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CDC Software Ranks #12 as One of the Top Enterprise Software Companies on Manufacturing Business Tec PDF Print E-mail
Posted by Don Panek - CRMDirectory Editor   
CDC Software Ranks #12 as One of the Top Enterprise Software Companies on Manufacturing Business Technologys 2007 Global 100 List

CDC Software moves up based on organic growth, targeted vertical acquisitions and high customer satisfaction

HONG KONG & ATLANTA--CDC Software, a wholly owned subsidiary of CDC Corporation (NASDAQ: CHINA) and a provider of industry-specific enterprise software applications and business services, today announced that it ranked in the number 12 position on Manufacturing Business Technologys 2007 Global 100 List of Enterprise and Supply Chain Management Application vendors, a ranking determined by total company revenues for 2006. This represents a move up six positions from the companys 2006 ranking of 18th on the list. The 2007 results were published in the July 2007 issue of Manufacturing Business Technology magazine and online http://www.mbtmag.com/global100/default.asp.

During 2006, CDC Software grew organically through increased software sales to new customers, expanded implementations with current customers and broadened services offerings. Much of this growth is attributed to new customers who accounted for approximately 53 percent of total software license revenue. This ratio is among the highest in the enterprise software industry and indicates continued healthy expansion of the business and strong demand for industry-specific applications. Additionally, maintenance retention rates exceeded 90 percent, indicating a high degree of customer satisfaction. Customer satisfaction was also reflected by repeat business in the form of expanding deployments of successful software implementations worldwide. Organic growth of CDC Software has been accelerated by the companys acquire-focus-grow strategy and acquisitions that expand the depth of vertical industry solutions. The organic license revenue growth was 33 percent in the fourth quarter of 2006 and 11 percent for the full year.

We are extremely pleased to be moving up the list of top global enterprise vendors, said Eric Musser, CEO of CDC Software. This broad industry metric, combined with the consistent demand from new customers is a very clear validation of the success of our strategy as focused vertical specialists. Our formula for success is working and we will maintain this successful growth strategy and continue to focus on providing software applications and services that address the key requirements of our targeted vertical industries.

About CDC Software

CDC Software, The Customer-Driven Company, is a provider of enterprise software applications designed to help organizations deliver a superior customer experience while increasing efficiencies and profitability. CDC Softwares product suite includes: CDC Factory (manufacturing operations management), Ross ERP (enterprise resource planning) and SCM (supply chain management), IMI warehouse management and order management, Pivotal CRM and Saratoga CRM (customer relationship management), Respond (customer complaint and feedback management), c360 CRM add-on products, industry solutions and development tools for the Microsoft Dynamics CRM platform, Platinum HRM (human resources) and business analytics solutions.

These industry-specific solutions are used by more than 6,000 customers worldwide within the manufacturing, financial services, health care, home building, real estate, and wholesale and retail distribution industries. The company completes its offerings with a full continuum of services that span the life cycle of technology and software applications, including implementation, project consulting, outsourced business services, application management and offshore development. CDC Software is the enterprise software unit of CDC Corporation (NASDAQ: CHINA) and is ranked number 12 on the Manufacturing Business Technology 2007 Global 100 List of Enterprise and Supply Chain Management Application vendors. For more information, please visit www.cdcsoftware.com.

About CDC Corporation

The CDC family of companies includes CDC Software focused on enterprise software applications and services, CDC Mobile focused on mobile applications, CDC Games focused on online games, and China.com focused on portals for the greater China markets. For more information about CDC Corporation (NASDAQ: CHINA), please visit www.cdccorporation.net.

 
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