Vendor Genesis
Geac Computer Corporation Limited manufactures, services, and rents systems, hardware, and enterprise applications to large and small organizations worldwide. Geac is the largest Canadian and one of the largest and most successful international software companies. Its solutions are specifically designed for the critical needs of users in the banking industry, hospitality markets (restaurants and hotels), newspaper publishing, public safety, property management & real estate, and libraries.
Geac is also a best-of-breed provider of mainframe and client/server cross industry solutions for financial administration and human resources (HR) functions, and enterprise resource planning (ERP) applications for manufacturing, distribution, and supply chain management. Founded in 1971, with headquarters in Markham, Canada, Geac has been experiencing a steady growth over the last decade. It has been a publicly traded company on the Toronto Stock Exchange since 1983, with revenues of Can$793.2 million in fiscal 1999.
Geac has grown from a small company focused on libraries and banking/financing in the early 1990s, to an applications software giant with more than 5,200 employees with 90 offices in 18 countries. Through its growth-by-acquisition strategy, the company has increasingly expanded its range of solutions targeting vertical industries. Over the last five years, Geac has acquired in excess of 40 companies around the world.
As a result of its acquisition of Dun & Bradstreet Software in 1996, Geac formed its SmartEnterprise Solutions division, which provides mid- to large-sized enterprises with advanced best-of-breed financial, procurement, human resources and business intelligence solutions. Its multiple platform client/server 'SmartStream', mainframe 'E' Series and 'M' Series, and SQL product suites enable organizations to streamline business processes and enhance information access throughout their enterprises.
Geac's purchase of UK-based ERP software maker JBA International in 1999 has nearly doubled the company's size. With the addition of JBA, Geac is expected to surpass US$1 billion in revenue and occupy the 4th largest ERP vendor position.
Geac serves its worldwide base of more than 30,000 customers in more than 40 countries through direct sales, support, and affiliate locations worldwide. The company operates throughout the world, and as such segments its revenues geographically. In 1999, 68% of total revenues came from the USA and Latin America, 18% from Europe, 7% from Canada, and 7% from Australasia. The large majority of Geac's revenues are derived from maintenance and professional services (76%), with the rest coming from the actual sale and licensing of software and hardware products.
We expect acquisitions to continue to form an integral part of Geac's overall growth strategy, and the company to continue to be a leading global consolidator of mission critical applications in distinct niches within industrial, commercial and government sectors.
http://www.technologyevaluation.com/research/articles/epicor-software-corp-completing-painstaking-e-volution-part-1-about-epicor-16345/
source
Geac Computer Corporation Limited manufactures, services, and rents systems, hardware, and enterprise applications to large and small organizations worldwide. Geac is the largest Canadian and one of the largest and most successful international software companies. Its solutions are specifically designed for the critical needs of users in the banking industry, hospitality markets (restaurants and hotels), newspaper publishing, public safety, property management & real estate, and libraries.
Geac is also a best-of-breed provider of mainframe and client/server cross industry solutions for financial administration and human resources (HR) functions, and enterprise resource planning (ERP) applications for manufacturing, distribution, and supply chain management. Founded in 1971, with headquarters in Markham, Canada, Geac has been experiencing a steady growth over the last decade. It has been a publicly traded company on the Toronto Stock Exchange since 1983, with revenues of Can$793.2 million in fiscal 1999.
Geac has grown from a small company focused on libraries and banking/financing in the early 1990s, to an applications software giant with more than 5,200 employees with 90 offices in 18 countries. Through its growth-by-acquisition strategy, the company has increasingly expanded its range of solutions targeting vertical industries. Over the last five years, Geac has acquired in excess of 40 companies around the world.
As a result of its acquisition of Dun & Bradstreet Software in 1996, Geac formed its SmartEnterprise Solutions division, which provides mid- to large-sized enterprises with advanced best-of-breed financial, procurement, human resources and business intelligence solutions. Its multiple platform client/server 'SmartStream', mainframe 'E' Series and 'M' Series, and SQL product suites enable organizations to streamline business processes and enhance information access throughout their enterprises.
Geac's purchase of UK-based ERP software maker JBA International in 1999 has nearly doubled the company's size. With the addition of JBA, Geac is expected to surpass US$1 billion in revenue and occupy the 4th largest ERP vendor position.
Geac serves its worldwide base of more than 30,000 customers in more than 40 countries through direct sales, support, and affiliate locations worldwide. The company operates throughout the world, and as such segments its revenues geographically. In 1999, 68% of total revenues came from the USA and Latin America, 18% from Europe, 7% from Canada, and 7% from Australasia. The large majority of Geac's revenues are derived from maintenance and professional services (76%), with the rest coming from the actual sale and licensing of software and hardware products.
We expect acquisitions to continue to form an integral part of Geac's overall growth strategy, and the company to continue to be a leading global consolidator of mission critical applications in distinct niches within industrial, commercial and government sectors.
http://www.technologyevaluation.com/research/articles/epicor-software-corp-completing-painstaking-e-volution-part-1-about-epicor-16345/
source
0 comments:
Post a Comment