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About us |
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Ubikwiti Ltd was founded in 2007 with the goal of developing innovative, flexible, and low-cost Web 2.0 SaaS accounting and business management software for SMBs, marketed exclusively through accounting practices.
Ubikwiti’s only R&D Centre is located in Kuala Lumpur, Malaysia. All development and support for Ubikwiti products is provided by the KL R&D Centre. |
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Investors and Directors |
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The major investor and largest shareholder of Ubikwiti Ltd is Ronald R. Dewhurst, currently Senior Managing Director and Head of International of Legg Mason, one of the top ten largest asset managers in the world. Legg Mason has assets under management of $685 billion (as of March 31, 2010).
From 1993 – 2002 Mr. Dewhurst held various positions at J.P.Morgan including Head of the Americas, New York, for J.P. Morgan Investment Management and J.P. Morgan Fleming Asset Management; Head of Asian Equities, Hong Kong; and Head of European Equities, London. He was also a member of the J.P. Morgan Global Committee for Private Banking and Asset Management.
The Executive Director of the company is Paul Martin, a successful UK-based businessman and entrepreneur with more than 30 years experience in the development and marketing of accounting and business management software for the SMB market. Mr. Martin joined Pegasus Software in 1981, remaining with Pegasus until the company went public. Pegasus is still a major player in the Eurozone European accounting software market. Mr. Martin subsequently worked for IBM in senior marketing roles prior to establishing his own business in IT and finance. He sold that business after 10 years to Société Générale - a major French banking group.
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The Ubikwiti Team |
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Ubikwiti’s research, development and support team in Kuala Lumpur includes a rare combination of software designers and engineers with experience in large-scale mainframe banking and telecommunications applications (valuable for high-performance cloud computing applications) PLUS more than 15 years shared experience in designing, developing and supporting a scalable, award-winning, client-server accounting and business management application for the US market (AccTrak21 – see 5-Star Awards).
In 2007 members of the Ubikwiti Team (at that time employed by AccTrak21) played the major role in the development of Order-to-Cash standard specifications for the Mid-Market Working Group of OAGi - Open Applications Group. Other members of the Working Group included Intuit, SAP, Lawson, IBM, Oracle, Infor, and Manhattan Associates. It is worthy of note that AccTrak21 was the only Asian-based company invited to participate in the Working Group. |
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Ubikwiti’s Philosophy |
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Ubikwiti’s philosophy is based on the following assessments: |
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SMBs and their SMPs have long-standing and deep-seated dissatisfaction with most current business software applications because they are too expensive to purchase, install and maintain, too inflexible, don’t address processes that cross business functions, and don’t match business requirements. |
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Workplaces are dynamic and SMBs and their SMPs require a strong measure of control over the evolution of their accounting and business management software. |
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SMBs and their SMPs see technology as a means of growing their businesses and gaining operational efficiencies. |
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SMBs and their SMPs have been searching for agile approaches to software applications and IT architectures for years. |
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SMBs and their SMPs need information technology and collaboration tools that minimize management and maintenance costs, scalability and integration issues. |
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SMBs and their SMPs need to be at the center of the design process. “Build-for-change” requirements should place the most likely business changes at the center of the application’s design, including its interface to change process and business rules without programming. And the best way to accommodate business change is to give SMBs and their SMPs the tools and services to create situational enhancements and modifications, including the ability to easily add “add-on” modules without needing any technical skills. |
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Wherever possible, SMBs and their SMPs should be empowered to define, configure, launch, modify and enhance their own business applications to meet their own business needs, as and when their business needs change, with minimal involvement of IT professionals. |
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SMBs and their SMPs need technology that’s competitively priced and value-for-money; they will go with technology providers that deliver the proven best value for their businesses. |
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SMBs and their SMPs should be enabled to outsource the major part of their IT infrastructure (e.g. servers and storage devices), eliminate up-front IT costs, pay only for what they use, and yet also enjoy enhanced business application flexibility and responsiveness. |
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Brand leadership and brand loyalty are rapidly diminishing factors in technology purchasing decisions. |
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The application software environment will be dominated by the catalytic convergence of three major emerging technology trends, (i) Service Oriented Architecture (SOA), (ii) Software as a Service (SaaS), and (iii) Dynamic Business Applications (DBA). |
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SOA, SaaS and DBA will shift account control from a world where the packaged application vendors have the largest degree of account control to a new, hybrid world in which businesses will define themselves by their effective deployment of these strategic technologies. |
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SOA, SaaS and DBA will better equip businesses with the tools to provide strategic capabilities and flexibility to help drive corporate strategy, and better enable required internal and external services, including mash-ups, to be provided in a changing business environment. |
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SaaS providers should be front-runners in providing an architecture open to SOA and DBA, thus enabling businesses to easily extend their application systems and cost-effectively streamline business processes. |
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Economic necessity in conjunction with emerging technologies and the need for competitive responsiveness will encourage SMBs and their SMPs to look for new and low-cost ways to replace their current inflexible, expensive business applications with applications capable of quickly and efficiently meeting “design-for-people” and “build-for-change” requirements. |
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Ubikwiti Java Fusion Center |
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Faber Towers, Menara 2, Taman Desa, 58100 Kuala Lumpur, Malaysia
Tel : (+603) 7620 8733 Fax : (+603) 7620 8738 Email : info@ubikwiti.com |
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