SimuQuest aims to double revenue within 2 years

SimuQuest spent 2014 laying the groundwork for 2015, inspiring The Ann Arbor-based software firm’s leadership to be optimistic about the coming year.

"We have goals to double our revenue over the next two years," John Mills, founder, president, and CEO of SimuQuest. "We have lots of good reasons to believe we can do that."

The 13-year-old firm specializes in software and data management services. It spend this last year launching two new platforms. It launched UniPhi for Ford earlier this year. The model-based development tool centralizes data management, moving everything to the cloud and streamlining the data management and analysis process for the user.

SimuQuest also launched QuantiPhi this year. The chip configuration and driver integration tool provides a full complement of configurable low-level drivers that guides the user through the intricacies of successfully configuring the chip and driver settings.

Mills and his leadership team are speaking to investors about the prospects to raise a seed round. That capital would help SimuQuest market and sell UniPhi and QuantiPhi, which Mills expects to help spike the company's revenue in 2015.

SimuQuest has also expanded its staff this year. The company has hired one person earlier this year and is looking to hire five people between sales and technical professionals. That expanded team is expected to help push sales and improve the company’s existing technologies and develop the next generations.

"It's pretty amazing," Mills says. "We are doing some things that could change the controls in software products and how they are developed."

Source: John Mills, founder, president, and CEO of SimuQuest
Writer: Jon Zemke

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