RQM Technologies (RQM) is an exciting begin-up firm in the newly emerging subject of non-public Tracking Devices; respected business analysts corresponding to Ovum and ABI Research predict this will become a $22 billion market inside the subsequent five years. RQM will develop and distribute miniaturized Personal Locator Devices (or iTagPro shop Personal Tracking Devices). Initially, ItagPro the manufacturing of our units might be subcontracted, while we develop the supporting software and systems internally, although we plan to manufacture our products in-house in future years. Unlike our competitors, we have now army-inspired proprietary know-how (patents utilized for) which allows a lot of our systems to work with or with out the presence of cellular towers, enabling their use anyplace in the world, including cities, deserts, oceans, lakes, mountains, or anywhere else adventurous travelers find themselves. Our merchandise are also distinct in that they're small and totally programmable. Our methods will be personalized by the tip person for his or her unique, particular person purposes - for example, maritime purposes which embrace a water-activated signal (as when a crewman falls overboard) are different from those required in enterprise purposes.

Our primary target markets embody, but aren't restricted to, the family client, channel gross sales to unique gear manufacturers (OEMs), businesses monitoring shipments or vehicles, iTagPro shop the navy, and the political enviornment. Because of our distinctive proprietary programming capabilities for each individual unit, we have now already obtained indications of curiosity from several of those goal markets, together with one branch of the U.S. We predict our systems can even enchantment strongly to households concerned about the safety of their cherished ones. Sadly, child abduction is on the rise globally. More than 2,a hundred kids are reported lacking each day in the U.S. We imagine our gadgets will tremendously reduce these figures in both circumstances, while probably saving lives. The mixed number of "potential" prospects for our merchandise is properly over 500,000,000; we'll give attention to a extra lifelike and attainable three-year gross sales aim of roughly 99,000 users worldwide, which will generate many millions of dollars in sales revenues. The founders of RQM Technologies, Steven M. Bloome and iTagPro shop Andrew F. Siska, have been associates for over 20 years; they create the proper synergy to ensure the success of our company.

Steven M. Bloome is a Sales and Marketing Management veteran with greater than 25 years of efficiently penetrating beforehand unseen markets niches, partnering with different companies in win-win situations, and creating national presence for corporations. He can also be, achieved in launching new products. Andrew F. Siska is a Chief Electronic Engineer with 20 years expertise, and is taken into account an expert in his subject, having beforehand designed units for military applications, medical imaging techniques, iTagPro shop computer systems and more. By specializing in our strengths, our key customers, and our customers’ needs, RQM Technologies will enhance gross sales to several millions of dollars within two years, whereas also enhancing the gross margin on gross sales, cash management and dealing capital. Discover the simplest way to create detailed graphs to your business plan. RQM Technologies’ mission is to develop into the leading vendor of personal Locator Devices worldwide. Through a combination of evolving applied sciences, miniaturization, affordability for the top-consumer, programming capabilities and ease of use, RQM Technologies will likely be recognized as the premier developer/provider of doubtlessly life-saving Personal Locator Devices.

Product high quality and efficacy in real-life conditions. Utilizing subsequent-technology know-how so as to improve upon present systems, whereas differentiating ourselves from our competitors. Marketing: either dealing with channel points and/or boundaries to entry, or fixing issues with major advertising and promotion budgets so as to penetrate our target markets. Management: products delivered on time, prices managed, advertising and marketing budgets managed. There's a temptation to extend growth on the expense of income; we are going to keep a detailed eye on this temptation as a way to reside as much as our plan. Sustaining controlled progress to be able to handle start-up prices more effectively. To maintain these key elements, RQM Technologies’ needs include begin-up funding, partnering with worth-added investor/partners, aggressive advertising, quality sales professionals, achieved C-Level management, product branding, increasing attain into target markets, iTagPro shop affiliating with the correct channel companions, competitive intelligence and iTagPro shop acceptable use of evolving applied sciences. RQM Technologies has identified three kinds of goals that will function difficult but attainable targets for the group.