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INIT, Innovations in Transportation, Inc. history
INIT, Innovations in Transportation, Inc. company history timeline
Four years later, in 1999, INIT founded its US subsidiary to cover the North American market.
Since then, init AG, founded in 2000, fulfills a holding function for the further growing INIT Group.
In 2001, INIT became a listed company on the German stock exchange.
A long-term partnership followed – crowned by an award for the most innovative IT and telematics project in Sweden in 2006.
The ITCS expert panel of the German Transport Association VDV (Verband Deutscher Verkehrsunternehmen) honored INIT with the itcs-Innovations-Award in 2009.
In 2014, Doctor Gottfried Greschner received the Special Career Service Award.
An important step in INIT’s development was the conversion of the stock company from a listed company under German law (Aktiengesellschaft, abbreviated AG) into a European stock corporation – a Societas Europaea (SE) in 2017.
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INIT, Innovations in Transportation, Inc. competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Cantaloupe | 1992 | $268.6M | 118 | 1 |
| Business Technology | - | $1.8M | 29 | - |
| Systems Plus | 1991 | $1.7M | 50 | - |
| Spectra Energy | 1999 | $4.9B | 5,700 | - |
| RetailNext | 2007 | $56.4M | 350 | - |
| GeoLogics | 1989 | $52.7M | 350 | 16 |
| Madison Performance Group | 1974 | $13.0M | 105 | - |
| Vectrix SEO | 1996 | $1.6M | 125 | - |
| Celerity | - | $1.0M | 50 | 16 |
| Sarnoff | - | $56.0M | 500 | - |
INIT, Innovations in Transportation, Inc. history FAQs
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