10.06.15
Sonitor Technologies Inc. has expanded its executive team, appointing Erik Fausa Olsen as chief financial officer (CFO).
Olsen brings more than 15 years of diverse executive management experience, including business development, mergers and acquisitions, operational and financial leadership largely for growth companies. This includes Ferd, a diversified private an investment company with a net asset value of $4.4 billion, where he held corporate finance, investment director and managing partner roles. He also has held CFO positions at Mestergruppen AS and Evatic AS, building on his earlier career experience as a senior consultant at Deloitte & Touche Corporate Finance.
“We looked very carefully for someone who had a range of international financial and operational experience and who was very much hands on. We’re pleased to have added that very important combination to our leadership team,” said Per Heidenreich, Sonitor Technologies executive board chairman. “Having Erik’s talent and experience is important as Sonitor Technologies and the RTLS industry gain traction in healthcare, hospitality and beyond.”
Sonitor Technologies’ tiered resolution Real Time Location Systems (RTLS), with patented high definition ultrasound capabilities, are specifically developed and designed for indoor positioning in complex environments, according to the company. Sonitor has developed an open integration RTLS platform called the Sonitor Sense, a wireless system which supports a wide range of applications to improve operational efficiency in hospitals.
Several leading research and analysts groups such as Allied Market Research and Frost & Sullivan project steep growth curve for the RTLS market over the next several years. Global market research firm TechNavio forecasts RTLS to grow 38 percent annually between 2013 and 2018.
Based in Stamford, Conn., Sonitor Technologies provides RTLS solutions and develops, manufactures and supplies a proprietary ultrasound indoor positioning system that automatically tracks with room or sub-room accuracy the real-time location of moveable equipment and people in environments like hospitals.
Olsen brings more than 15 years of diverse executive management experience, including business development, mergers and acquisitions, operational and financial leadership largely for growth companies. This includes Ferd, a diversified private an investment company with a net asset value of $4.4 billion, where he held corporate finance, investment director and managing partner roles. He also has held CFO positions at Mestergruppen AS and Evatic AS, building on his earlier career experience as a senior consultant at Deloitte & Touche Corporate Finance.
“We looked very carefully for someone who had a range of international financial and operational experience and who was very much hands on. We’re pleased to have added that very important combination to our leadership team,” said Per Heidenreich, Sonitor Technologies executive board chairman. “Having Erik’s talent and experience is important as Sonitor Technologies and the RTLS industry gain traction in healthcare, hospitality and beyond.”
Sonitor Technologies’ tiered resolution Real Time Location Systems (RTLS), with patented high definition ultrasound capabilities, are specifically developed and designed for indoor positioning in complex environments, according to the company. Sonitor has developed an open integration RTLS platform called the Sonitor Sense, a wireless system which supports a wide range of applications to improve operational efficiency in hospitals.
Several leading research and analysts groups such as Allied Market Research and Frost & Sullivan project steep growth curve for the RTLS market over the next several years. Global market research firm TechNavio forecasts RTLS to grow 38 percent annually between 2013 and 2018.
Based in Stamford, Conn., Sonitor Technologies provides RTLS solutions and develops, manufactures and supplies a proprietary ultrasound indoor positioning system that automatically tracks with room or sub-room accuracy the real-time location of moveable equipment and people in environments like hospitals.