Our Story
Twenty5 is an innovative software company that helps project-centric businesses running on SAP to cost and price project based proposals and capital improvements. We serve industries such as Aerospace & Defense, Professional Services, Consulting, Audit & Tax, IT and BPO, Engineering & Construction Services, and Industrial Machinery & Equipment.
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Our founders each have 25+ years of experience in the enterprise software world, especially using SAP and modern web technologies to improve program management, bids & proposals and project delivery. Given advancements such as in-memory databases, predictive analytics, and artificial intelligence within SAP HANA®, Twenty5 believes there are unique opportunities to make business processes like pricing and cost estimating more agile and data-rich.
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The name Twenty5 comes from eagle-eye vision, since 20/5 vision is four times better than 20/20 vision, allowing us (and our eagle-25 logo) to give you better business insights. At the same time we believe we are one of the only software companies dedicated to Project-CPQ - configure, price and quotation tools for project-centric industries spanning labor, material and services/repair estimating built using SAP BTP.
In our experience, real innovation happens when working directly with customers and partners in co-innovation. We have a culture of delivering at speed and quality, typically at a fraction of the cost of the large enterprise software and consulting companies.
How did Twenty5 start?
Richard and Magnus spent 20-30 years as leaders inside SAP and among SAP’s partner community, developing software solutions mostly for Aerospace & Defense (A&D), and we saw a gap in SAP’s portfolio, a lack of support for complex proposals especially for Government contracts. Cubic Corporation agreed to be our launch customer and the rest is history. Since 2017, we have flagship accounts in the largest A&D firms world-wide, Capital Projects at one of the top-3 consumer products companies world-wide, Consulting/Audit & Tax at Big-Four Accounting firms, Business Process Outsourcing at a major healthcare services provider and Complex Manufacturing/Machinery & Equipment at several companies providing transportation infrastructure, sensors, air filters and more.
We believe there is a better way to cost and price out project-based proposals than using Excel. Our goal is combine data science of SAP’s rich performance history, intuitive and responsive user interfaces, and estimating art, to break down the barriers between sales and delivery and come up with more accurate and profitable project-based proposals, faster and with more confidence.
Twenty5 over the years
2024
April 23, 2024 - Twenty5 attends the SAP Industry Value Network Event for the Professional Services industry in New York City.
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April 19, 2024 - New Twenty5 website re-launched and shared.
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April 2024 - Twenty5 recognized as one of the top A&D software service providers in an article by the Aerospace & Defense Review magazine
March 2024 - Twenty5 sponsors SAP's A&D innovation day, in Savannah GA. Twenty5 is the first and only software partner invited to present to the SAP A&D advisory council, an invitation only group of IT leaders in A&D in the US who advise SAP on their product roadmap for A&D.
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January 9, 2024 - Twenty5 certified for integration with SAP Integration Suite on SAP Business Technology Platform.
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January 2024 - Twenty5 hires its 30th employee, a real growth milestone.
2023
December 2023 - Twenty5 announces Salesforce CRM integration, with a Salesforce native extension to add project-related properties to the opportunity in Salesforce and a button to convert CRM opportunities to proposals in Twenty5.
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November 2023 - Twenty5 is invited to present at SAP’s Industry Advisory Council for Professional Services in New York together with our client Gainwell. We also hosted a nice dinner for the full group afterwards.
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November 2023 - Twenty5 expands its team by hiring a head of support, Ananth TE and additional support team members. "Our LinkedIn campaign was so successful we got three hires from advertising one position" commented Richard Minney, Twenty5's head of product development and COO.
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August 2023 - Twenty5 announces a partnership with RealLogicWorks, a provider of CPQ expertise globally. "Twenty5 and RLW are working successfully together at one of our major clients on a very rapid implementation of iPE software, and we hope to expand this to many clients" said Martin Disterheft, Chief Delivery Officer for RealLogicWorks.
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July 2023 - Twenty5 is selected by one of the top-three A&D companies in the world for material cost estimating and manufacturing labor cost estimating. After an 18-month evaluation, Twenty5 was selected on account if its rich functionality and strong fit vs. their material cost estimating requirements, the expertise of Twenty5's founders in the domain, in A&D and in SAP in general, and Twenty5's ability to make enhancements to the core product offering to meeting industry standard requirements. It also helped that Twenty5's founder had designed and developed one of their custom legacy applications which Twenty5 is replacing, back in the early 2000's.
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June 2023 - Twenty5 delivers a professional servies training academy in iPE to Tata Consulting Services (TCS) who are supporting a joint client of both Twenty5 and TCS, one of the big four accounting firms.
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April 2023 - Twenty5 expands its team with the hiring of a head of sales & partnerships, Nate Joseph, and of implementations & delivery, Ramnath Putta. Both Nate and Ram bring many years of SAP experience in sales and consulting respectively.
