Archon Systems Inc

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Archon Systems Inc.
Type Private
Industry Small Business Software
Founded 2005
Headquarters Toronto, Ontario
Key people Louis Leung, Co -Founder
Stephen Fung, Co -Founder
Products inFlow Inventory Software
Website www.archonsystems.com

History[edit]

Archon Systems Inc. is a privately owned and operated Small Business Software company, headquartered in Toronto, Ontario.

Founded and incorporated in 2005, Archon Systems Inc. was ranked the 49th fastest growing company in Canada in 2012 by PROFIT magazine (a Rogers Communications publication).[1]

The two founders first met while doing internships in Silicon Valley in 2003. After doing consultancy work in the logistics and supply chain industry, they realized the need for a pre-built inventory software solution for small business that was affordable and not complicated.[2]

Product[edit]

Archon Systems Inc. is the creator of inFlow Inventory, an inventory management software for small business. The software allows small business to track and control stock, integrate barcode scanners, track costs, take orders and generate custom reports.[3]

As of November 2012, inFlow Inventory has received over 220 000 downloads from CNET’s download.com and is regarded as one of the most downloaded inventory software solutions in the world.[4]

inFlow Inventory is also featured in "Retail Services" a McGraw Hill textbook as the leading example of an inventory software solution.[5]

Revenue Model[edit]

Archon System Inc makes revenue based off the sale of the Regular ($299) and Premium ($499) edition of inFlow Inventory while also offering a free version of the software. This is known as the freemium business model. The licensing of Regular and Premium editions is a one-time cost and is per-computer.[6]

Major Competitors[edit]

The biggest inventory software competitor is fishbowl inventory which features deep integration with quickbooks.[7]

References[edit]

  1. ^ McElgunn, Jim. "HOT 50: Meet the New Stars of Growth". Rogers Publishing Limited. Retrieved August 29, 2012. 
  2. ^ Markowski, Jordan. "Made in Canada #4: Archon Systems". DX3 Canada. Retrieved Dec 6, 2012. 
  3. ^ DesMarais, Christina. "inFlow Releases New Version of its Free Inventory Software". Inc. Retrieved September 27, 2011. 
  4. ^ Lewis, Rob. "Canada Home to the Most Heavily Downloaded Inventory Software". Tech Vibes Inc. Retrieved 12 November 2012. 
  5. ^ Perlitz, Lee (2012). Retail Services. McGraw Hill. ISBN 9781743070741. 
  6. ^ Lewis, Rob. "Canada Home to the Most Heavily Downloaded Inventory Software". Tech Vibes Inc. Retrieved 12 November 2012. 
  7. ^ Gaskin, James (Dec 6, 2012). "Extending QuickBooks with Fishbowl Inventory". IT World. 

External links[edit]