New Technology, New Business Venture
GIS is known not only for its work with current businesses, but also for its impactful efforts to develop new businesses and technologies that advance the industry. Seeing the significant opportunity to commercialize this vehicle monitoring technology, GIS formed a company called Liban (later renamed Vnomics™) to develop the technology into products, processes, and services, and to bring them to the market. A business leadership team was formed and the company was invited to join a highly selective business incubator at RIT. Today, Vnomics™ employs 50 people and provides a real-time analytics system that help fleets and their drivers improve fuel efficiency.