Replicon (company) explained

Replicon
Type:Private
Foundation:1996
Founder:Raj Narayanaswamy,
Lakshmi Raj
Location City:Calgary, Alberta
Location Country:Canada
Area Served:Worldwide
Industry:Software
Products:Time sheet software, Polaris a self-driving Professional Services Automation (PSA)
Parent:Deltek

Replicon is a Calgary-based software-as-a-service (SaaS) company that makes software for time tracking, advanced project management, task collaboration, resource allocation, and professional services automation. Its online timesheets and cloud clock are an alternative to paper timesheets or punch cards.

On August 23, 2023, Deltek announced that it had completed the acquisition of the company.[1]

History

Replicon was co-founded in 1996 [2] by Raj Narayanaswamy and Lakshmi Raj [3] in Calgary, Canada. The company expanded its presence globally over the years and has set up major offices in other countries.[4]

The founders reckoned that simple everyday processes like time sheet management and expense reports cause major problems and hence went about building web-based applications to relieve the stress on businesses and optimize workforce productivity.[5]

As of March 2022, it reportedly has over 2500 B2B customers in 80+ countries, and has more than 600 employees across Australia, Canada, India, the United Kingdom, and the United States.

Three months after an agreement between the parties was reported, Replicon completed its purchase in August 2023 to Deltek.

Products

Replicon's product suite focuses on time intelligence.[6]

Their suite of products include:

Replicon has partnered and integrated with a number of HR, accounting, and payroll software. It also features an open API — allowing developers to integrate Replicon with their existing applications and software.

Selected awards and recognition

See also

Notes and References

  1. Web site: Brooks . Steve . August 23, 2023 . Deltek completes Replicon acquisition .
  2. Web site: Replicon Inc. . Alberta Science and Technology (ASTech) Leadership Foundation . May 1, 2009 . dead . https://web.archive.org/web/20090420183616/http://www.astech.ab.ca/awards/past-recipients/2006/replicon-inc. . April 20, 2009 .
  3. Web site: Michael O’Toole. Slow Cooker. Alberta Venture Magazine. AlbertaVenture.com. January 1, 2005. May 1, 2009.
  4. Web site: Derek Sankey. Employers embrace diversity. Calgary Herald. March 1, 2008. May 1, 2009.
  5. Web site: Dealflow: Replicon reaps $2 million despite heretical views . Red Herring News . Red Herring, Inc . 13 September 2000 . 1 May 2009 . dead . https://web.archive.org/web/20110607095251/http://www.redherring.com/Home/9211 . 7 June 2011.
  6. Web site: Matthew Boyle. They're Counting Your Hours. Fortune Magazine. CNNMoney.com. March 18, 2002. May 1, 2009.
  7. Web site: TOP 250 Canadian Tech Companies . Backbone Magazine . April–May 2009 . May 1, 2009 . dead . https://web.archive.org/web/20090419095648/http://www.backbonemag.com/files/PDF/Top_300_2009/Top250-Canadian-Tech.pdf . April 19, 2009.
  8. Web site: Winners, 2004 Canadian Technology Fast 50 ranking . Deloitte Technology Fast 50 . May 1, 2009 . dead . https://web.archive.org/web/20091010001327/http://en.fast50.ca/winners/winners~4 . October 10, 2009.
  9. Web site: Winners, 2005 Canadian Technology Fast 50 ranking . Deloitte Technology Fast 50 . May 1, 2009 . dead . https://web.archive.org/web/20091009003957/http://en.fast50.ca/winners/winners~7 . October 9, 2009.
  10. Web site: Software Magazine's 24th Annual 500 Ranking . Software Magazine . 2006 . May 1, 2009 . dead . https://web.archive.org/web/20090514093438/http://www.softwaremag.com/windows/2006-10/2006-10-fast-cos-sm.htm . May 14, 2009.
  11. Web site: Software Magazine's 25th Annual 500 Ranking. Software Magazine. PDF. 2007. May 1, 2009.

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