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News

  • Jade jobs Joob to Gen-i

    Jade Software’s Joob mobile banking solution is being hosted on Gen-i’s ReadyCloud Server infrastructure-as-a-service environment, the companies have announced.

  • Christchurch IT scene: Nurturing an ecosystem

    John Ascroft signed on as the fifth developer at Jade Software in the early 1980s and since then he has watched staff numbers grow from 10 to 350 people, and annual revenue increase to $50 million, 70 percent of which is earned offshore.

  • Jade scores TechNZ funding

    Jade Software has received $240,000 in funding from TechNZ, the Foundation for Research, Science and Technology’s business assistance programme, to further develop its Investigator case management product. Investigator was first developed by the company in association with the Australian Federal Police. It was designed to improve the efficiency and effectiveness of complex, sensitive cases and the software is distributed by Jade’s subsidiary Methodware, through offices in Wellington, Sydney and London. It is used by law enforcement agencies, government departments and private companies in more than 29 countries. Investigator manages activities ranging from covert investigations and transnational crime, through to border security, anti-doping and witness protection. Jade plans to invest around $1 million – including the grant – in further developing the product. Methodware managing director Paul Stokes says the company is investing in growing its investigations and intelligence business internationally and locally. He says the TechNZ funding will let the company step-change its product development programme.

  • Jade pins hopes on $1m security software upgrade

    Christchurch's Jade Software is investing more than $1 million in its investigation product following growing demand from government departments looking for new tools to tackle complex fraud and tax dodgers. Managing director Craig Richardson says that Jade's intelligence-gathering software, Investigator, had been designed for police, but was also generating interest from tax departments and border agencies. The updated software is expected to be available to existing customers by November. The Investigator software is still a small part of Jade's business compared to its logistic management software and its ongoing software services. "Certainly it won't have a big impact on profitability (this year). But in the next three to four years this could be 10 to 15 percent of sales." Jade hopes to push the expanded product within New Zealand and in its key international markets – the Middle East, Europe and Australia. The Investigator expansion comes after Jade released its new Joob database software in a push to derive more revenue from product-licence fees rather than labour-intensive service work. In the financial year ending December 31, 2009, revenue from product licence fees shrank to 9 percent of total revenue, compared to 13 percent the previous year. The 2009 year was tough for Jade with earnings before interest and tax falling 83.5 percent to $839,000. Revenue was $46.2 million, down 7.8 percent, with the fall coming mainly from exports, which comprise 65 percent of the firm's business.

  • Jade launches internal development contest

    Christchurch software developers are stepping outside their usual world of serious computer programming. Jade Corporation has launched a program called Innovate to encourage staff to think like entrepreneurs. Staff are competing to create applications for Apple's iPhone. Once finished, the applications will be uploaded to Apple's online App Store. The person or team with the most downloads will win an iPhone paid for by Jade for two years. The prize was worth $3300. Jade is ready to give up to three iPhones away if the winner is a team. "We want to be seen as an innovative company and behave in a more innovative way and that starts with the people," Jade chief innovation officer John Ascroft says. Jade was spending about $250,000 on the project, but it was mostly staff time, Ascroft says. The competition has been more popular than Ascroft expected. Jade had planned to run two one-day technology courses to teach staff how to write iPhone programmes. After 70 developers signed up for the contest it has had to schedule six courses. Staff are being given half a day each week to work on the project. Jade's developers designed software that moves Europe's trains, controls world ports and solves crimes for police forces. Designing an application was different to what they were used to, Ascroft said. "It's something that is exciting and interesting for the staff. It's a good thing for the staff to do." Read more at Computerworld.