software development

Version 1, Assisting Customers In Navigating The Digital-First Environment We Live In.

Version 1 is an Irish company that specializes in providing various kinds of professional and technological services. The company demonstrates how IT can improve customers’ businesses. Global brands rely on this organization to provide IT services and services that enable customers to succeed.

About The Company

Founded in 1996, Version 1 is an Irish business specializing in cloud computing, software development, an international management consulting, and software asset management. The company’s staff of over 2000 committed change-makers works relentlessly to create meaningful changes and impartial advice to assist customers in navigating the fast-evolving Digital-First environment we live in. In 2021, the company had a revenue of over €195 million.

History Of The Company

Version 1 was founded by Justin Keatinge and John Mullen. It was initially headquartered in Dublin, Ireland. Until 2011 the company had more than 150 consultants working for it and had yearly revenues of over €17.5 million. It was also included on the Deloitte Fast 50 list. The company expanded its Northern Ireland branch in 2014 and opened an office in London, United Kingdom. Version 1 was named as one of the best 50 workplaces in Europe after acquiring the UK-based Tieto Corporation. They later acquired UK companies named Patech Solutions and Roccella Group. By the end of the year, they had eight worldwide offices, over 500 consultants, and yearly revenues of €60 million. In 2017, Volpi Capital LLP acquired the majority of shares in Version 1 in a €100 million buyout of the company. With the money from the buyout, Version 1 was able to increase its activities in UK and Europe. After Justin Keatinge, the previous CEO, resigned in 2017, Tom O’Connor was chosen to lead Version 1. Keatinge stayed on the board of Version 1 and is still a significant stakeholder.

In 2018 the company declared an investment of €1 million in its Innovation Labs, whose core focus areas are: IoT, ChatBots, Virtual Reality, Machine Learning, and Augmented Reality. In 2018 the company acquired Cedar Consulting Ltd., an expert in HR Transformation.

OneZeroOne, Version 1’s own podcast, debuted in April 2019. The podcast is a collection of interviews with UK and Irish technology and innovation specialists who share their thoughts, insights, and lessons with listeners. Its six podcast episodes are accessible on Spotify, AudioBoom, Deezer, and other streaming platforms.

Partners

Currently, the company works with Oracle Corporation, Microsoft, and Amazon Web Services as its three primary technological partners. Version 1 has the biggest Oracle competence in the UK and Ireland and has been an Oracle Platinum Partner for Cloud Managed Services. Since 2006, It has been a Gold Microsoft Partner and has collaborated with the software giant. Version 1 is a Premier Consulting Partner in industries like migration, the public sector, and managed services providers. It was amongst the first Amazon Web Services members in Europe.

Founder – Justin Keatinge, John Mullen

Together with John Mullen, Justin Keatinge launched Version 1 in 1996. Through both strategic acquisitions and organic growth, both have guided Version 1 to become one of Western Europe’s fastest-growing providers of IT services.

CEO – Tom O’Connor

Tom O’Connor assumed the position of CEO at Version 1 in 2017 after serving as the company’s Chief Operating Officer for three years. Tom worked as a management consultant for the first several years of his career before holding executive positions with companies like Andersen Consulting. He joined the company in 2001 and quickly assumed a leadership position in several customer engagements. As a result, he helped to ensure the effective completion of numerous high-profile technical and consultancy services projects.

Sandhya Gupta

I am a law graduate from NLU Lucknow. I have a flair for creative writing and hence in my free time work as a freelance content writer.

Monday.com – A Company That Gives The Liberty To Design Their Own Work Management Applications.

Founded in 2012 by three entrepreneurs, Monday.com was built in a way to give companies and individual clients the liberty to develop their own applications. Depending on the needs and goals of a company, it has to buy or develop customized work management software. Monday.com is a publicly-traded company that specializes in several domains including project management, team management, no-code development platform, and many more. The project of Monday.com was started in 2012 and was officially launched two years after that. The company’s headquarters is based in Tel Aviv, Israel and currently, it has more than 1,000 employees.

About the Company

Being an expert in project and work management, the main services offered by Monday.com are sales and CRM, inventory tracking, software development, HR, operations, etc. Monday.com can be best described as a Work Operating System (Work OS) that is a very flexible option, especially for the remote work environment. It helps in shaping the entire workflow in a team from collaboration to developing custom work applications. The UI of Monday.com is very careful and it helps in visualizing a lot of information from a different perspective. Monday.com was originally famous as daPulse and its name was changed in 2017. Recently, the company was also awarded Calcalist’s most promising startups.

