Callaghan Growth Grant Awarded to Promapp

Callaghan Growth Grant Awarded to Promapp [25/1/16]

Auckland, 25 January 2016 – Promapp Solutions, an industry leading provider of cloud-based business process management (BPM) software for creating and managing business processes online, has been awarded an R&D Growth Grant by Callaghan Innovation.

The Growth Grant will provide up to $5M per year, with additional funding for a further two years available on review. It is designed to help organisations add scale to their R&D investment for greater market impact.

Promapp has a strong history of innovation and investment in R&D which has led to the growing success of the company both in New Zealand and Australia and its international expansion to the United States, with the opening of the company’s first US office in San Francisco in 2015.

Promapp offers business process mapping software which enables process improvement, quality assurance and risk management, in line with ISO, Six Sigma and Lean principles. The software is designed to replace hardcopy procedures manuals. It makes processes simple to document, and easy to use and maintain, supporting the development of smarter and safer ways of working, while encouraging sharing of information by operational teams rather than limiting it to process analysts and technical specialists.

Ivan Seselj, CEO, Promapp, said, “We are delighted that Promapp has been approved for R&D funding by Callaghan Innovation. It’s a great honour and the grant will allow us to add scale to our R&D investment enabling us to increase our development team by 50 percent. This will support and accelerate the evolution of our products, enabling us to add new functionality and features for our customers.”

“Product innovation is key to our global market expansion plans. Following the successful signing of clients in the United States and the appointment of a major consulting partner, who will support our channel expansion in the US market, we intend to increase the Promapp sales team by more than 35 percent. This sales strategy will see Promapp continue to expand globally and extend our reach into new markets throughout 2016.”

Businesses today are operating in an ever changing and ever more competitive environment. Organisations are investing more than ever in change, in technology, and in their people in an effort to secure and retain a competitive advantage. Promapp is a new and social cloud-based approach that is producing real results for organisations and delivering that advantage.

About Promapp

Promapp’s wide range of public and private sector customers include : Coca-Cola Amatil, Air New Zealand, Mainfreight USA, Toyota Financial Services, Ricoh Australia, McDonalds, Schneider Electric, Fisher & Paykel Appliances, Genesis Energy, Adelaide City Council, Waikato District Council and Department of Justice, Victoria The company is headquartered in Auckland, New Zealand.

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