Case Study · Docket No. SSB/FORT
FA

Fortive · Accruent (Lucernex)

Product Owner — Lucernex IWMS Platform

TenureOct 2020 — Jun 2023
LocationBengaluru
StatusGranted
$40MCloud prop-tech platform under ownership
3→75India IWMS division headcount scaled
~25%Onboarding time reduction
ASC 842 / IFRS 16Regulatory regimes engineered for

The Brief

A regulated, cross-border SaaS lease-accounting platform needed to extend into adjacent real-estate verticals while the India product organisation scaled rapidly — all without breaking compliance guarantees under ASC 842 and IFRS 16.

Approach

  • Owned product strategy and the feature roadmap for the SaaS lease-accounting platform, prioritising initiatives against usage data and customer feedback.
  • Defined and monitored core KPIs — adoption rate, feature utilisation, NPS — translating insight into sprint goals and release priorities.
  • Applied platform-thinking to extend Lucernex across adjacent real-estate verticals, designing integration points that shortened onboarding.
  • Ran continuous discovery through customer interviews, field validation, and journey mapping, and co-patented space-management technology solutions with Fortune 100 clients — managing invention disclosure through commercialisation.
  • Scaled the India IWMS product division from 3 to 75 staff, overseeing IP strategy, regulatory compliance, and responsible product design through the growth phase.
  • Championed responsible AI product design — bias mitigation, explainability, GDPR-aligned data-privacy frameworks — across IoT-integrated product platforms.

Outcome & Business KPIs

  • Reduced customer onboarding time by approximately 25% through re-architected integration points.
  • Grew the India product organisation 25x (3 to 75 staff) while holding IP and compliance discipline.
  • Filed co-patented space-management solutions with Fortune 100 clients, carried from disclosure to commercialisation.
  • Embedded GDPR-aligned, explainable-AI design patterns into IoT-integrated leasing workflows.

Tools & Frameworks

JIRAConfluenceASC 842 / IFRS 16GDPRIWMSAgile / ScrumPatent co-filingCustomer analytics