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March 2023 - Twenty5 sponsors SAP's A&D innovation day, in San Diego CA. "SAP's A&D innovation days represent the best chance for Twenty5 to build its brand before the largest Aerospace & Defense companies running on SAP, as well as further cementing our strong SAP partnership" commented Magnus Bjorendahl, Twenty5's head of client success and CEO.
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March 2023 - Gainwell Technologies goes live with Twenty5 iPE software, after an implementation of just over eight months including parallel running in iPE and PACE for three months. Twenty5 and RealogicWorks teamed up on the implemenation.
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January 2023 Twenty5 wins S/4 public cloud certification of our iPE to S/4 public cloud integration.
2022
December 2022 - Twenty5 partners informally with PWC on several joint opportunities, particularly in Aerospace & Defense.
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November 2022 - Delaware Consulting incorporates Twenty5's iPE proposal pricing and estimating tools into their Fast A&D preconfigured solution, an S/4 implementation template for Aerospace and Defense companies.
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October 2022 - The EDGE Group, a consortium of UAE defense companies, selects Twenty5 iPE for bid and proposal pricing for defense contracts.
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September 2022 - Twenty5 is selected as one of just 17 spotlight software partners by SAP, on account of our rapid partner revenue growth, avoiding product overlap and being built on SAP's platform as a service, SAP BTP.
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July 2022 - Twenty5 delivers a training academy to L3Harris on iPE as part of Delaware's Fast A&D SAP preconfigured solution for A&D.
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May 2022 - Twenty5 is selected by Gainwell Technologies, a spin-off from DXC focused on healthcare consulting, software and business process outsourcing. Twenty5 is replacing a 20-year old legacy DXC system called PACE.
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March 2022 - Twenty5 sponsors SAP's A&D innovation day, in Charleston, SC.
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February 2022 - Twenty5 is selected by SAP as one of three software partners for their industry cloud solutions for Aerospace & Defense, alongside Cognitus and Icertis.
2021
December 2021 - Twenty5 is selected by one of the big four Accounting/Consulting firms to evaluate for the purpose of proposal pricing and cost estimating. "Twenty5 has been so flexible and responsive it feels like we have our own development team producing a tailor-made off-the-shelf tool" said a project lead for the Accounting/Consulting firm.
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October 2021 - American Air Filter selects Twenty5 for engineer-to-order proposal generation and internal capital project approvals.
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August 2021 - Twenty5 is invited to join SAP's incubator SAP.iO Foundry program in New York.
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July 2021 - Twenty5 and SAP co-host a webinar for professional services firms, run by Aberdeen, as a interview panel between Bryan Ball (Aberdeen), Nate Joseph (SAP), Wynn Baum (Delaware) and Magnus Bjorendahl (Twenty5).
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March 2021 - Twenty5 is one of only three software partners selected by SAP for their industry cloud for professional services, alongside ProFinda (resource planning) and Replicon (timesheets). Jonathan Rhodes, SAP's global VP of professional services commented "The pricing and estimating solution developed by Twenty5 adds comprehensive and compelling capabilities to our portfolio, enabling our customers to submit bids faster and with more confidence and close the loop between bidding and executing projects".
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February 2021 - Twenty5 iPE is certified by SAP, and listed on the SAP app store.
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January 2021 - Twenty5 is selected by one of the largest consumer goods company in the world company to support capital project planning, cost estimating and risk management. Spending more than $1B per year in capital improvements, this company has a need to upgrade their capital project planning, mgt. and execution tools. Murthy Jayanthi, Lead Enterprise Architect, said "I really appreciate how Twenty5 are living up to the challenge by being creative, flexible, nimble and fast in working on mockups and implementing them into their solution".
2020
August 2020 - Delaware North America partners with Twenty5 to use iPE internally for proposals and project estimates, as well as partnering with Twenty5 in S/4 upgrade assessments, technology roadmaps and SAP A&D consulting. "Twenty5 brings unparalleled SAP A&D expertise to the table so I am proud to have an exclusive working relationship with Richard & Magnus. They are adding strategic value to Delaware's position as the leading SAP consulting firm in A&D in North America, working with us across a range of Fortune100 A&D companies" said Wynn Baum, managing director of Delaware North America.
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January 2020 - Cubic Go-live: Our launch customer, Cubic Corporation, went live with version 1.5 of Twenty5's intelligent pricing & estimating tool which Cubic calls 'PriceCube'. Covering both engineering and material estimating across defense and commercial proposals, iPE/PriceCube is now being rapidly rolled-out to more and more user communities within Cubic Corporation as they ramp up. Barry Long, the VP of Cost Estimating at Cubic Corporation commented "I will happily share our positive experience of working with Twenty5 with other companies".