| 11.09.20

Welcome to the Million Dollar Club: Compology’s Waste MeteringTM Delivers More Than $1 Million in Savings to Waste Consultant New Market Waste

| 11.09.20

Welcome to the Million Dollar Club: Compology’s Waste MeteringTM Delivers More Than $1 Million in Savings to Waste Consultant New Market Waste

by Reza Kashani

SAN FRANCISCO, November 9, 2020 — Leading waste and recycling management consulting firm New Market Waste Solutions of Charlotte, N.C. recently reached a major milestone of saving $1.3 million in waste costs by using Compology’s waste meteringTM technology to rightsize service levels for clients Nordstrom, ADT Security, American Red Cross, Charter Communications and Iron Mountain, while also helping them meet their sustainability goals and reduce their carbon footprint.

Working together since 2018, Compology and New Market Waste have deployed thousands of in-dumpster cameras, powered by artificial intelligence, to provide remote waste metering, including missed pick ups and accurate waste and recycling output levels, across Fortune 500 and other corporate clients.  By analyzing this data and taking swift action, New Market Waste has been able to automatically right size service levels to more accurately meet their client waste needs, which saw especially impactful fluctuations during the COVID-19 pandemic.

“We are thrilled to have exceeded the million dollar threshold of savings for our clients,” said Rob Ryan, President and CEO of New Market Waste. “Our partnership with Compology coupled with our waste industry expertise has allowed us to deliver outstanding value in both the pre-pandemic and current environments, solidifying our goal of providing accurate levels of service based on reliable data, while finding every opportunity to save our clients money.”

Rightsizing waste service levels also means New Market Waste clients are reducing scope 3 carbon emissions by avoiding unnecessary garbage truck pickups. And with accurate metrics they can share the positive impact they are having on our environment through their sustainability and CSR reports.

“We’re honored to work with innovators like Rob and the New Market Waste team who embrace technology to meet client demands proactively, especially when waste levels have fluctuated as drastically as we’ve seen in 2020,” said Compology CEO Jason Gates. “We look forward to all of the opportunities ahead bringing efficiency, sustainability and bottom line impact to them and their clients.”

One notable client success story is Fortune 1000 company, ADT Security. By implementing Compology and rightsizing containers across 69 locations, New Market Waste saved ADT Security 53% on waste costs, while reducing carbon emissions by 15 metric tons. This is the equivalent of eliminating a garbage truck driving across the United States and back.

“In a lot of cases, you tend to overestimate, I need this giant dumpster. I need this huge garage. I need this huge closet because you’re not being efficient in your operations. You’re not understanding exactly what your true needs are,” said David Brightly, Director of EHS at ADT.  “Compology takes the mystery out of it. It figures out what your needs are for you so that you don’t have to.”

“Partnering with our customers is huge, and it allows us to not only build rapport today, but really have great trust going forward,” Rob Ryan said. “Being transparent and showing them innovative technologies like Compology has really allowed us to be on the forefront of advocating for our customers and helping them meet their goals.”

About Compology

As the leading provider of camera-based IoT and artificial intelligence solutions in waste and transportation, Compology helps move the world’s raw material, finished goods and waste with the smallest footprint possible. Headquartered in San Francisco, Compology delivers unprecedented visibility to both the waste and trucking industries, serving some of the largest Fortune 500 companies, property management firms, waste hauling and trucking companies, waste brokers and services providers and cities and universities. Each industry uniquely applies Compology’s core data points—fullness, content, location and activity—to operate more efficiently and sustainably. Visit www.compology.com for more information.

About New Market Waste Solutions

New Market Waste Solutions, headquartered in Charlotte, NC, is a leading waste and recycling management and consulting firm. The New Market team has been delivering cost savings results through a combination of their Smart Services technology and deep knowledge of industry options. Various Fortune 1000 companies in multiple vertical markets have benefitted from New Market’s ability to deliver outstanding results across North America. New Market will be celebrating their 20th year in business in 2021. For additional information please visit www.newmarketwaste.com.