History

The founders of Monday.com are Roy Mann, Eran Kampf, and Eran Zinman. These three founders started the project to develop something innovative and easily customizable so that it can be used by everyone. In 2012 the company was started and it was a huge triumph for the company that later in the same year it was able to raised funding of $1.5 million in the seed round. The first step towards developing a new project, the founders tried to understand the pain points of their target customers and eventually built a prototype under the brand name daPulse. In 2014, after two years of hard work the company was finally able to launch its first commercial product, and in the same year, it was able to land its first six customers. The business started out of an apartment in Tel Aviv and in that tiny office, they hosted their first board meeting.

Expansion

The company started growing impressively as within one year of launching its first product its customer base went from having six customers to 3,181 new customers. So, it expanded the team as well and added nine new members. In 2016, the company hosted its Series A funding round and raised $7.6 million. This funding round was led by Genesis Partners and Entrée Capital. By the end of this year, the company was able to acquire more than 7,000 new customers. Monday.com released a new mobile application in 2016. The Series B funding round of the company took place in 2017 and the company successfully raised $25 million. Insight Venture Partners along with existing investors from the Series A funding round. The total customer base of the company exceeded 20,000. Monday.com eventually got some exposure in 2017 when it was featured in Globes Most Promising Startup of the Year and also became one of the top 15 companies in 500 Fastest Growing Companies. By the end of 2017, daPulse was officially branded as Monday.com.

In 2018, the company expanded more as it opened its first international office in New York City. The company also raised $50 million in Series C funding and a new investor called Stripes Group was added. In the Series D funding round, the company was able to raise $150 million and it was raised by Sapphire Ventures. The company became the recipient of the 2020 Webby Award and also achieved unicorn status. It has also expanded to the UK, Miami, and San Francisco.

Roy Mann – CEO of Monday.com

Roy Mann is one of the founders of Monday.com and the present CEO of the company. He started his career as a web developer at Finjan. Apart from co-founding Monday.com, he is also the founder of SaveAnAlien.com and served as the former C-CTO of wix.com. Mann studied computer science at Reichman University.

Annasha

Annasha Dey is an NIT student, who apart from studying engineering is also a content writer. She has a great interest in photography, writing, reading novels, and travelling as well. She is a foodie who loves socializing and hanging out with her friends. She is also a trained Kathak dancer and a big fashion enthusiast. Dey also loves watching TV series, which includes F.R.I.E.N.D.S. and Big Bang Theory. To be a better writer she prefers to read more

Adrian Marco’s TechnologyOne Is Australia’s Largest Enterprise Software Company.

Leave a Comment / Story, Tech Story / By Annasha

Adrian Di Marco, an Australian entrepreneur founded TechnologyOne in 1987. The company received unicorn status in 2014 and it is mainly known for offering commercial support software. It has its headquarters based in Brisbane, Australia and apart from the Australian market, it has an international presence in the UK, New Zealand, South Pacific, and Asia. TechnologyOne has 1,200 employees and currently, the CEO of the company is Edward Chung. It mainly offers SaaS products as in 2012 the company decided to transfer its business solution from on-premise business software to a SaaS provider. TechnologyOne is a publicly-traded company and it is listed on the Australian Securities Exchange under the symbol TNE.

About TechnologyOne

TechnologyOne is one of the first startups in Australia and when it was founded its main focus was deep research and using innovative cutting-edge technology. The company is known for investing heavily in its R&D unit. It invests 20% of the total annual revenue for research purposes. The company today operates in six market categories. They are local government, education, health and community services, government, asset and project-intensive, and financial services and corporates. TechnologyOne is currently associated with more than 150 health and community organizations for better health outcomes. The company started expanding in the 21st-century by opening international offices and also through several acquisitions.

History

Adrian Di Marco decided to establish a new enterprise software company when he saw the immense potential to build a new generation of accounting software. The initial investment to establish TechnologyOne was offered by J L Mactaggart Industries (John and Dugal Mactaggart) which was a former client as well. TechnologyOne developed configurable software such that every client can use the same code but the software can be configured to meet individual needs. In the year TechnologyOne was established, the company opened its R&D center in Mactaggart’s hide processing plant.

