CDC Software Named One of Top 50 Fastest-Growing Software Companies
CDC Software Press Release
CDC Software, a wholly owned subsidiary of CDC Corporation and a provider of enterprise software applications, announced today that it was named “One of the 50 Fastest-Growing Software Companies 2006” by Baseline Magazine for its enterprise software solutions including Ross ERP (enterprise resource planning) and SCM (supply chain management), Pivotal CRM (customer relationship management), c360 CRM add-on products, industry solutions and development tools for the Microsoft Dynamics CRM platform, MVI real-time performance management, IMI warehouse management and order management, Platinum China HR (human resource) and business analytics solutions.
According to Baseline, only public software companies that generated more than $10 million in revenue in the calendar years 2004 and 2005 were considered. Companies were required to derive the majority of their revenue from software-related businesses, which excludes IT consulting and services firms and companies that are primarily content providers.
“We are very proud to be listed as one of the Top-50 fastest-growing software companies,” said Eric Musser, president of CDC Software. “This is especially satisfying because our growth during 2005 was driven by our consistent ability to deliver measurable value to our customers. Since 2005, we have experienced accelerated growth, both through organic expansion within our targeted vertical industries, and through strategic acquisitions. Looking ahead, as we continue to establish our solutions as the defacto standards for the industries we serve, CDC Software is well positioned for this growth trend.”
This recognition comes after a spate of awards and recognition for CDC Software this year. The Company was recently recognized in: “SecuritiesTech 50” by Securities Industry News for its Pivotal Customer Relationship Management (CRM) software. Pivotal was the only CRM system included in the Top 50 listing of solutions for the securities industry. Additionally, CDC Software was recognized in the “Global 100,” and ranked #18 among the top global enterprise software companies by Manufacturing Business Technology; listed as one of the ”Companies to Watch,” by Supply & Demand Chain Executive; ranked as one of the “Top 15” CRM software packages by ISM Inc., a premier CRM consulting firm; selected as both the number one sales, marketing and customer service automation product and overall IT product of the year by the Innovative Housing Technology Awards (IHTA Awards); “Best Process Manufacturing Solution” at the Annual Conference of 100 Leading Software and Enterprises, sponsored by ERPWorld.Net and the Chinese Institute of Electronics (CIE); “Top Ten Business Management Solutions Providers in China,” by ERPWorld.Net and the Chinese Institute of Electronics; and was named as one of the world’s largest software companies, jumping 13 rankings from last year, in Software Magazine’s annual Software 500.
Several customers of CDC Software have also been recognized recently for their achievements enabled by the enterprise systems and consulting services provided by CDC Software. These customers include:
* Wise Foods was selected by Consumer Goods Technology as one of the top 25 “SMB (Small and Medium-Size Business) Fast Track” companies for 2006. Award recognized Wise’s use of the Ross OnePlan production scheduling solution to reduce inventory, increase customers’ service levels and respond effectively to varying demand.
* KK Fine Foods was highly commended in the Manufacturing and Business Management category at the 2006 Best of British Manufacturing IT Awards. The awards recognize the very best IT strategies and implementations in British manufacturing industry. KK Fine Foods experienced a 54% increase in profits and 15% drop in product waste since the 2003 implementation of Ross ERP.
* Berner Foods was awarded Private Label Buyer’s 2006 Category Colonel Award for using the Ross ERP Application from CDC Software to Achieve Success in Private-Label Manufacturing.
* Two customers of CDC Software’s MVI real-time performance management (RPM) applications, including Amtico International, were recently recognized for significant achievements at the prestigious 2006 Best of British Manufacturing IT Awards.
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