Monday Mar 24, 2014 by Susan Johnston - Contributor, VentureFizz
Ninety Percent of Everything: Inside Shipping, the Invisible Industry That Puts Clothes on Your Back, Gas in Your Car, and Food on Your Plate, a book by Rose George, asserts that nearly all the foods we eat and goods we use are shipped by maritime freight. Tracking and managing that volume of goods requires precise coordination and attention to detail. Boston-based Veson Nautical has developed a software platform to help shipping companies around the world manage their vessels and voyages.
Initially founded by Michael Veson in 1979, the company got its start with a distance calculation tool. Ten years ago, when Michael Veson's son, John, current CEO, and Eva Douzinas, current CFO, stepped into leadership roles, they steered the company towards a more robust suite of shipping fleet management products that Veson Nautical offers today.
"Shipping is an immense industry," Maretta Young, Veson's marketing manager, says. "There's a lot of opportunity for improved technology adoption within shipping. A lot of these companies have been using homegrown or Excel-based solutions. To have a really robust end-to-end tool gives them a real advantage in the marketplace. We're first in the market for a solution like this."
Veson Nautical more than 200 clients and 5,000 users worldwide. "It's very exciting to be in a city like Boston where there is a lot of business and talent and tech," Young says. "Interestingly, it works very conveniently as a midway point between clients in the Americas, Europe, and other parts of the world."
Veson's employees reflect the company's global reach, according to Barry Hartunian, Veson's vice president of human resources. "It's truly a global organization both with our clients and our employee base," he says. Veson's 80 employees hail from over 25 different countries. Currently, more than 50 employees work out of Boston, another 20 are divided between Veson's Singapore and London offices, while several team members work remotely, but Hartunian expects the head count to be over 100 by the end of the year.
Hartunian says the company's global reach is attractive to many employees. "We've been global from day one, and that's what draws a lot of our employees here. We also attract people who are passionate about commercial maritime or technology," he says. "You don’t find a lot of organizations in the tech space with this dynamic environment and culture."