Incom, an Australian developer of risk management software
systems, has confirmed the success of a business strategy to outsource software
development so it could streamline its ability to meet the demands of its
high-end clients, ensure access to leading edge technical skills as well as
protect its intellectual property. Following the successful release of its
enhanced Enterprise Risk Register Version 2.5, which was developed by Mitrais,
Incom has outsourced the development of other software products and ongoing
technical support to the Indonesian company.
A
small company, Incom nevertheless provides information systems to industry
leaders in Australia and internationally. It provided risk management software
for the Department of Prime Minister and Cabinet for the APEC meetings held
throughout 2007 in various Australian cities and culminating in the summit held
in Sydney.
Incom CEO and founder David Watson commends the outsourcing
strategy to other small software companies.
'It is not just a cost advantage outsourcing to Mitrais. By doing
so we complement our risk management software with Mitrais extensive skills in
Microsoft's NET architecture and database skills.
'Mitrais acts like a developer's developer, augmenting our ability
to provide software solutions in the shortest time possible and additional
technical services.
'As Mitrais has Microsoft Gold certification and a strong
Australian association and customer base, we can ramp up quickly address the
needs of our customers for major projects using Mitrais development staff.
'Importantly we have been able to outsource development without
putting our intellectual property at risk,- Mr. Watson said.
Gus Kollar, a spokesperson for the APEC Taskforce stated
'importantly, Incom's risk management systems provided the Taskforce a view of
our entire risk profile, and helped managers understand their risks and the
priority of treatments required to mitigate these risks.-
Mr Watson said many organisations are still trying to manage risks
with spreadsheets and in doing so do not have a good overall view of their risk
exposure and may be piling up reputation risk, financial risk, legal risk and
more. Not only that but few risk management systems have in-built
cost-effectiveness analysis.
Incom helps to move customers from single-user spreadsheet risk
management to multi-user web-enabled database driven enterprise risk management
in the shortest time and lowest cost by providing powerful tools that are simple
to install, configure, train and use.
The Enterprise Risk Register project drew on Mitrais' extensive
skills in .NET, C# ASP.NET and SQL Server to enhance the software to support
true n-tier architecture, Microsoft IE7, Vista, and .NET 2.0
Mitrais has also developed a claims management system which was
commissioned by Incom last year for an Australian insurance company. The next
development phase of that system is about to start at Mitrais Kuta development
facility.