Waylay

Waylay Competitive Intelligence & Landscape

waylay.io ·

Waylay
ForesightIQ Predictions

What is Waylay likely to do next?

ForesightIQ connects Waylay's hiring, product, web, ad, and market signals to forecast strategic moves — often months before they're announced.

Hiring signal

Senior hiring patterns point to a planned enterprise product line launching within two quarters.

High confidence · Next 1–2 quarters
Product signal

Quiet changes to docs and pricing pages signal an upcoming usage-based pricing tier and new API surface.

Likely · Next quarter
Market signal

Ad spend and partnership activity indicate a push into the mid-market segment across two new regions.

Plausible · Next 2–3 quarters
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Overview

Waylay Overview

Waylay (waylay.io) is a Belgium-based leader in hyperautomation and generative AI software platforms, focused on automation made simple [https://waylay.io/]. The company's mission is to empower enterprises through intelligent automation and integration, offering a low-code software platform that facilitates workflow-based automation, system integration, and orchestration across various connected assets, enterprise applications, and cloud services [https://www.waylay.io/about]. Their patented technology enables data analytics and orchestration scenarios, driving swift automation and digital transformation across diverse industries [https://www.waylay.io/about].

Waylay offers three core products tailored for specific customer needs: the Enterprise Platform, Digital Twin, and FraudAway. The Enterprise Platform is a low-code hyper-automation solution designed for various industries including telecom, manufacturing, finance, connected assets, specialty vehicles, smart buildings, and logistics [https://www.waylay.io/platform].

Waylay Digital Twin is a SaaS application for IIoT asset monitoring and predictive maintenance, helping manage connected assets and maximize uptime [https://waylay.io/index.html].

FraudAway is a revolutionary finance solution integrating hyperautomation, machine learning, and generative AI [https://waylay.io/]. Additionally, Waylay provides solutions like Xperts CRM for seamless system connectivity, Explainable GenAI for intelligent troubleshooting, and API Orchestration, all while supporting deployment anywhere—any cloud, hybrid, or private data center [https://waylay.io/].

Waylay's solutions are utilized across numerous sectors, including automotive, telecom, finance, and field service, providing real-time intelligent asset performance management for connected industrial assets and optimizing service management [https://waylay.io/]. The company emphasizes AI-driven decision rules, combining rules with cutting-edge AI capabilities, and boasts an award-winning patented rules engine [https://www.waylay.io/components/ai--driven-decision-rules]. All their products are GenAI-ready, leveraging the latest advancements in generative AI technology [https://www.waylay.io/product-overview]. As of August 26, 2025, Waylay NV was acquired by Vertiv Holdings Co (NYSE: VRT) to enhance critical digital infrastructure operational intelligence, optimization, and services, integrating Waylay's advanced technology with Vertiv's global expertise in smart monitoring, predictive maintenance, and performance optimization for data centers [https://www.waylay.io/articles/vertiv-acquires-waylay].

Competitors

Waylay Competitors

Waylay (waylay.io) operates in the competitive hyperautomation and IoT platform market, offering solutions for enterprise automation, digital twins, and AI-driven decision rules. One of its key competitors is Fracttal, which, like Waylay, focuses on asset monitoring and predictive maintenance. While both aim to optimize industrial operations, Fracttal's market positioning often emphasizes comprehensive maintenance management, whereas Waylay highlights its low-code hyperautomation platform, especially with the integration of Vertiv for critical digital infrastructure operational intelligence. The specific feature sets and pricing models between the two would depend on the implementation scale and specific industry requirements, with Waylay potentially offering more flexibility in AI-driven rule deployment.

Another significant competitor to Waylay is CloudRail, a company specializing in industrial IoT device connectivity and management.

CloudRail's differentiation lies in simplifying the process of connecting and integrating various industrial devices, which can be a critical first step for many IoT initiatives. In contrast, Waylay's platform focuses more on the subsequent automation, orchestration, and intelligence layers, using its award-winning patented rules engine and GenAI capabilities. While CloudRail may have a strong foothold in the device-to-cloud segment, Waylay aims to provide end-to-end hyperautomation, from data ingestion to actionable insights and automated responses across various industries like automotive, telecom, and finance.

edgeIQ also stands out as a competitor, providing a platform for managing and orchestrating edge devices and applications. Its market positioning emphasizes the unique challenges of edge computing, offering solutions for device lifecycle management and application deployment at the edge.

