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{{orphan|date=July 2010}}
{{Update|date=February 2023}}
{{Infobox company

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| name = WellPoint Systems Inc.
{{Infobox_Company |
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| logo = wp logo grade2.gif
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company_name = WellPoint Systems Inc. |
| type = [[Privately held company|Private]]
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company_logo = [[File:wp logo grade2.gif]]|
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| foundation = 1997
company_type = [[Public company|Public]] ({{TSXV|WPS.H}})|
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| location = [[Calgary]], AB Canada and [[Denver]], CO USA
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foundation = 1997 |
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| key_people = Richard D. Slack, President & CEO<br />
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location = [[Calgary]], AB Canada and [[Denver]], CO USA |
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key_people = Richard D. Slack, President & CEO<br />
Hervé Séguin, CFO<br />
Hervé Séguin, CFO<br />
Michael J. Weiss, Chief Technology Officer<br />
Michael J. Weiss, Chief Technology Officer<br />
Christopher Dinkler, Vice President, Global Sales<br />
Christopher Dinkler, Vice President, Global Sales<br />
Alan Hopp, Vice President, Global Services |
Alan Hopp, Vice President, Global Services
industry = [[Software]] |
| industry = [[Energy]]
num_employees = 193 (2008) |
| num_employees = 193 (2008)
homepage = [http://www.wellpointsystems.com www.wellpointsystems.com]
| homepage = [http://www.wellpointsystems.com www.wellpointsystems.com]
}}
}}


'''WellPoint Systems Inc.''', a Calgary-based public company, develops and supports software packages for the [[energy industry]]<ref>[http://www.bolosystems.com/pdf/Hart_E_and_P_%20Jan_07.pdf Put critical information at your fingertips]</ref>. The company's software is used in various applications including oil marketing, asset management and operations management<ref>[http://www.bolosystems.com/pdf/Bolo_O&GInvestor_5.1.07.pdf Key Performance Indicators]</ref>. WellPoint's energy software suite utilizes [[Microsoft Dynamics AX|Dynamics AX]] and [[.NET Framework|.NET]] architectures. The company also provides software and services under the BOLO<ref>[http://www.bolosystems.com/pdf/AOGR-BackOfficeSystems.pdf Back-Office Systems Support Surge]</ref>, IDEAS International and iSoft brands.
'''WellPoint Systems Inc.''', a Calgary-based private company, develops and supports software packages for the [[energy industry]].<ref>{{Cite web |title=WellPoint Systems Company Profile: Valuation, Investors, Acquisition {{!}} PitchBook |url=https://pitchbook.com/profiles/company/52114-42#overview}}</ref> The company's software is used in various applications including oil marketing, asset management and operations management.<ref>{{Cite web|url=http://www.bolosystems.com/pdf/Bolo_O&GInvestor_5.1.07.pdf|title=Key Performance Indicators}}</ref> WellPoint's energy software suite utilizes [[Microsoft Dynamics AX|Dynamics AX]] and [[.NET Framework|.NET]] architectures. The company also provides software and services under the BOLO,<ref>{{Cite web|url=http://www.bolosystems.com/pdf/AOGR-BackOfficeSystems.pdf|title=Back-Office Systems Support Surge}}</ref> IDEAS International and iSoft brands.

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WellPoint currently employs nearly 200 people<ref>{{Cite web|url=http://www.albertaventure.com/?p=2924&year=2009&Itemid=1302&industry=519&Company=6&Over=1|title=Alberta Venture Fast Growth 50}}</ref> in seven offices worldwide. The company was publicly traded on the [[Toronto Stock Exchange|TSX]] Venture Exchange, a public venture capital marketplace for emerging companies,<ref>{{cite web|url=http://cxa.marketwatch.com/tsx/en/market/quote.aspx?symbol=WPS|url-status=dead|archive-url=https://web.archive.org/web/20090218092404/cxa.marketwatch.com/tsx/en/market/quote.aspx?symbol=WPS|archive-date=2009-02-18|title=WellPoint Systems Inc. (WPS-V)}}</ref> before it was delisted by the exchange for failing to maintain the exchange's requirements in 2013.<ref>{{Cite web |title=Bulletin Contents |url=http://apps.tmx.com/TSXVenture/TSXVentureHttpController?GetPage=NoticesContents&PO_ID=1048361&NOTICE_ID=188369&HC_FLAG1=on&HC_FLAG2=on |access-date=2023-08-16 |website=apps.tmx.com}}</ref>
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WellPoint currently employs nearly 200 people<ref>[http://www.albertaventure.com/?p=2924&year=2009&Itemid=1302&industry=519&Company=6&Over=1 Alberta Venture Fast Growth 50]</ref> in seven offices worldwide and is publicly traded on the [[Toronto Stock Exchange|TSX]] Venture Exchange, a public venture capital marketplace for emerging companies<ref>[http://cxa.marketwatch.com/tsx/en/market/quote.aspx?symbol=WPS TMX Money]</ref>.


