Elements Software, formerly known as Helveta, is a supply chain management software company based in Abingdon, Oxfordshire, England . With revenues of £2.1 million in 2010, it has been recognized for its work in forestry conservation, specifically illegal logging prevention.
Patrick Newton founded Helveta in Abingdon, Oxfordshire in 2004. The company developed supply-chain management software Control Intelligence (CI) World to allow customers to track assets. Supported industries include biofuel, food processing, and forestry.[1] In 2010 Helveta's revenues reached £2.1 million.[2]
In 2008, the Forest Development Authority hired Helveta and SGS, an inspection firm, to develop a technology barcode scanning system to track lumber in Liberia, where the United Nations banned the logging trade in 2003.[3] Helveta also earned clients in the Democratic Republic of the Congo[4] and Cameroon, where a similar project ran from 2008 to 2011. The Cameroon project met many of its goals but failed to secure a long-term commitment in part due to changing government authorities.[5]
Karim Peer is the Chief Executive Officer (CEO) after replacing Newton in 2011.[2]
The Financial Times recognized Helveta as a "Boldness in Business" 2012 award winner for finding profit-making opportunities in sustainable development.[6] In 2015, Helveta was selected as a top ten finalist in the EY Startup Challenge.[7]