To learn the fundamentals from the beginning when founding the business, unlike many well-established HVAC firms in the region that are the second or third generation in the industry.
Marel Q1 2024 Investor Presentation from May 8, 2024
The 10 most influential business leaders in 2021
1. MAY 2021
www.swiftnlift.com
Larry Kichatay
Larry Kichatay
Founding Member
Founding Member
Hygiene and
Environmental
Health
Cleanliness and
sanitation
Cleanliness -
equipments and
their uses
Most Influential
Business Leaders
in 2021
5. Nilesh Sabe
Chief Editor
- Nilesh Sabe
Nilesh Sabe
Chief Editor
- Nilesh Sabe
Ishould be there for the real this season of being the publication
administrator, as well as since I had a comment that may help us out
in a beautiful way.
The feedback we’ve received from readers and organisations affiliated
with our distribution have revived my faith. I owe you a huge debt of
gratitude for your tireless efforts on behalf of my gathering. The survival
of a corporate visionary is inconvenient, and we are frequently forced
to take a detour. If you enjoy it, starting a business from the ground
up will need everything you have, including your soul, blood, and sweat.
There will never be enough ability in terms of industry and execution.
While you may have your own set of skills, as a businessperson, you need
always be aware of your surroundings.
Even though the print release is still being distributed, the main storey has
included an amazing character who Larry Kichatay Founding Member
Green Air Care. Green Air Care Group Inc. is a Chicago land heating and
cooling service provider. The company has been in business since 2011.
In the past five years, they have been one of the fastest-growing Carrier
product dealers in the Midwest.
SwiftNLift magazine is not simply a print or advanced distribution at
this point; everything we do is educated by its long-standing character,
approach, and quality. Despite this, we continue to publish the print
version with the same zeal as before.
From the Editor…
6. SUBSCRIBE
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8. 10
Green Air
Care
Larry Kichatay
Larry Kichatay
Founding Member
Founding Member
Hygiene And
Environmental
Health
22
Cleanliness
And
Sanitation
30
Cleanliness -
Equipments
And Their Uses
38
C O N
ARTICLES
9. T E N T S
Openvpn Abbvie Idology, Inc.
Provides Real
16 18 20
The Reflexis
Cloud
Cloudera Ichor
Systems
24 26 28
Collabera
Inc
Entrust KMC
Controls
32 34 36
12. B
elowarethehighlightsoftheconversationbetween
Swiftnlift Business Magazine and Green Air Care.
The company was founded by Eduard Babayev
and Larry Kichatay in the year 2011. We are glad to share
this exclusive interview with all the readers.
Tell us about your company.
Vision.
Green Air Care Group Inc. is a Chicago
land heating and cooling service provider.
The company has been in business since
2011. In the past five years, we have
been one of the fastest-growing Carrier
product dealers in the Midwest.
Our visions are to continue to grow our
local brand and market share in the area
by taking great care of all our customers.
Mission
Our mission is to make HVAC decision
making for customers easy to understand
and trust our guidance to deliver the
best-suited option in terms of value and
investment.
What were the impediments
you faced at the time of
inception?
We had to learn the fundamentals
from the beginning when founding the
business, unlike many well-established
HVAC firms in the region that are
the second or third generation in the
industry. Our Technicians were top-
notch installers, but the procedures,
terminology, back-end office, ads, and
suppliers had to be built from the ground
up. This has enabled us to incorporate best practices from
other sectors into HVAC, enabling us to create new and
creative ways of doing things. We moved more machines
in three years than businesses that had been doing this
for over 30 years.
Green Air Care
Green Air Care
Larry Kichatay
Larry Kichatay
Founding Member
Founding Member
13. What services do you provide to the
customers?
Residential HVAC replacements accounted for the
majority of our jobs, but we also completed several
commercial rooftop unit projects each year. We also
have a large air vent cleaning department, which
performs over 800 duct cleaning jobs every month.
For major partnerships, we also include HVAC
maintenance, industrial trash chute cleaning, and
dryer vent cleaning.
What qualities make you stand different
from others who are already in this field?
Unlike several other HVAC companies in the region,
our mission is to assist our customers in making
informed decisions based on our professional
knowledge. Our goal is to provide systems that provide
our customers with the most benefit in terms of energy
efficiency, air quality, and comfort, as well as financial
rationale. We collaborate closely with local utility
providers, allowing us to provide our consumers with
immediate energy-efficient rebates. They won't have to
fill out any extra forms or wait weeks for their rebates
this way. We also take the opportunity to register
our customers' equipment with the vendor to extend
the warranty period. We take this job off their hands
and most people forget or refuse to do it. It's the little
items that count, and they go a long way with clients.
We've also devised methods to assist consumers who
are unable to obtain loans due to a lack of or low
credit background. We recognise that people face
challenges in their life and have devised methods
to assist consumers in obtaining financing, helping
them to stay warm through the cold Chicago winters.
It's a gamble we're willing to take, but it's our way of
helping those in search of a warm place to call home.
How do you stay updated on the recent
trends in the industry?
The HVAC market, like any other, is constantly
evolving with new developments and upgrades. To
keep up with developments and trends, our staffs
attend business conferences and educational sessions
regularly. This gives us a good idea of where the
market is going, as well as a chance to network with
other HVAC dealers around the world. Most people
are usually willing to share what works with them.
Overall, these enhancements contribute to a great
user experience for all.
Why is home air quality a priority issue?
Since most of us spend two-thirds of our lives at
home, indoor air quality is critical. It is preferable to
have air filtered by an air filter than to have the lungs
14. do all of the cleanings. In addition, we still recommend
that you install an induct UV Light device in your home.
This causes the ultra-violet light to disinfect the air
passing in, making the house free of viruses and germs.
It's also important to have a humidifier and dehumidifier
installed in your home, since everything in the house
requires humidity, particularly in the winter. Insufficient
humidity can cause cracks in hardwood floors, a dry
nose, and general discomfort.
How do you decide what system customer
needs?
We take into account a variety of variables. To begin,
we'll need to perform a proper load measurement to
determine what system is required for the house, as
well as the heating and cooling requirements for its
size. Then we collaborate with the customer's budget to
determine which systems can have the most benefit in
terms of energy usage, service rebates,
and finding the right fit. In the end,
the customer must make the decision;
our role is to provide the right choices
and include all the details necessary
for the customer to make an informed
decision based on reality and their
specific needs.
How do you evaluate your
success?
Performance is a subjective term; what
one person considers to be good can be
a low point for another. Success, in my
opinion, is a moving target. What will
ensure sustained progress is setting
well-defined targets and then renewing
them as you meet them. When this
process ends, the excitement fades, and
the conclusions become less reliable.
External recognitions are a perfect
barometer for determining how well
the business is performing.
What are you looking for
when hiring people?
We don't like to make the recruiting
process so complicated. A successful
resume simply ensures that an individual is invited
in for an interview. We are only searching for people
who are excited to work, learn, and change, regardless
of their qualifications or expertise. Before extending a
bid, we usually request a week trial duration. This helps
both the prospect and the organisation to validate the
prospect's skill set and overall fit. Even if things don't
work out, it's always preferable to shake hands and
move on.