==History==
==History==
Founded in 1997, Calgary-based WellPoint Systems also has operations in [[Denver]], CO; [[Houston]], TX; [[Livingston, New Jersey]], NJ; [[Tampa]], FL; [[Tunis]], Tunisia and [[Pretoria]], South Africa. In 2006, WellPoint acquired [http://www.wellpointsystems.com/ideas.php IDEAS International], Inc. and then [http://www.wellpointsystems.com/bolo.php Bolo] Systems, Inc.<ref>[http://www.wellpointsystems.com/pdf/Oil_&_Gas_Financial_Journal_4-08.pdf Mergers such as Bolo/WellPoint can benefit oil and gas marketplace]</ref> and [http://www.isoft-tech.co.za/ iSoft Technologies] (pty) Ltd. in 2007. Wellpoint's software products include AX EAM, BOLO, Energy Broker, Energy Financial Management and IDEAS. The company entered into receivership on Jan 31 2011. http://documentcentre.eycan.com/Pages/Main.aspx?SID=172
Founded in 1997, Calgary-based WellPoint Systems also has operations in [[Denver]], Colorado; [[Houston]], Texas; [[Livingston, New Jersey|Livingston]], New Jersey; [[Tampa]], Florida; [[Tunis]], Tunisia and [[Pretoria]], South Africa. In 2006, WellPoint acquired IDEAS International, Inc. and then Bolo Systems, Inc.<ref>{{Cite web|url=http://www.wellpointsystems.com/pdf/Oil_&_Gas_Financial_Journal_4-08.pdf|title=Mergers such as Bolo/WellPoint can benefit oil and gas marketplace}}</ref> and iSoft Technologies (pty) Ltd. in 2007. Wellpoint's software products include AX EAM, BOLO, Energy Broker, Energy Financial Management and IDEAS. The company entered into receivership on January 31, 2011.<ref>{{cite web|url=http://documentcentre.eycan.com/Pages/Main.aspx?SID=172|url-status=dead|archive-url=https://web.archive.org/web/20170606144818/documentcentre.eycan.com/Pages/Main.aspx?SID=172|archive-date=2017-06-06|title=WellPoint Systems Group [Court Appointed Receiver]}}</ref>

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April 2011, Energy Solutions announced its plan to purchase Wellpoint Systems.<ref name="auto">{{Cite web|url=https://www.p2energysolutions.com/newsroom|title=Newsroom|website=P2 Energy Solutions}}</ref> Details of the acquisition were announced in their FAQ.<ref name="auto"/> P2 announced the completion of the WellPoint Systems acquisition on May 2, 2011.<ref name="auto"/>
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April 2011, [http://www.p2es.com P2 Energy Solutions] announced its plan to purchase Wellpoint Systems <ref>[http://www.p2energysolutions.com/newsroom/P2-energy-solutions-extends-international-reach-adds-complementary-products-with-wellpoint-systems-acquisition P2 Energy Solutions Press Release]</ref>. Details of the acquisition were announced in their FAQ <ref>[http://www.p2energysolutions.com/newsroom/P2-wellpoint-FAQ P2 Energy Solutions FAQ]</ref>. P2 announced the completion of the WellPoint Systems acquisition on May 2, 2011 <ref>[http://www.p2energysolutions.com/newsroom/p2-energy-solutions-completes-acquisition-of-wellpoint-systems P2 Energy Solutions Press Release 5-2-11]</ref>.


==Notable events==
==Notable events==
WellPoint was recently ranked 249th on the 2008 [[Deloitte]] Technology Fast 500<ref>[http://deloitte-touche.net/dtt/cda/doc/content/us_tmt_2008TechnologyFast500Winners.pdf Fast 500: Prior Year Winners]</ref>, a ranking of the 500 fastest growing [[technology]], [[Mass media|media]], [[telecommunication]] and [[life sciences]] companies in [[North America]]; 28th on the Canadian Technology Fast 50<ref>[http://en.fast50.ca/winners 2008 Technology Fast 50 Winners]</ref>, a ranking of the 50 fastest growing technology firms in Canada; 6th in the Over $20 Million Group for Alberta Venture’s 2009 Fast Growth 50 list, a ranking of Alberta’s 50 fastest growing companies working in [[information technology]], [[real estate development]], and [[manufacturing]], as well as [[business]], [[financial]] and oilfield services; and 96th in the 2009 Branham300 Top 250 Canadian ICT Companies<ref>[http://www.branhamgroup.com/branham300/index.php?year=2009&listing=1&offset=75 Top 250 Canadian Technology Companies]</ref>, a ranking of top Canadian and multinational Information and Communication Technologies (ICT) companies operating in Canada.
WellPoint was recently ranked 249th on the 2008 [[Deloitte]] Technology Fast 500,<ref>{{Cite web|url=https://www2.deloitte.com/us/en.html|title=Deloitte US &#124; Audit, Consulting, Advisory, and Tax Services|website=Deloitte United States}}</ref> a ranking of the 500 fastest growing [[technology]], [[Mass media|media]], [[telecommunication]] and [[life sciences]] companies in [[North America]]; 28th on the Canadian Technology Fast 50,<ref>{{cite web|url=http://en.fast50.ca/winners|url-status=dead|archive-url=https://web.archive.org/web/20080928050102/en.fast50.ca/winners|archive-date=2008-09-28|title=2008 Canadian Technology Fast 50 ranking}}</ref> a ranking of the 50 fastest growing technology firms in Canada; 6th in the Over $20 Million Group for Alberta Venture's 2009 Fast Growth 50 list, a ranking of Alberta's 50 fastest growing companies working in [[information technology]], [[real estate development]], and [[manufacturing]], as well as [[business]], [[financial]] and oilfield services; and 96th in the 2009 Branham300 Top 250 Canadian ICT Companies,<ref>{{Cite web|url=http://www.branhamgroup.com/branham300/index.php?year=2009&listing=1&offset=75|title=Top 250 Canadian Technology Companies}}</ref> a ranking of top Canadian and multinational Information and Communication Technologies (ICT) companies operating in Canada.


