Developer Issues New Prophecy
Released 18 September 2000
Australia's Prophecy International has built a global business
during the 1990s with its PROPHECY suite of Financials software.
With a worldwide distribution network in place, the Adelaide-based
software developer has launched a new assault on the international
market with its next generation Financials product, ProphecyOpen.
ProphecyOpen is an object-oriented modular software application
which takes a quantum leap beyond the current generation of Financials
packages, including its highly successful predecessor, PROPHECY.
PROPHECY is installed at more than 850 sites around the world, earning
Prophecy International revenues of about $14 million.
Designed for the financial management of medium to large corporate
and government organisations, PROPHECY comprises 20 business modules
including general ledger, accounting services, purchasing, payroll,
leave management, personnel services, assets and project costing.
Operating on the CA-OpenIngres database, PROPHECY is able to run
on as many as 50 different hardware platforms unchanged including
DEC, Sun Hewlett-Packard and IBM systems.
A recent outstanding success is BASIS, a module of PROPHECY that
provides an extensive customer information system for utility organisations
such as those that sell electricity, water or gas services.
Since its release in 1990, PROPHECY has achieved substantial success
internationally, particularly in the United States, the United Kingdom,
Europe, South Africa and South East Asia.
Major international sites include Indonesia's Bank Danamon, which
uses PROPHECY in its 250 branches, regional offices and headquarters,
the South African Ports Authority, Portnet and Yorkshire Electricity,
which is using PROPHECY to compete in the deregulated British utilities
Australian PROPHECY installations include Asset Services, the Federal
Department of Primary Industry and Energy, the West Australian Lotteries
Commission, the Fremantle Ports Authority, NSW Public Works, the
University of Canberra, the Australian Nuclear Science and Technology
Organisation, AWA, APM/Packaging in Victoria and Rapid Metal Developments
Prophecy International develops, markets and supports PROPHECY and
administers its world-wide distribution network from its headquarters
The company also runs subsidiaries in Singapore, the United States
and Britain. The PROPHECY distribution network involves more than
1000 people worldwide.
During the global recession of the early 1990s, Prophecy International
recorded remarkable growth including a doubling of revenue and profit
from year to year.