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Ultimo Software Solutions

Roderick Cann, Slinger Jansen and Sjaak Brinkkemper

Chapter 17 in Software Business Start-up Memories, 2013, pp 157-166 from Palgrave Macmillan

Abstract: Abstract Ultimo Software Solutions was established in 1998 from a management buyout by the current owners. At that time, Ultimo Software Solutions was still called Informatie Systemen Holland (ISH; English translation: Information Systems Holland). The basis of the software product Ultimo Software Solutions sells today was developed in 1988. The development of this product, which was called Ultimo Maintenance Management, was partly initiated by Jaap van Seventer, who joined the company in 1988 and identified a market opportunity. After a couple of turbulent years, where there was a significant lack of focus, there was a change in management in 1994 when the majority of the current management — J aap van Seventer, Erik Huisman and Michel Vloemans — became in charge of the company. The management buy-out happened in 1998, when ISH was bought by the three managers and two employees. In 2007, ISH changed their name to Ultimo Software Solutions. From here on, the company name Ultimo will be used, instead of a combination of Ultimo Software Solutions and Informatie Systemen Holland. Ultimo, with currently 110 employees, delivers the Ultimo software product in different market segments, among others: facility management, maintenance, IT service and infra asset management, from offices in both the Netherlands and Belgium. Usability and flexibility are the key concepts of the Ultimo software that is used by more than 900 organizations. The trend lines (Figures 17.1, 17.2 and 17.3) show the growth of revenue, profit and employee numbers of Ultimo, starting from 1999.

Keywords: Market Segment; Marketing Activity; Facility Management; Brand Awareness; Maintenance Management (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-28047-3_17

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DOI: 10.1057/9781137280473_17

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