==References==
==References==
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{{DEFAULTSORT:Wellpoint Systems}}
{{DEFAULTSORT:Wellpoint Systems}}
[[Category:Software companies of the United States]]
[[Category:Companies listed on the NEX Exchange]]
[[Category:Defunct software companies of Canada]]


{{ict-company-stub}}

Latest revision as of 06:44, 1 July 2024

WellPoint Systems Inc.
Company typePrivate
IndustryEnergy
Founded1997
HeadquartersCalgary, AB Canada and Denver, CO USA
Key people
Richard D. Slack, President & CEO

Hervé Séguin, CFO
Michael J. Weiss, Chief Technology Officer
Christopher Dinkler, Vice President, Global Sales

Alan Hopp, Vice President, Global Services
Number of employees
193 (2008)
Websitewww.wellpointsystems.com

WellPoint Systems Inc., a Calgary-based private company, develops and supports software packages for the energy industry.[1] The company's software is used in various applications including oil marketing, asset management and operations management.[2] WellPoint's energy software suite utilizes Dynamics AX and .NET architectures. The company also provides software and services under the BOLO,[3] IDEAS International and iSoft brands.

WellPoint currently employs nearly 200 people[4] in seven offices worldwide. The company was publicly traded on the TSX Venture Exchange, a public venture capital marketplace for emerging companies,[5] before it was delisted by the exchange for failing to maintain the exchange's requirements in 2013.[6]

History

[edit]

Founded in 1997, Calgary-based WellPoint Systems also has operations in Denver, Colorado; Houston, Texas; Livingston, New Jersey; Tampa, Florida; Tunis, Tunisia and Pretoria, South Africa. In 2006, WellPoint acquired IDEAS International, Inc. and then Bolo Systems, Inc.[7] and iSoft Technologies (pty) Ltd. in 2007. Wellpoint's software products include AX EAM, BOLO, Energy Broker, Energy Financial Management and IDEAS. The company entered into receivership on January 31, 2011.[8]

April 2011, Energy Solutions announced its plan to purchase Wellpoint Systems.[9] Details of the acquisition were announced in their FAQ.[9] P2 announced the completion of the WellPoint Systems acquisition on May 2, 2011.[9]

Notable events

[edit]

WellPoint was recently ranked 249th on the 2008 Deloitte Technology Fast 500,[10] a ranking of the 500 fastest growing technology, media, telecommunication and life sciences companies in North America; 28th on the Canadian Technology Fast 50,[11] a ranking of the 50 fastest growing technology firms in Canada; 6th in the Over $20 Million Group for Alberta Venture's 2009 Fast Growth 50 list, a ranking of Alberta's 50 fastest growing companies working in information technology, real estate development, and manufacturing, as well as business, financial and oilfield services; and 96th in the 2009 Branham300 Top 250 Canadian ICT Companies,[12] a ranking of top Canadian and multinational Information and Communication Technologies (ICT) companies operating in Canada.

References

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  1. ^ "WellPoint Systems Company Profile: Valuation, Investors, Acquisition | PitchBook".
  2. ^ "Key Performance Indicators" (PDF).
  3. ^ "Back-Office Systems Support Surge" (PDF).
  4. ^ "Alberta Venture Fast Growth 50".
  5. ^ "WellPoint Systems Inc. (WPS-V)". Archived from the original on 2009-02-18.
  6. ^ "Bulletin Contents". apps.tmx.com. Retrieved 2023-08-16.
  7. ^ "Mergers such as Bolo/WellPoint can benefit oil and gas marketplace" (PDF).
  8. ^ "WellPoint Systems Group [Court Appointed Receiver]". Archived from the original on 2017-06-06.
  9. ^ a b c "Newsroom". P2 Energy Solutions.
  10. ^ "Deloitte US | Audit, Consulting, Advisory, and Tax Services". Deloitte United States.
  11. ^ "2008 Canadian Technology Fast 50 ranking". Archived from the original on 2008-09-28.
  12. ^ "Top 250 Canadian Technology Companies".
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