Track’em showing strong growth in 2020 despite the current economic challenges

Company Name: Track’em

Announcement Date: 08/05/2020
Announcement Category: Other
Announcement Content:

Perth, Australia, 06/05/2020

Trackem Pty Ltd (Track'em), leader in cloud-based tracking solutions in construction, mining and oil and gas, is on a trajectory of solid growth, despite the situation that has evolved around COVID-19.

While there is a constant focus on guarding budgets during this period, the company’s key operating metrics are showing strong results. Recent customer success and the uptake of the latest release of Track’em’s materials tracking platform are the driving forces behind this performance.

“2020 has taken a turn that none of us expected,” says Kashif Saleem, Founder and CEO, Track’em.

“With the COVID-19 outbreak, industries and countries have been turned upside down and pulled out of their normal routines. While I regret to see so many companies struggle, Track’em is on a trajectory of growth. We have just released a new version of our Materials Tracking solution and our pipeline is looking healthy, with many new contracts already signed this year.”

The number of active users on Track’em’s platforms has grown by 62% since the beginning of 2020 and the number of transactions running through the software increased by 667% in 2019 alone.

Saleem continuous, “While concerned about the global situation, I’m confident that we will collectively get through this and that it will bring everyone closer together. All our staff are working from home and we have put all the systems and tools in place to make sure we can continue to assist our clients in delivering capital intensive projects in the construction and resource industries on schedule.”

Mark McIntyre, Global VP of Sales, commented, “Our focus has always been on making sure customers can manage and track enterprise resources effectively. In this dynamic time, this is more crucial than ever. The current uncertainty urges companies to optimise processes and have a real-time understanding of the status of project resources such as materials, assets and people. Clients are looking for smarter and flexible ways to operate, and our solutions play right into this.”

Track’em will continue to monitor the situation closely, with the top priority being the health and safety of its staff, customers and stakeholders.

About Track'em
Track’em is the leading provider of cloud-based tracking software in the resources and construction industries. By tracking assets, materials and time, Track'em provides control and drives efficiency during construction and maintenance projects.
Headquartered in Perth, Australia, Track'em has tracked over 10 million items in engineering and construction projects across the world’s largest mining, and oil and gas projects, helping assets owners, engineering companies and contractors deliver projects on time and budget.
For more information, visit trackem.com.au


Announcement URL: https://trackem.com.au/trackem-showing-strong-growth-in-2020-despite-the-current-economic-challenges/
About Track’em:

Track’em is the leading provider of cloud-based tracking software in the resources and construction
industries. By tracking assets, materials and time, Track’em provides control and drives efficiency
during construction and maintenance projects.

Headquartered in Perth, Australia, Track’em has tracked over 10 million items in engineering and
construction projects across the world’s largest mining, and oil and gas projects, helping assets
owners, engineering companies and contractors deliver projects on time and budget.

Our software portfolio consists of:
• Materials tracking
• Asset tracking (plant and equipment)
• Stores, tools and bulk consumables management
• Time tracking and timesheeting solution

Go to Company Profile for: Track’em

Announcement Contact: [email protected]