Software Solutions and Consulting Firm with Recurring Revenue
United States
Business Services; Technology, Media, Telecom & Data
An asset management firm and software development company providing engineering consulting and software to capital intensive industries.
Key Aspects
• From 2019 to 2021, revenue grew at a compound annual growth rate (CAGR) of 15.3%, excluding PPP loan income
• 2021 annual recurring revenue (ARR) was $1.2M
• From 2019 to 2021, 100% customer retention rate
• Top-selling software is patented and trademarked
• Software solutions are uniquely designed to drive the work process for capital intensive organizations
• Company products are currently in over 150 industrial sites, with services having been provided for over 300 facilities around the world
• Universal interface permits the use of its software with any Enterprise Resource Planning (ERP) system
Opportunities
• Continue to expand and target clients in the oil and gas, government, renewable energy, water treatment, and trash to steam power industries
• Capitalize on the recent release of its mobile software solution
• Implement a strategic marketing campaign with an appointed leadership role to capitalize on existing products and services and increase brand recognition
• Increase customer base and repeat business by expanding into other markets segments
• Continue to target international customers to expand the company’s footprint
Headquartered
United States
Current Markets
• The company currently serves capital intensive markets, such as the power plant, renewable energy production, chemical plant, and international industries as well as oil & gas refineries, the US government, and universities.
Real Estate
• The company operates fully remote, only requiring two annual strategy planning sessions which are held in hotel conference facilities.