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Elders prefers next-generation Aussie software over multinational giants

  • 12 April, 2007 10:10

<p>MELBOURNE, April 12. Agribusiness group Elders Limited has chosen the Odyssey intelligent supply chain and corporate accounting solution from Melbourne-based Mid-Comp International Pty Ltd, to support the group’s massive Merchandise Division operations.</p>
<p>Mid-Comp’s solution was preferred to more than 100 competing systems from vendors that included multinational giants SAP AG and Lawson Software. The $10 million project will take 12 months to implement.</p>
<p>The decision was made after an intensive evaluation in which stakeholders representing 420 Elders locations nationwide participated.</p>
<p>Chris Ferguson, Elders’ General Manager, IT, said: “What particularly impressed us was Odyssey’s underlying technology and application architecture. We are also considering this radically advanced software suite to service other aspects of our enterprise-wide IT agenda.”</p>
<p>Odyssey is rapidly evolving into one of the world’s largest pure Java commercial systems. The solution is platform independent and fully scalable, delivering business flexibility to Elders. The suite provides full financial processing, inventory management, sales and distribution.</p>
<p>Mid-Comp CEO Steve Bridges said: “For an unheralded Aussie software company to bump off giants of the calibre of SAP and Lawson on a level playing field confirms our belief that Odyssey represents a new enterprise level application software. Odyssey delivers a 21st century strategic weapon at a fraction of the conventional cost. The Elders sale will have a significant impact on our global branding.”</p>
<p>Odyssey has a derivative solution called Stockman, based on the same architecture, which is targeted at small to medium businesses.</p>
<p>About Elders Limited</p>
<p>Elders Limited is a progressive agribusiness with a focus on client and customer service, delivered by 420 Australian branches and agencies, as well as overseas offices. The successful and profitable Elders Rural Bank, plus local and international investments in the wool and red meat production lines, and commitment to building farm merchandise, insurance and real estate businesses, are all examples of Elders how meets the service challenge.</p>
<p>About Mid-Comp International (www.midcomp.com.au)</p>
<p>Founded in 1995, Mid-Comp International Pty Ltd is a Melbourne-based developer and supplier of business solutions software that takes advantage of both current and emerging technologies. Business solutions encompassing Intelligent Supply Chain, Managed Availability and IBM systems management are the key focus.</p>
<p>Mid-Comp enjoys a strategic relationship with IBM, and supplies products and services to a client list that includes the dominant Australian commercial enterprises. The company also supplies product to users in 26 countries, including many Fortune 500 companies.</p>
<p>Mid-Comp’s current emphasis is on architectures and mechanisms that facilitate Internet-based business transactions, with a focus on those that can demonstrate a genuine application in the wider business community.</p>
<p># # #</p>
<p>For more information</p>
<p>Steve Bridges,
CEO, Mid-Comp International Pty Ltd
Phone: (03) 9011 8288 or 0407 498 400
Email: steveb@midcomp.com.au</p>
<p>Chris Ferguson
General Manager - Information Technology
Elders Australia Limited
(08) 8425 4000
Mobile 0419 804 496</p>

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