LATEST NEWS

Michael Alexander Schneider appointed CEO of idealworks

Michael Alexander Schneider becomes CEO of idealworks, the BMW Group’s Logistics Innovations spinoff. He completes the management team of the rapidly growing technology start-up, consisting of Karin Korber (CFO), Markus Bauer (COO), and Jimmy Nassif (CTO).

Munich. Michael Alexander Schneider becomes CEO of idealworks, the BMW Group’s Logistics Innovations spinoff. He completes the management team of the rapidly growing technology start-up, consisting of Karin Korber (CFO), Markus Bauer (COO), and Jimmy Nassif (CTO).

The idealworks advisory board has appointed Michael Alexander Schneider as Chief Executive Officer of the BMW Group spinoff effective June 1, 2021. Schneider previously worked in Corporate Strategy, M&A and Cooperations at BMW AG.

“With Michael, the idealworks advisory board welcomes an innovative manager with years of strategic and operational expertise. He will accelerate both idealworks’ innovation portfolio and the long-term course of growth we have embarked upon, exploiting the immense potential of the market for autonomous logistics systems,” states Dr. Rainer Feurer, Senior Vice President Corporate Investment Management BMW Group.

Schneider looks back on many years of experience in strategy consulting and the BMW Group. Over the past 14 years, he was initially responsible for managing strategic projects in sales and production. He then headed up the global business development of Rolls-Royce Motorcars Ltd. in the UK before taking over operational responsibility for the Asia-Pacific region, based in Singapore. Returning to BMW Corporate Strategy in Munich, he actively drove the establishment of the company idealworks, together with the current management team.

“With the autonomous mobile robot iw.hub, the control unit iw.brain, and the cloud-based fleet management software AnyFleet, idealworks has some of the most future-oriented intralogistics solutions on offer, and has written a remarkable story of innovation and growth in a few short months since its launch,” adds Michael Alexander Schneider. “I’m very excited to join such a strong and dynamic team that is already proving to be a game changer in the logistics industry, adding substantial value for companies worldwide.”

About idealworks:

Headquartered in Munich and founded in November 2020 as a wholly owned subsidiary of the BMW Group, idealworks is specialized in the development of autonomous transport robots, their control unit and their fleet management software. As an international company dedicated to driving innovation and accelerating the adoption of autonomous logistics, the spin-off is changing the way intelligent robots work. Leveraging the latest technology, and a steadfast software-first approach, idealworks is focused on building the most intelligent, flexible, and collaborative logistics services. With the CE certified autonomous mobile robot iw.hub, the control unit iw.brain, and the cloud-based control platform AnyFleet, idealworks combines industry-leading computing power and proven hardware to autonomize intralogistics workflows in industrial environments.

www.idealworks.com


 

Liat

Recent Posts

Quantum Machines to Establish Flagship Hub at the Illinois Quantum and Microelectronics Park

New collaboration will establish a quantum-control–enabled center at the IQMP to accelerate and scale fault-tolerant…

2 days ago

SENAI raises $6.2M to launch real-time intelligence for threats hiding in online video content

With a seed round led by 10D Ventures, SENAI emerges from stealth to help government…

2 days ago

Dassault Systèmes and NVIDIA Partner to Build Industrial AI Platform Powering Virtual Twins

 Shared industrial AI architecture combines Virtual Twins and AI infrastructure deployable at scale. Science-validated world…

2 days ago

New Power Module Enhances AI Data Center Power Density and Efficiency

Microchip’s MCPF1525 power module with PMBus™ delivers 25A DC-DC power, stackable up to 200A The…

4 days ago

Datarails Launches Spend Control to Give CFOs Full Visibility on Contracts and Eliminate Zombie Subscriptions

New AI-powered platform – the first with full ERP integration – includes an AI agent…

4 days ago

AccuLine reports 94% sensitivity in clinical trial of its 4-minute cardiac diagnostic system

The study validated the CORA system’s ability to rule out coronary artery disease with a…

6 days ago