I’m pleased to announce that Microsoft has acquired Mobile Data Labs, creator of the popular MileIQ app and an innovator in intelligent productivity solutions for mobile professionals. This acquisition is the latest example of Microsoft’s ambition to reinvent productivity and business process in a mobile-first, cloud-first world.
In the US alone, there are over 55 million small business employees, entrepreneurs and other mobile professionals. This “self-directed workforce,” as Mobile Data Labs calls them, are always seeking ways to reduce time and effort spent on administrative chores like mileage, expenses, time tracking and reimbursement. Mobile Data Lab’s MileIQ app takes advantage of sensors in modern mobile devices to automatically and contextually capture, log and calculate business miles, allowing users to confidently claim tax deductions. In fact, the average MileIQ subscriber is able to deduct $547 per month in business miles, putting money back in their pockets. MileIQ counts over 1 million users and has been the top-grossing finance app in the iTunes store for 20 months straight.
Cofounded in 2013 by Dan Bomze and Chuck Dietrich, Mobile Data Labs has assembled a world-class team dedicated to making it easier for mobile professionals to alleviate tedious tasks through the power of ambient data intelligence, freeing them to focus on their more important business objectives. The team will continue to build and offer mobile productivity solutions and look to take advantage of insights from Office 365 and the Office Graph.
We’re thrilled to welcome Mobile Data Labs to the Microsoft family to work on new ways to improve the productivity to millions more mobile professionals. I encourage you to start using MileIQ today by visiting the iOS App Store or Android Play Store.
Also see Mobile Data Labs CEO Chuck Dietrich’s blog post here.