Web Applications is a start up company that offers Web-based business management software. Web Applications has developed an Internet-based application called Online Office Manager, for which a patent is pending. Online Office manager allows businesses and individuals alike to keep in touch regardless of where they are located. Online Office Manager allows you to replace your physical office with applications. Online Office Manager makes it possible for your office to be with you at all times. You have 24 hour access. Online Office Manager can now be obtained by users who subscribe to our Internet server.
Web Applications is aware of the risks that come with starting a company. Web Applications is a brand new company. We will need to be accepted by the market. The company is working on identifying trends in industry, customer needs, and how to best serve those needs.
We intend to be a successful company in the computer software industry. The software industry has been one the fastest growing segments of computers. According to International Data Corporation (IDC), an international market research firm based in Framingham Massachusetts, the global software market’s revenues reached $122 billion in 2012, a 15% increase over the previous year. Last year, revenues continued to grow strongly. IDC projects revenues to grow at a compound annual rate in excess of 12% over the next few years and surpass $220 billion within three years.
The company is seeking a moderate start-up investment. The company’s revenue projections in year one for Web Applications are for a 10-fold rise in revenue. Web Applications is targeting profitability within six months from the start of operations.
Web Applications’ mission is to create an online office system that connects workers from different locations to their mother companies.