Victorian software and systems developer TUSC Computer Systems has taken its event correlation technology expertise to the US in a bid to capture a bigger share of the international network management market.
Planning to commence its first direct overseas venture by offering IT outsourcing services in the US, TUSC has invested $500,000 in setting up its Silicon Valley-based subsidiary, Logec Systems.
The new organisation will use an e-commerce model to sell and distribute a range of network-management modules for Hewlett-Packard. TUSC plans to use this experience to capture large-scale software development projects from US-based network providers.
TUSC's general manager Daryll Goodall said the developer expects its US venture to bring in close to $10 million in revenue over the next two years, with current shipping forecasts indicating potential unit sales of 1000 to 3000 in the first year alone.
Leveraging the skills and capabilities of its Australian-based team, Logec will operate on the "software-factory" model that will allow it to take advantage of lower production costs in Australia.
"While we expect quite a lot of our business to come through the US, all the R&D and maintenance will be done in Australia," Goodall explained.
"We believe this is very much an export concept in which we take Australian-made products to the US market through a US-based company."