AX firm in 2008 Canadian Technology Fast 50 ranking

Calgary-headquartered company WellPoint Systems (TSX:WPS) that specializes in AX implementations for the energy industry, primarily oil&gas, appeared in Deloitte's ranking of 50 fast growing companies in Canada in 2008, with 695% of revenue growth over 5 years. This news is a good contribution to AX popularization in Canada.
With the oil price dropped significantly since July 2008 and oil&gas companies being seriously challenged, the sustainability of WPS' further growth is jeopardised for the nearest future. Even though a bounce back in the price of oil is expected by many experts - as soon as the economy recovers, there is no certainty about when it would happen. The share price of WellPoint Systems has dropped by ~ 55-60% since the middle of the last year, based on TSX data.
This could be a good time for strategic M&A and partnerships in the AX segment as well as for other strategic moves to make a difference in the stagnating economy.

© Andrey Maslov

Follow-up comments on "Discover Microsoft Dynamics AX"

Well, we've got a really great session over there! Some of the interesting points that came up during the Q&A part of the discussion were:

• Shared services centers - how AX can support them for better efficiency of distributed businesses
• How to prepare for IFRS that are coming to North America to become a mandatory requirement
• How enterprise solutions can support the business with very limited operations in spokes (in 'hub and spokes' configuration) with poor communication channels
• Global company's strategy and options for integration of newly acquired businesses

These are some of the questions we will be following up on with our clients and here on this blog. Let's keep in touch ...

© Andrey Maslov