Discourse with Hiren Hasmukh, Chief Executive Officer, on Teqtivity's Intelligent Vending Machines Venture
Teqtivity, a bootstrapped company founded in 2016, has established itself as a disruptor in the $1.97 billion IT Asset Management (ITAM) industry. The company, under the leadership of CEO Hiren Hasmukh, offers a feature-rich, customizable solution designed to be accessible to all departments in an organization, not just IT teams.
The Journey of Teqtivity
Teqtivity's journey began with the creation of TeQube, a smart locker system. Over time, the company evolved into a comprehensive ITAM solution, emphasizing simplicity and clarity. This evolution was necessary to address the challenges posed by remote work and the evolving landscape of modern cybersecurity.
Overcoming Challenges
Teqtivity has faced its fair share of challenges. Pivoting from a hardware solution to a software platform, building trust in a competitive market, and a data breach are just a few examples. However, the company has persevered, thanks in part to its focus on simplicity and its commitment to providing an affordable price point.
The Impact of Teqtivity
Companies using Teqtivity's platform have reported significant cost reductions and improved efficiency. Teqtivity's solution, which helps companies keep track of their technology from purchase to replacement, bridges gaps between departments, making asset management valuable across the entire organization.
The Future of Teqtivity
Teqtivity aims for continued growth in the next 12-18 months, both in terms of team and product capabilities. The company's ultimate goal is to maintain its position as an industry disruptor.
The Man Behind Teqtivity
Hiren Hasmukh, the CEO of Teqtivity, has a diverse background in web design, multimedia, and digital services. Before founding Teqtivity, Hasmukh established Guerrilla Design & Advertising in 2007 and Blackstorm in 2012. In addition to his professional pursuits, Hasmukh is passionate about discussing the future of sustainable IT practices and the role of businesses in contributing to their communities beyond their core missions.
Giving Back
Hasmukh is also involved with the Huntington's Disease Society of America, demonstrating his commitment to making a positive impact beyond the world of technology.
In the realm of ITAM, Teqtivity stands out for its approach to simplicity, its commitment to accessibility, and its focus on bridging departmental gaps. With its feature-rich, customizable solution and its emphasis on affordability, Teqtivity is poised to continue disrupting the ITAM industry.
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