IT service provider, Kiandra IT, has reported good first-half financial year results and is expecting to grow the business’ revenue by 49 per cent in the 2012 financial year.
Since June 2011, Kiandra IT has nabbed a number of large projects and extended its relationship with many high-profile clients including Coles Group, the Royal Australasian College of Surgeons, the Department of Health and the Victoria Police.
The positive results were attributed to new technical and sales staff hired in 2011 as well as big wins by Kiandra IT’s infrastructure and software development divisions.
Custom software and mobile application development has proved to be a particularly in-demand service in verticals such as start-ups, government and enterprise. This trend is expected to continue for the IT service provider well into the rest of 2012.
Despite continual warnings about a possible global financial crisis part two, Kiandra IT managing director, Cameron Brookes, remains optimistic about the company’s projected 49 per cent revenue growth.
“Part of the strength of our business is we play in a broad range of sectors,” he said. “We have our software development and infrastructure services – when one experiences challenging times the other is there to support it.”
According to Brookes, the government sector will continue to spend money on IT during downturns to maintain operations. While some start-ups may fade away, new ones will sprout up during difficult times and Australia’s enterprise sector is fairly resilient.
“We have strong clients moving forward and we’re well prepared for what may come,” Brookes said.
Apart from a strong software development team, Kiandra IT has been beefing up its security credentials. It has identified this as a lucrative market and is keen on providing specialist security services in the future.
Kiandra IT is also looking to develop its business in Perth. The company opened up a branch office in the Western Australia capital 12 months ago and is looking to woo more government clients.
It is eyeing off a possibility to move into the resources sector as well.