User:Runirokk/sandbox

Company Summary
EC Software is a multinational corporation which develops and supports utility software.

Originally an Icelandic company, EC Software headquarters are now located in Stockholm, Sweden and its development and engineering offices are situated in Chennai, India and Reykjavik, Iceland.

Its current flagship product, Red Peppercorn, is a cloud-based application builder.

History
EC Software was founded in YEAR by NAME on DATE in Iceland to provide e-commerce related services such as online stores, digital brochures, content management systems and business management software to the emerging local market in Iceland.

It was preceded by several smaller companies, such as Vefja a startup within Landsteinar

Current majority owners aquired EC Software in 2007. By then it was active in European and Asian markets and had expanded its service to consultancy, sales and e-commerce IT services and had established development and engineering teams in all three countries consisting of over 70 engineers and computer science graduates, experienced in e-commerce software design, architecture and software engineering. It specialized in multi-lingual and multi-currency online stores and portals and in 2007 it had developed EC Shop, EC Web CMS, EC Replicator and EC Book, which were the precursors to Red Peppercorn.

The EC product line was successful and in 2013 EC Software sold the EC product line to two of its employees who founded Avalonia and focused its resources entirely on Red Peppercorn which launched in June, 2014.

Core Business
Clients use Red Peppercorn to build interactive multimedia applications and launch them to Appstore and Playstore. The interface is browser-based and the building process does not require input from software developers. The clients mold their own applications so the output varies and include catalogs, brochures, magazines and various marketing material. Once an application has been built the software automatically creates functional versions for iOS, Android and web browsers.

Revenue
EC Software runs a tiered subscription model for Red Peppercorn with three standard levels of service; Core, Standard and Professional. Each offers access to defined set of features, user licenses, live publications and services. The fourth level is a, open endednon-standard solution for high-resource clients that are interested in developing solutions that require a customized approach.

EC Software also offers a free trial of the Red Peppercorn Core solution but with limited publication capabilities.