IDC RANKS SILVON NO. 1 IN REVENUE FOR PACKAGED DATA MARTSA 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. Silvon: Supply Chain Industry Expertise Backed By Years of Technology ExperienceThis 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 SilvonSilvon 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, valueadded resellers and independent distributors. For more information, call 800- 874-5866 or visit www.silvon.com. About IDCInternational 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, a world 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. Contact Silvon Software Inc, Pat Hennel, 630-655-3313, pat.hennel@silvon.com |