Remsoft Reports Steady Growth
FREDERICTON – Remsoft, the Fredericton-based company that produces predictive analytics software for the forest industry, reported steady growth after investing heavily in research and development for its new platform, Remsoft RISE.
RISE is a cloud-based, multi-user platform for planning and decision optimization. The software is made to find efficiencies in the forest industry value chain.
“For the company, it means more of everything that Remsoft has offered over the years,” said Remsoft spokesperson Donna St. Jean Conti, in an email.
She said the Remsoft RISE cloud-native platform makes it possible for Remsoft to bring more innovative solutions to its clients, solutions that are faster and collaborative on a platform that provides more capacity and that is secure.
“Additionally, it means providing users with end-to-end planning by incorporating additional databases and partnering with other companies to include their capabilities on the same platform.”
According to a statement released last week, the first solution to be offered on the RISE platform, Remsoft Operations, is expected to be available to Remsoft clients in the second half of 2018.
In the same statement, the company said it has grown its staff by 35 per cent and its revenues had consistent year-over-year growth for the past five years.
Read more about this story in Entrevestor.