How do you keep your subordinates
motivated? Tell me about your approach
to leading a diverse team.
We don't have subordinates; instead, we collaborate
with co-workers. Titles also discourage teamwork,
which is sorely required in the workplace. We want to
think about everybody as being on an equal footing.
15. This enables employees to communicate openly and
honestly. We often invite new hires to tell us what irritates
them or what updates, upgrades, or new procedures they
would like to see to enhance our business. We can't do
anything if we don't hear about it. We want to promote an
atmosphere where ideas are accepted, acknowledged, and
rewarded because good ideas don't always make it into the
world.
What are your greatest accomplishments?
When Green Air Care changed its attention to heating
and cooling five years ago, we saw dramatic year-over-year
development. We were named to the Inc.5000 list of the
fastest-growing private companies in the United States just
this year. For the third year in a row, our company has won a
Carrier President's Award, a distinction bestowed upon only
the top 5% of Carrier dealers in North America. The most
important achievement is the group of people we have been
fortunate to recruit and bring together because there will be
little success without a strong team.
Tell us about your upcoming projects?
We have a several major commercial ventures in the works,
including one of Chicago's oldest Sears buildings.
Details of the company:
• Year of Founding: 2011
• Funding Information: self-
funded
• Founding Members: Eduard
Babayev and Larry Kichatay
• Office Locations: 1584
Barclay Blvd, Buffalo Grove
IL 60089
• Company Strength:
Residential Heating &
Cooling Services
• Website:
www.greenaircare.com
16. Francis Dinha
Co-Founder & CEO
About the company
With over 50 million downloads since its
introduction, OpenVPN, our award-winning open
source VPN protocol, has established itself as a de-
facto standard in the open source networking field.
OpenVPN Inc is a provider of secure and scalable
communication services for the next generation.
We’ve combined a number of cutting-edge
networking and software technologies to create
virtual network software that delivers secure,
dependable, and scalable communication services,
not only meeting the needs of the traditional
virtual private network (VPN) market, but also
anticipatingfuturedemandssuchasSDN(Software
Defined Network), remote access to private
networks, and tunnelling to public networks.
OpenVPN is the creator of the open source Virtual
Private Network (OpenVPN) software and a
provider of multi-platform OpenVPN applications
for Windows, MAC, Linux, Android, and iOS, as
well as end-to-end OpenVPN Server on Cloud,
OpenVPNServerasaVirtualAppliance,OpenVPN
Server as Software Packages, and OpenVPN as
a Service (Private Tunnel), addressing market
demands for VPN services.
Not only the economy, but our society as a whole,
16 MAY 2021 SwiftNLift
Most Influential
Business Leaders
in 2021
Openvpn
Connecting Your World
17. has been shaped by innovative entrepreneurs.
They’ve established a completely new business
ecosystem, one that dares to go where no one else
has gone before. They embroider roads for others
to follow, using devotion, inspiration, and hard
work.
Our multi-tenant cloud service is powered by a
high-performance mesh core network that spans
numerous nations and provides several regional
connection points throughout the world. New
regions are added to our managed service on a
regular basis, giving us global coverage.
What is OpenVPN Cloud?
In the form of a “Private Network in the Cloud,”
a managed service that allows safe networking
between private networks and remote users over
the Internet.
Without the capital and operational hours required
to manage, scale, and host VPN servers, worldwide
safe access with constant protection against cyber
threats and speedy full-mesh connectivity to on-
premise or IaaS Cloud private networks is now
available.
The Future at OpenVPN
Access Server, OpenVPN’s initial project, was
an enterprise variant of the open source VPN
software. More than 10,000 company customers
have installed the Access Server software, and
many of them continue to use it to secure their
remote access or private cloud. Despite the success
of Access Server with businesses, Dinha recognises
that the sector still faces a major challenge: cloud
security. OpenVPN has big plans for the future
in order to meet this market demand. While the
corporation will not reveal what their brilliant
team is working on, expect something that will
revolutionise the way people do business.
OpenVPNispoweredbyadedicatedteamofpeople
who are inspired by the company’s mission. Giving
employees autonomy is one of the company’s core
beliefs, and it has been a key component in its
success.
“Thefreedomthatcomeswiththislevelofflexibility
allows our staff to be more creative, which is critical
for coming up with new ideas. We don’t believe in
hierarchies at OpenVPN. We believe in working
together to solve difficulties and talking openly
with one another.”
About the Co-founder & CEO
OpenVPN Inc.’s co-founder and CEO is Francis
Dinha. In Sweden, he received his Master of Science
in Computer Engineering. With a job offer from
Erickson, he relocated to Dallas after graduation.
Hecreatedhisfirstcompany,Packetstream,in1998,
after working in technology for several decades.
Dinha and James Yonan co-founded OpenVPN
a few years later. Since its debut, the open source
software has been downloaded by more than 50
million people all around the world. His primary
responsibilities as CEO include assisting with
product roadmaps, strategic planning, market
positioning, business development, and growth
strategies.
Source & reference: VPN software
17
MAY 2021 SwiftNLift
18. Abbvie
Our Core Values
AbbVie’sidentityiscreatedbytheworkweperform,which
includes developing innovative medicines, investing in
ourpipeline,andgivingbacktohelpcommunitiesbecome
healthier and more vibrant. Most importantly, our shared
ideas that have evolved naturally since AbbVie’s inception
have created our identity.
Our mission is significant, and our path is well-defined.
We are committed to making a significant difference in
people’s lives through the new medications and solutions
we develop together. This is fueled by our human
compassion, commitment to innovation and inclusivity,
community service, and unwavering integrity at the
core of what we do. Our company culture is dedicated
to operating with integrity, supporting diversity and
inclusion, supporting our community, fostering
innovation, and changing people’s lives. Our values are
the bedrock of our organisation. They bring us together,
guide our decisions, and motivate us.
Ouremployeesaroundtheworldvaluevariedbackgrounds
and opinions and treat everyone with dignity and respect,
allowing us to all achieve our full potential. We take pride
in doing our share to serve and support our communities
while also protecting the environment, leaving a lasting
impression on the healthcare industry and beyond.
What we do isn’t easy, but we keep going because the
results inspire hope and change lives every day. Getting
patients to better satisfy with their prescribed drug
therapy and encouraging the development of new drugs
can balance or even lower, overall health care spending.
Innovation in the pharmaceutical industry can boost the
output of an economy by reducing lost productivity due
to disease and sickness.
The firm concentrates on discovering, developing
and delivering drugs in therapeutic areas where it
has proven expertise and can make an impact. This
includes:
■ Immunology
■ Oncology
■ Neuroscience
■ Virology
■ General Medicine
AbbVie was created in 2013, but it has a long history.
Though they have a common past and excellent
possibilities for future success, the company split apart
from Abbott in 2013.
Features
The name of the company indicates its ties to both the
past and the future. AbbVie created a new type of business
when it became its own corporation: a biopharmaceutical
company. The corporation combines a pharmaceutical
business’s stability, worldwide scale, resources, and
commercial capabilities with a biotech’s focus and culture.
