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New, independent company will focus on developing site selection software
FOR IMMEDIATE RELEASE
GREENVILLE, S.C., [March 27, 2024] – Global Location Strategies (GLS), a leading international site selection firm, is excited to announce the assignment of their software products to a new company: Strata Platforms. This strategic move underscores GLS’s commitment to the growth and development of the software, as well as innovation within the site selection industry.
Strata Platforms will operate independently from GLS, which will enable the new company to invest in and improve existing cloud-based technologies, as well as develop new solutions to serve the site selection, commercial real estate, and economic development markets.
Strata Platforms will continue to deliver software services of property marketing (LOIS) and property data collection (Lasso) to its subscribers and users globally. Strata Platforms will also continue developing site selection analytic and reporting technologies that were invented and incubated by the team at GLS.
“I am excited about the spinout of our software and the creation of Strata Platforms,” said Didi Caldwell, President and CEO of GLS. “These products have transformed the way we do our work, and the decision to spin out the technologies from our consulting business is a strategic opportunity to provide our clients and stakeholders with even better software solutions. GLS looks forward to being a Strata Platforms client for years to come.”
Strata Platforms will be led by Charles Houser, a veteran entrepreneur with a proven track record leading and growing companies. “Charles’s leadership and experience align well with the goals of Strata Platforms. With his background and enthusiasm, I am confident that our software solutions will not only meet but exceed the expectations of current clients and the broader market,” added Caldwell.
“The possibilities for Strata Platforms are tremendous,” said Charles Houser, CEO of Strata Platforms. “With strategic new investments, a bold vision, and our knowledgeable and experienced management team, our technology solutions will be a game-changer for stakeholders in the site selection ecosystem.”
About Global Location Strategies
Global Location Strategies (GLS), one of the world’s most experienced and reputable site selection firms, specializes in siting complex, capital- and resource-intensive facilities. GLS offers a full suite of traditional site selection services for companies, as well as consulting solutions for economic development organizations—focusing on matching companies and communities for mutual, sustainable prosperity.
About Strata Platforms
Strata Platforms delivers site selection software that radically accelerates corporate location decisions. Strata Platforms saves time and money for site selectors and real estate professionals by connecting them to dedicated economic developers and delivering custom solutions by facility type. Existing customers include leading site selection consultancies, state and regional economic development organizations, railroads and utilities. To accelerate the search-to-selection process, visit www.strataplatforms.com.