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Maconomy

Maconomy
Public
Industry Information Technology
Founded 1989
Headquarters Copenhagen, Denmark
Key people
Hugo Dorph (CEO)
Products ERP suites, Internet & Security
Revenue Increase DKK 220 million (2009)
Number of employees
211 (2009)
Parent Deltek, Inc
Website http://www.deltek.com

Maconomy was a global provider of Enterprise Resource Planning (ERP) software founded in 1989 in Denmark. Maconomy was acquired by Deltek in 2010.

Maconomy originates from the company PPU Software A/S, founded in Denmark in 1983. In 1989 PPU Software A/S defined a new strategy based on a new base technology, which was encapsulated in a subsidiary called PPU Maconomy A/S.

The Maconomy headquarters were located in Copenhagen, Denmark. Additionally, Maconomy had offices in five other countries: The Netherlands (Benelux), Norway, Sweden, the United Kingdom and the United States. Maconomy also had offshore development operations in Kiev, Ukraine, and an extensive partner network in Europe, UK, India, Canada, South Africa and other countries.

Maconomy completed its Initial Public Offering (IPO) on the OMX Nordic Exchange (formerly Copenhagen Stock Exchange) in December 2000.

On July 6, 2010, Maconomy was acquired by Deltek, Inc.

Maconomy provides ERP products that it claims integrate companies’ project and finance processes into one system. Its industry specific products are aimed primarily at Professional Services Organizations, including consulting firms, marketing communications firms and other knowledge-intensive organizations.

The software itself consists of a core module featuring finance, time registration and job costing functionalities. Add-on modules such as Human Resources (HR) and Customer Relationship Management (CRM) can be integrated with the product.


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