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SaaS Interviews with CEOs, Startups, Founders

1340 She Helps Raytheon with Procurement, Passes $1m in ARR with eye on $5m

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6683 Ratings

🗓️ 26 March 2019

⏱️ 16 minutes

🧾️ Download transcript

Summary

Nicole Verkindt is the Founder & CEO of Canadian technology company, OMX (theomx.com). Previously, she led a high tech manufacturing business selling to Governments around the world. Nicole is on the Board of the Canadian Crown Corporation, CCC (Canadian Commercial Corporation) that performs government to government contracts between Canada and other countries around the world. She is also on the Advisory Board of the Peter Munk School of Global Affairs, known for their Munk Debates. She is a commentator on CBC and columnist for Vanguard magazine focusing on technology and business news and a “Dragon” on CBC’s Next Gen Dragon’s Den, which is dedicated to early stage technology businesses. She was named Canada’s national woman entrepreneur of the year in 2017. She joined Gimlet media’s show “The Pitch” as the 4th investor for the 2018 season.

Transcript

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0:00.0

Hello everyone. My guest today is Nicole Verkan. She's the founder and CEO of Canadian technology

0:05.8

company called OMX. Previously, she led a high-tech manufacturing business selling to governments

0:10.1

around the world. Nicole is on the board of the Canadian Crown Corporation that performs

0:13.8

government-to-government contracts between Canada and other countries around the world.

0:18.2

She's a dragon on CBC's next gen, Dragonsden, which is dedicated to

0:21.8

early stage technology businesses and join Gimlet's media show the pitch as the fourth investor

0:26.9

in the 2018 season. Nicole, are you ready to take us to the top? I am. All right, good. So,

0:33.1

so first question first. You have your hand in a lot of media related stuff with your show,

0:37.2

with Gimlet's thing, but you're also kind of running your own company. They have to compete

0:40.9

from a priority perspective, or if not, how do they feed each other? Yeah, they definitely compete.

0:45.9

That is the constant battle is trying to balance those two things. But we, with OMX, we sell to

0:53.3

government, but mostly big industrial companies,

0:56.4

traditional corporations. So the work I do, I'm also on the board of the Canadian Chamber

1:00.9

of Commerce as well. So that kind of stuff is really good because we do get, we do position

1:05.6

ourselves as thought leaders in the space on digitizing traditional businesses. And it does help our business.

1:12.4

And it's really good from a from a positioning perspective.

1:15.7

So give us kind of give us a customer example of what OMX, you know, maybe who you sell

1:19.6

to, Raytheon General Dynamics, et cetera.

1:21.6

Walk me through how they use you guys.

1:23.4

Yeah.

1:23.8

So we do a lot of work in what I call the regulated market.

1:26.6

So energy, infrastructure, mining, aerospace defense.

...

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