Waylay, while also offering an Edge Solution, tends to integrate the power of its automation technology at the edge as part of a broader hyperautomation strategy. This suggests that while edgeIQ might offer more specialized edge management capabilities, Waylay provides a more holistic solution that extends its core automation and AI capabilities to edge environments, focusing on seamless integration with cloud and on-premise systems.

In the broader enterprise software landscape, companies like Salesforce and SAP Business Technology Platform can be considered indirect competitors due to their extensive CRM, platform-as-a-service (PaaS), and business process management offerings.

Salesforce, with its Lightning Components & Developer Experience and powerful CRM capabilities, competes in areas where Waylay offers its Xperts CRM for connecting various systems into a cohesive platform.

SAP Business Technology Platform provides a comprehensive suite of tools for integration, data management, analytics, and application development, which can overlap with Waylay's enterprise platform and API orchestration. However, Waylay distinguishes itself through its specific focus on low-code hyperautomation, AI-driven decision rules, and digital twin solutions, often excelling in niche automation scenarios that require deep integration of IoT, AI, and business processes.

Alternatives

Waylay Alternatives

Product & Pricing

Waylay Product and Pricing Intelligence

Waylay (waylay.io) specializes in hyperautomation and AI-driven solutions, offering a robust platform designed to simplify complex workflows across diverse industries. The company provides three primary products: Waylay Enterprise, Waylay Digital Twin, and FraudAway, with additional offerings like Xperts CRM and Explainable GenAI. These products are built on an award-winning low-code hyperautomation platform that integrates machine learning and Generative AI capabilities, ensuring users leverage the latest advancements.

Waylay emphasizes a "Deploy Anywhere" model, supporting any cloud environment, on-premises, or hybrid configurations, providing flexibility for businesses of all sizes and deployment preferences [https://www.waylay.io/components/deploy-anywhere].

While Waylay offers powerful solutions, specific pricing plans, tiers, and details about free versus paid features are not explicitly published on their website. Instead, the company encourages potential customers to request a personalized demo to experience the value of their automation platforms firsthand [https://www.waylay.io/demo]. This approach suggests a tailored pricing model based on individual business needs, solution complexity, and deployment choices (SaaS, on-premises, or hybrid). The platform's core, the Waylay Automation/Rules Engine, is described as a low-code tool, allowing for rapid application creation through visual interfaces and pre-built components, reducing development time [https://www.waylay.io/components/low-code].

Recent developments include Vertiv's acquisition of Waylay NV, indicating a strategic move to enhance critical digital infrastructure operational intelligence, optimization, and services. This acquisition underscores Waylay's leadership in Generative AI software and its impact on various sectors. The company's commitment to innovation is also evident in its GenAI Package, designed to de-risk and roll out new Generative AI initiatives for clients. Though precise pricing changes are not disclosed, the focus on customized demos and strategic acquisitions suggests a high-value, solution-oriented approach to customer engagement and pricing. Customers interested in Waylay Enterprise, Waylay Digital Twin, or Waylay IO can book a free demo to explore their specific requirements and potential solutions [https://www.waylay.io/demo].

Hiring & Layoffs

Waylay Hiring and Layoffs

Waylay (waylay.io) is actively seeking talented individuals to join its team, emphasizing a commitment to "shape the future of digital transformation" [https://www.waylay.io/careers]. The company, which specializes in low-code hyperautomation and AI solutions, highlights values such as "Intellectual Curiosity" as fundamental to its culture [https://www.waylay.io/careers]. Recent hiring trends indicate Waylay is expanding its workforce, especially following its acquisition by Vertiv, a move designed to "enhance critical digital infrastructure operational intelligence, optimization, and services" [https://www.waylay.io/index.html]. This acquisition underscores a strategic push towards integrating Waylay's Generative AI software into broader industry applications.

While specific layoff details are not publicly disclosed on Waylay's official website, the company's recent acquisition by Vertiv in 2024 (as seen on waylay.io's homepage and other pages like [https://www.waylay.io/about], [https://www.waylay.io/demo], and [https://www.waylay.io/service-packages]) suggests a period of integration and potential restructuring. However, the consistent messaging about career opportunities and expanding capabilities, particularly in Generative AI, points towards a growth-oriented strategy under Vertiv.

