CrimsonLogic hits its stride overseas

[SINGAPORE] Thanks in part to Singapore Inc's brand name, local e-government systems integrator CrimsonLogic has managed to hit its stride overseas, particularly in the emerging markets of the Middle East and Africa, and Latin America, by using its work with the Singapore government as a showcase.

The 25-year-old firm has reached annual revenues of about $100 million and 1,000 employees in its three bases globally, said CrimsonLogic chairman, Eugene Wong. It has grown at about 10 per cent year-over-year in the past five years, and the company is expecting to double its revenue by 2018.

Around 700 staff sit in its Singapore headquarters, with 200 in a software development centre in Bangalore, and 50 in a growing operational office in Panama.