Project Cost Management Software Offering Cost and Production Visibility
Scottsdale, AZ – August 03, 2010 – Hard Dollar Corporation, the worldwide leader in Project Cost Management, offering complete cost and production visibility for capital projects, today announced record results for the first half of 2010. Continued rapid growth increased new customer acquisition by 20%, license sales by 36%, and new employees by 25% over the same period in 2009.
“We continue to acquire new customers across our vertical markets, while our channel partners are experiencing the financial reward that HD software offers project driven businesses. Our mutual customers are achieving record ROI, in many cases greater than 300% within the first year of integrating HD,” stated Doug Nicholas, Hard Dollar President & CEO. “Strong growth also came from our current customer base who continues to expand and standardize their use of HD.”
New Customer Growth
Customers around the globe are benefiting from the HD Project Cost Management, recent additions: AECON, BP, Wild Well Control, TransCanada, Demar Ltd, PSN in Aberdeen, Transfield Oil in Australia, New West Development, Associated Mining Contractors, and International Relief & Development, a major player in rebuilding Haiti.
New Research & Development Center
Opening a new state-of-the-art research and development center located in Hermosillo, Mexico, Hard Dollar is focused on the development of the next generation of HD Project Cost Management products. Currently, 6 full-time development and quality assurance personnel occupy this facility. Their new product developments are expected to become available in the first quarter of 2011. The company also released two upgrades during the period, expanding API’s, and proving additional support to scheduling collaboration with P6 & P7.
Distribution Expansion
Hard Dollar expanded its HARP (Hard Dollar Authorized Reselling Partners) program to 20 global partners. Five of the new partners were in North America, one in the Middle East, and one in Singapore. The company expects sales through the HARP program to contribute between 40% – 50% of revenues in 2010.
About Hard Dollar
Founded in 1989, Hard Dollar Corporation is the world’s leading provider of Project Cost Management systems for Owners and Contractors. Hard Dollar’s cost driven performance management solution centralizes project cost and productivity, resulting in side-by-side visibility of planned and actual costs for enterprise-scale projects. For more information visit HardDollar.com.
Media Contact
Michael Tucker
Marketing Associate
(480) 776-2921
michael.tucker@harddollar.com
