aapm aims to triple revenueMarch 5, 2010
project management software developer allabout projectmanagement aims to triple its size within the next two years, after being given the go-ahead by Nedbank to market its proprietary software.
the company has been consulting to the bank and developed software for its project management needs. sales Director Matthew Pitman explains that Nedbank has now allowed allabout to take the software to market.
the agreement will see Nedbank outsource the ownership, maintenance and continued development of the application suite to allabout projectmanagement.
Pitman says being allowed to sell its software will move the company into the software space, which currently only makes up 5% of revenue. in the next two years, he expects consulting and software to be equal contributors to turnover.
the software can be targeted at broad industry, which spans manufacturing, financial services, mining and other sectors, explains Pitman. for companies looking to manage once-off projects, the software is also available as a service.
Pitman adds that the company plans to take the software offshore, but has not set any deadlines in which to grow internationally. however, it does expect to triple turnover, taking it to about R100 million a year, he says.
Walters adds: “we are confident that this initiative will ensure the toolsets are nurtured in an environment with multiple customers, with a focus on keeping abreast of international trends and practices.”
he says this “will enable the project toolkits to meet their full market potential. it would be a significant boost to put SA on the implementation map with regard to project management.”