Trisha Shetty (Editor)

Axium (company)

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Type
  
Private

Area served
  
United States

Headquarters
  
Portland

Parent organization
  
Deltek

Industry
  
software

Website
  
axium.com

Founded
  
1993

Axium (company) wwwaxiumcomimagesdelteklogopng

Products
  
project accounting software

Profiles

LinkedIn

Axium (XTS Software) is a privately held software company founded in 1993 and based in Portland, Oregon. Axium has created accounting, project management, and business development software for the architecture and engineering (A/E) industries. Axium was named one of the fastest-growing private companies by the Portland Business Journal in 2008, 2009, and 2010. Axium was rated as one of the top 100 companies to work for in the State of Oregon in 2009 and 2010 by Oregon Business magazine.

Contents

History

In 1983, Alan Mills formed a joint venture with Timberline Software and developed the architecture & engineering specific product offering. On September 27, 1996, Timberline Software sold its Architecture & Engineering product line to Mills and Cathy Mills. In 2004, Axium launched an entirely new software platform, Ajera, which makes up its core offering today. The company announced plans to move to neighboring Tigard's Lincoln Center in 2010. The company had revenues of $10.9 million for 2011 and had 78 employees at that time. Axium was sold in December 2012 to 2ndWave Software, but was to retain its headquarters in Oregon.]]

Axium launched a new product, Project Trek, in 2014. This came after the company acquired ArchitTrek in March 2014 in an effort to add collaboration and construction project management to its offering.

Acquisition by Deltek

In June 2014, Axium was acquired by one of their main competitors, Deltek. Terms of the acquisition deal were not disclosed. While Deltek announced plans to incorporate Axium's software solutions into their own offering and reported that the acquisition would speed their growth, Axium continues to operate as a separate entity and serve their 2,200+ existing customers.

Products

  • Ajera (2013) - In 2013, Axium consolidated ajeraCore and ajeraComplete into a singular software product. The new Axium Ajera offers the same web-based platform with full-scale accounting capabilities, project management and planning tools, and real-time financial reporting as the previous Complete version.
  • Project Trek (2014) - A web-based project collaboration tool for Architecture and Engineering firms, spawned by the companies acquisition of ArchitTrek.

    • In addition to the main products listed above, Axium also has some legacy products:

  • PORTFOLIO (2006) – In October 2010, Axium renamed and rebranded the PORTFOLIO product by calling it "AjeraComplete".
  • iTime & iExpense (2002) – First web-based application for employee time & expense entry.
  • Protrax (1997) – Axium’s first windows based software and the first time that Axium offered actual or normal costing within their payroll applications. Sale of Protrax to new clients ended in 2010 but Protrax will continue to be supported by Axium until 2013.
  • TimeTrax (1992) – Windows-based time tracking program that could be integrated with AEasy, AEasy Plus and Protrax.
  • AEasy Plus (1989) – Developed to service medium & large A/E firms with more advanced features.
  • AEasy (1986) – Axium’s second generation MS-DOS solution targeted at small, growing AE firms.
  • AEPEX (1984) – First A/E specific product was developed to work on UCSD p-System and MS-DOS running on a variety of PCs.

    • References

    Axium (company) Wikipedia
    (Text) CC BY-SA


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