A letter from the Owner, Steve Harter:
Why Should I Trust Knomatic to Digitize and Develop Mobile Apps for My Company?
In the 1990s, I founded eight companies listed on the NYSE Stock Exchange. Over the following five years, these companies, through numerous acquisitions, collectively generated over 5 billion dollars in revenue. This experience gave me firsthand insights into integration challenges and strategic achievements in operations.
In 2002, I acquired Texas Taxi assets from Stage Coach LLC. We successfully doubled the free cash flow in the first decade without increasing driver rates. Subsequently, during the second decade, we innovated by developing smartphone applications and transitioned our company to a paperless operation.
This transformation was driven by recognizing smartphones' transformative potential and understanding that their impact would extend beyond the taxi industry to revolutionize businesses across various sectors. This is where Knomatic was born……
The bottom line- The state of Texas has successfully revolutionized its operations, introducing efficient gas well plug and abandonment, and municipality emergency management applications. One refinery saved over $900,000 by digitizing the work permitting process, while another client reduced call center staff by more than one half and the savings paid for the software. We implemented a tailored rental software for industrial equipment supporting 40 digital forms and 50 processes for $35,000, including tying into the accounting system. The rental business is now paperless. These outcomes align with my own experiences in various companies, highlighting the ongoing trend of impactful efficiency improvements.
Sincerely,
Steve Harter
sharter@notrecap.com
https://www.linkedin.com/in/steve-harter-16b76662