Local Software Company Bucks Doom And Gloom

Local Software Company Bucks Doom And Gloom

In a time of recession and industry doom and gloom New Zealand owned and operated Sentient Software is having its strongest year. Revenue has increased 47 per cent this year and the company has sustained profitability during a period of demand lead growth into the US market.

In the last six months Sentient have secured major customers across the airline, infrastructure, energy and manufacturing sectors. Tighter economic conditions maybe affecting earnings for software giants but Sentient believes this is creating opportunities for responsive, cost effective companies. Sentient CEO Steve O’Neill, “in the current economic downturn, organisations need to do more with less. Our Project Portfolio Management framework is helping organisations to improve the return from their project investment”.

Sentient’s business model is based on charging subscription fees for its software on a per head basis. O’Neill comments that this recurring license model has allowed the business to grow organically without the need to take on debt or external investment. The Sentient product is a software as a service offering with an option of on premise hosting.

Sentient was established in 2005 and has a team of 22 based in Auckland. Sentient’s core offering is Project Portfolio Management software. Their software helps medium to large organisations manage the assessment, governance and delivery of projects.

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