IoT solutions provider recognized as one of Utah’s best manufacturers
SALT LAKE CITY, UTAH – January 11, 2017 – Monnit Corporation (www.monnit.com) today announced CompanyWeek, the media voice of the Rocky Mountain manufacturing economy, placed Monnit among Utah’s best manufacturers in its yearly review.
CompanyWeek recognized Monnit for its unique ability to reimagine how remote technology is built in the U.S., by tapping into Utah’s leading manufacturing workforce. Monnit’s success began when Walters asked old clients, “What didn’t our last product do?” after his last company, MaxStream, sold to Digi International in 2006.
“I jumped back in the game to be more relevant,” said serial entrepreneur, Monnit founder and CEO, Brad Walters. “We built wireless sensors to monitor heat-related issues, but we also remotely monitor assets, infrastructure and processes to make sure the owner is aware of an issue before it becomes costly. We had customers within six months of generating our idea.”
Nearly all of Monnit’s complete remote monitoring solutions are manufactured in Utah, which allows them to fulfill the needs of business customers on any main street in America. “If it’s a business with an entrance or a retail location, they have something that can go wrong and cost them money,” said Walters. “Our pitch is simple: you’ll receive a return on your investment very quickly. There was a Botox company chain that had a batch spoiled because it got too hot. $15,000 lost. They contacted us. That’s what we’re seeing throughout our customer base.”
The reader’s choice showcase of modern manufacturing by CompanyWeek declaimed Monnit as a leader helping to reshape and energize technology driven manufacturing and fabrication in Utah. “It’s the right thing to do for our country and our culture,” said Walters. “Our wireless sensors are built around one platform which can be adjusted, through a software change, to work anywhere in the world. This simple manufacturing design keeps costs down.”
CompanyWeek is the media voice of the Rocky Mountain manufacturing economy. Its weekly publication provides in-depth goods-producing industry profiles across Colorado and Utah.
About Monnit Corp.
Monnit is a global leader in the design and manufacture of low-cost turnkey monitoring solutions for commercial, industrial and consumer markets, recognized by CRN as one of the “20 Coolest IoT Hardware Vendors,” for its innovation, devices, analytics and infrastructure that have transformed and improved the way we work and live.