Business Services Industry
Leading Analyst Firm IDC Ranks Silvon No. 1 in Revenue for Packaged Data Marts
Business Wire, July 10, 2000
Business Editors
WESTMONT, Ill.--(BUSINESS WIRE)--July 10, 2000
A report recently published by IDC, a leading research and analyst firm serving the IT industry, ranked Silvon as the leading vendor in terms of 1999 software license and maintenance revenue for the packaged data mart market, consisting of software products that combine support for data warehouse generation and management, data access, and information analysis in a single solution. (1)
The report, entitled "Information Access Tools Market Forecast and Analysis, 2000-2004" (IDC no. 22306) ranked Silvon first in overall market share in the packaged data mart segment, which showed aggressive growth of almost 80% from 1998. Expected growth of the worldwide packaged data mart market was forecasted by IDC to reach $674.5 million by 2004.
Related Results
Silvon: Supply Chain Industry Expertise Backed By Years of Technology Experience
This validates Silvon Software's approach for delivering packaged data marts. "Silvon has been a pioneer in packaging software to meet the business intelligence requirements of corporations in product supply chain industries," said Henry Morris, one of the report's authors and IDC's Vice President of Research on knowledge management, data warehousing, and analytic applications software. "The company's new move from providing packaged data marts to analytic applications is a natural evolution, to meet the needs of those companies who prefer to buy, rather than build, analytic solutions for business performance management."
"Our deep-rooted experience in building supply-chain specific solutions, combined with more than 12 years of leading-edge technology experience, offers significant value to our customers in the manufacturing, wholesale distribution and retail industry sectors," said Michael J. Hennel, president and CEO of Silvon. "IDC's recognition of our approach is a very welcome, positive endorsement of our overall product direction and market leadership position."
For more information regarding the IDC report, contact IDC at (508) 935-4389, or visit www.idc.com.
About Silvon
Silvon Software is a global supply chain-focused business intelligence solutions provider headquartered in the western Chicago suburb of Westmont, Illinois. Since 1987, Silvon has focused on software-based business optimization solutions for Supply Chain manufacturing, wholesale distribution and retail organizations. Silvon clients benefit from improving business practices and profitability by leveraging analytic information on customer, supplier, and operational profitability measurement. The company's DataTracker applications, which run on Windows NT and the AS/400, are currently installed in more than 1,200 sites worldwide and supported by a network of OEMs, value-added resellers and independent distributors. For more information, call (800) 874-5866 or visit www.silvon.com.
About IDC
International Data Corporation (IDC) is the world's leading provider of information technology (IT) industry analysis, market data and insight, and strategic and tactical guidance to builders, providers and users of information technology. The company provides global research with local content through more than 500 analysts in 42 countries worldwide. IDC is a division of International Data Group, the world's leading IT media, research, and exposition company.
(1) IDC's definition of the packaged data mart market does not include product bundles comprised of individual data warehousing tools -- nor data marts packaged by enterprise application vendors as application extensions to support reporting.
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn’t Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions


