IDUrevenue & acquisition
Budgeting and Forecasting SoftwareSouth AfricaFounded 1998
IDU was acquired by AVEVA.
IDU was created by accountants and financial systems specialists to deliver smart software solutions for budgeting and financial reporting across all standard ERP and financial systems.
IDU revenue
IDU's annual revenue was $4.7M in April 2021, its last figure before AVEVA bought it (source not recorded).
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $4.7M | – |
– source not recorded
Who owns IDU
AVEVA owns IDU. The date and price of the deal are not on record.
IDU CEO, founders & employees
Kevin Phillips founded IDU in 1998 and led it as CEO. IDU had 56 employees (April 2021).
- Kevin PhillipsFounder & CEO
IDU FAQ
What was IDU's revenue?
Before AVEVA bought it, IDU's annual revenue was $4.7M in April 2021 (source not recorded).
Who owns IDU?
AVEVA owns IDU.
How many employees does IDU have?
IDU had 56 employees in April 2021.
Who founded IDU?
Kevin Phillips founded IDU in 1998.
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How this page is sourced
Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.
Updated Oct 30, 2026Data disclaimerReport a correctionClaim this profileRun IDU? Join the podcast