Details - Information last confirmed on June 29, 2021
Innovative & disrupted software company for sale - patent pending
Need to sign a NDA agreement , proof of funds and Bio from investors
to access all info on this software buisness.
ANNUAL REVENUE: $13,508,000
NET CASH FLOW: $4,154,000
2019 Projections: Gross Revenue: $13,508,000, EBITDA: $4,154,000
This Company is a developer of a Proprietary Software Solution that is shifting the software industry in the realm that they operate in. The company’s Proprietary Software Solution is the industry’s first and only fully automated solution and is currently patent pending under the Patent Cooperation Treaty (PCT) which will make the patents enforceable globally. They have a fully automated software product that can detect impact zones before software enhancements are introduced to an enterprise.
Large organizations typically have tens of thousands of business applications and databases of various technologies all of which have dependencies and touch points with each other. IT teams do not have a view of every dependency across every application and database in the enterprise. Whenever there is a need to make system changes in the organization, IT departments spend weeks and months trying to comprehend the scope of change and what will get impacted and broken if proposed changes were to be made. This is still a manual process in today’s day and age and also highly error prone.
The Proprietary Software Solution was developed over 3 years. The company’s IT Solution Proprietary Development during the financial year 2018 that started during the 4th quarter generated revenues amounting to $1,007,000. These revenues came from 13 clients of which half of them were paying and half were non-paying clients with projects in the pipeline. In 2019, they will be expecting over $15 million in qualified pipeline deals from an additional 28 new clients for the enterprise package and 22 new clients in the SMB pay as you go package.
AWS has named the company’s Proprietary Software Solution as a technology to watch out for. Amazon Web Services, Accenture and Avanade are partners with the company. First customers claim time and cost savings in excess of 40% with the company’s Proprietary Software Solution. Microsoft has made a “strategic investment” into the company’s Proprietary Software Solution to fund the design and development of a new variant of the company’s technology. The company’s Proprietary Software Solution has access to key Microsoft customers, globally, for deployment of its technology. The company has received “Notice of Effectiveness” from the SEC.
Presently, there is no fully automated software that can do what the company’s Proprietary Software Solution does. The major consulting firms like Accenture, IBM, Deloitte, and their likes have developed workarounds and frameworks that are semi-automated at best and they primarily rely mainly on manual labor. The expectation is that they will become customers and distributor partners. Accenture is already a distributor partner.
Growth & Expansion:
The company has been growing rapidly since its inception and is expected to continue to do so.
Support & Training: Full training and transition period provided
Reason for Selling: After a transition period looking to take time off and enjoy life
Learn More About This Listing
Sign up for a free basic membership to start buying and selling. Learn about our membership plans.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.