Replicon (company)

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.

Replicon
TypePrivate
IndustrySoftware
Founded1996
FounderRaj Narayanaswamy,
Lakshmi Raj
Headquarters,
Area served
Worldwide
ProductsTime sheet software, Polaris a self-driving Professional Services Automation (PSA)
ParentDeltek, Inc.
Websitewww.replicon.com

On August 23, 2023, Deltek, Inc. 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:

  • Project Time Tracking
  • Time & Resource Management
  • Global Time & Attendance
  • Project Expense Tracking
  • Polaris – Professional Services Automation
  • Polaris – Project Portfolio Management

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

  • Replicon ranked in Top 250 Canadian Tech Companies for 2008[7]
  • Replicon ranked as one of the fastest growing Canadian tech companies in 2004[8] and 2005[9] in Deloitte Technology Fast 50
  • Replicon ranked in Software Magazine's Annual 500 Ranking in 2004, 2005, 2006[10] and 2007[11]

See also

References

  1. Brooks, Steve (August 23, 2023). "Deltek completes Replicon acquisition".
  2. "Replicon Inc". Alberta Science and Technology (ASTech) Leadership Foundation. Archived from the original on April 20, 2009. Retrieved May 1, 2009.
  3. Michael O’Toole (January 1, 2005). "Slow Cooker". Alberta Venture Magazine. AlbertaVenture.com. Retrieved May 1, 2009.
  4. Derek Sankey (March 1, 2008). "Employers embrace diversity". Calgary Herald. Retrieved May 1, 2009.
  5. "Dealflow: Replicon reaps $2 million despite heretical views". Red Herring News. Red Herring, Inc. 13 September 2000. Archived from the original on 7 June 2011. Retrieved 1 May 2009.
  6. Matthew Boyle (March 18, 2002). "They're Counting Your Hours". Fortune Magazine. CNNMoney.com. Retrieved May 1, 2009.
  7. "TOP 250 Canadian Tech Companies" (PDF). Backbone Magazine. April–May 2009. Archived from the original (PDF) on April 19, 2009. Retrieved May 1, 2009.
  8. "Winners, 2004 Canadian Technology Fast 50 ranking". Deloitte Technology Fast 50. Archived from the original on October 10, 2009. Retrieved May 1, 2009.
  9. "Winners, 2005 Canadian Technology Fast 50 ranking". Deloitte Technology Fast 50. Archived from the original on October 9, 2009. Retrieved May 1, 2009.
  10. "Software Magazine's 24th Annual 500 Ranking". Software Magazine. 2006. Archived from the original on May 14, 2009. Retrieved May 1, 2009.
  11. "Software Magazine's 25th Annual 500 Ranking" (PDF). Software Magazine. 2007. Retrieved May 1, 2009.
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