Let’s review some notable events from 2011.

The St. Louis Cardinals won the World Series for the 11th time, then 21-year-old Taylor Swift was named Artist of the Year at the American Music Awards, and Resolvion and Digital Recognition Network (DRN) started their partnership.

The company offering repossession management services for major lenders and the provider of license plate recognition (LPR) technology recently reflected on 15 years of collaboration.

During the past decade and a half, DRN’s LPR technology has become deeply embedded in Resolvion’s business model, serving as a critical component of its data-driven approach to asset recovery and skip-tracing. The companies reaffirmed their shared commitment to continuing and expanding this partnership as new technologies — particularly artificial intelligence — unlock additional capabilities.

“Reaching this 15-year milestone with DRN is a testament to the strength of our partnership and the value their technology brings to our clients,” Resolvion CEO Mike Thomas said in a news release.

“License plate recognition has become a core pillar of our strategy, and we see it playing an even more important role in the future. As AI continues to evolve, we are excited about the new ways LPR can be leveraged to enhance both skip tracing and recovery efforts, driving better outcomes for lenders,” continued Thomas, who is among the inaugural honorees in a new awards program from Cherokee Media Group — Industry Elite: The C-Suite — which spotlights the most influential, inspiring and innovative executives in the retail, remarketing and finance segments of automotive.

Thomas added that Resolvion has consistently invested in advanced technologies to improve recovery rates, reduce cycle times, and maintain compliance in an increasingly complex environment. The integration of LPR data into its workflows has enabled more precise and efficient identification of asset locations, strengthening its position as an industry leader.

And that progress while working with DRN, a pioneer in LPR data and analytics that has supported Resolvion’s growth by providing reliable, scalable data solutions to enhance visibility and decision-making.

Looking ahead, both organizations said they are focused on deepening their collaboration, exploring new applications of AI-enhanced LPR data to further optimize recovery strategies, improve accuracy in skip-tracing, and deliver greater value to lenders nationwide.

“We are proud to celebrate 15 years of partnership with Resolvion,” DRN|MVTRAC|SCM president Jeremiah Wheeler said. “Their commitment to innovation and operational excellence has made them an ideal partner.

“Together, we have built a strong foundation, and we look forward to continuing to grow and evolve this relationship as new technologies — especially AI — expand the possibilities of what LPR can deliver,” continued Wheeler, who is also facilitating the Auto Finance Roundtable on the closing day of the Used Car Industry Summit in Miami on April 15.