Releases

Latest Press Releases

May 7, 2014

SAVI ENGINEERS REMARKABLE COMPANY TURNAROUND IN 2013; CARRIES PROFITABILITY & STRATEGIC MOMENTUM INTO 2014

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In its first year since becoming privately held, Savi has orchestrated a remarkable turnaround that exceeded all expectations in 2013 and created a wave of momentum and growth that continues in 2014.  The transformation occurred in all areas of the business and included major additions to the company’s management team, an aggressive new product development and launch schedule, new strategic partnerships, and the transfer of operating functions from California to Alexandria, VA. Financial evidence of the across-the-board success was best seen in the $13 million EBITDA improvement from 2012 to 2013, and a return to profitability.

“At the start of 2013 we focused Savi’s activities around two key objectives: completing our transition to an independent, vibrant, stand-alone company and putting the company on a path to profitability and long-term success by bringing new sensor analytic solutions to market,” said Bill Clark, President & CEO, Savi.  “We exceeded both of these goals and positioned Savi to leverage the growing demand for our sensor analytic solutions in the $15B big data analytics market, currently growing at 27% CAGR.”

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April 29, 2014

SAVI INSIGHT BRINGS THE POWER OF SENSOR ANALYTICS TO THE INTERNET OF THINGS

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Signaling a new era in big data analytics, Savi® today launched Savi Insight™, the first-ever cloud-based sensor analytics solution for the Internet of Things (IoT). Savi Insight gives executives, line managers and business analysts immediate and unprecedented access to sophisticated, powerful analytics that transform sensor and other machine-generated data into real-time operational intelligence. Savi Insight’s innovative combination of predictive modeling and visualizations accelerate decision-making, identify and help mitigate unforeseen risks, and improve operational performance and profitability.

Savi Insight collects and correlates vast amounts of sensor and machine-generated data and mashes it with information from enterprise systems and independent data sources such as weather, traffic and social media. With easy to understand visualizations, Savi Insight makes every individual in an organization a ‘knowledge-worker’ without the requirement of being a data scientist or business analyst.

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April 9, 2014

SAVI LAUNCHES NEW SENSORS, READERS AND PORTABLE DEPLOYMENT KITS THAT DELIVER DRAMATIC PERFORMANCE ADVANCES

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Savi today introduced nine new active Radio Frequency Identification (aRFID) products including sensors, readers and portable deployment kits that deliver immediate and dramatic advances in storage capacity, performance and usability.  The new hardware makes it possible for organizations to rapidly establish a complete aRFID system in any environment, increase the speed of data capture and ultimately collect more sensor data to improve efficiency, reduce risk and more confidently manage operations.  The hardware also meets the requirements of the U.S. Department of Defense RFID-IV contract, awarded today to Savi. [See today’s related announcement: U.S. DEPARTMENT OF DEFENSE SELECTS SAVI AS SOLE PROVIDER FOR RFID-IV CONTRACT on www.savi.com]. 

“When customers talk about collecting and managing information from sensors, it is not as simple as just plugging another data type into existing enterprise systems.  Sensor data is unique—it’s often erratic, unstructured and inconsistent—requiring purpose-built solutions to collect and manage it,” said Bill Clark, Savi’s President and Chief Executive Officer. “By combining the upgraded performance of Savi’s new sensors and hardware with our analytic applications, organizations can capture and convert their sensor data into operational intelligence to improve efficiency, reduce risk and more confidently manage their organization.”

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April 9, 2014

U.S. DEFENSE DEPARTMENT SELECTS SAVI AS SOLE PROVIDER FOR RFID-IV CONTRACT

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The United States Department of Defense (DoD) has awarded Savi a five-year contract as the sole provider to the RFID-IV program (Contract #: W52P1J-14-D-0014).  Today’s RFID-IV award follows the $204 million solicitation issued by the DoD in September of 2013 to support the Product Director Automated Movement and Identification Solutions (PD AMIS) mission.  As the initial RFID-IV contract, it establishes a $102 million ceiling for Savi to provide the DoD and other agencies with a comprehensive array of hardware and software products including active Radio Frequency Identification (aRFID) sensors, readers, Real-Time Location Systems (RTLS), Satellite Communication (SATCOM) and related solutions for global asset planning and tracking of personnel, equipment and sustainment cargo worldwide.

“Throughout our 25-year history, Savi has maintained a strong partnership with the U.S. Department of Defense (DoD) and the dedicated personnel responsible for the sophisticated tasks of automatic identification, transportation and logistics tracking across the armed services around the globe,” said Bill Clark, President and Chief Executive Officer, Savi.  “Being selected to fulfill the requirements of RFID-IV reflects Savi’s long-standing history as the pioneer, innovator and inventor of technologies, products and protocols that facilitate the use of sensors to improve operational analysis, efficiency and insight—and reaffirms our leadership status as the premier provider of both military RFID systems and the enabler of critical asset tracking capabilities on an enormous scale.”

