Global leaders: Michael Lynch, CEO, founder, president; and Mark Thomas, CTO
Core activity: Visual communication and collaboration tools
Revenue: Not disclosed
Key customers: Bell Helicopter, Chrysler, Halliburton, Joy Mining Machinery, NASA JPL, Sikorsky Aircraft
Right Hemisphere provides standards-based software solutions that automatically amalgamate, manage, process and publish interactive documents containing or driven by 3D design data and processes. The solutions solve the problem of previously incompatible standards and hardware, which slowed the adoption, use and exchange of text, images, video or 3D media.
“Communication is business-critical and you have to remove language time and complexities from those communications. Everything we do is around using 3D and 2D technologies to remove those dependencies,” says president and CEO Michael Lynch.
Ongoing target markets for Right Hemisphere include aerospace and defence, automotive and transportation sectors, construction and agricultural machinery industries, and companies trading in industrial equipment and medical devices. Lynch claims Right Hemisphere has expanded its lead in the aerospace market, with significant new business at Boeing and additionally closed business deals in conjunction with SAP. The business exceeded sales targets for the past four quarters and Lynch says the company has yet to see a negative impact from the economy on growth. “We had 70 per cent growth last financial year and hope to do the same again this year. We are also looking at a public offering in the next two to five years depending on how markets pan out,” says Lynch.
Growth opportunities include the apparel industry (customer wins include US company Wolverine Boots and Shoes) and product manufacturing. Further integration of Right Hemisphere products with ERP systems is a goal being aided by a formalised agreement with SAP.
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