View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
June 2, 1988


By CBR Staff Writer

A four year old UK company, Metapraxis Ltd, has signed a deal worth a significant – but as yet undisclosed – sum, with the US General Accounting Office, for the provision and implementation of its Resolve executive information systems – EIS – software. EIS software is used to build corporate war rooms by extracting and displaying certain kinds of data from a company’s computerised files: the General Accounting Office will use the Resolve software for monitoring divisional performance and analysing federal expenditure trends. The inclusion of the US government agency on its 50-strong client list – which includes AT&T, Lever Brothers and Midland Bank International in the US, and British Telecom, Dee Corporation and Hanson Plc in the UK has also prompted the company to announce that it has now established US subsidiary based in Delaware. A company spokesman explained that the decision to establish a subsidiary, rather than use a distributor, was essential for maintaining the implementation and consultancy services which have contributed to the product’s success, and predicted that the company would rapidly establish itself as an important player in the US market. The Resolve software is designed to run on IBM ATs and MS-DOS micros: the cost of a software licence, including installation and consultancy fees, is in the region of UKP25,000. For its last financial year the Kingston-upon-Thames company, saw profits in the region of UKP300,000, on a turnover of around UKP2m. The company is thinking in terms of a public flotation in due course, but has no immediate plans.

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.