Bitwise Industries Acquires Stria
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September 1, 2022
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All of us at Bitwise Industries are excited to introduce Stria as the most recent acquisition of the year. Stria is a digital transformation company and DocuSign partner based in Bakersfield, CA. Their business focus is streamlining processes by delivering technology-enabled business solutions. Founded in 2005 by CEO, Jim Damian, Stria has been headquartered in Bakersfield, CA for the past 17 years, converting hundreds of millions of physical documents to fully searchable, optical character recognition (OCR) digital images. As one of the fastest growing, privately held companies in the United States, Stria has appeared on the annual Inc.’s 5000 list five times.
This acquisition supports Bitwise Industries’ growing portfolio of diverse companies nationwide, while highlighting its commitment to the Bakersfield area. This marks the third strategic acquisition for Bitwise this year and will provide money to improve Stria’s employee benefits and expand the company’s 120-person payroll up to 10 percent to meet existing demand for services from around the country.
Keep reading to see how Stria is shaping innovative efficiencies in the workplace and learn about their three core service offerings: Content Services, Business Process Outsourcing, and Onsite Managed Services.
Stria has the people, technology, and expertise to design, build, and support organization’s content systems and workflows using the following technologies:
CaaS is a platform-agnostic service that uses artificial intelligence and OCR technology to tag, classify and route documents. CaaS manually tags, saves, or routes digital documents and eliminates the need to buy, support, and maintain expensive document scanning software.
Content Service Platform Support
From basic document management tools to complex workflow solutions that integrate with line-of-business applications, Stria provides deep expertise in content service technologies such as SpringCM, DocuSign, FileNet, SharePoint and many others.
Modernize and streamline workflows with customized automation to simplify manual processes, paper forms, and poorly designed digital forms to remove inefficiencies.
Process Acceleration Apps
Stria’s suite of process accelerators extends the native functionality of an organization’s content platform or document management system. Stria apps add commonsense automation to tasks and enables teams to work with documents, reports, forms, and workflow queues from your tablet, phone or desktop.
Stria outsources non-core functions such as document scanning, records management, facilities management, reprographics, mailroom services, and many other back-office operations to improve operational efficiency by implementing paperless solutions.
Using back-file conversion technology, Stria converts and uploads paper files into an easily searchable, cloud-like database. These paperless solutions streamline business processes and boost workplace productivity.
Stria provides companies with industry-leading scanning technology to convert files into fully searchable online documents using optical character recognition (OCR) and intelligent character recognition (ICR).
As a company, Stria understands that different organizations have different needs when it comes to finding paperless solutions. For this reason, they allow each enterprise to choose to have back-file scanning on or off site. Their goal as a company is to set up a system that will optimize workflow in the most efficient way possible for you.
Stria’s services can be delivered from the U.S.-based processing center or via an onsite team that is stationed at a company’s facility.
Stria’s onsite facilities management (FM) services encompass a near limitless array of disciplines to ensure functionality of any environment by integrating people, place, process, and technology. Areas of focus include–but are not limited to–reprographic services, audio/visual support, help desk services, reception services, day porter services, HVAC and electrical solutions, move/add/change (MAC) management, corporate store amenities, and personnel relocation services.
Onsite Mailroom Services
Stria’s onsite mailroom management services provide total management of incoming and outgoing mail and parcels using a variety of services and platforms (USPS, FedEx, Stria Couriers, Onsite delivery, etc.)
Onsite Document Scanning
Stria relies on a proprietary 22-step methodology to execute document scanning services. This process includes a 100% quality check from an onsite team that reviews every scanned image for legibility.
Stria’s onsite reprographics services place people and gear onsite to cover everything from graphic design to delivery; standard sizes to wide-format, and on-premise, custom printing solutions.
“We are excited to continue expanding our footprint in Bakersfield. This acquisition not only highlights our commitment to advancing established local companies through digital transformation, but our goal of developing a thriving technology hub in Kern County. This latest addition to the companies under the Bitwise banner will continue to power businesses across the nation, and here locally with digital solutions.” Natasha Felkins, VP of Bakersfield, Bitwise Industries
“We are excited to continue expanding our footprint in Bakersfield. This acquisition not only highlights our commitment to advancing established local companies through digital transformation, but our goal of developing a thriving technology hub in Kern County. This latest addition to the companies under the Bitwise banner will continue to power businesses across the nation, and here locally with digital solutions.”
“Over the past decade Stria has brought tens of millions of dollars to the Kern County economy. As we enter this new chapter, we are happy that Bitwise Industries, a company just as committed to serving our region’s businesses, is now our parent company. Stria will continue to service clients throughout the U.S. with the same management and services, and will continue to positively impact the lives and livelihoods of the Bakersfield area.”Jim Damian, Owner, Stria
“Over the past decade Stria has brought tens of millions of dollars to the Kern County economy. As we enter this new chapter, we are happy that Bitwise Industries, a company just as committed to serving our region’s businesses, is now our parent company. Stria will continue to service clients throughout the U.S. with the same management and services, and will continue to positively impact the lives and livelihoods of the Bakersfield area.”
“Stria is a homegrown success. Their track record as an innovator and driver of local growth is as unique as it is impressive. The acquisition of Stria by Bitwise shows how committed Bitwise remains to spurring additional economic advancement for the areas in which they operate. I look forward to great things happening as a result of this exciting news.”Andrae Gonzales, Bakersfield City Councilmember
“Stria is a homegrown success. Their track record as an innovator and driver of local growth is as unique as it is impressive. The acquisition of Stria by Bitwise shows how committed Bitwise remains to spurring additional economic advancement for the areas in which they operate. I look forward to great things happening as a result of this exciting news.”
Bitwise Industries specializes in custom software development, Salesforce implementation and administration, and Contact Center-as-a-Service. Our technology professionals have deep experience applying cutting-edge technology solutions to help entities of all sizes navigate the technology landscape to find solutions to optimize their operations.
This post was written by Jeff Rickels, Technical Writer for Bitwise Industries. When he’s not writing, he reminisces about the good ol’ days of researching school projects using his parents’ robust set of cumbersome Encyclopedias. Not really. The digital world is Shangri-La to us research nerds. Let’s go paperless digital companies! (Trees and children everywhere … you’re welcome.)
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