WellPoint Systems
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 | |
| Company type | Public (NEX: WPS.H) |
|---|---|
| Industry | Software |
| Founded | 1997 |
| Headquarters | Calgary, AB Canada and Denver, CO USA |
Key people | Richard D. Slack, President & CEO Hervé Séguin, CFO |
Number of employees | 193 (2008) |
| Website | www.wellpointsystems.com |
WellPoint Systems Inc., a Calgary-based public company, develops and supports software packages for the energy industry.[1] The company's software is used in various applications including oil marketing, asset management and operations management.[2] WellPoint's energy software suite utilizes Dynamics AX and .NET architectures. The company also provides software and services under the BOLO,[3] IDEAS International and iSoft brands.
WellPoint currently employs nearly 200 people[4] in seven offices worldwide and is publicly traded on the TSX Venture Exchange, a public venture capital marketplace for emerging companies.[5]
History
Founded in 1997, Calgary-based WellPoint Systems also has operations in Denver, CO; Houston, TX; Livingston, New Jersey, NJ; Tampa, FL; Tunis, Tunisia and Pretoria, South Africa. In 2006, WellPoint acquired IDEAS International, Inc. and then Bolo Systems, Inc.[6] and iSoft Technologies (pty) Ltd. in 2007. Wellpoint's software products include AX EAM, BOLO, Energy Broker, Energy Financial Management and IDEAS. The company entered into receivership on Jan 31 2011.[7]
April 2011, Energy Solutions announced its plan to purchase Wellpoint Systems.[8] Details of the acquisition were announced in their FAQ.[9] P2 announced the completion of the WellPoint Systems acquisition on May 2, 2011.[10]
Notable events
WellPoint was recently ranked 249th on the 2008 Deloitte Technology Fast 500,[11] a ranking of the 500 fastest growing technology, media, telecommunication and life sciences companies in North America; 28th on the Canadian Technology Fast 50,[12] a ranking of the 50 fastest growing technology firms in Canada; 6th in the Over $20 Million Group for Alberta Venture's 2009 Fast Growth 50 list, a ranking of Alberta's 50 fastest growing companies working in information technology, real estate development, and manufacturing, as well as business, financial and oilfield services; and 96th in the 2009 Branham300 Top 250 Canadian ICT Companies,[13] a ranking of top Canadian and multinational Information and Communication Technologies (ICT) companies operating in Canada.
References
- ^ Put critical information at your fingertips
- ^ Key Performance Indicators
- ^ Back-Office Systems Support Surge
- ^ Alberta Venture Fast Growth 50
- ^ TMX Money
- ^ Mergers such as Bolo/WellPoint can benefit oil and gas marketplace
- ^ http://documentcentre.eycan.com/Pages/Main.aspx?SID=172
- ^ P2 Energy Solutions Press Release
- ^ P2 Energy Solutions FAQ
- ^ P2 Energy Solutions Press Release 5-2-11
- ^ Fast 500: Prior Year Winners
- ^ 2008 Technology Fast 50 Winners
- ^ Top 250 Canadian Technology Companies