Energy and Aerospace: A Natural Alliance for Market Diversification, Technological Innovation and New Opportunities


February 9, 2016, TORONTO, ON & CALGARY, AB – Toronto based tech company, OMX, known for disrupting supply chain management primarily in the defence and aerospace sectors announced today that it is moving into the oil and gas industry. OMX will leverage its existing marketplace to reduce supply chain costs for large oil and gas companies while at the same time providing new opportunities for small and medium enterprises (those suppliers that have been hit hardest by the rapid and sustained decline in oil prices).

OMX is eager to work with energy and aerospace industry leaders at "ConvergX™" - Where Industry Lines Disappear in Calgary, Alberta on February 9-11, Decades of combined experience in the Aerospace, Defence, Security and Energy sectors will come together to seek out synergies, create new opportunities, share experiences and find growth in challenging times.

This event has been many years in planning, initially conceived by WaVv - a Strategic Business Development Company. WaVv primarily focuses on adjacent market connections for industries looking at diversification and opportunities. The idea has grown from one-to-one alliances and partnerships that have been created, to opening the discussion to the entire Energy and Defence industries.

Kimberley Van Vliet - Founder & CEO of WaVv, noted, "Opportunities lie where people are not used to looking, and that can be as simple as looking across to another industry with close or the same capabilities and standards."

President of OMX, Nicole Verkindt stated, "It is critical for any industries to think about market diversification early. Large companies use the OMX platform to reduce their costs by sourcing across sectors and to leverage the innovation lessons already in play in other industries. Smaller suppliers use OMX to gain access to a more diversified customer base that protects them during industry downturns while driving service and technology innovation."

Verkindt added, "For example, OMX subscribers, The Sky Guys, are leaders in drone aerial photography that can help oil and gas producers improve inspection access while significantly lowering those operational costs. Antris, another OMX subscriber, provides remote personnel tracking for those working in large oil, gas and mining operations. Virtual training experts at NGrain or Ova can provide interactive, 3D imaging, mapping and simulations for the often challenging environments of the energy and resource sectors. Pipeline, coating and blasting specialists at ACL Coatings provide custom finishes with leading technologies, reducing costs, improving safety and operational longevity. They are countless opportunities for cross sector synergies across the resource, energy, aerospace and defence industries in Canada and the OMX platform is the marketplace for new partnerships, diversification and innovation."

Companies interested in attending the upcoming ConvergXTM conference "Where Industry Lines Disappear" can sign up here: convergx.co/registration

OMX can be found at theomx.com and are encouraged to book a demo of how to manage supply chain or respond to opportunities in the platform. There is currently data on over 45,000 Canadian companies and over 4,000 active users in the platform.


For More Information

Sara MacIntyre
647-334-8054
saramacintyre@elbowsupcommunications.ca
Elbows Up Communications


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