The company introduced its first product in the market, FinanceOne in 1991. Marco’s idea was to make the foundation of the company based on relational database technology and it paid off. After the first product was released, TechnologyOne was recognized by various magazines. In 1995, the company’s name was on top of the customer satisfaction survey list released by CFO magazine. In the late 1990s, the company opened several other offices in Australia. It also started getting international contracts and big projects. For example, in the 1990s the company built Automated Titling System (ATS) for the Queensland Department of Natural Resource and Mines. In 2000 and the following years, TechnologyOne opened new offices in London and New Zealand and currently it is focusing on the local government market and tertiary education.

Success

There was a shift in the strategy of TechnologyOne in 2005 when it decided to shift from functionality-centric software to people-centric software. In 2004, TechnologyOne recorded $1 billion market capitalization and entered the S&P/ASX 200 Index. Marco was the CEO and COO of the company until 2017 when he decided to step down and his place was taken by Edward Chung. By the end of 2017, TechnologyOne recorded a huge profit from its cloud business for the first time and landed 112 new cloud customers. Currently, its annual revenue has reached $300 million.

Acquisitions

TechnologyOne has also expanded its territory through a series of acquisitions. In 2000, it made the first acquisition when it purchased Tablelands Computer Systems followed by ProClaim software in the same year. In 2002, it acquired Infloplan and Avand Pty Ltd 2007. In 2015 the company acquired three businesses, namely, ICON Software, Digital Mapping Solutions, and Jeff Roorda & Associates.

Edward Chung – CEO of TechnologyOne

Edward Chung became the CEO of the company in 2017 but he has experience with TechnologyOne for more than 10 years. He worked for the products and solution division of the company and also became the COO of the company before getting appointed as CEO. Edward also worked for Queensland Rail and Queensland Audit Office for 10 years.

Annasha

Globant – Reinventing Businesses With Their Innovative Ideas.

Leave a Comment / Story, Tech Story / By Yashica Vashishtha

The time is always running, and there are lots of changes that occur with every passing second. These changes are necessary for life and for the improvement of lifestyle. This is the same motto of Globant, a software company based in Luxembourg. The company always talks about reinvention and walking with the time, accepting all the changes. Globant helps its peers to transform their work conditions using digital and cognitive means. The company is just twenty years old but had made a special place in the IT industry through its innovative ideas and unique products. Since the ideas are based on new technologies, AI and behavior-based science are the prime technologies that it uses to build its software. Globant is not only a good service provider but it is also a great employer supporting a self-mastery work culture for its employees to help them grow their skills while working at Globant.

About Globant

Martín Migoya, Guibert Englebienne, Martín Umaran and Néstor Nocetti are behind the idea of Globant. The company was founded in 2003, establishing its headquarters in Luxembourg City. It is a software development company, and its primary area of service includes Software Development, Infrastructure Management, Mobile application development, Social Networks Development, Mainframe Migration, etc. Apart from Luxembourg, Globant has established offices in Argentina, the U.K, Canada, the U.S., India, Mexico, Colombia, Brazil, Costa Rica, Spain, Chile, Uruguay, Romania, France, etc. The company trades as a public company on New York Stock Exchange with the ticker name GLOB. As per the year 2020 records, the company is home to over 25000 employees and had made annual revenues worth US$814.1 million for the same financial year.

The Founding

Four friends, Martín Migoya, Guibert Englebienne, Martín Umaran and Néstor Nocetti, conceived the idea of Globant, while sitting in a bar. They founded the company in 2003 in Luxembourg, putting up some funds from their personal savings. Just in one year, they opened their first international office in the U.K. in 2024, and in 2005, they opened their second Development GOV Center in Argentina, leading to the opening of multiple development centers in different parts of Argentina in the further years. Later, the company established its multiple offices in different pasts of American, Asian, and European continents. The company was also named the Endeavor Entrepreneur in 2005.

