Market Share, Revenue Growth, and Fastest Growing Company report CIMData

Jun 25, 2014 -- The 2014 NC Software Market Analysis Report from leading US analysts CIMdata confirms Vero’s position as the world’s number 1 CAM focussed software business. The report details how Vero has more than double the number of installed software licenses than any other software vendor which represents more than 20% of market share.

Fig 1 : Market Share of NC Providers Based on Industrial Seats Installed (source - CIMData)

In addition, CIMdata found that Vero was again able to increase its market share in terms of direct revenue. The company’s share of vendor direct revenues grew to more than $110 million, representing a market share in excess of 10%, with further growth predicted for 2014.

Fig 2 : Market Share of the Largest NC Providers by Direct Reveue (source - CIMData)

Finally, with a growth rate of 49.3%, the CIMdata report also confirmed that Vero Software is the fastest growing company out of all top 25 ranking companies named in the NC Market report.

Fig 3 : Companies with Largest Percentage Revenue Growth, 2012 to 2013 (source - CIMData)

About Vero Software

Headquartered in England, Vero Software designs, develops, and supplies CAD/CAM/CAE software radically enhancing the efficiency of design and manufacturing processes, providing its customers with exceptional value through high productivity gains and significantly reducing time to market. The company’s world-renowned brands include Alphacam, Cabinet Vision, Edgecam, Machining STRATEGIST, PEPS, Radan, SMIRT, SURFCAM, WorkNC and VISI.

Vero sells and supports its range of products through its direct offices in the UK, Italy, France, Germany, Netherlands, USA, Brazil, India, Japan, South Korea and China, and through a comprehensive global reseller network across more than 45 countries.

For more information, please visit www.verosoftware.com.