Tamarack Technology Promotes CDO to President in New Dual Role

Tamarack Technology, Inc. Scott Nelson, Ph.D., is now president of the St. Paul-based software company, in addition to its chief digital officer – a dual role. In addition to his presidential duties, Nelson will oversee the company’s vision and strategic planning. Founder Daniel Nelson (yes, they are brothers) will continue to serve as CEO of the company.

“Since Scott joined Tamarack, we have gone through a transformation,” Tamarack CEO Daniel Nelson said in a release. “We continue to strive to create and implement solutions that allow lessors to derive more value from their business. But under Scott, we now have more of the tools and expertise needed to guide customers through their digitization pathway to increase value and efficiency through automation. ”

Tamarak says Scott Nelson will focus on “efforts to expand his influence in the industry through innovation through new system-level products, design thinking and the application of new digital technologies such as machine learning and artificial intelligence” in his new dual role.

Scott Nelson has a long list of previous roles and experiences, including Product Director and Vice President of Products Digi International, Technical Director and Vice President Logic PD and more.

“Traditionally, the hardware financing industry is slowly introducing technology, but that is changing,” Scott Nelson said in a release. “With so much dark data hidden inside an organization, it’s a time when technology offers tremendous opportunities for growth and transformation. In my new role, I will focus on marrying and passing on the legacy of Tamarack customer service with the potential that technology represents to our customers and industry. ”

To learn more about Tamarak and the new role, read the release below. You can also learn about other Tamarack news here.

Minneapolis (February 16, 2022) – Tamarack Technology, Inc., a leader in providing independent software solutions for equipment financing and commercial lending, has nominated Scott Nelson, Ph.D., as president. In addition to his responsibilities as Chief Digital Officer (CDO), Nelson will be responsible for the company’s vision and strategic planning, as well as for business operations. Tamarack founder Daniel Nelson will continue to serve as CEO and chairman of the company’s board of directors.

In his dual role as president and CDO, Nelson will focus on the company’s efforts to expand its influence in the industry through innovation through new system-level products, design thinking and the application of new digital technologies such as machine learning and artificial intelligence (AI). .

“Since Scott joined Tamarack, we have gone through a transformation,” said Tamarack founder and CEO Daniel Nelson. “We continue to strive to create and implement solutions that allow lessors to derive more value from their business. But under Scott, we now have more of the tools and expertise needed to guide customers through their digitization pathway to increase value and efficiency through automation. ”

Since joining Tamarack as a CDO in 2020, Nelson has led efforts to refocus business strategy on investing in digital technology to provide greater value to the hardware financing industry. This included expanding the company’s infrastructure, technology offerings and strategic partnerships with companies such as Solifi (formerly IDS) and Leasepath. Earlier this year, the company launched Tamarack.ai, a business intelligence and performance improvement platform that uses machine learning and artificial intelligence to continuously and autonomously help institutions improve productivity by reducing capital risk through analysis and training derived from operational data.

“Traditionally, the equipment financing industry is slowly introducing technology, but that is changing,” said Scott Nelson. “With so much dark data hidden inside an organization, it’s a time when technology offers tremendous opportunities for growth and transformation. In my new role, I will focus on marrying and passing on the legacy of Tamarack customer service with the potential that technology represents to our customers and industry. ”

Nelson has joined Tamarack with more than 30 years of experience in product development, product management and entrepreneurial business growth as a leader in technology and business. Prior to Tamarack, he held the position of Chief Product Officer and Vice President of Products at Digi International, the world’s leading provider of business and mission-critical IoT products and services. In his role, he defined a business strategy to drive growth by working closely with customers and marketing to understand needs and trends.

After starting his career at Honeywell at the Center for Corporate Research and Development, he spent 15 years at Logic PD as CTO and EVP, helping hundreds of companies with business strategy and introducing new products while making the company one of the most famous and largest in design and engineering. service organizations of the country. Nelson was named titanium technology from Minneapolis-St. Paul Business Journal in 2015.

Nelson is currently a board member of Reliance Bank, based in Faribo, Minnesburg, and is an advisor to First National Bank of Sioux Falls, based in South Dakota. In addition, he advises numerous technology startups and since 2014 has been a mentor at Silicon Valley Alchemist Accelerator.

A doctoral graduate at Cornell University, Nelson is a sought-after speaker and author on topics related to innovation, design thinking and digital transformation. His work has appeared in Harvard Business Review, CIO Magazine, IoT World, as well as in many media equipment finance media including Monitor, Equipment Finance Advisor and NEFA Newsline.

About Tamarack Technology, Inc.

Tamarack Technology, Inc. is a leading provider of independent software, operational and technology services that support the hardware financing industry. For more than 20 years, Tamarack has helped lessors protect their investments, improve business performance and give customers access to solutions that improve performance. The company integrates and maintains portfolio creation and management systems, as well as important features such as rental accounting, sales tax, insurance and UCC compliance. Tamarack software products connect and integrate key application ecosystems with real-time data. The company also provides data integration, implementation and migration services, as well as automation products for several industry-leading portfolio management platforms. For more information, please email [email protected] or visit www.tamaracknow.com.

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