Waylay has also participated in job fairs, such as the VTK Job Fair in February 2021 [https://www.waylay.io/events/vtk-job-fair] and Jobbeurs Technologiecampus in March 2021 [https://www.waylay.io/events/jobbeurs-technologiecampus], further indicating a focus on talent acquisition.

The current hiring patterns at Waylay signal a clear strategic direction: aggressive expansion in the fields of intelligent automation, Generative AI, and digital transformation. The emphasis on roles that involve low-code platforms, machine learning, and advanced analytics aligns with the company's core offerings and its mission to empower enterprises with "intelligent automation and integration" [https://www.waylay.io/about]. The integration with Vertiv is poised to further accelerate Waylay's market penetration and product development, requiring a continuous influx of skilled professionals to support these ambitious growth objectives.

Leadership

Waylay Management and Leadership Team

Waylay (waylay.io), a leader in low-code hyperautomation, is driven by a seasoned management and leadership team focused on global expansion and innovation. The company's CEO, Leonard Donnelly, plays a pivotal role in shaping its growth strategy and recently oversaw a new organizational structure designed to optimize product development, sales, and support across diverse market segments [https://www.waylay.io/articles/waylay-announces-new-organizational-structure-to-enter-its-next-phase-of-growth-and-global-expansion]. Donnelly has also been instrumental in securing significant funding rounds, affirming Waylay's vision for simplifying software integration and automation [https://www.waylay.io/articles/waylay-closes-series-a-funding-led-by-yokogawa-pmv-and-aaaf].

The co-founding team includes key figures such as Veselin Pizurica, who serves as both COO and CTO. Pizurica, a prolific inventor with 12 patents in AI, xDSL, home networks, and cloud computing, was crucial in establishing Waylay to address the rising challenges of enterprise automation, particularly at the intersection of IoT applications and the API economy [https://www.waylay.io/articles/an-interview-with-waylay-cto-and-co-founder-veselin-pizurica-on-the-companys-4-year-anniversary]. Piet Vandaele, another co-founder, holds the position of Strategic Partnerships Director, leveraging his background in telecommunications, a PhD in applied sciences, and an MBA to foster key collaborations [https://www.waylay.io/articles/the-birth-of-the-iot-aggregation-cloud].

Recent leadership enhancements include the appointment of tech industry veteran Adan Pope as Chairman of the Waylay Advisory Board. Pope, a renowned expert in Digital Transformation, brings extensive experience to support Waylay's expansion into critical markets such as ESG, Industrial, Buildings, Telecoms, and IT Enterprise Automation [https://www.waylay.io/articles/tech-industry-veteran-adan-pope-has-been-appointed-chairman-of-waylay-advisory-board]. This strategic move underscores Waylay's commitment to leveraging industry luminaries to guide its trajectory and cement its position as a leader in intelligent automation and integration [https://www.waylay.io/about].

Financials

Waylay Financial Performance, Fundraising, M&A

Waylay (waylay.io) has demonstrated significant activity in fundraising and strategic acquisitions, underscoring its growth in the hyperautomation and digital transformation sectors. In June 2022, Waylay secured a Series A funding round, with prominent investments from Yokogawa Electric Corporation, a Japanese multinational electrical engineering and software company, along with PMV and AAAF [Source: https://www.waylay.io/articles/waylay-closes-series-a-funding-led-by-yokogawa-pmv-and-aaaf]. This investment from Yokogawa aimed to accelerate the growth of its cloud portfolio of applications, leveraging Waylay's IT-OT digital unification capabilities [Source: https://www.waylay.io/articles/yokogawa-invests-in-waylay-to-support-continued-rapid-expansion-of-cloud-based-solutions].

Further solidifying its market position, Waylay announced that Vertiv acquired the company to enhance critical digital infrastructure operational intelligence, optimization, and services [Source: https://www.waylay.io/about]. This acquisition by Vertiv, a global provider of critical digital infrastructure and continuity solutions, highlights Waylay's value as a generative AI software leader. The platform boasts impressive operational metrics, executing over 10 billion rules per month, demonstrating its robust and scalable low-code hyperautomation technology [Source: https://waylay.io/].

