RightCrowd (ASX: RCW) a leading provider of safety, security and compliance software, today announced the opening of its new Global R&D Centre on the Gold Coast, Australia. The opening was attended by The Hon Karen Andrews, Minister for Industry, Science and Technology and Member for McPherson.
RightCrowd has grown from humble beginnings into a global company after being founded in 2004 by Peter Hill, which is now delivering over 80% of its revenue from overseas. Fast-forward 16 years and RightCrowd has continued to expand; with 60 local staff occupying the new R&D centre in Robina, and over 140 employees globally, with the likes of Microsoft and BHP on its books.
“We discovered a gap in the enterprise security market for large corporations to connect their existing physical security and business systems to intelligently manage the safety, security and compliance of their onsite workforce,” Mr Hill explains.
“RightCrowd’s software has been deployed by a number of the world’s largest companies in mining, hi-tech and banking to actively manage the safety and security of their people at huge scale.”
“Almost all of our core research and development work is performed in Robina, and we are looking to further expand our local hi-tech workforce by further sourcing from local universities and international IT talent attracted to the Gold Coast lifestyle.”
Mr Hill acknowledges that without the support of the Federal Government, RightCrowd may not have achieved such global success.
“We have received a number of R&D Tax Incentives, as well as a Commercialisation Grant under AusIndustry, which have been instrumental in helping RightCrowd make significant investments into core R&D projects and achieve a world leading position within the physical security market.”
During the official opening of RightCrowd’s new premises at The Rocket in Robina, Minister for Industry, Science and Technology and Member for McPherson, Karen Andrews, said it was fantastic to see a Gold Coast company finding success on the global stage.
“I am thrilled to discover yet another terrific success story from a born-and-bred Gold Coast business,” Minister Andrews said.
“RightCrowd is a fine example of a business implementing support provided by AusIndustry to assist its own innovation and growth,” Minister Andrews said.
“The fact RightCrowd has expanded from a Robina garage to a new hi-tech R&D centre of 60 staff and 140 staff globally, is testament to how effective the Accelerating Commercialisation Grant program is.”
Founded in 2004, RightCrowd (ASX:RCW) is a leading provider of safety, security and compliance solutions to some of the world’s largest companies. RightCrowd has offices in Seattle, New York, Ghent, Manila and the Gold Coast. Combined with our long-standing relationships with major security and business systems vendors, we are able to deliver world-class solutions to meet our clients’ most difficult security and compliance challenges. Our award-winning solutions have helped businesses of all sizes to redefine their security and compliance programs, delivering improved productivity, at a lower cost.
Accelerating Commercialisation Grant Program
For more information on the Accelerating Commercialisation Grant program, go to: www.industry.gov.au