Elements Software
Elements Software, formerly known as Helveta, is a supply chain management software company and "provider of technology solutions for the timber industry"[1] based in Abingdon, Oxfordshire, England. With revenues of £2.1 million in 2010, it has been recognized for its work in forestry conservation, specifically illegal logging prevention.
History
[edit | edit source]Patrick Newton founded Helveta in Abingdon, Oxfordshire in 2004. The company developed supply-chain management software Control Intelligence (CI) World to allow customers to track assets. Supported industries include biofuel, food processing, and forestry.[2] In 2010 Helveta's revenues reached £2.1 million.[3]
In 2008, the Forest Development Authority hired Helveta and SGS, an inspection firm, to develop a technology barcode scanning system to track lumber in Liberia, where the United Nations banned the logging trade in 2003.[4] Helveta also earned clients in the Democratic Republic of the Congo[5] and Cameroon, where a similar project ran from 2008 to 2011. The Cameroon project met many of its goals but failed to secure a long-term commitment in part due to changing government authorities.[6]
Leadership
[edit | edit source]Karim Peer is the chief executive officer (CEO) after replacing Newton in 2011.[3]
Awards and recognition
[edit | edit source]The Financial Times recognized Helveta as a "Boldness in Business" 2012 award winner for finding profit-making opportunities in sustainable development.[7] In 2015, Helveta was selected as a top ten finalist in the EY Startup Challenge.[8]
References
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