The company employs 29,000 people worldwide,
including scientists, researchers, communicators,
18 MAY 2021 SwiftNLift
A Highly Focused Research-Driven
19. Rick Gonzalez
Chairman & CEO
manufacturing professionals, and regulatory experts. The
organisation devised novel solutions to today’s health
problems, ranging from life-threatening illnesses to
chronic illnesses.
Working at AbbVie is more than a job for the AbbVie team
because it allows them to help people all over the world
live better lives. When the stakes are as high as a patient’s
health, the finest ideas must rise to the top, regardless of
where they come from.
The company’s products are approved in individual
countries for specific uses and the information provided
is governed by local regulations. Product availability,
name and indicated use may vary by country.
■ Products rendered
■ AndroGel (testosterone gel)
■ BIAXIN Filmtab (clarithromycin)
■ BIAXIN XL Filmtab (clarithromycin extended-release
tablets)
■ BIAXIN Granules (clarithromycin)
■ CREON (pancrelipase)
■ Depakote (divalproex sodium) tablets
■ Depakote ER (divalproex sodium extended-release
tablets)
■ Depakote Sprinkle Capsules (divalproex sodium
delayed-Â release capsules)
■ AbbVie chronicle
Science Rocks! The Plastic Eating Enzyme that Could
Save our Environment
Over the next two years, other scientific groups have tried
to understand the way the protein worked. Just recently,
one of these scientific groups used a high-resolution
X-ray to identify individual amino acids responsible
for digesting PET and degrading the plastic. He then
adjusted the amino acids to speed up the degradation
from a month to a few days.
The Chairman
Rick Gonzalez is the Chairman of the Board and
Chief Executive Officer of AbbVie, a worldwide
biopharmaceutical firm with over 29,000 employees
and a presence in over 175 countries. Mr. Gonzalez
was a 30-year Abbott employee prior to AbbVies’
departure from Abbott. He led the global pharmaceutical
business, including commercial operations, research
and development, and production, as Executive Vice
President, Pharmaceutical Products Group. Prior to a
temporary retirement, he also served as President and
Chief Operating Officer.
Source: AbbVie
19
MAY 2021 SwiftNLift
Most Influential
Business Leaders
in 2021
20. John Dancu
President And CEO
About the company
In the field of digital identity verification and
authentication, IDology is the industry leader. IDology
has been providing unique identification solutions and
fraud protection tools for enterprises operating in the
digital space since 2003. The real-time consortium
network of the IDology platform monitors and stops
fraudulent behaviour while also increasing revenue,
lowering costs, and meeting compliance laws for
businesses in a variety of industries.
Identify verification has become a must-have for any
business today, especially as the number of identity thefts
and frauds has risen dramatically. Identity verification is
also an important anti-fraud safeguard. IDology is the
place to go if you’re seeking for real-time and on-demand
identity verification and fraud protection solutions.
IDology, which was founded in 2003, takes a solution-
oriented approach to identity verification and fraud
prevention. IDology provides a wide range of services,
including monitoring, fraud prevention, income
generation, cost reduction, and compliance. When it
comes to providing efficient operations, the organisation
is unrivalled. It finally aids in the acquisition of new
customers and the enhancement of the entire customer
experience.
Innovation at IDology
IDologyisabusiness-to-businessidentityverificationand
20 MAY 2021 SwiftNLift
Most Influential
Business Leaders
in 2021
Idology, Inc. Provides Real
Time Technology Solutions
21. age verification company situated in Atlanta, Georgia. In
order to detect and prevent fraud, the IDology platform
goes much beyond conventional identity verification.
IDology’s products are all built with client security in
mind. Its core staff has worked in a variety of technology
organisations as well as other industries such as security,
telecommunications, finance, and retail.
ExpectID, the company’s exclusive solution, has been
released by the core team. ExpectID is a patent-pending
technology that gives quick and accurate real-time
findings. John enthusiastically states, “ExpectID Global
signifies the international extension of our identity
verification and fraud protection software.” ExpectID
Age is the industry leader in electronic age verification
technology and has been endorsed as a premium
solution by Wine America and the Specialty Wine
Retailers Association.
IDology is now used by some of the world’s most well-
known brands to undertake seamless identity and age
verification of its clients. ExpectID Email, for example,
aids in the prevention of further fraud by providing
enhanced fraud tools and predictive analytics that check
the legitimacy of an email in real time. ExpectID Scan
and Verify are also used to support manual document
review processes.
He continues, “IDology has designed an on-demand
technology platform that allows users to control the
entire proofing process and provides the freedom
to make configuration changes that are distributed
automatically.” “Customers can remain ahead of the
fraud environment while maintaining compliance
without having to rely on internal IT staff or IDology’s
customer service.”
■ The IDology Difference
■ Rules-Based Technology You Control
■ Easy Implementation
■ Flexible Configuration
■ Amazing Customer Service
■ Collaborative Fraud Network
IDology Impact
“IDology is a customer-driven company, and we earn
our success every day by assisting our customers in
expanding their businesses,” adds the CEO. IDology
provides subject expertise and help to its customers
with the purpose of providing creative solutions and
developing strong personal relationships. It approaches
all it does with an entrepreneurial mindset. Most
importantly, the company structure allows anybody,
regardless of their function or level of experience, to
carry out a brilliant concept.
The wonderful thing about IDology is that its success and
industry reputation speak for themselves. The company’s
founding stones contain the idea of being a customer-
centric organisation, which is carried out throughout
the business processes. Intriguingly, IDology is seen as
both an innovator and a collaborator in the business,
having brought together thinking leaders to combat the
growing fraud scenario.
IDology is not only a customer-centric company,
but it also incorporates philanthropy into its basic
business model. This includes putting Ideology’s
people, technology, and resources to work to enhance
communities locally and globally. “Our goal is to foster
a caring culture and assist our employees in giving back
in meaningful ways,” John says.
IDologyhasbeennamedoneofAtlanta’sBest&Brightest
Companies to Work For every year since 2014, including
2014, 2015, 2016, and 2017. In today’s economic climate,
the award recognises organisations that have clearly
demonstrated exceptional human resource practises
and represent high standards.
About The CEO
Since 2005, John Dancu has been the President and
CEO of IDology. IDology has evolved into a prominent
provider of identity verification and fraud prevention
solutions in the financial services, merchant processing,
payments, retail, healthcare, and other areas over this
time. IDology is known for its cutting-edge innovation
in the identity arena, and it provides unrivalled service
and domain expertise to its customers, which include
a number of Fortune 500 businesses, under John’s
leadership. John is a serial entrepreneur who has led
companies such as Synchrologic (mobile enterprise
infrastructure software), NetZip, and others (consumer
compression and downloading technology).
Source: IDology
21
MAY 2021 SwiftNLift
22. Hygiene and
Environmental Health
In every corner of the globe, startup ecosystems are
forming. Everywhere you look, there are ambitious
founders and innovative startup teams looking for
novel ways to establish a perfect product-market fit
and tackle the world’s challenges.
