The SilverLogic Company Profile

Background

Overview

Founded in 2012 and headquartered in Boca Raton, Florida, The SilverLogic (TSL) is a custom software engineering company specializing in developing innovative solutions that drive automation and efficiency across various industries. The company's mission is to transform complex business challenges into streamlined, profitable solutions through cutting-edge technology. TSL's services encompass UX/UI design, product discovery, enterprise app modernization, application management, machine learning, artificial intelligence, mobile app and custom software development, and business automation.

Key Strategic Focus

Core Objectives and Specializations

The SilverLogic focuses on delivering tailored software solutions that enhance operational efficiency and drive business growth. Their core specializations include:

• Business Automation: Implementing technology to streamline workflows, reduce errors, and boost productivity.

• Custom Software Development: Creating bespoke software tailored to specific business needs.

• Mobile App Development: Designing and developing mobile applications for various platforms.

• Artificial Intelligence (AI) and Machine Learning: Developing intelligent systems that enhance decision-making and automate processes.

• Internet of Things (IoT): Building interconnected systems that facilitate data exchange and automation.

• Augmented Reality (AR): Creating immersive experiences that blend digital and physical environments.

Primary Markets

TSL serves a diverse range of industries, including:

• Property Management: Developing solutions for buying, selling, renting, and managing properties.

• Health & Wellness: Creating applications that promote physical and mental well-being.

• Commercial Lighting: Implementing IoT solutions for intelligent lighting control and management.

• Startups: Assisting emerging businesses with product design and development.

Financials and Funding

Revenue

As of 2021, The SilverLogic reported an annual revenue of $4.6 million.

Funding History

The company has raised a total of $396,000 in funding over two rounds.

Technological Platform and Innovation

Proprietary Technologies and Methodologies

The SilverLogic leverages a range of advanced technologies and methodologies to deliver high-quality solutions:

• Agile and Scrum Frameworks: Utilizing iterative development processes to ensure flexibility and responsiveness to client needs.

• Machine Learning Algorithms: Implementing predictive models to enhance decision-making and automate processes.

• IoT Integration: Developing interconnected systems that facilitate seamless data exchange and automation.

• AR Development: Creating immersive experiences that blend digital and physical environments.

Leadership Team

Key Executives

• David Hartmann: Founder and Chief Executive Officer. David holds bachelor's and master's degrees in computer science and mathematics from Florida Atlantic University. He has been instrumental in steering TSL's growth and innovation since its inception.

• Lars Hoffmann: Chief Operating Officer. Appointed in August 2024, Lars brings extensive experience in operational management and strategic planning.

• Cristina Escalante: Chief Operating Officer. Cristina plays a pivotal role in overseeing the company's operations and ensuring alignment with strategic objectives.

• Ryan Pineo: Chief Technology Officer. Ryan leads the technological vision and development efforts, ensuring the delivery of cutting-edge solutions.

Leadership Changes

In August 2024, Lars Hoffmann was appointed as the Chief Operating Officer, succeeding the previous COO. This strategic appointment aims to bolster TSL's operational efficiency and support its growth trajectory.

Competitor Profile

Market Insights and Dynamics

The custom software development industry is highly competitive, with numerous firms offering a range of services from consulting to full-scale development. The market is characterized by rapid technological advancements and a growing demand for digital transformation across various sectors.

Competitor Analysis

Key competitors of The SilverLogic include:

• Damvad: Provides economics consulting and strategic advisory services.

• Artis Consulting: Delivers technology solutions as a professional services provider.

• NEXiD: Offers digital transformation solutions.

• Syslogyx: Specializes in product development and consulting solutions.

Strategic Collaborations and Partnerships

The SilverLogic has established significant partnerships to enhance its service offerings and market reach. Notable collaborations include:

• Visa: TSL's team won the Visa Developer Challenge at Money20/20, showcasing their expertise in developing innovative financial solutions.

• TransUnion: Collaborated on projects that leverage TSL's software development capabilities to enhance data solutions.

• FirstService Residential: Partnered to develop custom software solutions tailored to property management needs.

Operational Insights

Strategic Considerations

The SilverLogic differentiates itself through a client-centric approach, emphasizing long-term relationships and delivering tailored solutions that address specific business challenges. Their commitment to quality and innovation positions them favorably in a competitive market.