Derive Systems reports 35% year-over-year growth in H1 2021
John O'Shull · He Exited his CRM, Now Car Software Hits $40m Run Rate · Sep 5, 2021 · at 9:23
John O'Shull, CEO of Derive Systems, shares first-half growth figures for the automotive software company.
0:00 / 0:01exact quote · 2.0s
720p mp4 · rendered on demand · StarZero watermark
“We're up 35% year over year.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from John O'Shull
O'Shull: Derive is the only fleet software writing to vehicle ECUs
“And that's really the secret sauce in the enterprise fleet management space. Nobody's doing that. Everybody's reading from the ECU to do telematics and all that kind of stuff. Nobody is really writing back to it.”
O'Shull: Swiftpage sold for approximately $100 million
“Let's just say a hundred million is, yeah, yeah.”
Derive Systems saves Comcast $8.5M on fuel annually
“So a company like Comcast is, is got, you know, that, that portion, they've got our entire platform, but just on that portion alone, they're saving eight and a half million dollars a year on fuel. But more importantly, there's 24,000 metric tons of carbon that…”
Derive Systems revenue is 75% enthusiast and 25% enterprise
“So revenue is 75, 25 right now. So think of it, think of the enterprise 75 enthusiasts, 25 enterprise, right?”