Innovative ideas, on the other hand, can only be
put into action inside a system that is designed to
support them. Entrepreneurs require a welcoming
environment in which to create businesses that will
have a long-term influence not only on the local
economy but also on society as a whole. But, first
and foremost, what is a startup ecosystem? There are
numerous examples, ranging from self-contained
efforts like Station F in Paris to city blocks like Silicon
Roundabout in London and 22@ in Barcelona.
Let’s explore what goes into making one, what its most
important resources are, what conditions affect its
development and lastly, how to start growing one of
your own!
What is a startup ecosystem?
Startups don’t exist in a vacuum and can’t exist in one.
They are born into a certain setting as components of a
muchlargerentity-anetwork,asystem.Entrepreneurs
are surrounded by a network of people, organisations,
and other startups who help them succeed. This is
what a startup ecosystem is all about.
Interdependence is the crucial word here. An
ecosystem’s members are intertwined in a mutually
22 MAY 2021 SwiftNLift
23. 23
MAY 2021 SwiftNLift
beneficial connection, and one cannot function or live
without the others.
Members of a startup ecosystem collaborate to nurture
innovation in their local community – whether
that community is a city, a region, or a collection of
buildings – and to create and expand new enterprises
using the pool of resources available to them.
Now, let’s take a closer look at what makes up a startup
ecosystem.
What makes up a startup ecosystem?
Of course, there is no recipe for exactly what should
go into the pot when building a startup ecosystem.
However, there are a few key ingredients that each
local ecosystem needs in order to thrive.
■ Startups
■
Colleges, universities and other education
programmes
■ Funding providers
■ Incubators and accelerators
■ Coworking spaces
■ Agencies, consultants and freelancers
■ Service providers
■ Advisory organisations and mentors
■ Events
■ Media and blogs
■ Corporations
■ Supportive Government agencies
■ Research organisations
■ Talent
It’s not as simple as combining all of the essential
ingredients to create a healthy startup ecosystem.
Brilliant entrepreneurs, risk-taking investors, and
well-run events are crucial, but they are not sufficient.
Each ecosystem’s evolution is influenced by a variety
of external and internal influences.
The economy
The available market (in other words, access to
customers), the region’s international business
relations, the ecosystem’s maturity, the extent of
government incentives, and the level of startup
ecosystem management (including branding) can all
influence the amount of entrepreneurial activity that
an ecosystem can support.
In the midst of a worldwide financial crisis, it’s difficult
to expect startups to thrive. You wouldn’t expect them
to grow during a national economic downturn, either.
The size of the market is also important. Being able to
target customers in a vast prospective market, such as
China or the United States, is considerably different
from being able to target clients in a small geographic
area. Scaling startups in smaller or less powerful
countries requires strong international commercial
relationships.
Maturity and risk
Ecosystems in their early stages encounter different
obstacles than those in their later stages. Big exits free
up cash and talent in established ecosystems. This is
what is required to launch new businesses and provide
investors a cause to take additional risks.
Oversight and preferential treatment
Ecosystems that receive less government support will
struggle, whereas ecosystems that receive adequate
state incentives will prosper. The way a startup
environment is handled and branded on a global basis
can make all the difference.
Source: Science Direct
24. The Reflexis Cloud
Introduction
The Reflex Real-Time Store Operations Platform, which
is cloud-based, helps retailers simplify store operations,
boost field manager visibility, and optimise corporate
processes. Reflex’s store execution (task management,
store auditing, real-time execution), labour operations
(workforce management, employee self-service, time
and attendance), mobility, and analytics solutions allow
retailers to unleash the power of store associates, providing
them with more opportunities for customer engagement
and a more consistent brand experience.
Reflex has assisted over 250 of the world’s greatest retailers
in improving store-level performance and generating
verifiable business value and considerable ROI since 2001.
Reflexis is your helping hand
Retail is facing its most significant transformation ever.
Customers want a seamless experience that includes
mobile-friendly websites, omni-channel services,
experiential retail design, and other cutting-edge
technologies. E-commerce is on the upswing, with the
ease of merchants like Amazon threatening to eat into
traditional merchants’ profits even more.
At the same time, retailers are overrun with antiquated
communication tools like email, phone calls, and three-
ringbinders.Storemanagersmustmanagestoreoperations
using dozens of fragmented, store-facing outdated
technologies, keeping them off the sales floor and away
from customers. Labor budgets are generally unchanged,
forcing merchants to do more work with fewer employees.
Retail in Real-Time
Reflex is Real-Time Task Manager simplifies corporate-
to-store communications and enables stores to respond
to system- and IoT-generated alerts with best-practice
actions, allowing retailers to gain a competitive advantage
from their physical locations. Real-Time Task Manager
is a smooth approach for merchants to simplify work for
their stores.
• Connect to a Wide Range of Solutions: Integrate
Reflex’s Real-Time Task Manager with third-party
platforms like POS, supply chain, HR, merchandising,
and more.
• Create a Single Place for All Tasks: Real-Time Task
Manager automates the delivery of tasks generated by
the company, the field, the system, and the Internet of
Things. It allows store managers to monitor anything
that potentially affect customer service in one place,
allowing them to respond using best-practices.
• Prioritize Tasks: Filter and optimise system- and
IoT-generated tasks so that only the most important
ones are provided to store managers and employees,
ensuring that they are performing work with the best
possible return on investment.
Budgeting, Forecasting, and Scheduling
24 MAY 2021 SwiftNLift
Based Real Time Store Operations Platform
25. Prashanth Palakurthi
Co-Founder & CEO
Your Store Managers should never have to look at your
labour scheduling solution. Instead of requiring Store
Managers to create and change timetables, your system
should present them with a schedule that is optimised.
Your scheduling system should learn from your stores,
understand your associates’ lives, and adjust to optimise
your store schedules so that Store Managers don’t have to
make any changes. If Susan, from the deli, has to drop her
kid off at football practise every Saturday afternoon, your
workforce management software should account for this
when creating schedules.
Now that you have heard company’s vision, see the
results:
SchedulegenerationtimesatMcDonald’sUKwerereduced
from 8 hours per week per store to 1 hour per store per
week, saving 420,000 hours. In addition, the Quick Serve
Restaurant chain saw a 0.4 percent decrease in labour as a
percentage of sales, saving nearly $5.2 million yearly.
Belk: Belk realised that establishing a centralised
workforce management solution was vital to successfully
managing retail labour, enhancing associate and shopper
engagement, and offering a superior quality of work-life
for employees as its workforce grew.
Belk used Reflex is Workforce Manager (budgeting,
forecasting, and scheduling) as well as Reflex is Advanced
Analytics and Reporting to achieve these objectives.
They were able to raise revenue by 80 basis points and
improve customer service scores by 500 basis points by
implementing these solutions, as well as better relate
labour spend to customer traffic.
“Reflex is has helped more than 250 of the world’s
retailers improve store-level execution”
• American Eagle Wins Top Innovators Award for
Enhancing Store Operations with Reflex is Task
Manager.
• Barry Esposito from Belk makes the RIS News
Pacesetters 2017 list for using Reflex is solutions to
improve profitability and customer experience.
