According to Paul Merlo, ROI Systems' CEO, the vendor grew all areas of the business last year including staffing, software licenses, professional services, product development and its business partner program. Beginning the year with a strong cash position, and bolstered by sales and services revenue during the year, have enabled ROI to execute on the plans it announced at the start of 2002, in which year many of its competitors reduced headcount and sought acquisition to remain viable. Contrary to these, ROI Systems' business expanded and its balance sheet remains strong and debt-free.
The financially successful year enabled ROI Systems to continue its historically high investment in research and development. Early in 2002, ROI added Web portals to its product portfolio, which should enable employees throughout a company and its supply chain partners easy access to real-time information from their MANAGE 2000 system.
ROI also initiated development utilizing the Microsoft .NET Framework, and, to that end, mid 2002, the company announced that it has been chosen to participate in Microsoft's .NET Fast Start program. This program, which is funded two-thirds by Microsoft and one-third by the software developer, was designed to accelerate the conversion of the developer's product into the .NET Framework. According to officials of Magenic Technologies, the program's sponsor in the Minneapolis/St. Paul area, ROI Systems was selected for .NET Fast Start because of ROI's demonstrated product readiness, technological expertise, and commitment to Microsoft technologies.
One big reason was that many of the pieces that are necessary for .NET were already in place, such as ROI's n-tier architecture and component object orientation. Also, unlike most systems, the MANAGE 2000's business rules are tightly coupled with the database, so information is processed much more efficiently. When an organization is selected for the Fast Start program, the Microsoft Certified Partner works side-by-side with the organization's developers to promote quick knowledge transfer between the .NET expert and the programming staff, to maximize use of the individuals' development skill sets, and to maximize troubleshooting downtime. ROI expects the first release of MANAGE 2000 to leverage .NET will be released in the last quarter of 2003.
The financially successful year enabled ROI Systems to continue its historically high investment in research and development. Early in 2002, ROI added Web portals to its product portfolio, which should enable employees throughout a company and its supply chain partners easy access to real-time information from their MANAGE 2000 system.
ROI also initiated development utilizing the Microsoft .NET Framework, and, to that end, mid 2002, the company announced that it has been chosen to participate in Microsoft's .NET Fast Start program. This program, which is funded two-thirds by Microsoft and one-third by the software developer, was designed to accelerate the conversion of the developer's product into the .NET Framework. According to officials of Magenic Technologies, the program's sponsor in the Minneapolis/St. Paul area, ROI Systems was selected for .NET Fast Start because of ROI's demonstrated product readiness, technological expertise, and commitment to Microsoft technologies.
One big reason was that many of the pieces that are necessary for .NET were already in place, such as ROI's n-tier architecture and component object orientation. Also, unlike most systems, the MANAGE 2000's business rules are tightly coupled with the database, so information is processed much more efficiently. When an organization is selected for the Fast Start program, the Microsoft Certified Partner works side-by-side with the organization's developers to promote quick knowledge transfer between the .NET expert and the programming staff, to maximize use of the individuals' development skill sets, and to maximize troubleshooting downtime. ROI expects the first release of MANAGE 2000 to leverage .NET will be released in the last quarter of 2003.
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