23 December 2019

Touchstar achieve higher than expected sales for PODStar proof of delivery system  

December 23rd, 2019

Proof of Delivery innovator continues to shake up the market Touchstar, a developer of intelligent real-time EPOD solutions, and a member of the Touchstar PLC group of companies, has enjoyed an 86% growth in the sales of its PODStar integrated Proof of Delivery system. 

The Touchstar PODStar solution services any organisation with a van or HGV fleet and offers optimisation of work scheduling, reduction in fuel costs and improved customer service levels without adding extra business complexity. Highlights of 2019 include:

  • Year-on-year double-digit revenue growth driven by new and existing customers
  • Record Revenues with sales up 86% on previous year
  • Record customer acquisition new system license
  • New customers that purchased PODStar solutions include Metsec, Instarmac, AET,  French Garden and Tican to name a few and two last minute signings in the run up to the Christmas break. ·
  • Expansion of installed base with a 38% increase in recurring license revenue
  • A two-fold increase in average new customer Annual Recurring Revenue (ARR) Resources growth
  • PODStar expanded its team with appointments across customer support, project management, sales and engineering  

A sustained commitment to R&D

The Touchstar R&D programme for PODStar is driven directly by customer input. New software modules are developed and as a SAS cloud-based platform, these options become automatically available for existing and new users.     

“It is a team effort,” states Mark Hardy, CEO of Touchstar Technologies. “We’ve worked extremely hard to deliver strong results and to exceed the expectations within this division is terrific. Despite an uncertain economic outlook, we plan to continue this momentum in the UK for our standard EPOD offering and to further increase our footprint in international markets with our more specialist ‘bulk logistics’ variants. Logistics professionals across the globe are recognising the transformation delivered by intelligent automation and digitisation, and we are here to deliver.”