• Reflex is Customer; Luxottica wins Award for Using
Innovative Technology to Deliver a Powerful Customer
Experience.
About the CEO
Reflex is Systems’ CEO and founder is Prashanth
Palakurthi. He created the company in 2001, and he and
his co-founders pioneered the category of Retail Execution
Managementsystems,whichallowbusinessestostreamline
retail operations and implement labour operations and
customer interaction initiatives consistently.
Source: Reflex
25
MAY 2021 SwiftNLift
Most Influential
Business Leaders
in 2021
26. Tom Reilly
CEO
About the company
The use of Big Data is becoming a crucial way for leading
companies to outperform their peers. In most industries,
established competitors and new entrants alike will
leverage data-driven strategies to innovate, compete, and
capture value. In healthcare, data pioneers are analyzing
the health outcomes of pharmaceuticals when they were
widely prescribed, and discovering benefits and risks
that were not evident during necessarily more limited
clinical trials. Other early adopters of Big Data are using
data from sensors embedded in products from children’s
toys to industrial goods to determine how these products
are actually used in the real world. Such knowledge then
informs the creation of new service offerings and the
design of future products.
Cloudera was established in 2008 by top tech companies
in Silicon Valley, including Google, Yahoo!, Oracle (Mike
Olson), and Facebook (Jeff Hammer bacher). Cloudera
founders believe that open source, open standards, and
open markets are best. This belief is crucial to the firm’s
values.
Doug Cutting, co-creator of Hadoop joined the
company in 2009 as Chief Architect and remains to be
in the same post. At present, the company has over 1,600
employees and established offices in 24 countries with its
headquarters in Palo Alto, California.
26 MAY 2021 SwiftNLift
Most Influential
Business Leaders
in 2021
Cloudera
Delivers The Modern Platform For Machine
Learning And Analytics Optimized For The Cloud
27. Cloudera’s CSR activities
Cloudera has provided more than 4,000 employee
hours and cooperated with more than 20 non-profit
organisations around the world since its start. Many non-
profits seek to be data-driven, but lack the resources to put
these programmes in place and manage them. Cloudera
Cares is dedicated to assisting not-for-profits in bridging
these gaps, both in terms of data and people. Cloudera
Cares teamed with DataKind in 2014 to help non-profits
drive their own data strategies and advanced analytics,
machine learning, and artificial intelligence deployments.
Thorn, who built its Spotlight tool on Cloudera software,
maintained the data-driven theme with Cloudera Cares.
Through the usage of Spotlight, 6,000+ sexual trafficking
victims were identified in 2016, with 2,000+ being
children, according to Thorn’s Impact Report. In 2016,
the collaboration between Cloudera Cares and Thorn was
expanded to include Cloudera’s Enterprise Data Hub and
professional services hours.
Philanthropy
Cloudera Cares has collaborated with DataKind and The
Leukemia & Lymphoma Society since its debut in early
2014. (LLS). Cloudera’s offices will host events in support
of local charities in addition to their collaborations with
these organisations. Cloudera Cares also gives back to the
community by organising and funding hackathons that
support the Data-For-Good initiative.
Products rendered
■ Cloudera Analytic DB: Business intelligence and
analytics are still acting as lifeblood of business. But
many enterprises are stuck in a pattern of simply trying
to keep up with the status quo, in lieu of shifting for the
future. Cloudera’s modern analytic database, powered
by Apache Impala, is the sole solution that brings high-
performance SQL analytics to big data. Power your
business with the platform that can meet the needs of
today, and evolve to meet those of tomorrow.
■ Cloudera Operational DB: Relational or NoSQL,
structured or unstructured, Operational DB delivers
insights at the speed of business. Data is the reason of
business being successful. Supplied with the right data
at the right time, decision makers across industries can
guide their organizations toward improved efficiency,
new customer insights, better products and services,
and decreased risk. Cloudera includes operational
database — powered by open source technologies such
as Apache HBase, Apache Kudu, and Apache Spark™
— delivers a secure, low-latency, high-concurrency
experience that can extract the real-time insights you
need from big data.
■ Cloudera Data Science & Engineering: Cloudera Data
Science enables you to gain better access to Apache
Hadoop data using familiar and performant tools,
as well as addressing all facets of current predictive
analytics. Advanced data engineering, exploratory
data science, and machine learning can all be done at
scale using Cloudera.
Furnished industry solutions
Regulatory compliance: From Dodd-Frank, CCAR, and
BCBS239 to Know Your Customer (KYC) and OATS,
enforce and scale compliance with an ever-changing
collection of laws. An business data hub is the most
effective approach for keeping detailed audit trails and
making all of your data accessible for analysis.
Proactive Quality Assurance: It costs 100 times more
to fix a problem during maintenance than it does in
pre-production. With a corporate data hub, you can
cut development time in half while also responding
to performance issues in real time and removing faults
before they are manufactured.
About the CEO
Tom has a 30-year track record in the corporate software
industry. He was vice president and general manager of
enterprise security at HP before joining Cloudera. Prior to
joining HP, Tom was the CEO of ArcSight, an enterprise
security firm that HP bought in 2010. Tom was the driving
force behind Arc Sight’s successful IPO and subsequent
sale to HP. Tom served as CEO of Trigo Technologies, a
master data management (MDM) software startup, before
joining Arc Sight as vice president of business information
services for IBM. Tom now serves on the boards of Jive
Software, Ombud, ThreatStream, and Cloudera, all of
which are privately held companies.
Source: Cloudera
27
MAY 2021 SwiftNLift
28. Ichor Systems
Ichor Systems is a dependable vendor that provides
mechanical contracting services to its clients. This
later grew by offering more and more capabilities to
supply customers with more complete solutions, such as
weldments, gas panel assembly, and chemical modules.
It began expanding its manufacturing base into Malaysia
and Singapore in the early 2000s to serve its customers’
growing global presence. By the late 2000s, the company
had began to service the worldwide LED industry and had
grown its reach in North America once more.
What is the current market scenario?
We are one of the few fluid systems providers to the
semiconductor industry’s leading process capital
equipment suppliers. What is the market position of your
company? We are a top provider, and our name is well
known among our clients as the leading engineering and
design provider of fluid delivery systems.
What is your company’s vision statement
and modus operandi?
Through excellent engineering design and manufacture, it
is our objective to provide fluid delivery expertise across
all important areas of semiconductor manufacturing. We
don’t have a formal vision statement yet, but it’s our plan
to keep growing organically and inorganically to build
a larger income stream and optimise operations while
providing more and more capability to help our clients
succeed.
We’ve had a lot of success providing our knowledge
(increasing penetration across all platforms), developing
organically and through acquisitions (37 percent CAGR),
and enhancing our processes (reducing OPEX 13.2
percent to 10.2 percent from 2014-2016).
What was your initial product release?
Our first offering was mechanical engineering design
services to assist customers with improving gas flow into
semiconductor process equipment reaction chambers.
How are you distinctive from your
competitors?
