Ever used a CMMS system or a project Completions tool?
If you don't have something at the centre of all relationships, you can't easily create further modules that instantly relate back to that item at the centre.
Printable View
Computerised Maintenance Management System - Maximo for instance.
It looks like a US listing is likely. "As our business continues to develop, a logical step for Xero would see us list on a US exchange. While this will be dependent on internal and external conditions at the time, this would be a significant milestone in becoming a truly global company. We should all be proud that Xero, as a New Zealand company, is playing on the international stage at this level." From the Chairman's Presentation https://www.nzx.com/files/attachments/197239.pdf
They now have 334,000 customers.
And forecasting 80% growth for FY15, which should align them up for a half-mill customers by March 31, 2015.
Will reach "US$100m in annualised committed monthly revenue" this year. That's NZ$1.38B revenue in 12 months. Current $3.08B Mcap. How far along the curve would you call that??