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11. HORIZON Consulting

              After  leaving  the  IBS  group  on  May  8,  1995,  Synon-2
              continued to operate, but our strategic focus shifted more
              and  more  towards  services,  and  in  particular  the
              development of "customized" applications in the Microsoft
              environment.
                 In this context, we were put in touch with a group of some
              thirty companies managing social housing in the Brussels-
              Capital Region.
              This group was determined to develop its own accounting
              management  solution.  This  choice  was  in  itself  very
              surprising, since companies generally use classic solutions
              for their accounting and require "customized" developments
              for applications linked to their "businesses".
                 When I asked why, the answer was very simple. They had
              invested  in  an  accounting  solution  from  the  German
              company Mannesmann, which discontinued support. They
              had then invested in a solution from the American company
              Digital Equipment, which also stopped support. Following
              these two setbacks in the space of 5 years, they decided to
              develop their own accounting system.
                 At  the  first  meeting,  the  chairman  explained  their
              requirements,  pointing  out  that  they  had  a  budget  of  20
              MFB  104  (500.000 €). I, in turn, explained that we always start

              with a pre-study, and that at the end of this, I would be able
              to give him all the details of the project. At the end of the
              pre-study, we had all the information we needed to issue an

              104 Millions of Belgian francs.
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