- 30 June 2003 08:19
IDC RECOGNIZES MERANT AS REVENUE LEADER IN S/W CONFIG MANAGEMENT MARKET
Leading Research Firm Recognizes Merant® As One of the Revenue Leaders in Software Configuration Management (SCM) Market
Latest Study Highlights Positive Outlook for SCM Market; Describes Merant as Well Positioned for Future Growth
HILLSBORO, Ore. — June 30, 2003 — Merant (NASDAQ: MRNT; LSE: MRN), a leading provider of software and services that deliver flexible control of code, content and other business-critical assets, today announced that it holds the number two position in the SCM market according to the most recent worldwide market share data from IDC, a premier global market intelligence and advisory firm.
The results, which are included in IDC’s June 2003 study World Software Configuration Management Tools Competitive Analysis, 2003: 2002 Shares and Current Outlook, place Merant among the revenue share leaders.
The IDC study examines the SCM market for the 2001-2002 period, noting key vendor revenue trends. IDC predicts that the SCM market will return to positive growth in 2003 and then grow steadily thereafter. The report discusses Merant’s core strengths in the SCM market, highlighting the renewed focus by the new management team on its SCM business and the company’s future prospects.
“The new senior management team at Merant appears to be making progress in defining and implementing the company’s strategy for the future,” said the report’s author, Dick Heiman, research director, application development and deployment, at IDC. “If it can execute this expeditiously, Merant is well positioned for future growth. Initial results look encouraging.”
“A crucial component of our new corporate strategy is indeed an emphasis on our established SCM customer base,” said Stephen King, general manager and senior vice president at Merant. “However, it’s also vital that we expand upon our SCM foundation to broaden our addressable market. Our recent move into the mainframe arena with Dimensions Enterprise Edition exemplifies this approach, as will additional new products and services in the coming months.”
The complete study, Worldwide Software Configuration Management Tools Competitive Analysis, 2003: 2002 Shares and Current Outlook, (IDC #29613, June 2003), is available from IDC at www.IDC.com.
About Merant Merant delivers the industry’s most flexible and comprehensive enterprise change management solutions. Already in use at more than 16,000 organizations across the globe, including more than 90 of the Fortune 100, Merant’s products and services dramatically enhance the productivity, quality and ROI of customers’ technology initiatives by allowing them to quickly and cost-effectively track, manage and control modifications in business-critical information assets. For more information, please visit www.merant.com.
For further information please contact:
David Balazsy Merant 03 9522 4404 Shuna Boyd BoydPR 02 9418 8100
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