"Altium is realistically close to being able to get to a position where it will be for PCB design what Adobe Photoshop is for picture editing." we don't have to try and take a wicket with every ball, we just need to maintain our double-digit growth and keep expanding our margin profitability," he tells The Australian Financial Review.
Given each electronic device, whether it is a computer, smartphone or television, has a board designed specifically for its own use, Altium's tools for engineers, which aid in layout of circuit designs, are in demand.Īltium chief executive Aram Mirkazemi has led the company through a strong growth period. In that time the company has also grown from $55.1 million in revenue to $93.6 million in the 2016 financial year and by 2020 Mirkazemi wants the business to be the world leader in PCB design software. Internet of things refers to the connection of everyday objects, from your fridge to your car, to a network. Mirkazemi is the chief executive of printed circuit board (PCB) design software company Altium, a stock which has skyrocketed almost 6000 per cent in the last five years from only 13¢ to more more than $7.75, on the back of the internet of things boom. Aram Mirkazemi leads a $1 billion ASX-listed company, has captured the interest of Google co-founder Sergey Brin and is responsible for one of the most successful company transformations in Australia's recent history, but you've probably never heard of him.
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