Remsoft, the Fredericton-based company that produces predictive analytics software for the forest industry, reported steady growth after investing heavily in research and development for its new platform, Remsoft RISE.

RISE is a cloud-based, multi-user platform for planning and decision optimization. The software is made to find efficiencies in the forest industry value chain.

“For the company, it means more of everything that Remsoft has offered over the years,” said Remsoft spokesperson Donna St. Jean Conti, in an email.

She said the Remsoft RISE cloud-native platform makes it possible for Remsoft to bring more innovative solutions to its clients, solutions that are faster and collaborative on a platform that provides more capacity and that is secure.

"Additionally, it means providing users with end-to-end planning by incorporating additional databases and partnering with other companies to include their capabilities on the same platform.”

According to a statement released last week, the first solution to be offered on the RISE platform, Remsoft Operations, is expected to be available to Remsoft clients in the second half of 2018.

In the same statement, the company said it has grown its staff by 35 per cent and its revenues had consistent year-over-year growth for the past five years.

St. Jean Conti would not disclose how much the company invested into R&D, but she said it was a significant amount. She added that Remsoft is working on projects with the National Research Council, Industrial Research Assistance Program.

Remsoft began in the early 1990s when husband-and-wife duo, Ugo and Andrea Feunekes, began offering land-management software solutions to forestry companies.

Remsoft analyzes forests for clients in industries like land management and civil infrastructure. The age, size and growth rate of wooded areas are examined in order to predict the best times to do certain tasks such as get logs to market or predict where trees may fall and damage a power line.

The software has always been on clients’ desktop computers, but last July the company committed to the massive undertaking of moving the platform to the cloud.

To complete that process, Remsoft hired 10 new employees.

Now, almost a year later, the company reports adding several essential hires, including experts in forest industry and software development.

"Remsoft has experienced strong growth across all areas of our business, allowing us to make significant investments in technologies that will allow our customers to realize the full promise of the cloud," said Andrea Feunekes, CEO and co-founder of Remsoft in last week’s statement.

"A key component of our strategy has been adding to our team in order for Remsoft to develop and deliver quality products based on the Remsoft RISE platform as quickly as possible."