We offer engineering services that distinguish us from
the competition and enable us to add additional value
to the fluid systems we produce. We provide excellent
engineering design services and unrivalled operational
expertise to ensure our customers’ success.
Do you have any products ready for release?
Yes. We’re always exploring for new ways to improve
function and cut costs by incorporating cutting-edge
28 MAY 2021 SwiftNLift
Production And Support In Order To Focus
Their Resources On Process And Technology
Development.
29. Thomas M. Rohrs
Executive Chairman & Director
technology into the design of new and potential gas and
liquid delivery systems.
What do you feel are the reasons behind?
Popularity of your product: We realise that our customers
value the high-quality manufacturing and design
engineering services we deliver.
As an organisation, you have consistently grown: We’ve
evolved with the market and adapted to the changing
needs of our clients. The single most essential component
inourabilitytogoalongsidethemandmanoeuvrethrough
semiconductor demand cycles has been our degree of
collaboration.
What are the factors/elements that make
your company ‘One Of The Best Tech
Companies’?
■ We are a key player in the semiconductor supply chain.
■ We know how to deliver those solutions to our
customers.
■ We have a talented global workforce that is loyal to
helping our customers be successful.
■ We have a forward-thinking executive team that
encourages and supports our employees to deliver the
best we have to offer.
Where do you see you and your company a
couple of years from now?
Our vision is to continue to expand through organic and
inorganic growth, so the market should expect to see a
larger revenue Ichor continuing to lean itself down and
optimizing its operations while adding more and more
capability.
About the CEO
Thomas M. Rohrs has served as Executive Chairman
and director of Ichor since February 2012 and as Chief
Executive Officer since September 2014. Prior to serving
at Ichor, Mr. Rohrs served as Chief Executive Officer
and Chairman of Skyline Solar from 2010 to 2012 and
Electroglas from 2006 to 2009. Mr. Rohrs also served as
Senior Vice President of Global Operations and a member
of the Executive Committee for Applied Materials
from 1997 to 2002 and as Vice President of Worldwide
Operations for Silicon Graphics from 1992 to 1997
Source: Ichor Systems
29
MAY 2021 SwiftNLift
Most Influential
Business Leaders
in 2021
30. Cleanliness and Sanitation
A
ll of these are compelling reasons to seek a
career in event management. However, everyone
who fantasizes about starting their own event
planning company must take a few crucial measures
before ever approaching clients.
Gain Event Planning Skills and Experience
The experience that the planner delivers to his or her
clients will determine the long-term success of an event
planning business. That is to say, if you want to establish
an event planning firm, you should first understand
what an event planner is and make sure you have the
following skills:
■ Verbal and written communications
■ Organization and time management
■ Negotiation and budget management
Creativity, marketing, public relations and
more
It would also be helpful to obtain professional
certification in the industry, including CMP designation
or involvement in MPI.
Determine Your Event Planning Market/
Forte
Assume you’ve been working in corporate meetings for
five years and are now ready to start your own company.
The first thing to recognise is that your abilities lie in
the business world. Many planners make the mistake
of claiming that they can arrange every type of event,
including corporate meetings, weddings, fundraising
galas, and more.
Stop. While you may feel compelled to offer a wide range
of services, your readiness is based on your cumulative
30 MAY 2021 SwiftNLift
31. 31
MAY 2021 SwiftNLift
prior experiences. You may eventually be able to
handle a wide range of events, but you must first
grasp the differences between corporate, association,
nonprofit, and social events. Determine your target
market as a result.
Develop a Business Plan
Because you decided on your market, you may be
thinking this is a good time to share the news about
what you can offer to the world. Not so fast. Starting
your own business isn’t as glamorous as such fantasies.
Like everything else, starting an event planning business
requires a business plan.
Obtain Business Insurance
Business insurance is mandatory. Event planning
businesses should secure general liability and other forms
of insurance to protect the business owner’s interests.
Several forms of insurance exist, so it’s best to speak with
an insurance advisor to learn all of the requirements.
Whether you plan on starting a home-based business
or if you will have a small office elsewhere, ask
questions about these forms of insurance (but not
limited to) as follows:
■ General liability
■ Product liability
■ Home-based insurance
■ Worker’s compensation
■ Criminal insurance
■ Health and other benefits
Define Your Event Planning Services
They are really valuable friends and resources. However,
this is also a good opportunity to dig a little deeper
and consider what kind of event planning services
you’ll provide.
Will you provide your customer with full-service
planning and execution for venues, food, production,
speakers, presents, transportation, hotel, and other
services? Will you focus on one component of the
planning process? What about event communications
and other communications services?
Establish an Event Planning Fee Structure
With services in mind, it’s important to determine
your fee structure. Many independent and small event
planning firms should be conscious of the various ways to
cover their expenses and make a reasonable profit. After
all, this will help keep you in business five years from
now. Most event planners charge based on the following:
■ Flat fee
■ Percentage of expenses
■ Hourly rate
■ Percentage of expenses plus hourly rate
■ Commissionable rate
Secure Funding for Your Business
Although this shouldn’t be step 9 in most circumstances,
it’s critical to be motivated by the job that your new
firm will bring so that you don’t become disheartened
when faced with the facts. And each business owner will
choose a different method for obtaining and obtaining
such revenue.
Most businesses require an operational budget, and it will
be critical to have access to a steady cash flow while the
company is being established. While it is feasible to start
a business on a shoestring budget, it is still necessary to
have enough cash to start your firm and cover any living
expenses while you wait to become profitable.
Focus on Business Development and
Marketing for Your Event Business
Now that you have your business model in place, a good
grasp of your services, and an idea of how you’ll charge
for them, it’s time to start creating crucial business and
marketing documents.
So, now you’re ready to pick the perfect name for your
company and go to work on your business development
strategy. You’ll also need to design business cards,
stationery, a website, sales materials, proposals, and
client contracts, among other things.
Source: Join for water
32. Hiten Patel
Chairman
About the Company
Collabera’s company and reputation were founded on
providing engineering solutions and talent development
to our clients. We are now partners with the world’s most
forward-thinking enterprises, developing, constructing,
operating, and automating the technology that drives
their operations, thanks to that experience. Our AI-
driven, Cloud-based technology and talent platforms
enable us to offer every solution with speed, scale, quality,
and flexibility.
And, while we’ve broadened our services to match the
changing demands of our software engineering clients,
we haven’t forgotten where we originated from: we’re
still dedicated to developing the tech workforce of today
and tomorrow through our best-in-class training and
enablement services. To put it another way, we’re fueled
by technology and backed by talent. It is our human-
centric approach that distinguishes us. It also serves as a
reminder that the most essential thing we can establish is
relationships.
So, whether you’re seeking for creative technological
talent solutions or possibilities to collaborate with today’s
most tech-forward enterprises, team up with us and let
us help you take your business or career to the next level.
Culture at the company
We’ve worked hard at Collabera to create a welcoming
32 MAY 2021 SwiftNLift
Most Influential
Business Leaders
in 2021
Collabera Inc
We Create A Dynamic Environment Of Growth,
Advancement And Learning
33. workplace for our employees. We’re motivated to work
because we know our consultants come to us searching
for dream jobs, and our clients stay with us because we
always have a pool of incredibly bright people on hand.
