Product Launch #37
Summary
Smart early-stage partnership with Modularis
In 2015, SmartWitness was a small startup with the ambition and brains to design and create telematic IoT devices for fleet management. The first goal was to create a foundation that connects rich-data devices and allow partners to easily access and digest the data.
Building a video telematics and an IoT platform together
Together, SmartWitness and Modularis needed to connect video, audio, and telematics data for vehicle fleets around the world. To build the platform, the architecture required an evolution from point-to-point to dynamic multi-directional data flows… and that required true partnership and flexibility.
A successful launch… in under 6 months
Early delivery of a reliable core platform allowed SmartWitness to start testing and scaling quickly. They spent resources capitalizing on opportunities, not scrambling to solve daily support for a shaky MVP.
5 years of partnership → 500x growth
The system scaled elastically without re-architecting… Modularis and SmartWitness evolved to a relationship of shared development and even contributing code back. The product grew from prototype to a million-device scale.
A successful $200M exit
The modular, scalable platform and strong partnership positioned SmartWitness for a high-value acquisition. The infrastructure, reliability, and speed-to-market advantages created by Modularis’ platform were essential to this success.
"Modularis has been a terrific strategic partner for us.They have the leadership, experience, discipline, and technology we needed to build and grow our global IoT platform."
Nick Mirchef
President
“Modularis has been a terrific strategic partner for us.They have the leadership, experience, discipline, and technology we needed to build and grow our global IoT platform.”
Nick Mirchef
President, SmartWitness
UNMATCHED VALUE
/ AgTech / ERP /
/ Retail / Digital Signage /
Launched fortified enterprise product, increasing average order size by 300%.
/ Retail / Content Management System /
Stabilized CMS platform, reducing service and support calls by 60%.
/ Communications / Call Center Administration /
Launched unified command and control product, streamlining administration for 80 disparate vendor platforms.
/ BioTech / Compliance /
Launched refactored product that stabilized critical revenue stream in 90 days.
/ Private Equity / R&D /
Launched new IP & streamlined integration, reducing acquisition expenses by 30%.
/ HealthTech / Fax /
Launched AI-driven document workflow solution for 3 parallel markets
/ AgTech / Cloud /
Launched modernized cloud platform in 4 months with 30% cost reduction.
/ Insurance / Regulatory Intelligence /
Launched modernized product, achieving ROI in just 60 days.
/ EnvironmentalTech / IoT /
We collaborate closely with Microsoft and are proud to have earned the highest standards of Microsoft’s widely-recognized partnership program.