Skkynet Cloud Systems, Inc. announced the appointment of Shaunna Balady to its Advisory Board, bringing over two decades of executive leadership in mergers and acquisitions, strategic planning, and customer-focused growth within the software and industrial automation sectors. Balady, a Managing Partner at Paragon Software Advisors, joins at a pivotal time as the Company accelerates its expansion into the Industry 4.0 and Industrial AI markets. Her extensive background includes senior leadership roles at major industrial technology firms such as GE, Rockwell Automation, and AVEVA, where she drove global business development and executed complex strategic transactions.
Gary Tillery, CEO of Skkynet, stated 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 the company scales its operations. Her experience in guiding high-growth technology companies aligns with Skkynet's mission to become the standard for secure, real-time industrial data connectivity. Throughout her career, Balady has completed over 100 transactions totaling more than $20 billion in enterprise value across five continents. As a former Chief Operating Officer of an industrial application software company, she also brings significant operational expertise, having successfully led that company to a profitable exit. At Paragon Software Advisors, she currently advises software and high-tech business owners on sell-side and buy-side strategies.
Balady expressed excitement about supporting Skkynet as it accelerates innovation and market growth, noting that the company 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. She highlighted 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. This appointment follows a series of strategic leadership enhancements at Skkynet, including the recent appointment of Gary Tillery as CEO and Lee Tedstone to the Board of Directors, signalling a robust commitment to capturing market share in the rapidly evolving industrial data sector. For more information, visit https://skkynet.com.
