To qualify companies across Australia must meet a list of strict criteria including a specified amount of growth in revenue for the previous financial year. Revenue figures must be verified by an external accountant or auditor.
In the case of this year’s award the last financial year was between 2008-09 and 2009-10 – the year that the GFC started to impact the Australian economy. During this period many WA businesses had to re-think their strategies to stay afloat in the changing economic landscape.
Scope Logic saw the impact of the GFC specifically in the area of its hardware sales. Clients started preparing for the potential economic downturn by shelving IT expansion plans and ‘making do’ with their existing IT infrastructure.
However, Scope Logic was able to accelerate the growth of a new business division during this time by seizing opportunities which arose in the corporate communications market. The company’s agility enabled them to develop a new revenue stream to counterbalance some of the losses from hardware sales and more importantly, it has placed Scope Logic in the right position to support the evolving needs of their clients today.
“Commercial phone systems is a very exciting space at the moment; the growth of Unified Communications and mobile devices is taking business communications into a new realm which is far more intertwined with IT than ever before.” says Managing Director, Oscar Wetherell. “Simple actions such as accessing company emails on your smartphone, not only requires a responsive IT infrastructure but one that has been built with security at front of mind. Our computers are no longer desk based equipment locked behind alarmed buildings – they go overseas with us on business trips and to football matches on the weekend. The office is truly mobile, the distinction between work and leisure is blurred and the devices we use in these spaces overlap or are one and the same.”
Scope Logic foresees another year of growth with new products and services in the pipeline and the deployment of improved business practices. However, Oscar isn’t expecting the year ahead to be any easier. The challenge to attract and retain quality staff and clients gets tougher each year but he believes his founding principles to focus on people and processes and to be open and honest will continue to contribute to the sustainability of the company.