Inxeption opens in Germany to better serve customers in Europe, Southeast Asia and India.
CUPERTINO, Calif., Nov. 16, 2022 /PRNewswire-PRWeb/ -- Inxeption, the leader in Industrial Commerce and supply chain digitization, has launched operations in Frankfurt, Germany, to better serve European industrial manufacturers and complement the company's growing presence in Southeast Asia and India.
Sebastian Stahl, former acting head of Germany at TVS SCS Global Forwarding Solutions, will serve as Inxeption's senior vice president of international business development in Europe. Stahl has previous European supply chain experience as managing director of Conceptum Logistics GmbH AERO and CEO of Conceptum Sport Logistics.
"With Inxeption's initial expansion into Germany, we are focused on enabling our existing commerce partners to become more efficient in the EMEA region, while also helping European industrial manufacturers break into the U.S. market," said Josh Allen, Inxeption's CCO. "Our move into Germany is a crucial first step toward creating a broader global presence; we are bringing Inxeption's industrial commerce expertise and capabilities to new corners of the world to navigate unique, regional supply chain pain points for our commerce partners."
The trans-Atlantic trade lane is an important route for Inxeption's commerce partners, but the company ultimately decided to base its European operations in Germany due to the country's status as the hub of European manufacturing. According to the International Trade Administration, around 15 million German workers are involved in advanced manufacturing industries. The association also expects manufacturers to invest more than $10.5 billion each year, starting in 2025, into smart manufacturing technologies. That figure includes $1.2 billion invested by the automotive industry, and $1.5 billion earmarked for engineering and construction of machinery and equipment facilities.
For Inxeption Energy, this new market represents a significant growth opportunity. German renewable energy demand has grown exponentially in recent years to meet a stated goal of increasing the country's share of renewable energy consumption to 60 percent by 2050, according to the International Trade Administration. That increase in consumption comes with a goal of cutting CO2 emissions by 80 percent. Germany is the largest solar market for both panels and batteries in Europe, and "the outlook for solar in the country looks even more promising," according to SolarPower Europe's Global Market Outlook 2022-2026.
Inxeption currently works with German manufacturers in the solar market, as well as numerous industrial companies in other verticals, enabling them to strengthen their digital supply chain and export their products to the United States.
About Inxeption
Inxeption is the Industrial Commerce SuperApp. Its secure and scalable, cloud-based digital commerce platform brings Capital, Data, Products and Services on-demand for industrial and supply chain businesses. Companies of any size, in any industry, can drive more sales, gain operational visibility and realize cost savings. Inxeption Commerce Partners enjoy access to sell products on the Inxeption B2B marketplace and to develop new online commerce channels by utilizing valuable applications that simplify and streamline logistics and other operations. Inxeption's challenge to the Industrial sector is "Let's Do Business Better."
Media Contact
Jon Ross, Inxeption, 408-461-5275, [email protected]
SOURCE Inxeption
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