Soter has developed a hardware-enabled software system that helps companies reduce work-related back and shoulder injuries of their workforce. Due to the high accuracy and very easy deployment of its system, Soter has convinced large companies across the globe and surpassed GBP 1 million of recurring revenue in 2021, with considerable upselling potential. As evidenced by several case studies, Soter reduces the daily number of hazardous movements in the workforce by up to 60% and as a result, also reduces the number of costly workplace accidents significantly. With each workplace injury costing USD 60’000-80’000, Soter generates large cost savings and also reduces the reputational risk for companies.
Wanted field of studies