From a financial health and operational perspective, Waylay has strategically expanded its reach and capabilities. In 2023, Waylay partnered with AWS Marketplace, making its Waylay Enterprise Platform readily available to a broader customer base and further integrating its advanced hyperautomation and analytics solutions into key industries such as financial services, telecommunications, and industrial sectors [Source: https://www.waylay.io/articles/waylay-joins-aws-marketplace-delivering-advanced-hyperautomation-and-analytics-for-financial-services-telecommunications-and-industrial-customers]. Earlier, in 2020, Waylay also formed a partnership with EPAM Systems, Inc. to build and design complex integrated IoT solutions, further extending its market penetration and service offerings [Source: https://www.waylay.io/articles/waylay-announces-partnership-with-epam-systems-inc].

Partnerships

Waylay Partnerships, Clients and Vendors

Waylay (waylay.io) actively cultivates a robust network of partnerships to enhance its hyperautomation and digital transformation capabilities, particularly in areas like GenAI, FraudAway, Waylay Enterprise, and Waylay Digital Twin. A key strategic alliance is with Vertiv, with whom Waylay has joined forces to develop smarter critical digital infrastructure. The company's ecosystem also includes global system integrators and consulting firms such as Wipro, EPAM, Capgemini, and MCS, all contributing to the speed, flexibility, and scale of customer implementation projects.

Waylay has forged significant technology and platform partnerships to extend its reach and functionality. It is available on the AWS Marketplace to assist enterprises with digital transformation across financial services, telecommunications, and industrial sectors AWS - Waylay Partnership. The company also announced a partnership with Google Cloud, integrating its data orchestration platform with Google Cloud IoT Core for scalable device connection and management Waylay announces partnership with Google Cloud. Furthermore, Waylay has partnered with Arm to integrate its IoT automation framework with the Arm Pelion IoT platform, enhancing device, connectivity, and data management Waylay announces partnership with Arm®.

In addition to these major alliances, Waylay collaborates with specialized partners to address specific industry needs.

Cybus, for instance, is a partner focused on making shop floor data available for use within the Waylay platform, enabling factories to derive significant value from their operational technology data Cybus - Waylay Partnership.

Waylay has also established a network of preferred implementation partners for Waylay Digital Twin for Salesforce, ensuring global support for its no-code IoT asset monitoring solution Waylay Digital Twin Implementation Partners. Other partners, such as A1 Digital, further diversify Waylay's expertise and proven skills across various industries and applications Waylay | Our Partners.

Events

Waylay Event Participations

Waylay (waylay.io) actively participates in and hosts a variety of events, including industry conferences, trade shows, and webinars, to showcase its innovative hyperautomation and AI solutions. For instance, Waylay will be a key participant at IoTday 2025 in Gent on April 9th, where it will highlight its advanced IoT solutions that integrate automation, data, and AI to optimize IoT systems. The company also had a significant presence at MWC 2024 in Barcelona from February 26-29, 2024, focusing on GAI Frontier for revolutionizing fintech, industrials, and telecoms with intelligent bots.

Historically, Waylay has engaged with other major industry events such as DTW 2023 in September 2023 and the Salesforce World Tour Dusseldorf in November 2023. Further demonstrating its commitment to thought leadership and technological advancement, Waylay has also attended events like Unicon - The Enterprise Automation Rock Stars event of 2021, the Serverless Architecture Conference in April 2021, and IoT Tech Expo in October 2022.

Beyond physical events, Waylay offers a rich repository of online content, including webinars and video discussions. Notable video resources on their site include a

Frequently Asked Questions

What does Waylay's recent acquisition by Vertiv signal about its strategic direction?

Waylay's acquisition by Vertiv in 2024 signals a strategic pivot towards enhancing critical digital infrastructure operational intelligence and services. This move integrates Waylay's generative AI software and hyperautomation platform with Vertiv's global expertise in smart monitoring and predictive maintenance for data centers, indicating an aggressive expansion into broader industry applications.

What do Waylay's current hiring trends suggest about its product roadmap and areas of focus?

Waylay's current hiring trends suggest an aggressive expansion in intelligent automation, Generative AI, and digital transformation, particularly following its acquisition by Vertiv. The company is emphasizing roles in low-code platforms, machine learning, and advanced analytics, aligning with its core offerings and mission to empower enterprises with intelligent automation and integration.