Media contact:

Allison Lilly

Head of Marketing, Compology

allison@compology.com

SAN FRANCISCO, November 9, 2020 — Leading waste and recycling management consulting firm New Market Waste Solutions of Charlotte, N.C. recently reached a major milestone of saving $1.3 million in waste costs by using Compology’s waste meteringTM technology to rightsize service levels for clients Nordstrom, ADT Security, American Red Cross, Charter Communications and Iron Mountain, while also helping them meet their sustainability goals and reduce their carbon footprint.

Working together since 2018, Compology and New Market Waste have deployed thousands of in-dumpster cameras, powered by artificial intelligence, to provide remote waste metering, including missed pick ups and accurate waste and recycling output levels, across Fortune 500 and other corporate clients.  By analyzing this data and taking swift action, New Market Waste has been able to automatically right size service levels to more accurately meet their client waste needs, which saw especially impactful fluctuations during the COVID-19 pandemic.

“We are thrilled to have exceeded the million dollar threshold of savings for our clients,” said Rob Ryan, President and CEO of New Market Waste. “Our partnership with Compology coupled with our waste industry expertise has allowed us to deliver outstanding value in both the pre-pandemic and current environments, solidifying our goal of providing accurate levels of service based on reliable data, while finding every opportunity to save our clients money.”

Rightsizing waste service levels also means New Market Waste clients are reducing scope 3 carbon emissions by avoiding unnecessary garbage truck pickups. And with accurate metrics they can share the positive impact they are having on our environment through their sustainability and CSR reports.

“We’re honored to work with innovators like Rob and the New Market Waste team who embrace technology to meet client demands proactively, especially when waste levels have fluctuated as drastically as we’ve seen in 2020,” said Compology CEO Jason Gates. “We look forward to all of the opportunities ahead bringing efficiency, sustainability and bottom line impact to them and their clients.”

One notable client success story is Fortune 1000 company, ADT Security. By implementing Compology and rightsizing containers across 69 locations, New Market Waste saved ADT Security 53% on waste costs, while reducing carbon emissions by 15 metric tons. This is the equivalent of eliminating a garbage truck driving across the United States and back.

“In a lot of cases, you tend to overestimate, I need this giant dumpster. I need this huge garage. I need this huge closet because you’re not being efficient in your operations. You’re not understanding exactly what your true needs are,” said David Brightly, Director of EHS at ADT.  “Compology takes the mystery out of it. It figures out what your needs are for you so that you don’t have to.”

“Partnering with our customers is huge, and it allows us to not only build rapport today, but really have great trust going forward,” Rob Ryan said. “Being transparent and showing them innovative technologies like Compology has really allowed us to be on the forefront of advocating for our customers and helping them meet their goals.”

About Compology

As the leading provider of camera-based IoT and artificial intelligence solutions in waste and transportation, Compology helps move the world’s raw material, finished goods and waste with the smallest footprint possible. Headquartered in San Francisco, Compology delivers unprecedented visibility to both the waste and trucking industries, serving some of the largest Fortune 500 companies, property management firms, waste hauling and trucking companies, waste brokers and services providers and cities and universities. Each industry uniquely applies Compology’s core data points—fullness, content, location and activity—to operate more efficiently and sustainably. Visit www.compology.com for more information.

About New Market Waste Solutions

New Market Waste Solutions, headquartered in Charlotte, NC, is a leading waste and recycling management and consulting firm. The New Market team has been delivering cost savings results through a combination of their Smart Services technology and deep knowledge of industry options. Various Fortune 1000 companies in multiple vertical markets have benefitted from New Market’s ability to deliver outstanding results across North America. New Market will be celebrating their 20th year in business in 2021. For additional information please visit www.newmarketwaste.com.

Media contact:

Allison Lilly

Head of Marketing, Compology

allison@compology.com

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