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March 4, 2014

SAVI TECHNOLOGY ACCELERATES INTERNATIONAL GROWTH WITH PROMOTION OF ERIC GILL TO VP INTERNATIONAL SALES

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Savi Technology, the leading provider of sensor analytic solutions for high value assets, today announced the promotion of Eric Gill to Vice President, International Sales.  Gill will be responsible for developing the Savi Technology customer base and partner ecosystem in Europe, the Middle East, and Africa (EMEA) and Asia-Pacific (APAC), further expanding Savi’s global reach.

According to reports from Cisco and International Data Corp (IDC) sensors and connected devices currently generate more than 30% of the estimated 2.3 trillion GB of data collected worldwide every day, which is expected to surpass 50 trillion GB by the year 2020.  Advances in sensor technology and reductions in both size and cost have accelerated the use of sensors in business, further increasing the overall percentage of data collected from connected devices. Many leading organizations are using Savi’s Sensor Analytics platform to gain deeper operational insights from the enormous and growing amount of data produced by these connected devices, allowing them to make faster and better decisions.

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February 5, 2014

SAVI TECHNOLOGY PROMOTES SIDRA BERMAN TO VICE PRESIDENT OF MARKETING; JOINS MANAGEMENT TEAM

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Savi Technology, pioneer and leading provider of sensor-based analytic solutions, today announced the promotion of Sidra Berman to Vice President, Marketing.  Berman now reports directly to Savi’s president and CEO Bill Clark, and joins Savi’s executive management team.

Berman joined Savi in 2013 to head the company’s market management and product marketing efforts.  In her expanded role she will be responsible for creating and implementing marketing strategies and programs to drive revenue growth, enter new markets, and build awareness of Savi. Berman brings more than 15 years of high-tech marketing expertise working in both small start-ups and large global organizations.

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January 9, 2014

SAVI TECHNOLOGY ADDS BIG DATA AND ANALYTICS EXPERT JIM HAUGHWOUT AS CHIEF ARCHITECT

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Savi Technology continues its leadership of the sensor-based analytics market with the addition of award-winning technologist Jim Haughwout as Chief Architect. In this newly created role, Haughwout will be responsible for shaping Savi’s software technology direction and roadmap, contributing to Savi’s machine learning and artificial intelligence, and evangelizing the company’s solutions.

Prior to joining Savi, Haughwout was Senior Vice President of Engineering & Operations at CustomMade Ventures, a Google Ventures portfolio company.  Prior to CustomMade, he was Vice President of Commercialization & Technology at Cmed Technology, a life-sciences mobile and cloud provider specializing in data, and Chief Information Officer & Vice President of Technology at INgage Networks, an award-winning enterprise social network and mobile company.

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December 4, 2013

SAVI TECHNOLOGY IMPROVES ENTERPRISE SUPPLY CHAIN MANAGEMENT WITH SAVI MOBILE TRACKING 2.5

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Commercial enterprises, organizations and government agencies can dramatically reduce troublesome blind spots and improve overall supply chain management and efficiency with today’s introduction of Savi Mobile Tracking System 2.5 (SMTS).  SMTS 2.5 features improved asset detail, expanded sensor compatibility and advanced cloud configuration and security controls, all of which make it easier for enterprises to provide improved end-to-end supply chain visibility, including chain-of-custody, sharing of information across divisions and companies, and integration with existing enterprise information systems.

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October 30, 2013

SAVI SUBMITS COMPREHENSIVE RESPONSE TO $200 MILLION U.S. DEPARTMENT OF DEFENSE RFID-IV SOLICITATION

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Savi Technology, the largest provider of active Radio Frequency Identification (aRFID) technology to the United States Department of Defense (U.S. DoD) has responded to be a prime contractor to the U.S. DoD $204 million aRFID-IV proposal (RFP No. W52P1J-13-R-0050).  RFID-IV follows RFID-III which expires this December and will provide a state-of-the-art, common, integrated structure for logistic tracking, locating, and monitoring of assets and commodities of the DoD, U.S. Coast Guard (USCG), NATO, Coalition Partners, and other U.S. Government federal agencies.   Savi was selected as a prime for the RFID-I, -II, and –III contracts, and is the only company to respond as a prime on all four proposals.

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October 10, 2013

Partner Release: Orbcomm and Savi announce strategic partnership

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ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) solutions, and Savi Technology (Savi), a leading provider of sensor-based analytics and radio-frequency identification (RFID) solutions, today announced a strategic relationship to provide advanced location-based monitoring solutions to government and commercial markets.

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September 23, 2013

IDENTEC SOLUTIONS AND SAVI TECHNOLOGY EXPAND REACH WITH STRATEGIC PARTNERSHIP

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IDENTEC SOLUTIONS AG (“IDENTEC”) and Savi Technology (“Savi”) today jointly announced that the companies have entered a worldwide mutual reseller agreement. Both companies have been leaders in the use of real-time wireless identification, location and sensor technologies and the multi-year agreement strengthens both companies’ sales efforts by leveraging market and geographic synergies.

