NetNumina specialized in e-Business particularly in the financial services sector. A. The company focused on services and build e-business systems for blue-chip customers : Citigroup, Wellington Management. B. In 2000, NetNumina received $10 million in VC and the company expanded head count and leased expensive office space in Cambridge. C. The company had expertise in developing middleware and enterprise architecture; products like Web Logic, Sun Microsystem, BEA systems, Microsoft, and IBM. D. NetNumina built a web-based currency trading system e. Client list include Merrill Lynch, Prudential, Morgan Stanley Dean Witter, Liberty Mutual, Credit Suisse First Boston, Citigroup, Pfizer, Biogen, and Philips Medical. E. Big drains were rent and employee wages f. By 2002, NetNumina had complete 175 projects. F. 70% of revenues came from service revenues. G. Talented software services company should always remain profitable if it manages head count and expenses carefully.[Learn More ...]