Company Market Research Report: illumynt

Company Overview

Name:

illumynt

Mission of the Company:

illumynt is dedicated to maximizing technology lifecycle solutions in terms of sustainability, security, and value by using machine learning and data analytics to innovate predictive outcomes.

Foundation:

Illumynt, originally founded as CNE Direct, Inc., was established in 2002 by Paul Knight.

Key People:

Paul Knight: Chief Executive Officer and Chairman

Jerry Quill: Chief Financial Officer

Laurie Adelman Strickland: Senior Director of Global Sales

Mike Hammond: Vice President of Inventory

Joerg Herbarth: Vice President of Product & Business Intelligence

Aida Nutautas: Compliance & Sustainability Champion

Nellie Zhang: Director of Sales – APAC Region

Headquarters:

Boston, MA, USA

Other Global Locations:

Columbus, OH, USA

Memphis, TN, USA

Amsterdam, Netherlands

Hong Kong

Chongqing, China

Shenzhen, China

New Delhi, India

Singapore

Number of Employees:

No information is available

Revenue:

No information is available

What is the Company Known For:

illumynt is recognized for its global technology lifecycle solutions, which emphasize secure and sustainable reuse of technology equipment, aided by machine learning and data analytics.

Products and Services

Products and Services Offered:

1. Lifecycle Management: Transformative solutions for complex technology lifecycle challenges.
2. Data Center Decommissioning: Smart solutions for complex decommissioning challenges in data centers.
3. IT Asset Disposition (ITAD): Intelligent solutions for the sustainable reuse of technology.
4. Data Destruction: Safeguarding sensitive data through robust sanitization and destruction methods.
5. Value Recovery: Advanced solutions using data-driven insights for optimal value recovery.
6. Excess Inventory Management: Innovative management solutions for excess and obsolete inventory.

Key Features:

Infusion of machine learning and data analytics for predictive outcomes.

Focus on sustainability to extend the life of technology.

Adherence to rigorous environmental, health, and safety standards.

Commitment to data security and optimal reuse of technology components.

Recent Developments

Recent Developments:

Leadership Change: Paul Knight returned as CEO after previous leadership roles. Joe Conway promoted to VP of Solutions and Gavin Wilson joined as VP of Engineering.

Global Expansion: New facilities opened in Franklin, Massachusetts, with upcoming facilities in Cork, Ireland, and Thailand.

Partnership with Echonos: Use of Echonos’ SaaS tools for tracking and serialization of IT assets.

New Products Launched:

No information is available

New Features Added:

No information is available

New Partnerships:

Strategic alliance with Echonos for lifecycle management.

Special Initiatives:

illumynt's Green Team continued their sustainability endeavors, introducing renewable energy in facilities and refining Scope 3 emissions reporting.

Sustainability and Environmental Impact

Sustainability Initiatives:

Transition to 100% renewable energy in Memphis facility.

Adoption of Scope 3 avoided emissions reporting for sustainability metrics.

Framework and strategy established to reduce operational waste and improve the packaging material sustainability.

Certifications:

ISO 9001:2015 - Quality management system.

ISO 45001:2018 - Occupational health and safety.

ISO 14001:2015 - Environmental management system.

R2v3 Certification - Responsible Recycling standards.

TAPA FSR Level A Certification - Facility security and transportation.

Note: illumynt focuses extensively on sustainable technology lifecycle practices, leveraging data analytics and machine learning to ensure secure and environmentally responsible reuse of electronics.