All those demos and what were they good for....

Closed our largest deal to date last week. In classical idly pidly technology company format, first demo to the client was done in September 2004, second in November 2004, third in February 2005, fourth in March 2005, fifth in March 2005 and the sixth and final in April 2005. Decision to speak with us as a serious vendor (despite our idly pidly status) was taken somewhere in March. Side by side with demos contract related negotiations went on for another two months and we finally signed in mid May.

Great win for us because the deal will put our Market Risk solution (BIS requirements) on the domestic map and give us (Inshallah) a great reference site. Looking back it wasn't just us. A lot of people over the last two years contributed in terms of introductions, ideas, guidance, prayers, references and moral support. Thank you all of you. You know who you are.

Also in typical idly pidly fashion we have put three high power specialists in charge of different aspect of the engagement. Very fortunate to find these resources in the current tight market for technology talent but once again prayers came in handy.

Did I ever mention the power faith has in your life once you turn entreprenurial.

Pss. News release with more details to be posted on the alchemya website in a few days.