Vancouver, B.C. Canada – Monday February 1st, 2010 – Axia Software, technology leaders in Asset Investment Planning (AIP) software, is proud to announce that it has been selected as one of only six newcomers to be added to Rocket Builders’ 2010 “Ready to Rocket” list. The eighth-annual list released by Rocket Builders includes 19 companies named in previous years. Each year Rocket Builders selects twenty-five (25) B.C. companies that it feels are best positioned to capitalize on trends that contribute and will drive growth in the information technology sector as a whole.
“We are extremely honoured to be selected as one of BC’s top 25 from a significant number of exceptional companies, says Graham Carter, co-founder and chief executive officer of Axia Software. “Axia has worked very hard to establish its leadership position in providing AIP software to energy utilities, which is expected to have substantial market growth this year. We look forward to helping more companies achieve greater reliability and investment efficiency.”
Industry analyst firm Gartner1 believes that broad based AIP adoption will happen in the next 2 to 5 years as energy and utility executives push for further cost-cutting initiatives to drive performance, while asset managers and IT leaders must leverage asset investment planning processes and tools to help prioritize budgets, drive long-term business performance and minimize risk.
“Each year when we choose the Ready to Rocket companies, we are looking for those companies that have best matched technical innovation with market opportunity. Axia Software Corporation is an excellent example of the right technology for the right customers at the right time.” said Reg Nordman, Managing Partner, Rocket Builders.
The ‘Ready to Rocket 25′ list is published by Vancouver-based management consulting firm Rocket Builders who are focused on helping technology companies identify and capitalize on market opportunities. The “Ready to Rocket” list is the only predictive list of its kind in North America and has accurately identified companies that went on to enjoy commercial success, investment growth, and acquisition activity.
To determine the list of companies for inclusion in the ‘Ready to Rocket’ list, Rocket Builders reviewed market positioning and revenue potential for over 100 nominated companies.
About Ready to Rocket
Ready to Rocket is a unique business recognition list that profiles technology companies with the greatest potential for revenue growth. Each year, based on analysis of trends that will drive growth in the information technology sector, Rocket Builders identifies twenty-five (25) private companies that are best positioned to capitalize on the trends for growth. This selection methodology has been an accurate predictor of growth with “Ready to Rocket” companies exceeding the industry growth rate. Also, many of these companies raise investment capital and each year many of the profiled “Ready to Rocket’ companies are acquired. For details on the 2010 “Ready to Rocket 25″ list, please visit: www.readytorocket.com
About Axia Software Corporation
Axia Software Corporation provides enterprise class software solutions for Asset Investment Planning (AIP). Their REVEAL™ suite helps utilities identify immediate sustainable improvements in their current capital and operational infrastructure investment spending. In doing so REVEAL produces optimized capital investment plans that connect corporate goals and objectives with engineering imperatives. Using REVEAL, utilities are able to satisfy network reliability demands while improving the effectiveness of their capital investment decisions and reducing overall business risks. Headquartered in Vancouver British Columbia, Axia also has representation in the Asia-Pacific region.
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1 Gartner, Hype Cycle for Utility Industry IT and Business Processes 2009, Pages 12-13