Cambridge, 24 March 2025 - IQGeo, a developer of geospatial software that is “Building Better Networks” for telecom and utility operators, today announced that exclusive negotiations are underway with the goal of acquiring the AI computer vision software developer Deepomatic. The addition of Deepomatic’s AI capabilities will enable IQGeo to enhance its network lifecycle solutions with optimized detail capture and analysis in field operations, creating resilient and efficient broadband and utility networks.
Deepomatic’s software is already deployed globally and has processed more than 20 million jobs in the past year alone, including over half a billion transactions from more than 30,000 daily field users. Using AI-powered computer vision technology, it dynamically analyzes photos taken by field engineers to identify and eliminate errors for rapid, actionable quality control. Operational use cases range from fiber network construction and service activation to meter installations, asset inspections and damage assessment. AI-powered processes ensure ‘right-first-time’ field tasks, reducing costs and improving workflow efficiency while enhancing network data quality.
As an existing technology partner within IQGeo’s ecosystem, Deepomatic and IQGeo already have software integrations in place to support joint customers, with additional projects underway. Combined with IQGeo’s Workflow Manager and Network Manager Telecom, the Deepomatic software provides unmatched geospatial asset intelligence to help network operators create more sustainable and profitable infrastructure.
“We are looking forward to have Deepomatic join the IQGeo team once negotiations are completed and all the required legal and regulatory processes have been undertaken” commented Richard Petti, CEO at IQGeo. “Their AI computer vision software brings a new dimension of network intelligence to our customers, accelerating performance across the operational lifecycle. Deepomatic is already delivering amazing quality control and efficiency benefits to telecom and utility operators and their AI skillset will be strategic in realizing our vision of a predictive and proactive network model. Our combined technology will unlock enormous technical and business opportunities, offering greater speed, precision and insights, so together we can deliver the future today.”
Augustin Marty, CEO of Deepomatic, explained: "By integrating our AI computer vision software with IQGeo’s geospatial expertise, we will be able to redefine what’s possible by empowering companies to create data-driven digital twins. AI is fast becoming integral to successful infrastructure management, and together we will expand our industry footprint, ensuring operators have real-time, end-to-end visibility of their networks.”
The proposed acquisition would mark an important step in expanding IQGeo’s technology portfolio to meet the evolving needs of telecom and utility customers. Following the investment in IQGeo from leading global investment firm KKR in September 2024, the company has focused on accelerating its product innovation, expanding internationally and further strengthening its leadership position in geospatial network management software. Rami Bibi, Managing Director and Head of EMEA for KKR Global Impact, added: “We are proud to support the next step in IQGeo’s growth with Deepomatic. This planned transaction and our continued investment in IQGeo closely align with KKR’s commitment to supporting cutting-edge technology companies that play a critical role in enabling digital connectivity and accelerating the energy transition.”
Both IQGeo and Deepomatic will attend DISTRIBUTECH in Dallas from March 24th to 27th and the FTTH Conference in Amsterdam from March 25th to 27th. Contact IQGeo to arrange a meeting and hear how AI-driven task management is reshaping the future of network operations.
Learn more about how IQGeo and Deepomatic are redefining network lifecycle management with AI.
IQGeo’s acquisition of Deepomatic is subject to completion of the legal and administrative requirements and regulatory review and approval.
Media contact:
Annabel Niemann, Communications Director - press@iqgeo.com
About IQGeo
Telecommunication, fiber, and utility operators are “Building better networks” with IQGeo’s award-winning geospatial network management software. The ability to powerfully model any network requirement, integrate every system and data source, and support field and office teams with continual innovation is helping operators create the networks of the future. Our solutions ensure greater cross-team collaboration and process efficiency throughout the network lifecycle, from planning and design to construction, operations, and sales. Whether it’s highly competitive fiber and 5G broadband rollouts or complex utility grid modernization projects, customers trust IQGeo’s Integrated Network and Adaptive Grid solutions. We partner with large multinationals and smaller regional operators to deliver the digital innovation they need to accelerate time-to-revenue, increase network resilience, improve operational safety, and deliver ROI.
