automation systems.