In 2007, Globant acquired the CMMI certificate, and the next year, it closed a financing round worth US$13MM, Riverwood Capital and FTV Capital being the prime investors. The same year, the company had hired over 100o employees globally. By 2010, Globant had opened eight studios, and it had expanded into industries like gaming, big data, cloud computing, creative and social, consumer experience, enterprise communication and mobile engineering, etc.
Globant had started to get recognition for its work from the very beginning, and Global Services Magazine had named it Global Services Magazine in 2005, whereas Gartner recognized it as a Cool Vendor in Business Process Services 2010. Globant was also featured as one of the world’s top 10 most innovative companies in South America by FastCompany. In 2014, the company went public on NYSE.

The further expansion of Globant included some major acquisitions, including Accendra (2008), Openware (2008), Nextive (2011), Clarice Technologies (2015), PointSource (2017), Ratio (2017), Small Footprint (2018), Avanxo (2019), Belatrix Software (2019), BiLive (2020), grupoAssa (2020), Xappia (2020), CloudShift (2021), Habitant (2021), Walmeric (2021), etc.

The CEO at Globant

Martín Migoya is one of the co-founders and the CEO of Globant. Martin went to La Plata University to pursue a bachelor’s degree in Electronic Engineering and completed his master’s degree in Business Administration from CEMA University.
Migoya is recognized as a global leader and one of the most successful entrepreneurs. Under his leadership, Globant has seen extended growth. Martin has won multiple awards for his work in the software industry, including Endeavor Entrepreneur in 2005, one of the most distinguished Argentine businessmen of 2009, America Economía Magazine’s Excellence Award 2009, Konex Award as one of the most innovative entrepreneurs of 2008, and Emerging CEO of the Year 2013, etc. In 2005, he became the CEO of Globant.

Yashica Vashishtha

Yashica is a Software Engineer turned Content Writer, who loves to write on social causes and expertise in writing technical stuff. She loves to watch movies and explore new places. She believes that you need to live once before you die. So experimenting with her life and career choices, she is trying to live her life to the fullest.

www.xornor.co

Aspen Technology- A Global Leader That Has Given Process Modeling And Optimization A New Direction.

Leave a Comment / Story, Tech Story / By Annasha

Aspen Technology was formed in 1981 and its headquarters are currently based in Massachusetts, US. The company is mainly popular as AspenTech and it is famous all across the world for creating exceptionally good process modeling and optimization software. The demand for this type of software is high in several industries, especially where a lot of data is available but there are no first principle-based phenomenological models to use these data. The software of AspenTech helps several industries to model and do predictive analysis before installing heavy machinery or starting a production process physically. AspenTech has expanded its business across all the continents in the world except Antarctica.

About Aspen Technology

Aspen Technology has been thriving for the last four decades in the process industries. The products and services of the company are exclusively helpful for the chemical and mechanical industries where mechanical design is a very crucial part. Many educational institutions also buy software from Aspen to train students before jumping into a professional career. The company has more than 1,700 employees who are working from 30 locations across the globe. The main target of AspenTech is to maximize the efficiency of the companies, minimize waste generation with the help of optimization software, and deliver high returns over assets.

In the last four decades, ApenTech has also applied AI and ML to develop its software so that it can work more efficiently with data analytics. Recently, it has also expanded its services to offer software for industrial AI to achieve sustainability goals. The company has also established a partnership with Numaligarh Refinery Limited Partners such that the latter can achieve operational excellence. AspenTech has also received several awards like the Green Supply Chain Award, Best Modeling Technology, FIPI Digital Technology Provider of the Year, and many more.

History

AspenTech was founded as a result of a joint research project between MIT and the US Department of Energy. The latter granted the chemical engineers of MIT to go ahead with this research for innovation in the process industries. After a year AspenTech was formed, the company released its first product, Aspen Plus, and that today has become the number one software for chemical engineers for process modeling. Refineries are a very major part of the chemical industries and Aspen released the first planning software for refineries, Aspen PIMS in 1984. Ten years later the company filed its IPO and became a publicly-traded company listed on the Nasdaq Stock Market.

Aspen started acquiring other companies by the end of the 1990s and made a series of acquisitions (more than 25 good companies) to expand its horizon especially in making optimization software for various industries. In 2004, the company decided to release an integrated product suite, aspenONE that can be used across various sectors from engineering to supply chain processes. In 2006, the company established a new R&D center in Shanghai, China. 2009 was a big year for the company as it successfully launched the integrated suite aspenONE in nine different languages including Japanese, Portuguese, Russian, Spanish, Korean, Chinese, German, Italian, and French.

