Spacewell was founded in 2003 to develop technology and web-based software to enable persons and organizations to work together via Internet in a cost effective and efficient way. The technology is designed for organizations that need better tools than just email and spreadsheets, but find traditional enterprise information systems too complex and expensive. Axxerion focuses on large organizations that need to exchange data and processes with departments, subsidiaries, customers and suppliers and also on smaller organizations that need an integrated solution for data and process management. Axxerion has been self-funded and profitable since the beginning.
An important aspect of the product strategy is the model of continuous innovation and short release cycles. Customers and partners can submit requests for new functionality online and updates become available each month. This method enables new concepts to be implemented, tested and improved quickly. Customers have the option to disable automatic propagation of enhancements in their environment. Another important aspect of the business strategy is the pay-per-use price model (ASP or SaaS model). This enables smaller organizations, with relatively small amounts of data and users, to implement a professional information system.
Axxerion software is currently used by hundreds of clients in different markets and in various areas of property and workspace management, project management, lease management, contract management and their related areas. Axxerion has over 250,000 active users at this time.