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September 16, 2013

SAVI MOBILE TRACKING SYSTEM 2.4 BRIDGES GAPS IN CARGO TRACKING, LOGISTICS AND ENTERPRISE SYSTEMS TO DELIVER REAL-TIME OPERATIONAL INTELLIGENCE

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Organizations gain more accurate operational insight and supply chain visibility while protecting existing investments in sensor “tag” hardware with today’s release of Savi Mobile Tracking System 2.4 (SMTS 2.4). Today’s release also introduces intelligent alert capabilities that leverage SMTS 2.4’s ability to learn from organization, user and asset behaviors and apply that knowledge to future events. Combined with additional usability improvements, SMTS 2.4 bridges the gaps across enterprise and legacy systems, captures planned and unplanned events and data, and provides real-time operational intelligence.

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August 12, 2013

SAVI TECHNOLOGY TO ACCELERATE GROWTH WITH SCOTT SHAUL AS SENIOR VICE PRESIDENT, WORLDWIDE SALES AND SERVICES

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Savi Technology, the leading provider of sensor-based analytics solutions, today announced it has appointed Scott Shaul as Senior Vice President, Worldwide Sales and Services.  Shaul is responsible for Savi’s global sales initiatives and business development strategy as well as professional services.  The addition of Shaul continues Savi Technology’s focus on building a management team with experience in technology innovations at rapid-growth stage companies.  Earlier this year Savi added Brian Daum and Andy Souders to the management team.

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July 15, 2013

SAVI TECHNOLOGY SHOWCASES TRANSFORMATIONAL SUPPLY CHAIN ASSET AND IN-TRANSIT VISIBILITY SOLUTIONS AT PUBLIC SECTOR OPEN HOUSE

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Savi Technology, pioneer and leading provider of sensor-based analytic solutions, today announced it will hold an Open House on Tuesday, July 23 to highlight its most recent supply chain and asset visibility solutions for the U.S. Department of Defense (DoD) and other public sector organizations and agencies.  The Open House will be held from 1 PM to 5 PM at the company’s headquarters in Alexandria, Virginia.

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June 19, 2013

NEXT GENERATION ACTIVE RFID TAGS FROM SAVI DELIVER DRAMATIC PERFORMANCE IMPROVEMENTS

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Supply chain and logistics professionals can improve the speed, performance and reliability of their operations with the next generation active Radio Frequency Identification (RFID) tags released today by Savi Technology, pioneer and leading provider of sensor-based analytic solutions. Savi’s widely-deployed ST-654 data rich tag, ST-621 license plate tag and the ST-618 asset tag now use Savi’s proprietary System on a Chip™ (SoC) which delivers dramatic improvements in range, reliability, battery life, storage capacity and computing capability.

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June 5, 2013

SAVI TAPS ROSEMARY JOHNSTON TO LEAD FEDERAL SALES & STRATEGY

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Savi Technology, pioneer and leading provider of sensor-based analytic solutions, today announced the appointment of Rosemary Johnston as Vice President, Federal Sales & Strategy.  Johnston will focus on delivering analytics-driven supply chain management solutions to the federal market including consignment management, asset management and other sensor-based intelligence, with an emphasis on the US Department of Defense, which has a 23-year history utilizing Savi solutions.  Having joined Savi over six years ago, Johnston was promoted to vice president, business operations and became a member of the company’s management team earlier this year.

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April 2013

SAVI ADDS DATA ANALYTICS EXPERT ANDY SOUDERS TO LEAD PRODUCTS & STRATEGY

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Savi Technology has accelerated the development of its sensor-based analytics platform with the appointment of Andy Souders as Senior Vice President of Products & Strategy. Mr. Souders brings an extensive background as a technology leader and innovator in the data analytics industry, which will help Savi provide solutions that harness the intelligence that exists in sensor networks.  Mr. Souders will oversee Savi’s solution strategy including the hardware and software engineering teams, product management, and market management.  He is also a member of the Savi Technology executive team.

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March 2013

Savi Recognized by Computerworld as a 2013 Computerworld Honors Laureate

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IDG’s Computerworld Honors Program today announced Savi Technology as a 2013 Honors Laureate. The annual award program honors visionary applications of information technology promoting positive social, economic and educational change.

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March 2013

SAVI TECHNOLOGY TAPS INDUSTRY VETERAN BRIAN DAUM AS CHIEF FINANCIAL OFFICER

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Savi Technology continues its growth as a newly independent company with today’s naming of Brian Daum as Senior Vice President and Chief Financial Officer.  Mr. Daum has 20 years of experience with fast growth companies, including executive management at venture capital-backed software companies. Mr. Daum now leads Savi’s internal operations including finance & accounting, business operations, legal & contracts and human resources.

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February 2013

SAVI TECHNOLOGY ANNOUNCES NEW, EXPANDED ROLES FOR KEY EXECUTIVES

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Savi Technology today announced a series of executive promotions – four vice presidents – reflective of the company’s commitment to build and maintain a strong and dynamic management team. The executives promoted to vice president are Jay Birch, James Costello, Rosemary Johnston and Mitch Miller.

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