In July of 1990, after working as a senior engineer at two independent software companies, Greg accepted a position with IBM to implement systems that would automate the micro-code testing of the IBM 3090 mainframe. Greg's role expanded into client server development where Greg was responsible for the architecture of a worldwide product configuration engine for all IBM software and hardware product knowledge. Greg became a subject matter expert with messaging middleware and was invited to be part of the Lotus Technology due-diligence team that later resulted in an acquisition of Lotus Corporation by IBM .
In March of 1995 Greg accepted a founder's position in Technology Investments Inc., later CommerceQuest and one of the Internet Capital Group companies -NASDAQ: ICGE. Greg's objective for Technology Investments was to transition the company from a professional services company of five people, to a world class software products company. Late 1995 the first product was unveiled at the Networld Interop conference and won Best of Show. Greg's role in development was the inception of new product ideas and having them fulfilled through his newly formed development organization. Greg was responsible for delivering such technology across over 30 different hardware platforms and operating system versions. Greg's product ideas and implementations generated over $50 million dollars of revenue over a period of 5 years.
In 1999 Greg Povolny and partner Michael Rivera, filed for 11 patent claims (application number 09/306790) whereas their invention was a strategic data integration capability using asynchronous communications form mass data movement. The patent was later awarded as United States Patent 6850962.
