Skkynet Cloud Systems, Inc., a provider of real-time data communication technology for industrial systems, has appointed Shaunna Balady, a Managing Partner at Paragon Software Advisors, to its Advisory Board. The appointment is a strategic move as the company accelerates its expansion into Industry 4.0 and Industrial AI markets. Balady brings over two decades of executive leadership in mergers and acquisitions, strategic planning, and growth within software and industrial automation to the role.
Balady's professional background includes senior leadership roles at major industrial technology firms such as GE, Rockwell Automation, and AVEVA, where she was responsible for driving global business development and executing complex strategic transactions. Throughout her career, she has completed over 100 transactions totaling more than $20 billion in enterprise value across five continents. She has also served as Chief Operating Officer of an industrial application software company, leading it to a profitable exit.
Gary Tillery, CEO of Skkynet, stated the company is delighted to welcome Shaunna Balady to its Advisory Board. Tillery emphasized that Balady's track record of generating value through strategic M&A and her deep understanding of the SaaS and industrial software landscape will be invaluable as Skkynet scales its operations. He noted that her experience aligns with Skkynet's mission to become the standard for secure, real-time industrial data connectivity.
Balady expressed excitement about supporting Skkynet's innovation and market growth. She remarked that Skkynet is uniquely positioned to solve one of the most critical challenges in the industrial sector: securely connecting real-time data to the cloud and AI systems. Balady added that she has watched the company's technology gain traction among major global players and looks forward to working with the leadership team to refine the strategic roadmap and unlock new growth opportunities. More information about the company's offerings is available at https://skkynet.com.
This appointment follows other strategic leadership changes at Skkynet, including the recent appointment of Gary Tillery as CEO and Lee Tedstone to the Board of Directors. These moves indicate a focused effort to capture market share in the evolving industrial data sector. The company's solutions aim to bridge plant systems, cloud platforms, and AI to enable intelligent operations across industrial verticals while maintaining stringent security and data privacy standards. The addition of Balady's expertise is seen as a critical step in executing this strategy and competing effectively in the high-growth areas of industrial automation and data connectivity.
