Active Risk Manager (ARM) software licence sales were up 10%, with service revenues increasing by 6% and support revenues seeing a 15% uplift. ARM is a web-based enterprise risk management solution used by leading international companies and on some of the worldâs most demanding projects.
Lynton Barker, Executive Chairman of Active Risk said, âIn the last year we have moved more resource into frontline selling and are seeing the returns even though the global economy remains fragile. We continue to make progress and have also made a good start to the second half of our financial year. Since October 1 we have added a further five ARM contracts, including a major global construction company.
âWith the current problems in Europe and slow economic growth in the US, senior executives realize that their organizations are facing challenges and the need to manage risk and exploit opportunities has never been greater. Active Risk Manager is recognized as having the most extensive range of enterprise risk management software capabilities available today and provides companies with the opportunity to drive competitive advantage from their risk management capabilities.â
Active Risk customers worldwide include Rio Tinto, Alstom, Lockheed Martin, Leighton Contractors, EADS, Eurocopter and the US Air Force.