Skkynet Appoints M&A Executive Shaunna Balady to Advisory Board to Drive Industrial AI Growth

Skkynet Cloud Systems, Inc. announced the appointment of Shaunna Balady to its Advisory Board. Balady, a Managing Partner at Paragon Software Advisors, brings over two decades of executive leadership in mergers and acquisitions, strategic planning, and customer-focused growth within the software and industrial automation sectors. This appointment is strategically significant as Skkynet accelerates its expansion into the Industry 4.0 and Industrial AI markets, where secure, real-time data connectivity is paramount.

Balady's 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. Throughout her career, she has completed over 100 transactions totaling more than $20 billion in enterprise value across five continents. Her operational expertise, including a former role as Chief Operating Officer of an industrial application software company which she led to a profitable exit, provides Skkynet with critical guidance for scaling operations. At Paragon Software Advisors, she advises software and high-tech business owners on strategies, which aligns with Skkynet's growth objectives.

Gary Tillery, CEO of Skkynet, emphasized the value of Balady's appointment, stating her track record in strategic M&A and deep understanding of the SaaS and industrial software landscape will be invaluable as the company scales. This move underscores Skkynet's mission to become the standard for secure, real-time industrial data connectivity, a critical component for modern industrial systems. The company's technology aims to solve the challenge of securely connecting real-time data to cloud and AI systems, which is increasingly vital for industrial efficiency and innovation.

Balady expressed excitement about supporting Skkynet, noting the company's unique position in the market and its growing traction among major global players. Her role will involve refining the strategic roadmap and unlocking new growth opportunities, which could enhance Skkynet's competitive edge in a rapidly evolving sector. This appointment follows other strategic leadership enhancements at Skkynet, including the recent appointment of Gary Tillery as CEO and Lee Tedstone to the Board of Directors, indicating a concerted effort to capture market share.

The implications of this announcement are substantial for the industrial technology sector. By leveraging Balady's expertise, Skkynet is poised to strengthen its market position, potentially through acquisitions or partnerships that drive innovation in real-time data communication. This could accelerate the adoption of Industry 4.0 solutions, benefiting industries reliant on secure data flows for automation and AI integration. For more information, visit https://skkynet.com. Investors and stakeholders should note that forward-looking statements involve risks, as detailed in Skkynet's reports filed with the U.S. Securities and Exchange Commission.