We’re at the crossroads of hopes, goals, problem-solving,
and growth, and we take that duty seriously. Our cultural
values assist us in carrying out our duty with integrity. In
a nutshell, they’re our daily gut check.
Hiring the right person for the right job is a tricky affair,
and most of the time the process goes wrong due to weak
recruitment strategies. This is where a corporate staffing
agency comes into play. Scanning through resumes,
verifying qualifications, screening candidates, and finally
short-listing a few prospective ones can be a tedious
process. A corporate staffing agency helps you to reduce
the workload, and offers many other benefits like reducing
overall labor time and cost of hiring, minimizing bad
hires, improving productivity, and offers you the ability
to cast a wider reach.
Features
Finding a job is a difficult, time-consuming, and
sometimes unproductive process; similarly, finding
enthusiastic, inspired employees capable of putting a
vision into reality is a difficult, time-consuming, and
sometimes useless endeavour. When asked, “How’s the
job search going?” the most typical response is, “How’s
the job search going?” Typically, a long, loud grunt.
Collabera extends a hand to make the search a pleasant
and supportive experience. A voyage that will not make
you groan, and one that you will never travel alone.
The company’s helpful employee network assists in the
placement of brilliant experts at innovative organisations
throughout the world, offering ongoing assistance for
both the client and the consultant throughout the project’s
duration.
The company’s goal is to be responsive, disciplined, and
passionate about everything it does. Collabera’s corporate
culture is what makes it, and it’s that culture that will carry
the company forward to becoming the leading provider
of the top talent in the IT services industry.
Another initial struggle Collabera faced was to scale up
its business. After beginning with just one key client, it
was difficult to gain a lot of traction in the industry. But,
Collabera never gave up and put in the time and energy to
ensure it delivered the best-in-business client experience
that became its foundation. Attracting the right talent
to grow the business was a challenge – 20 years later its
management team is still strong and together.
Collabera’s First Priority Is Its Employees
Our people are our most valuable asset. They’re involved
and aware that their ideas and opinions are valued—this
is big! Our staff are the driving force behind our ability to
develop; they come up with incredible new ideas every
day. We promote a sense of ownership and pride in our
employees’ daily work when we listen to them, empower
them, and allow them to work independently. Our
commitment to our employees’ growth and development
has never been stronger than it is now: in the last
three years, we’ve doubled the size of our learning and
development team. We want our employees to thrive, so
when we’re considering expanding, we start with them.
The organisation aspires to become a major global leader
in the professional services business in the future years.
With so much emphasis on innovation and automation
right now, I’m excited to see Collabera become one of
our industry’s most technologically connected firms. As
for me, I’m excited to train the next generation of leaders
who will emerge from our pool of incredibly talented
employees.
The Backbone of the company
HitenPatelearnedabachelor’sdegreeinengineeringfrom
Stevens Institute of Technology in New Jersey. Hiten left
IBM after several years working for some of the world’s
most prestigious organisations when the opportunity
to purchase Collabera arose. He borrowed money from
friends and family and promised to pay it back at a very
high interest rate, giving him the drive and ambition to
see Collabera succeed.
Source: Collabera
33
MAY 2021 SwiftNLift
34. Entrust
About the company
Entrust Data Card was founded 50 years ago to address an
issue in the payment industry: how to quickly customise
a payment card or credential to match market demand.
Payment cards were still relatively new at the time, and
high-speed customization was required. This market
concern was noticed by the founders of Entrust Data Card.
We’ve developed secure links all around the world,
including into space. With our card printing and issuing
technology, we’ve made it possible to make secure debit
and credit card purchases. With our border control
solutions, you may travel internationally safely. With our
SSL technologies, we’ve created safe online experiences.
With our authentication products, we’ve also protected
networks and devices.
Entrust Datacard, as a merged firm, was able to bring a
combined solution to the government market that allowed
for the secure issuing of a physical passport with a chip
containing the citizen’s digital identity. This chip contains
all of the information found on a physical passport, as
well as background information utilised by the worldwide
community to verify an individual’s identification.
This integrated solution gives residents an identification
that is unique to them as individuals, allowing them to
travel freely across borders. For the Internet of Things,
Entrust Datacard also provides authentication, connected
systems, and secure gateways.
According to the firm, its five success factors are:
1. People- Above all, the organisation believes in its
employees and provides them with the necessary
resources to fulfil their goals while also empowering
them to reach their professional goals.
2. Ownership- Because it is a privately held firm, it has an
owner that believes in the company’s long-term growth
and is ready to reinvest profits into developing future
offers.
3. Global reach—serving over 150 countries from 34
locations across the world—provides a fantastic
opportunity to break into a variety of markets.
Diverse customers and markets, as well as a diverse
product line, are among the company’s strengths.
The organisation contributes to the worldwide IT platform
and society at large by actively participating in a variety
of standard groups, such as the Certificate Authority
(CA) Browser Forum. The Cloud Security Alliance, the
Industrial Internet Consortium, the Document Security
Alliance, the VMWare Mobile Security Alliance, the
Secure Technology Alliance, the PCI Security Standards
Council, and the FIDO (Fast IDentity Online) Alliance
are just a few of the organisations to which the company
belongs.
About the CEO
Anudeep Parhar joined Entrust Datacard in 2016 to
spearhead the company’s rapid shift to the cloud across
the board. His vision and leadership are critical to
improving the company’s digital security posture and
modernising the company’s technological operations for
34 MAY 2021 SwiftNLift
Datacard Provides Trusted Identities For Secure
Transactions In Today's Digital World
35. Anudeep Parhar
CIO
colleagues and customers. Mr. Parhar came to the firm
from Bloom Health, where he was the chief technology
officer. He formerly worked at Digital River, Blue Cross
and Blue Shield of Minnesota, and Thomson Reuters
West in executive IT and technology roles. He holds a
master’s degree in computer science from the University
of Minnesota, Moorhead, and a bachelor’s degree in
computer science and engineering from India’s Gulbarga
University.
Source: Entrust
35
MAY 2021 SwiftNLift
Most Influential
Business Leaders
in 2021
36. Richard Newberry
Ceo
About the company
KMCControlshasbeenaleadingAmericanmanufacturer
of open, secure, and scalable building automation
and technology solutions for more than 50 years. In a
nutshell, we’re creating geniuses! We collaborate with
leading technology companies to develop cutting-edge
technologies that assist customers enhance operational
efficiency, reduce energy consumption, increase comfort,
and improve safety.
Wedistributethesesolutionstoaglobalnetworkofsystem
integrators and distributors from our headquarters in
northern Indiana. In reality, our products are in charge
of buildings of all sizes and types all over the world,
including North America’s most environmentally friendly
office complex. We stay on top of technical advancements
by actively participating in industry-wide technology
initiatives and partnerships.
Mission: We will deliver Responsive and Supportive
People with Innovative and Intuitive Solutions.
Vision: KMC Controls will provide building automation
and technology solutions that are both creative and simple
to use. Our dedication to our customers, inventiveness,
and devoted, passionate personnel will make us stand
apart.
