Intermap TechnologiesChief Executive Officer
Sep. 2010 - Apr. 2016In my leadership capacity, I successfully launched innovative Platform as a Service (PaaS) and Software as a Service (SaaS) products tailored for sectors such as advertising, insurance, real estate, and construction. Leveraging 3D geospatial data, these solutions provided advanced offerings to clients. Achieving a positive EBITDA within just 12 months, I demonstrated solid financial leadership and strategic insight, resulting in a remarkable 10% increase in net profits totaling $40M within 18 months. Implementing a strategic downsizing initiative, I optimized the global staff from 440 to 160 employees, achieving a significant 40% reduction in operating costs while maintaining operational efficiency. Additionally, I ensured budgetary compliance and cost efficiency by reducing production costs by 20% while managing the sales pipeline to sustain growth and profitability. Securing six consecutive profitable quarters, I achieved a consistent 12% profit margin each quarter, reflecting sustained financial performance and effective business management. Furthermore, I drove a substantial increase in market share by 30% through the successful launch of groundbreaking products, integrating geospatial expertise with big data and analytics, demonstrating market leadership and innovation prowess. • Revitalized company, driving positive EBITDA within 12 months, net profits within 18 months, and delivering 6 consecutive profitable quarters. A first in company history. • Linked the power of big data/data analytics/AI with the potential of thousands of unused sensors worldwide to develop new PaaS and SaaS products for the insurance industry that saved policyholders thousands of dollars • Developed new PaaS and SaaS solution for the outdoor advertising industry to identify revenue value of physical assets throughout North America.