Reaching the Peak as a leading software development company in Bangkok
Founded in 2014, Seven Peaks Software recently celebrated its fifth anniversary as a fast-growing software development company in Bangkok.
However, the company’s success seems improbable when Mr Jostein Aksnes, Seven Peaks CEO, reflects on coming to Thailand.
Mr Moe would become Seven Peaks’ Chief Technology Officer joining with Mr Aksnes and Mr Leiv Fasmer who managed the Norwegian entity Apphuset.
The trio started Seven Peaks Software with the goal of serving Norwegian enterprise clients with high-quality, cost-efficient outsourced software development from their office in Bangkok.
“When I was first sent to Thailand as an expat in 2010, I wasn’t keen on coming out here. When the company I was working for wanted me to move back three and a half years later, I didn’t want to leave,” Mr Aksnes recalls. “It was around that time my former university classmate from Bergen, Mr Roy Ivar More, came to Bangkok. We ended up starting Seven Peaks as a production company.”
“Seven Peaks Software takes pride in offering high quality services and is always working hard to improve their processes to ensure the quality and efficiency of their services. But this is something potential clients don’t always see. You start off with this type of trust in Norway, but in Thailand you start with no trust and have to build it up. Ultimately, the quality of Seven Peaks has been recognized by firms in Thailand and this has played a key role in the company’s growth.” Mr Aksnes notes.
From Bergen to Bangkok
“One key difference between Thailand and Norway or other western countries is where they are at from a technological standpoint.
A lot of firms in Thailand are now going through digital transformations, where cloud providers are an important piece of the solution.
Physical, on-premises applications versus cloud applications is still a real debate for businesses in Asia, while in the west more companies are more used to and comfortable with building cloud solutions. This is an area we can really help local businesses in Asia with,” Mr Aksnes states.
“We aim to solve real business problems that can improve a company’s processes and efficiency. In order to do this, we usually start with a discovery process,” Mr Aksnes explains. “This initial consultation lets us better understand the issues a business is facing and quickly identify pain points. We then collaborate with them on how best to build a customized software solution.”
The expansion of Seven Peaks Software
To now a leading software development company in Bangkok
The organic growth of Seven Peaks meant the firm needed a team capable of handling the extra work. Proper strategies, additional exposure and the scaling up of a local, Thai team with skilled designers and project managers were just a few items the firm had to address.
With a solid infrastructure in place, Seven Peaks has been able to take on even bigger, more complex projects. For example, the firm recently completed a project for a major oil and gas company that wasn’t feasible in the past.
Mr Aksnes adds the company finished a successful project for Telenor as well where a product was delivered and deployed in 13 countries.
But Norway remains an important part of the company’s business and the same owners of Seven Peaks are running one of the leading software development agencies in Scandinavia, Apphuset.
He continues, “The local team in Bergen provides a personal touch for the company’s outsourced services in Norway which allows us to provide clients there with a model we have found to work very well.”
The ascent to the top is a long journey and Mr Aksnes understands Seven Peaks is still scaling up. It is all part of the company’s desire to take Seven Peaks to the next level.
With a solid infrastructure in place, Seven Peaks has been able to take on even bigger, more complex projects. Mr Aksnes adds the company finished a successful project for Telenor as well where a product was delivered and deployed in 13 countries.
“The expansion of Seven Peaks in Thailand came mostly from repeat business and referrals along with inbound requests. Working with big management consulting companies allowed us to work with large, publicly traded clients in Singapore and Malaysia in addition to Thailand,” Mr Aksnes says.”
The importance of this approach as a software development company
“Most software projects in Southeast Asia are run in an old fashion way based on waterfall methodology. We find ourselves needing to convince here of the benefits of running software projects in a lean and agile way with rapid deployment and shorter iterations,” Mr Aksnes explains. “A lot of clients in Thailand and Asia want agile development, but their organisations are usually not ready for it. This creates a lack of understanding about agile between the executive management and working teams.”
“In our first three years, we worked exclusively with Norwegian clients. However, we have scaled that up. We now speak more than 15 languages and have employees from around the world which allows us to serve a very diverse clientele,” Mr Aksnes points out.”
From the snow-covered mountains of Bergen to the skyscrapers of Bangkok, the two locations could not be more different. And while Seven Peaks has found success with its services in both markets, the differences have meant the company had to adapt.
“We provide the best of both local development as well as outsource development for our Scandinavian clients. This means having local UX designers, project managers, software architects and key account managers that work closely with the clients locally while carrying out production work at Seven Peaks in Bangkok,” Mr Aksnes reports.”
“Building our team was a very important part of this. But it was not easy. Finding and retaining talent is a challenge. You can’t just hire people. You have to build a culture where people want to come to work every day,” Mr Aksnes details. “It was necessary to create a foundation that could help us scale up. It was only then that we could grow the business.”
“We look at ourselves as a long-term partner instead of a vendor, which allows us to build a close relationship with our clients. We can help and consult actively during the engagement. Our goal is to deliver the best possible solution where everyone is happy with the result. This is something we are passionate about, Mr Aksnes explains.”
Reaching the Peak, in Norway-Asia Business Review for Thai-Norwegian Chamber of Commerce.
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