Ken Kreuter created the company in 1969. It has now
been automating and controlling building systems for
nearly 50 years, assisting facilities in achieving higher
levels of energy efficiency and indoor environmental
36 MAY 2021 SwiftNLift
Most Influential
Business Leaders
in 2021
KMC Controls
Manufacturer Of Building Automation Solutions For System
Integrators, System Distributors, And OEM Partners
37. quality. It operates with the goal of providing cutting-
edge, user-friendly automation and technology solutions.
“We will be known for our customer-centricity, ingenuity,
and hardworking, enthusiastic staff.
ThefirstareaofexpertiseforKMCControlwaspneumatic
HVAC. Over time, the company evolved into an industry
visionary, identifying gaps in the market and creating and
implementing innovative technologies to solve them.
Redefining Automation Building
KMC, as a firm that produces automation, has a lot to give
the environment and the rest of the world. For example,
KMC Commander, the company’s coveted IoT and
Automation platform, began as a vision to bring together
building systems from many networks, protocols, and
locations in a single, web-based mobile platform. KMC
teamed together with Intel and Dell to promote IoT and
show that teamwork is the only way to succeed when it
comes to this new connected notion.
KMC Controls is devoted to its customers and clients,
and it is always assessing their needs and developing new
products or updating existing ones. It does not believe, for
example, that KMC Commander will ever be a complete
solution. This implies that it will continue to evolve and
add new features.
Newberry explains, “Another example of our ongoing
innovation and consumer awareness is the KMD
Translator, a device that translates our pre-BACnet
proprietary protocol, KMDigital, into BACnet.” This was
established in response to customer demand, and it now
allows users to update their KMDigital devices, as well
as join the IoT with the addition of KMC Commander.
This allows clients to gain benefits without
having to replace their entire system. KMC
is currently developing IoT microservices
for the energy and educational sectors.
Future Ventures
KMC anticipates significant
development in a variety of channels
during the next few years. Its most recent
and well-known channel has been the OT
channel of Systems Integrators and OEM
clients, with a specialisation on HVAC
systems. “We are ecstatic about what
the future holds for KMC, and we can’t wait to share all
of this success with our clients and partners,” says the
CEO. KMC Controls’ Internet of Things (IoT) solution
for building automation, KMC Commander, continues
this attitude of innovation and market awareness under
his leadership.
About the CEO
KMC Controls’ CEO and Strategic Advisor to the Board
of Directors is Richard Newberry. He is a pioneer in the
fields of energy management, Internet of Things, and
building automation. Since 2014, Newberry, who was
formerly President of KMC, has managed the company’s
corporate development, new product creation, and
competitive strategy.
Newberry brings more than 30 years of executive and
general management experience in the energy, oil and
gas, technology manufacturing, and building automation
sectors to fostering innovation and developing strategic
collaborations with industry-leading technology
organisations. He is presently leading KMC’s work with
Silicon Valley tech behemoths in the development of
a ground-breaking solution for integrating building
automation systems to the Internet of Things. Newberry
graduated from the University of Indianapolis with
bachelor’s degrees in economics and accounting and a
master’s degree in business administration from DePaul
University.
Source: KMC Controls
37
MAY 2021 SwiftNLift
38. Cleanliness - Equipments
And Their Uses
In the last few years, the event planning sector has
exploded. It generates a healthy return on investment
and is a low-risk venture.
People nowadays place a higher value on quality of
life. They like to make the most of every opportunity.
They become physically and emotionally invested in
their events, and as a result, they actively seek out
competent event planners to arrange specific events
such as birthday parties, weddings, goodbye parties,
anniversaries, and so on.
Product launches, team development events, sales
meetings,andend-of-yearcelebrationsareallexamples
of corporate events. An event planner has a long
range of business event planning options (as well as
non-profit fundraisers) to choose from. Additionally,
because the events you’re planning are pleasant
occasions, owning an event management company
may be an optimistic and enjoyable experience. All of
these factors combine to make event planning a great
business to start.
Birthdayparties,weddings,graduations,anniversaries,
christenings, and bar mitzvahs are just a few kinds
of events you might handle. In fact, an unique event
could be required for almost any occasion.
It is usually advisable to research the market and
competitionbeforeenteringanysector.Understanding
your competitors and customers will provide you a
competitive advantage in this market. It is extremely
useful in making critical decisions such as fee
structure, client taste, and preferences, all of which
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have a significant impact on business success.
In addition to private events, there are also corporate
events such as product launches, team building
events, sales meetings, or end-of-year events. The
list of corporate event planning opportunities (as
well as non-profit fundraisers) available to an event
planner is extensive, which means there is a long list
of opportunities for someone who recognizes what
makes this business sector well-suited for startups.
Almost Unlimited Income Potential:
The types of events mentioned above are the tip of the
iceberg. The potential client roster available to you is
huge. In terms of potential, you are only limited by
your imagination.
Low Business Start-up Cost: The event management
concept is difficult to beat among the many start-up
business ideas. You won’t require an office, and you’ll
be able to hire contract workers as needed. You also
don’t need to keep any form of inventory, unlike
many other firms. If you want to start your own event
management company, you may do so for very little
money.
Minimal Risk: Because you don’t need to invest
in many of the fixed costs (i.e., office space and
equipment) associated with other business start-ups,
your downside risk is kept to the absolute minimum.
Positive Cash flow: As a business owner, you have
the freedom to choose the payment options to offer
your customers. In event management, however, it is
fairly customary to pay 50% in advance and the rest
in full before the event. You won’t have the cash flow
problems that many new firms do because you won’t
have to wait 30-90 days for payment. Also, because
you’re paid in instalments before you finish, you don’t
have to chase after money as some business owners
do.
Repeat Business: Clients that return time and time
againarethegoldengrailofeveryfirm.It’sconsiderably
easier to do repeat business with existing customers
than it is to constantly seek out new ones. If you do
a good job, corporations will always offer you repeat
business, and if you do a good job, private individuals
will likely suggest you to their friends and relatives.
Accessibility: Because event management has grown
in popularity as a business start-up, the availability of
online event management courses has proliferated. It’s
easy enough to do a Google search to find the best one
for you.
Efficiency: One of the most significant advantages
of event management is the ability to use available
software to automate many of the essential duties.
Today’s market has a plethora of fantastic software
products that can assist you in organising and running
your business effectively.
Build a Substantial Asset: An event management
operation, especially one with repeat corporate
clients, is a valuable asset that you can sell or pass on
to a family member.
DynamicIndustry:Peoplebecomeinvolvedphysically
and emotionally in their events and actively seek out
good event planners. The end result is a rewarding
career where you’re engaged and interacting with
people.
Fun: Running an event management business can
be an upbeat and fun experience because the events
you’re orchestrating are happy occasions.
To summarise, the event planning industry is a good
startup opportunity due to its low risk element, high
return on investment, and high market demand. So, if
you’re thinking about getting into the event planning
industry, the methods listed above will help you learn
about the requirements for getting started.
Source: Clean Business Boss, Wikipedia