The firm has helped brands and organisations such as Argos, Hermes, Konica Minolta, Transport for London and Stanley Security to improve their mobile workforce management, to deliver better service to customers.
The new business development plan has been developed by its existing shareholders, with proceeds of the funding to go towards expanding the applicability of its solutions across industry verticals and also towards business development.
Laurent Othacéhé, Cognito iQ’s CEO, commented: “Having taken the market by storm over the last 18 months, we are delighted that our shareholders enthusiastically support our ambitious growth plans. Operational Performance Management (OPM) is the next revolution in the Mobile Workforce Management industry, with potentially an even greater impact than Mobile Applications and Real-Time Scheduling had over the last 10 years.”