Company Information
Founded in early 2000 during the ‘dot-com’ bust, LMI Global became a trusted source for orderly asset disposition while maximizing residual value for lease/ finance institutions and high-tech organizations looking to shed IT assets. The company is committed to vastly improving customer satisfaction in the secondary network equipment market through the development and deployment of technology that enhances overall liquidity while maximizing value. The foundation of LMI’s innovative approach is its disruptive technology.
LMI has engaged, represented, and assisted various international finance institutions enabling the liquidation of technology assets for organizations including Mitsubishi UFJ, Sumisho, Tokyo Lease, and Softbank Business Lease. The company has worked with finance groups in the United States, Japan and Europe such as Pentech Financial, Wells Fargo, Relational Technology, Direct Capital Corporation, and Insight Investments. The company has also worked with the U.S. military, federal, state, and local governments, academic institutions, and mid-large size corporate clients. LMI’s direct clients include the U.S. Army, US Navy, Defense Intelligence Agency, Walter Reed Army Medical, Mecklenberg County, University of San Diego, Friendster, SixApart, and LinkedIn.
Business & History
LMI Global is a trusted source for low-cost/high value new and used Cisco, Foundry and Juniper networking equipment. Since its inception, the company has been committed to vastly improving customer satisfaction in the secondary network equipment and technology markets. The company differentiates itself from competitors through its innovative web-based models and disruptive technology that is streamlining and bringing much-needed transparency to the industry.
Innovative Approach
The foundation of LMI’s innovative approach is its disruptive analytics engine, based on a database with over 50 million present day and historical data points, allowing users to gauge real-time supply/demand curves, predictive value analytics for an asset’s life cycle, real-time buyer/seller auto-matchmaking, and overall statistical analysis for maximizing residual values.
Over the last six years, LMI has been diligently archiving market data including current inventories within its buying group. The company has developed a wide range of utilities based upon data-mining current and historical market data coupled with high-level statistical analysis. The firm continually seeks to integrate high-level software applications, alternative or non-traditional business approaches, and market environmental factors to pipeline value-maximizing solutions to its client base. Presently in 2009, LMI has filed several key technology/ business process patents that, in early beta stages, have proved highly effective in solving long-standing problems to streamline industry processes while delivering a substantial, tangible increase in value to LMI’s clients.
Products & Services
LMI Global is a trusted source for low-cost/high value new and used networking equipment. The company’s innovative offerings include:
- Bravo Buyer’s Portal tapping into $1B in Meta-Inventory’
- Sierra Seller’s Portal for quick fair market valuations, market conditions, and immediate one-off sales
- Tango Wholesale Spot market for IT Assets
- Zulu Residual Value Guarantee ‘Put’ Option Market for hedging bookmarket value of IT assets
- Foxtrot Asset Reporting tool for consignment/remarketing clients
- Predictive Analytics on residual values
- Straight Procurement
- One-off consignment sales
- Consignment/Remarketing Contracts
Target Markets
LMI targets CTO/CIO executives in mid to large enterprises and organizations including:
- Large lease/finance institutions that have large portfolios of IT asset operating leases
- Universities and Colleges
- Federal, state, and local governments
- Fortune 1000/Global 2000