Success

With the expansion of the AspenTech market geographically, it started focusing on developing a product for companies of every size. So, in 2012 the company launched the aspenONE Desktop package so that the small and medium-sized companies can also use the software that is used by big multinational companies. In 2014, AspenTech was featured in Forbes as one of the World’s Most Innovative Growth Companies. To develop more AI-driven products, AspenTech acquired two companies, Mnubo and Sabisu in 2019. The company is currently researching to deliver products for a self-optimizing plant.

Antonio Pietri – CEO of Aspen Technology

Antonio Pietri is the CEO of AspenTech who joined the company in 1996 with the acquisition of Setpoint Inc. In 2002, he became the Vice President of Business Consulting in AspenTech followed by the Managing Director of the Asia-Pacific region. He became the CEO of the company in 2013. Pietri studied Chemical Engineering at the University of Tulsa followed by an MBA from the University of Houston.

Annasha

Coupa Software – Helping Companies to Spend Smarter and Safer.

Leave a Comment / Story, Tech Story / By Yashica Vashishtha

When there is an idea for a business, it is natural to be conscious about the expenditure as well, as while crafting a new business most of the money is wasted without a spending plan. While some organized businessmen know how to deal with the everyday spending on manufacturing, employment, supply, and other processes, there are several who rely on platforms like business spend management software to take care of all the expenditure on every process of the company. Coupa Software is one of the BSM software developers, most big-name companies rely on for their business spend management solutions. The software by Coupa is cloud-based such that offers maximum flexibility to the business owners to handle their spending with ease and most transparency.

About Coupa Software

Coupa is a sixteen years old company founded in 2006 by Dave Stephens and Noah Eisner. The company headquarters is based in San Mateo, California, U.S., and it provides its services globally. Since the company is operating at a global level, Coupa has established its offices in over 40 countries of Europe, Latin America and the Asia Pacific, and it deals in 140 currencies. Coupa Software develops software in the Business Spend Management category, and its products include spend management software, procurement, invoicing, sourcing, contract management, catalogue management, expense management, etc. As per the 2021 records, over 2500 people are employed by Coupa, and it made approximately US$542 million worth of annual revenues for FY21. Coca-Cola, Nike, Adidas, Amazon, Caterpillar, and Slack are a few of the more than 700 worldwide customers of Coupa.

The Back Story

Dave Stephens and Noah Eisner founded Coupa in 2006 and released its first product, i.e., Coupa Express in the same year. The next year, the company came with Coupa On Demand, a SaaS product, which was dedicatedly made for small and medium, and small size businesses. Coupa’s first spend analysis product named Coupa Spend Optimizer came in the year 2011, and the company also bagged a huge contract from Independent Purchasing Cooperative (IPC) to handle its franchises in 98 countries. By 2014, the company started to expand overseas, opening its first foreign office in Dublin, Ireland. The same year, Coupa Software also introduced the Coupa Inventory and partnered with Net Suite for a strategic partnership.

Coupa also started to acquire other companies to grow its operations. In 2015, it went to acquire the assets of ZenPurchase, InvoiceSmash, and TripScanner. The next year, Coupa acquired Contractually, and in 2020, the company bought LLamasoft. LLamasoft helped the company to integrate AI technology to the supply chain feature in its platform. Coupa went public on Nasdaq in 2016, where it trades as COUP. In the year 2021, Coupa introduced the Sustainable Business Spend Management (BSM) platform.

The CEO at Coupa Software

Rob Bernshteyn is the current CEO at Coupa Software. He is a veteran of the software industry and has handled multiple executive roles at various IT companies in his more than twenty-years-long career.

Rob graduated from the University at Albany with a Bachelor’s of Science in Information System and then went to the Harvard Business School to pursue an MBA in 2000. He started his career at Accenture as the Project Manager of the System Integration Consulting and worked for four years there. Then Rob switched to McKinsey & Company to work as an associate. In June 2001, he joined Siebel Systems as the Director of Product Management, and in June 2004, he became the VP of Global Product Marketing & Management at SuccessFactors. Rob left his last company and switched to Coupa Software, where he held the position of the Chief Executive Officer and the Chairman of the Board of Directors.

Yashica Vashishtha

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