Optimation has announced 78 percent revenue growth ahead of the closure of its financial year, on March 31.
Executive chairman Neil Butler says the company has moved into the top tier of local ICT companies through its application development, maintenance and support outsourcing contract with the Department of Corrections.
Optimation heads a consortium at Corrections that includes HCL and Resultex. “To date, the consortium has successfully met all its milestones, including the go-live of a major release of IOMS, the department’s core system for offender management,” Butler says.
“Optimation has also achieved strong growth across all other areas of the business. We have leveraged our outcomes-based model to build robust managed services capability.”
Rob Clay, formerly with Gen-i, has been appointed account director for the Corrections contract.
Butler’s brother Martin, who has shared the executive leadership with him for the past 18 months, will leave Optimation at the end of the financial year. He joined in 2009 after Rhoda Holmes resigned as CEO.
Neil Butler says the shared leadership model has been effective. “We were always going to review it after 18 months or so. Long-term, Martin is interested in pursuing options outside of IT professional services.”