Upside Software Overview
Upside Software develops and markets Contract Lifecycle Management (CLM) software and related solutions to customers around the world. Its software addresses business requirements across industries and geographies, offering multi-language and multi-currency support. Client-server solutions are typically deployed within 3-4 months for an enterprise-wide implementation, or within 30 days for a smaller scale implementation, and ROI is delivered in less than one year. Upside Software also provides an affordable and scalable Software as a Service (SaaS) solution –
UpsideLive – making deployment and ROI faster than ever
and having clients up and running in 1 day and at a cost of about $150/month for up to 3 users.
Upside Software is a leader and an innovator, delivering its award-winning solutions globally through its head office in Edmonton, Alberta, Canada. The company has zero debt, is profitable and has experienced consistent significant revenue and profit growth year after year.
Company History
Upside Software’s innovative solutions stem from product ideas that were conceived by its President and CEO, Ashif Mawji, who realized the value of Contract Lifecycle Management software in 1998 and commenced research and development activities at that time.
In 2000, the formation of Upside Software Inc. allowed the company to focus on a series of products aimed at helping organizations of all kinds, in public and private sectors, achieve operational efficiencies in their Billing, Sourcing & Procurement, Contract Lifecycle Management, and Project & Resource Tracking areas.
Upside Software has won large enterprise deals worldwide and is proud that its software is used in virtually every country around the world, in all major languages (including
double-byte character sets) and handling all major currencies. Upside Software has customers in nearly every industry, including: Health Care, Insurance, Manufacturing, Retail, Banking, Public Sector, High Tech, Telecommunications, Higher Education, Transportation, Aerospace, Media & Entertainment, Medical Devices, Pharmaceuticals and much more.
The company is ranked as a leader in Contract Lifecycle Management software globally by most major analysts. It has won various industry awards and has gained recognition at national and international levels. Upside Software’s staff enjoy a fun, nurturing, profitable, challenging and innovative work environment.
Financials
Upside Software Inc. was formed in 2000 as a privately held Canadian Corporation and its fiscal year end is May 31. Since its second fiscal year, Upside Software has posted profits every year and each year has seen profits increase significantly.
In its second fiscal year, Upside Software realized revenues of over 900% from its first year and has continually experienced significant revenue and earnings gains, year after year. Upside Software is on track to deliver another record breaking fiscal year with significant growth in both revenue and profit.
In 2004, Upside Software was ranked #1 as Alberta’s Fastest Growing Company and was named a Rising Star on the 2004 Deloitte Technology Fast 500 list. For a complete list of awards presented to Upside Software,
click
here.
In the past 8 years, Upside Software has garnered a revenue growth of over 5,800% and over 8,500% growth in assets.
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