Ideagen Share Discussion Threads

[cheshire man] 17/7/2018 07:50

Very pleased with these results and as you said igoe excellent stuff :-)

[igoe104] 17/7/2018 07:44

Excellent stuff, EBITDA increase of 40%. I can only see these getting bigger and bigger.

[lomax99] 15/7/2018 19:26

Yup, finals on Tuesday.

[petewy] 15/7/2018 19:10

Results Tuesday???

[rivaldo] 04/7/2018 10:49

I was sorting out my stuff and came across some brief notes made from IDEA's presentation at Mello this spring, so thought you might be interested:

- 63% recurring revenues, which should increase to 75% by 2020
- 52% of revenues are outside the UK (70% of new revenues)
- their 3-year objectives are 100% revenue and EBITDA growth
- 35% of employees are in R&D
- the supply chain gateway for global OEMs is becoming more important. IDEA are "in talks for larger deals"
- they are "confident of sustained growth"

[rivaldo] 04/7/2018 07:26

Good news:



"Ideagen successfully named on G-Cloud 10 framework
03 July 2018

Ideagen’s Coruson, Q-Pulse, PleaseReview and Pentana Performance will be available for organisations operating in the public sector

Ideagen is pleased to announce it has been awarded a place on the G-Cloud government framework for the 6th successive year.

The G-Cloud 10 iteration allows public sector organisations – such as the NHS and local councils – to find and compare cloud-based services, removing the requirement for a full tender process.

It was launched in 2012, and Ideagen’s inclusion this year marks its sixth in succession. It means the company can offer its Coruson, Q-Pulse, PleaseReview and Pentana Performance products on the framework to organisations searching for cloud technology and specialist digital services.

Ben Dorks, Ideagen’s Chief Executive Officer, said the framework continues to create new opportunities for the company.

He said: “Ideagen has provided software and services to the UK’s public sector for almost two decades and initiatives such as the G-Cloud framework can only enhance our ability to continue to do that.

“The G-Cloud framework provides a streamlined process for the purchase of technology and digital services from organisations like ourselves. It has become a crucial service for public sector organisations as it is a faster buying process than having to enter into individual procurement contracts.

etc"

[rivaldo] 02/7/2018 12:48

Nice - a new e-learning product launch:



"Ideagen launch new Cloud-Based E-Learning Software
02 July 2018

The software firm will offer Ideagen Academy to users of its governance, risk and compliance software suite

Ideagen has launched a new e-learning tool specifically designed to improve training and enhance usability of its successful suite of products.

The Ideagen Academy will offer more than 3,000 Ideagen customers globally with a training solution to enhance staff knowledge and levels of competency.

The Academy comes complete with engaging learning modules for users of Ideagen’s Q-Pulse, Coruson and Pentana products.

The e-learning software is designed to develop key skills, reduce costs, boost productivity and increase levels of competency across the workforce.

Richie Hewitt, Ideagen’s Product Manager for the Academy, said: “In-house training can be time-consuming and costly. Moreover, onboarding new staff puts pressure on budgets and productivity levels.

“We wanted to offer our customers a cost-effective, web-based learning solution that lets their entire workforce gain training on Ideagen software quickly, easily, and on their own terms.

“By using Ideagen Academy, users are introduced to a dynamic course curriculum and structured workflow, simplifying the training process and providing employees with all the knowledge necessary to ensure their business performs at the very highest standard.

“The Academy inspires learning through a stimulating array of interactive demos, activities and assessments, which are all cloud-based and available 24/7. We believe it will reduce learning times associated with traditional learning by at least 25 to 60 per cent.”

The Academy was launched to help organisations prioritise learning and development, improve knowledge of governance, risk and compliance and maximise their ROI from Ideagen’s software.

Management can use reports from Academy to measure the effectiveness of training and assess how well learners are performing, ensuring employees receive a complete level of training. Learners can leave feedback to highlight where improvements can be made, making staff active participants in their own learning.

Richie added: “At Ideagen, we believe that consistency in training is crucial to assuring quality. In our opinion, ensuring staff are competent and compliant is the greatest insurance a company can have.”

etc"

[chartsworth] 18/6/2018 16:22

Thanks Rivaldo, I've now bought in based on price and volume - fingers crossed

[fizzypop] 18/6/2018 16:10

ATH at 132p

[rivaldo] 18/6/2018 15:48

Difficult to tell for sure, but the price rise today suggests that the two 700,000 trades at 130p were both buys. Perhaps there's more trades still to be reported.

[chartsworth] 18/6/2018 13:53

Is that a couple of enormous buys that went through in the last while? One of my charts shows them as sells but ADVFN can't seem to decide.

[cheshire man] 18/6/2018 08:35

Me too multigagger :-)

[multibagger] 14/6/2018 13:44

You are not alone in your assessment of IDEA :) Boring, predictable, profitable and growing in a market with sticky customers - what's not to like ?

A decent holding for me too !

Good luck all :)

[jimbobaroony] 14/6/2018 13:26

Such a boring predictable company. Sustained, steady growth and regular new customers. Hence has been my largest holding for years now.

[rivaldo] 14/6/2018 12:21

And another contract win...