What is the strategic significance of Waylay's participation in events like IoTday 2025 and MWC 2024?

Waylay's participation in events like IoTday 2025 and MWC 2024 signifies a strategic focus on showcasing its hyperautomation and AI solutions, particularly in IoT, Generative AI (GAI), and related industry applications. These events highlight Waylay's efforts to position itself as a leader in revolutionizing fintech, industrials, and telecoms with intelligent bots and advanced IoT solutions.

How does Waylay's leadership team structure support its growth and global expansion ambitions?

Waylay's leadership team, under CEO Leonard Donnelly, supports growth and global expansion through a new organizational structure designed to optimize product development, sales, and support across diverse market segments. Key figures like Co-founder and COO/CTO Veselin Pizurica drive innovation, while Strategic Partnerships Director Piet Vandaele fosters collaborations. The appointment of Adan Pope as Chairman of the Advisory Board further aims to guide expansion into critical markets such as ESG, Industrial, Buildings, Telecoms, and IT Enterprise Automation.

What kind of competitive advantage does Waylay's 'Deploy Anywhere' model offer?

Waylay's 'Deploy Anywhere' model offers significant flexibility and competitive advantage by supporting deployment across any cloud environment, on-premises, or hybrid configurations. This approach caters to diverse business needs and deployment preferences, allowing Waylay to serve a wider range of customers who may have specific infrastructure requirements or regulatory constraints, enabling broader market adoption for its hyperautomation platform.

What does Waylay's Series A funding from Yokogawa Electric Corporation imply about its market strategy?

Waylay's Series A funding from Yokogawa Electric Corporation in June 2022 implies a strategic focus on accelerating the growth of its cloud portfolio and leveraging its IT-OT digital unification capabilities. This investment underscores Waylay's intent to expand its market presence by integrating its hyperautomation solutions into industrial and operational technology sectors, supported by a prominent multinational partner.

How does Waylay's integration with AWS Marketplace and Google Cloud IoT Core impact its go-to-market strategy?

Waylay's integration with AWS Marketplace and Google Cloud IoT Core significantly impacts its go-to-market strategy by broadening its customer reach and simplifying solution accessibility. These partnerships make Waylay's hyperautomation platform readily available to enterprises in financial services, telecommunications, and industrial sectors, facilitating scalable device connection, management, and digital transformation initiatives.

How does Waylay differentiate its hyperautomation platform from alternatives like Microsoft Power Automate or UiPath Maestro?

Waylay differentiates its hyperautomation platform by emphasizing its award-winning low-code rules engine, patented technology, and 'Deploy Anywhere' architecture, particularly with deep integration of Generative AI. While Microsoft Power Automate is embedded in the Microsoft ecosystem and UiPath Maestro focuses on BPMN orchestration, Waylay offers a more versatile, cloud-native platform for IoT asset monitoring, predictive maintenance, and specific finance solutions like FraudAway, appealing to a broader range of industries and deployment scenarios.

What is the strategic purpose behind Waylay's focus on solutions like FraudAway and Xperts CRM?

Waylay's strategic focus on solutions like FraudAway and Xperts CRM serves to address specific, high-value industry challenges by applying its core hyperautomation and AI capabilities. FraudAway targets the finance sector with machine learning and generative AI for fraud detection, while Xperts CRM aims to enhance customer relationship management through seamless system connectivity, demonstrating Waylay's intent to deliver targeted, intelligent automation solutions beyond general enterprise platforms.

What insight does Waylay's reported execution of over 10 billion rules per month offer into its technological capabilities?

Waylay's reported execution of over 10 billion rules per month offers insight into its robust and scalable low-code hyperautomation technology. This metric demonstrates the platform's ability to handle high volumes of real-time processing and complex automation scenarios, affirming its technical maturity and operational efficiency for enterprises requiring extensive intelligent automation.

What does the lack of explicit pricing details on Waylay's website suggest about its sales approach?

The lack of explicit pricing details on Waylay's website suggests a tailored, solution-oriented sales approach rather than a standardized product offering. This indicates that Waylay's pricing is likely customized based on individual business needs, solution complexity, and deployment preferences (SaaS, on-premises, or hybrid), requiring potential customers to request personalized demos for specific quotes.

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