Objective scores in government ECM

A string of successes in the local government market has helped Objective Corporation report an 18% jump in revenue for the 2014 Financial Year. 

New wins in local Government include: Sutherland Shire Council, Redland City Council and Ipswich City Council in Australia and Middlesbrough Borough Council, Cumbria County Council and Falkirk Council in the UK. In each organisation, a competitor system was replaced

Other significant new wins during the year included South Australian Department for Education and Child Development, Australian Skills Quality Authority, NSW Crime Commission and Gallagher Bassett. 

New UK Central Government customers include: the UK Cabinet Office, Companies House and the Northern Ireland Department of the Environment.

Objective’s success with Australian Port Authorities also continued with Mid West Ports and Port Hedland Port becoming Objective ECM customers.

The company reports that more than 80% of its ECM customers have upgraded to the current generation product. During the year, the company released the latest version of Objective ECM 8.2, which addressed the demand for more business process management capabilities.

Due out in 2015, the next generation Objective Enterprise Content Creation (ECC) 5 platform is aimed at existing Public Sector customers and the Financial Services and Insurance sector.

Tony Walls, CEO, Objective Corporation said, “As a company, we are very pleased with the progress that we made during financial year 2014, with growth in all major revenue lines. 

“Particularly satisfying was seeing evidence of our significant investment in research and development translating into tangible results.”

 “Looking forward, we remain committed to our strategy of prioritising revenue growth ahead of profitability. Demand for our solutions is increasing, we are confident in our competitive position in the marketplace and we expect solid growth in all business lines in the year ahead.” 

Objective reported revenue for the 2014 Financial Year, up to $A48.6m from $A41.0 for the corresponding previous 12 month period.