"Ideagen in project to supply Avion Group with safety and quality management software
14 June 2018

Ideagen’s software will be used to modernise quality and safety management across Avion Group as it looks to work more closely with commercial airlines

Avion Group, which serves an international customer base including Airbus and Boeing with flight simulation products and pilot training, is to work with UK software firm Ideagen.

Ideagen will provide Avion Group with its Q-Pulse software as the company looks to “professionalise” its safety and quality management processes.

Q-Pulse will replace a legacy system which is currently in place, providing crucial aspects of quality and safety such as auditing, reporting and document management.

Marco Brandes, Group Safety and Compliance Manager, said the implementation of Q-Pulse will help the company with its ambitions of working more closely with the commercial aviation market.

He said: “The project with Ideagen and the implementation of its Q-Pulse software is the next step in professionalising the company.

“Our current system is more suitable for the management of general aviation processes but Q-Pulse will enable us to future proof the business and reach our goals of working more closely with commercial airlines and their pilots.

“For us, that is a really important aspect of this project. It is a strategic goal that we connect with those global commercial airlines, working alongside them with the same systematic processes.”

etc"

[rivaldo] 12/6/2018 11:36

This looks like a sizeable contract win, even if not quite RNSable:



"Ideagen’s software to enhance health & safety management across global plastics manufacturer
11 June 2018

Ideagen Coruson will improve learnings from potential or actual incidents at IPL Plastics Ltd in Ireland, UK, North America and China

IPL Plastics Ltd, a leading rigid plastics manufacturer, is to work with Ideagen to enhance health and safety management across its operations.

The Dublin-based company, which has operations across the United Kingdom, North America and China employing over 2,400 people globally, will implement Ideagen’s Coruson system.

The ‘WorkSafe’ project via Coruson will enhance health and safety reporting across IPL’s business, focussing on incident management including investigations and corrective actions.

The aim is to spot potential hazards for staff before an incident or injury occurs.......

.....Ideagen’s Coruson system will be rolled out across the Group to just under 500 employees, as well as IPL’s 30 environment, health and safety and plant managers.

As part of the project, IPL will electronically capture and track injury, illness and general accident forms, including their associated investigations and corrective actions. Near miss and potential incidents – known internally as ‘See it-Say it forms – will also be captured in the system.

etc"

[rivaldo] 04/6/2018 13:54

That's a very prescient comment igoe104 :o))

Here's a new interview with the CEO, whose target is to become a £1 billion company - a three-bagger from here:



Extract:

"Industry lags behind in tech for compliance

Ideagen operates in a corner of the tech community that is slightly behind the curve traditionally, according to Ben.

Many organisations still use spreadsheets or, at even worse, paper filing systems to log issues related to risk and compliance.

It means there is plenty more room for growth not just in the UK, but globally.

Ben adds: “We want to double the business over the next three years in terms of staff, revenue and value of the company.

“That will be a mixture of double-digit organic growth and acquisitions in the UK and US.

“If there are opportunities to be more aggressive then we will take them because we want to be worth £1bn in five years.”

According to a report by Grand View Research last year, the global governance, risk management and compliance market was worth £16.5bn in 2016 – but this could reach £48bn by 2025.

Having already built a strong reputation and client base, Ideagen wants to be a key component of it going forward.

“There’s a greater appetite within the business world for the quality, safety and compliance solution we supply,” adds Ben.

“There’s more regulatory red tape and if things go wrong, people die or lose money. Businesses take their responsibility around this extremely seriously.

“But there’s no market leader there like an IBM – there’s no 800-pound gorilla in the market.

“We’re looking to consolidate the marketplace and grow to take charge of it.”

[igoe104] 01/6/2018 17:33

The world is the oyster for idea, I can only see this company going from strength to strength especially now its got a good foothold in the states now. who's to say this won't be a muti billion cap company in a decade time ?

[rivaldo] 31/5/2018 11:32

New contract win - I like the comment about this being a potentially 22-year deal.....



"Ideagen teams up with Connect Plus for M25 process and safety management project
30 May 2018

Ideagen’s Coruson software becomes the system that underpins safety and quality reporting processes behind the motorway works and operations

Connect Plus, one of the major firms involved in the 30-year project to renew, improve, and maintain the M25, has teamed up with UK software firm Ideagen.

Ideagen’s Coruson software will be implemented by Connect Plus to enhance processes relating to safety, quality and environmental management.

Connect Plus is in the middle of a long-term upgrade and maintenance project to enhance the M25 motorway route. They are involved in supervising contractors as well as providing maintenance work and small improvement schemes.

Coruson will become its health, safety, sustainability, environment and quality management system, with around 650 users reporting into the system.....

......Phill added: "This project is all about longevity. We are looking at the potential of a 22-year relationship between ourselves and both Ideagen and Coruson."

[painter] 25/5/2018 14:40

Last 3 posts i agree.

[lomax99] 25/5/2018 13:57

Useful dip, bought a few.

[rivaldo] 25/5/2018 13:14

It is a positive for IDEA:





It's not worth worrying about a day with just £80k of shares traded and the MMs taking advantage of a few lonely sellers!