HISTORY OF GLOBALREADER AND
THE EVOLUTION OF OUR PRODUCT
2014
2015
2016
Start of GlobalReader
07.05. 2014
GlobalReader was born from a fundamental need in the manufacturing world. Founded by Indrek Jaal and Kristo Kõiv.
Version 1 is built to start testing product on first clients
By the end of the year we have 10 paying clients
First investment round
Entering to German market 🇩🇪
2017
2018
Version 2 of software is released
Entering to Latvian market 🇱🇻
2019
EAS (Enterprise Estonia) grant for
company development
Entering to Finland market 🇫🇮
2020
Expanding to other countries in Europe 🇪🇺
2021
Business model changed towards
feature based solution
DIY solution developed
EAS grant “Solutions based on machine learning (AI) for optimizing the processes and increasing the efficiency of production companies”
ScoutBox developement begins
1000 BlackBoxes online
2023
Changing hardware from 5V technology to 12-36V technology to support industry standard sensors
Version 3 software relase
Release of new Features:
-Quality Control
-AI
Launch of ScoutBox
Our mission is to inspire and give the tools to industry leaders to collect and use real-time data around their production resources to increase efficiency and collaboration to keep them ahead of their competitors.
We believe in:
Data driven decisions
We base our decisions on facts and data, ensuring that objective information informs our choices.
Efficiency first
Efficiency is a cornerstone of our product. We believe that in order to provide efficiency to our customers we must be efficient ourselves.
Communication
Listen, offer, ask support - We prioritise teamwork, collaboration, and effective communication. We are a team of curious individuals who thrive on tackling complex challenges and supporting one another in achieving our shared goals. We believe that clear communication and collaboration, both within our organisation and with our partners, are essential for our growth and success.
No overthinking = Less is more
We prioritise getting things done and trust that every member of the team has the desire and creativity to craft solutions. Our focus is on solving the problem rather than dwelling on the problem itself.