The Millennium Group Announces Strategic Investment in Smiota, Inc.
By. Frank Farnacci, EVP, TMG
The Millennium Group (TMG), Where Service Matters, the largest private provider of on-site managed Mail, Print and Office Services outsourcing for commercial enterprises, announced today its strategic investment in Smiota, Inc. a major cloud based IoT technology platform company that provides package management solutions for the last-yard deliveries bringing secure exchange of physical goods across all industries.
TMG’s investment combines its’ expertise in managed office services and logistics with Smiota Inc.’s expertise in delivering solutions that address the increasing demand for fully-automated receiving and secure package delivery platforms. Smiota is an acronym from SMart Internet Of Things Appliance. With expanded innovative offerings, TMG’s investment further provides its clients with integrated solutions for secure automated package delivery. For Smiota, this investment allows for rapid penetration into the corporate enterprise space, complimenting their retail and residential market growth.
“We are extremely excited with our strategic investment in Smiota, Inc. Our industry experience in managing on-site services coupled with Smiota, Inc’s technology ensures that our clients will receive the most advanced and innovative service delivery solution,” said Timothy P. Kerner, TMG President. Tim will join Smiota’s Advisory Board effective immediately as both firms begin an integration process.
“We are seeing rapid adoption of our advanced package management solutions from software to smart lockers in the enterprise space. Having TMG as a strategic investor and partner further accelerates Smiota’s technology adoption in Fortune 1000 companies”, said Manju Kashi, CEO of Smiota, Inc. “We are excited to have Timothy Kerner on our board as he brings over 30 years of industry expertise that will help position and grow Smiota in the enterprise space.”
TMG has successfully implemented intelligent delivery lockers and recently featured its implementations for a university and a corporate client in a recent blog post.
About Smiota, Inc.
Smiota, based in Pleasanton, California, is solving the problems of the last yard delivery with a cloud-based platform, locker operating systems, applications, and services that facilitate the efficient and secure exchange of physical goods. Our platform is designed to work across all industries from multi-family apartments, corporate facilities, university residences and campuses, retail stores and even single-family homes. Smiota’s IoT cloud platform provides a complete chain of custody of physical goods; from order to last yard delivery tracking, notification and reporting. We are developing and leveraging real-time/predictive analytics, machine learning, and vision-based AI to provide our customers with an amazing user experience in the last yard of package management. Visit Smiota, Inc.