Motek Garners 'Technology Fast 50' Award in Deloitte's Annual Ranking of L.A.'s Fastest Growing Companies
6 October 2005
Motek Inc., developer of the Priya TM warehouse management software, has once again captured a spot among the leaders in Deloitte & Touche's annual “Technology Fast 50” program for the Los Angeles area. This year marks the fifth time that Motek has been included among the winners on the list compiled by Deloitte, one of the nation's leading professional services firms.
To qualify for the "Technology Fast 50" program a company must have had operating revenues of at least $1,000,000 in 2004 and be a "technology company," defined as a company that owns proprietary technology that contributes to a significant portion of operating revenues, or devotes a significant proportion of revenues to the research and development of technology. L.A.-area recipients are then ranked according to percentage revenue growth over the five-year period from 2000 to 2004.
"Our increased profits and organic growth stem form an ability to deliver one, all inclusive, product to all our customers in a market focused on service revenue and customizations," says Motek's President and CEO, Ann Price. "By providing an easy to configure, easy to install, and easy to maintain warehouse management system we reduce our customer's total cost of ownership.”
Warehouse managers who want an all inclusive, off the shelf product at a cost-effective price seek out Motek. They are tired of being unable to support or upgrade complicated, customized software. Motek's Priya inventory management software provides them with a simple, configurable solution."
Priya is, the only fully-featured, Microsoft Windows -based ® inventory management software solution that can support over 300 concurrent mobile users. This kind of throughput was previously limited to more expensive AS400 and UNIX-based warehouse management systems running custom or vendor-configured code. Priya also features an open architecture that allows straightforward interface with a number of ERP systems, transportation management systems, and other supply chain management applications.
Founded in 1991, Motek further differentiates itself from other warehouse management software developers by utilizing a standardized implementation methodology. Called Tycan TM, this methodology provides customers with a cookbook approach to inventory management software implementation with every hour accounted for and a roadmap that guides the project step-by-step wrapped in a structure for proactively resolving implementation issues quickly. Rapid start-up allows companies to attain an ROI in less than a year, as opposed to inflexible, custom applications whose long implementations create vendor dependence. Motek customers use Tycan to implement the same inventory management software in subsequent facilities without vendor assistance.
"We're unique in our marketplace because while everyone focuses on increasing service revenue we actively pursue low cost of ownership through reduced implementation and support costs," says Price. "We pride ourselves on making warehouse managers, not us, the heroes in the eyes of their corporate management. This allows these individuals to advance within their own organization, and accounts for a 100% satisfaction rate."
"The past five years have been a roller coaster ride for technology companies," said Tim Lovoy, Partner in the Technology, Media & Telecommunications Group at Deloitte's base in Los Angeles. "The companies on the Deloitte Los Angeles Technology Fast 50 have shown they can prosper in challenging economies and marketplaces. Deloitte is pleased to recognize their achievements."
Source: PR Web
All trademarks and copyrighted information contained herein are the property of their respective owners.
Related Articles
|
