Business Intelligence consultancy InfoReady is on the growth path this year as it sets its sights on achieving about 75 per cent growth. It currently has revenues around $13 million and is projecting to hit $20 million by 2016.
InfoReady managing director, Tristan Sternson, said it would be searching for growth through extending its core offerings into big data and marketing.
“We’re putting out offerings that are staying core to our information management foundation and we’re also looking at growing more and bigger customer accounts,” Sternson said. “We’re not at the peak that we need to be.”
InfoReady was founded in 2008 and currently has 60 consultants on its books. Sternson said it would be looking to add at least 40 to 50 consultants.
“We tend to take on the right people and not worry about whether the work is there, because we end up getting the projects behind them. It’s worked well for us so far,” he said.
InfoReady is headquartered in Melbourne and also has offices in Sydney and Brisbane.
Sternson has high hopes for expanding into the Asian market.
“It’s a big enough space to generate some customers in those areas and replicate our solutions once we’ve done all the utilities in Australia, but that’s going to come down to finding the right people, availability, making sure our staff continue to grow their skills and bringing in and training more people,” he said.
InfoReady has a range of clients including NAB, Telstra, MLC, Optus, Queensland Super, Ace Insurance and a number of Queensland government departments. It also completed deals at Dodo, QSuper, Energex, Powerlink, Territory Insurance Office, Pepper Australia and Superpartners.
Its biggest vendor partner is IBM and recently won the IBM Australia/New Zealand Information Management Partner of the Year for 2012, on the heels of scoring Global IBM Information Management Rookie of the Year for 2012.