About Deepomatic
Deepomatic is a pioneer in the field of First Time Right Automation. Our AI-based computer vision platform is designed for companies operating critical infrastructures who strive to apply their quality standard at scale and increase the First Time Right rate of their operations. By analyzing photos taken by field workers and providing them instant feedback on the conformity of their job, our platform automates quality control. It guarantees the conformity of the data documenting daily field jobs and allows to follow the state of the infrastructure over time to make informed decisions to operate and maintain it. Deepomatic serves leading international clients in the telecommunications and utilities sectors. Nearly 30,000 field workers employed by Swisscom, Altice group, Vodafone, CityFibre, Circet and Unit-T use Deepomatic's solution every day, highly improving their productivity and efficiency on site. Our platform analyzes close to 1 million operations every month.
Deepomatic had raised funds with investors including Alven, Hi Inov Dentressangle and Swisscom Ventures.
FAQ
Why has IQGeo acquired Deepomatic?
IQGeo and Deepomatic have an existing long-term relationship prior to this acquisition announcement. Deepomatic is a certified IQGeo Technology Partner, working together on customer projects and presenting our combined story at industry events and conferences. The two companies focus on the same utility and telecom markets and the Deepomatic software is highly complementary to IQGeo’s geospatial network management solutions. Deepomatic brings AI computer vision technology to the IQGeo portfolio, helping electric grid and broadband operators create more efficient and resilient networks. The combined technologies offer a truly unique and proven network management capability that is being delivered today and provides an exciting foundation to create the intelligent and proactive network technology of the future.
What are the terms of the acquisition?
IQGeo, backed by its parent company KKR, is acquiring all of the technology and assets of Deepomatic. When the transaction completes following government regulatory approval, the IQGeo Group will own all IP and operational assets of Deepomatic. As a privately held company, IQGeo will not publicly disclose the financial terms of the acquisition.
How will the acquisition benefit Deepomatic customers?
Following the completion of the acquisition, customers that are currently using the Deepomatic software will have access to the IQGeo Integrated Network and Adaptive grid solutions for telecom and utility operators. The IQGeo software solutions support the entire fiber and electric grid lifecycle from planning and design to construction, operation, maintenance, monetization and disaster response. This offers existing Deepomatic customers a comprehensive geospatial asset management solution which is made even more powerful by the Deepomatic AI computer vision software which improves workflow efficiency and continually enhances network data quality.
How will the acquisition benefit IQGeo customers?
Customers with an IQGeo network lifecycle solution will be able to add the Deepomatic AI computer vision software to their environment. Deepomatic and IQGeo have developed an initial integration through their existing Technology Partner relationship. This will enable IQGeo customers to call the Deepomatic AI computer vision software from within existing workflows that support operational use cases such as fiber network construction, service activation, meter installations, asset inspections, and damage assessment. The combined solution delivers compelling process optimization benefits and lays the foundation to build the intelligent and proactive networks of the future.
How will the acquisition benefit the Deepomatic business?
The acquisition of the Deepomatic business brings additional investment in engineering, product management, marketing and sales resources to develop AI-driven technology for the telecom and utility industries. Rather than an independent application, the Deepomatic software will become a strategic technology that contributes to a much larger end-to-end network lifecycle management vision. Rooted within IQGeo’s Network Manager Telecom and Network Manager Electric products, the network intelligence created by AI computer vision can be fully exploited to optimize field processes that constantly improve network data quality.
How will the acquisition benefit the IQGeo business?
The Deepomatic team have created a unique AI-driven solution that is the market leader for field service process validation. In the last year, their customers have processed greater than 20 million jobs which included over half a billion transactions from more than 30,000 daily field users. This proven software solution is an exciting and highly complementary addition to the IQGeo geospatial network management solution. The current software integration between IQGeo and Deepomatic creates a compelling solution for today’s market requirements and aligns perfectly with IQGeo’s vision to create intelligent, proactive management for the future.
How will the acquisition benefit Deepomatic and IQGeo partners?
We will work closely with existing IQGeo and Deepomatic partners to ensure that they will also benefit from our new combined solution. We are working now to provide the technical, sales, and training materials required to support partner success. It is our goal to offer both an integrated Deepomatic and IQGeo solution, as well as continuing to offer the Deepomatic software standalone for existing partners. In the short-term, partners with a specific business opportunities that could benefit from the join solution should contact their partner manager to discuss project requirements.
How will the Deepomatic products fit into the IQGeo technology portfolio?
Today the Deepomatic solutions are used extensively in field process optimization applications such as fiber network construction, service activation, meter installations, asset inspections and damage assessment. Today these use cases will form the core product offering, but there is tremendous potential to extend the AI computer vision technology across the lifecycle in the future and the new IQGeo team will work together to bring these exciting solutions to the market.
