Web Applications is a new start-up company. It offers Web-based management applications. Web Applications has developed an Internet application called Online Office Manager. The patent for it is currently pending. Online Office Manager allows people and businesses to communicate even though they may be working from different locations. Online Office Manager uses applications to replace the physical office. Online Office Manager lets you take your office wherever you go, and you can access it 24 hours a day. Online Office Manager can now be obtained by users who subscribe to our Internet server.
Web Applications, like any start-up company recognizes its potential risks. Web Applications is still a young company, so we must gain market acceptance. The company is analyzing trends in the industry and the customer needs, as well as how to best address those needs.
We intend to be a successful company in the computer software industry. The software market has long been one of the computer industry’s fastest growing segments. According to International Data Corporation (IDC), which is a market research company based in Framingham Massachusetts and estimating revenues for the worldwide market, $122 billion was earned two years ago. That’s an increase of 15% over the previous year. Last year, revenues continued to grow strongly. IDC projects that revenues will grow at a compound annual rate of approximately 12% for the next several years, surpassing $220 billion three years from now.
The company is looking to raise a moderate amount of capital. For year 1, revenue projections are for a 10-fold increase. Web Applications plans to be profitable within six months of its inception.
1.1 Mission
At Web Applications, our mission is to provide an online office system that links workers in different locations to their mother company.
No comment yet, add your voice below!