24SevenOffice is a significant player and leading technology vendor in the market. Our technology frees your company from start-up investments and operation of servers and applications. With our economy of scale, you get cost efficient solutions running from secure data centers. The system is quality assured by several large organizations, and integrated with banks, clearing houses, credit reporting, collection companies, networking and communication companies.
24Seven Technology Group ASA, mainly consisting of 24SevenOffice AS and Oyatel AS, was listed on the Axess list of Oslo Stock Exchange on June 22nd 2007. After significant growth in recent years the company showed revenues of approximately NOK 100 million in 2010.
The business model is based on subscriptions to system functionality, and data that provides repeatable and predictable revenues. These subscriptions form the future basis for secure and valuable services to our customers. A solid foundation for further growth and increased market share, both domestically and internationally is there for years to come.
Analysts predict that more than 30% of all new software purchases in the corporate market will be delivered in SaaS model by 2012, and the growth is expected to be 25% annually the next four years.