Elements Software

Elements Software, formerly known as Helveta, is a supply chain management software company and "provider of technology solutions for the timber industry"[1] 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.

## Contents

* 1 History
* 1.1 Leadership
* 2 Awards and recognition
* 3 References

## History

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.[2] In 2010 Helveta's revenues reached £2.1 million.[3]

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.[4] Helveta also earned clients in the Democratic Republic of the Congo[5] 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.[6]

### Leadership

Karim Peer is the chief executive officer (CEO) after replacing Newton in 2011.[3]

## Awards and recognition

The Financial Times recognized Helveta as a "Boldness in Business" 2012 award winner for finding profit-making opportunities in sustainable development.[7] In 2015, Helveta was selected as a top ten finalist in the EY Startup Challenge.[8]

## References

1. ↑ "Helveta ready for next level" (in en-GB). 2006-10-17. https://www.growthbusiness.co.uk/helveta-ready-for-next-level-29465/.
2. ↑ "Company Overview of Helveta Ltd.". Bloomberg Businessweek. https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=9709065. Retrieved 2015-08-30.
3. ↑ 3.0 3.1 Jacobs, Rose (2012-03-20). "Chipping away at deforestation". Financial Times. http://www.ft.com/intl/cms/s/0/60428106-6e57-11e1-b98d-00144feab49a.html#axzz3kLSZxFlo. Retrieved 2015-08-30.
4. ↑ "Protected by bars". The Economist. 2008-03-06. https://www.economist.com/science-and-technology/2008/03/06/protected-by-bars.
5. ↑ Henley, Will (2013-08-14). "Tracking timber: could new technology help clean up the supply chain?". The Guardian. https://www.theguardian.com/sustainable-business/tracking-timber-new-technology-supply-chain. Retrieved 2015-08-30.
6. ↑ Lewis, Jerome; Nkuintchua, Teodyl (2012). Accessible technologies and FPIC: independent monitoring with forest communities in Cameroon. International Institute for Education and Development. pp. 152–163. http://pubs.iied.org/pdfs/14618IIED.pdf#page=153. Retrieved 2015-08-30.
7. ↑ Authers, John (2012-03-20). "Good judgment". The Financial Times. https://www.ft.com/content/826e2616-6e4f-11e1-b98d-00144feab49a. Retrieved 2015-08-30.
8. ↑ "Winning tech firms announced for the 2nd EY Startup Challenge". http://www.cambridgenetwork.co.uk/news/winning-tech-firms-ey-startup-challenge/. Retrieved 2015-08-30.

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