Thursday, 21 March 2013, 9:30 am Press Release: Imarda
Imarda to accelerate platform development through licensing
deal
Imarda Pty Ltd has today announced a licensing
agreement with Fern Digital Ltd; a New Zealand –based
developer of business solutions. Under the licensing
agreement Imarda can integrate all of Fern’s intellectual
property into its i360 fleet management platform.
“Licensing Fern’s technology enables us to expand the
work we’ve done in the past four years developing our
third-generation telematics platform (i360)” says Imarda
CEO Selwyn Pellett.
“Fern’s intellectual property
gives us the ability to accelerate the development of
modules we need to expand i360’s value to a range of
businesses, including transaction processing, inventory
management, job workflow, and integration into Xero.”
“At this stage of i360’s development, we are able to
significantly expand the power of what we can do through
strategic IP acquisitions and licensing agreements” says
Pellett.
“Imarda set out with a vision of turning
data into knowledge and then knowledge into business wisdom.
This licensing deal and possible future acquisitions will
help us deliver on that goal and allow us to expand the
value of our service to existing customers while opening up
opportunities for Imarda in businesses we have not
previously served.”
“Companies are looking for
improvements right across their business and wider supply
chain and by definition this necessitates a highly
configurable and extensible platform like i360. Our history
in GPS solves lots of the mobile asset management issues,
but we see the real need to go much deeper into the back
office systems to bring actionable intelligence to across
the entire business process and this licensing agreement
will help deliver that” says
Pellett.
Founded in 2007, Imarda builds and deploys sophisticated software and hardware capabilities which are transforming Fleet Management systems across the globe. Imarda's strength and point of differentiation lies in its revolutionary configurable ‘Action Engine' software. Action Engine is designed for ease of use for small to mid-range fleets and highly sophisticated bespoke recording and reporting tools for enterprise level fleets. Imarda's configurable software and hardware devices enriches a company's ability to manage their mobile assets, through customised and automated business intelligence tools.
Imarda enables customers to manage their mobile assets by exception, and empowers them to make the best possible decisions which impact their business. The Imarda i360 platform captures an unparalleled volume of vehicle and environmental data from our specialist hardware devices. It then securely stores that data at a granular level in the cloud, then processes it with a configurable customer rules engine (the Matrix). The end result being, a user-friendly insights interface with a series of automated actions or recommendations to help optimise business efficiencies and bottom-line profitability.
Imarda was founded in 2007 with the acquisition of two companies with a combined 11+ years in the designing and developing hardware and software for the GPS-based Fleet Management industry. Imarda now has a presence in Sydney, Melbourne, Perth, NZ, US, Malaysia and Fiji and customers all over the world. Imarda is beginning the global expansion phase of its i360 platform through global Franchisee partnerships.