A company gains popularity amongst the public, peer group and industry because of factors including recognition, innovation, market share, the product offerings and their acceptance, historical background, dividend history, the management and many more, which distinguishes the company from its peers.
If one looks at the popular and successful companies around the world like Apple and Facebook, the thing that makes them unique are the things they do differently. These companies became popular starting as small start-ups to ranking amongst the technology giants.
It is not that these companies have not faced any hurdle or challenges, and it is also not certain that the talents which support these organisations help them to get the work done flawlessly. The thing which allows them to get the things right is that they try to excel in the field most vital for them.
The secret behind the success of these companies is the way they have managed to work in the past with limitations and came up with game-changing products and services.
The three characteristics of a successful company include the competitive advantage, above-average management team and market leadership.
Competitive advantage can further be classified into product differentiation advantage and cost advantage. A company having a differentiation advantage offers products and services of superior quality for the same price as provided by other players in the market. On the other hand, a company with cost advantage offers the same product and services like its peer group but at a lower price.
When it comes to the management of these companies, the quality of management is a significant aspect. It forms an important parameter because of the tremendous experience of the management team in a similar field. Another essential feature of a successful company is a skilled management team that likes to continue working with the company for a longer time and foresees its success in the future.
Lastly, one of the most important features of becoming a popular and successful company is its market leadership.
In this article, we would look at three popular ASX-listed technology companies.
Audinate Group Limited (ASX:AD8)
Audinate Group Limited is the leading provider of professional digital audio networking technologies globally. Its Dante platform circulates digital audio signals over computer networks and is designed in a way to bring the advantages of IT networking to the professional AV industry.
Audinate’s businesses are based in Australia, the US, the UK and Hong Kong.
Since 2018, the company has extended its global footprints with expansion in countries like Japan, Germany and China. The company also has dedicated employees in these crucial markets to drive the acceptance of Dante in a way which is limited to the customs & practices of each of these different countries.
In FY2020, AD8 has plans to deliver Dante in various languages to pitch into the Non-English speaking market.
Management Team:
Name |
Role and Experience |
|
|
Aidan Williams |
· Co-founder and CEO of Audinate. · While he was at National ICT Australia, he was the reason behind the Digital Audio Networking project that formed the fundamental audio networking technology behind Dante. Before this, he was working at Motorola Labs in Sydney was engaged in advanced networking technologies. |
Rob Goss |
· CFO and the Company Secretary at Audinate. · He takes care of finance and accounting, operations and administration. · He has extensive experience in finance of publicly listed companies. |
Mathew Mornington-West |
· Chief Operating Officer of Audinate. · Responsible for daily operational controls, development & execution of business systems along with the process in Supply Chain, Manufacturing, Global Support & Client Satisfaction, Sales Operations, Product Delivery, IT, & Dev Ops. · He holds more than 20 years’ experience in business operations, process management and supply chain solutions throughout multiple sectors. |
Chris Ware |
· Senior Vice President of Engineering at AD8. · Joined AD8 in 2007. · Prior experience in Motorola Advanced Technology and Strategy Group · Led a team at Motorola that worked on the development of advanced Cognitive Radio Systems. |
Joshua Rush |
· Senior Vice President of Marketing and Product Management at AD8. · Has more than 20 years’ experience in business, consumer and channel marketing in a variety of industries. |
Stock Information:
The shares of Audinate Group Limited closed at $8.00 on 31 January 2020, down 1.599% from the previous close. The market capitalisation as on 31 January 2020 was 551.19 million and the company had 67.8 million outstanding shares.
Bravura Solutions Limited (ASX:BVS)
Bravura Solutions Limited is a leading provider of enterprise software and software-as-a-service to wealth management & funds administration industries. The company operates in a large number of financial services markets across two operating segments by delivering software and services to handle & administer financial products. The company operates from 12 offices across eight countries in the EMEA and APAC region. It operates development & support centres in the UK, India, Poland, South Africa, Australia and New Zealand.
Under the Wealth Management segment, Bravura’s products include Sonata, Garradin, ePass, Heritage Wealth Management products. Products under Funds Administration includes RUFUS & RUFUS SaaS, GTAS, GFAS, Babel. BVS’s professional services include Software implementation, Software development, Support, Hosting and managed services plus training.
Management Team:
Name |
Roles and Experience |
|
|
Neil Broekhuizen |
· He is the Independent Non-Executive Chairman and Independent Non-Executive Director of BVS. · He has more than 30 years of experience in the finance industry. · The experience includes 27 years in private equity with Investcorp & Bridgepoint in Europe plus Ironbridge in Australia. |
Tony Klim |
· CEO of Bravura and Managing Director. · Has more than 29 years’ experience in international financial services. |
Martin Deda |
· CFO of Bravura and Executive Director. · More than 28 years’ experience in senior finance and operations roles specifically within the IT and professional services industry sectors. · Has vast experience in financial and management accounting and reporting, tax, treasury, commercial, mergers & acquisitions plus bid and contract management, company secretarial, investor relations, facilities management, IT infrastructure, applications and support, along with shared services. |
Peter Mann |
· Independent Non-Executive Director. · Was earlier the Vice Chairman at Old Mutual Group. · Held various senior roles like CEO of Skandia, the company which ranks amongst the largest retail platforms in the UK. |
Stock Information:
The shares of Bravura Solutions Limited closed at $5.530 on 31 January 2020, up 1.468% from the previous close. The market capitalisation as on 31 January 2020 was 1.33 billion and the company had 243.61 million outstanding shares.
Zip Co Limited (ASX:Z1P)
Zip Co Limited is a financial technology company providing various integrated retail finance solutions to small, medium and enterprise businesses across multiple industries, online as well as in-store. The company offers a 100% cloud-based platform that uses its proprietary technology along with Big Data to improve the fundamentals of promotional finance, particularly interest-free.
Zip Co is focussed on acquiring prime, near prime & emerging prime borrowers by offering them with a revolving line of credit to fund their retail purchase.
Management Team:
Name |
Roles and Experience |
|
|
Philip Crutchfield |
· Chairman, Non-Executive Director of Zip Co. · Is the board member of the Melbourne Law School Foundation, Bell Shakespeare Theatre Company, and The Victorian Bar Foundation Limited. |
Dianne Challenor |
· Non-Executive Director of Zip Co. · She is the General Manager of GTS Westpac Institutional Banking. · She takes care of Westpac’s Global Corporate & Institutional service, product & specialised sales teams. |
John Batistich |
· Non-Executive Director of Zip Co. · He is the Non-Executive Director for Foodco and the Heart Research Institute. · Holds cross-sector experience across Marketing, Digital and General Management. |
Larry Diamond |
· Managing Director and Chief Executive Officer of Zip Co. · Co-founded Zip Co Limited in 2013. · Has two years' experience in retail, IT, corporate finance and investment banking at Pacific Brands, Macquarie Capital and Deutsche Bank. |
Peter Gray |
· Executive Director and Chief Operating Officer of Zip Co. · Co-founded Zip Co Limited in 2013. · Has more than 20 years’ experience in the Retail Finance industry. · He is a licensed Responsible Manager for Zip Co Limited Payments Pty Ltd under the ASIC regime. |
David Franks |
· Company Secretary at Zip Co. · Holds 20 years’ experience in finance and accounting, initially qualifying with Price Waterhouse in their Business Services and Corporate Finance Divisions. |
Stock Information:
The shares of Zip Co Limited closed at $4.040 on 31 January 2020, up 2.538% from the previous close. The market capitalisation as on 31 January 2020 was 1.54 billion and the company had 390.39 million outstanding shares.