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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