DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/reports/c92061) has announced the
addition of "Comopany Study of UFIDA Software" to their offering.
China's management software market is stepping into maturity
gradually. It is forecast that China's management software market is
expected to maintain a compound annual growth rate of 19% for the next
five years. SOA framework will become the mainstream and SaaS mode
will continue its fast development. The integration of management
software, business intelligence (BI), e-Business and mobile commerce
will be consolidated continuously.
The management software of UFIDA Software Co., Ltd. or UFIDA
Software, ranks the top not only in the management software market,
but also in ERP software market and financial software market. Its
market share has risen gradually in the past few years.
In 2007, the operating revenue of UFIDA totalled CNY1.36 billion,
up 21.5% year on year. The net profit of the parent company reached
CNY360 million, 2.1 times the figure in the previous year. The more
than doubling rise in net profit was largely attributed to the
contribution of earnings variability of fair value, the investment
returns and the non-recurring profit and loss. Even though this part
is weeded out, the net profit of the company still increased by 65.8%
in 2007.
UFIDA will roll out a series of new products, including U9, in
2008. Based on SOA framework, U9 can support multi-factory discrete
manufacturing and decision making of an inter-operational system,
which is expected to help the company enlarge the market share of its
medium-end products.
In Jan. 2008, UFIDA purchased part of the assets Shanghai Tiannuo
Co., Ltd. and Shanghai Tanwang Co., Ltd. for CNY14.5 million, both of
which are software companies specialized in real estate industry. This
acquisition enables UFIDA Software to provide the full business
solutions and products for the real estate industry in Shanghai,
China's financial hub. UFIDA plans to set up a real estate software
R&D center in the city. It has already accumulated substantial cash
for the continuous mergers and acquisitions of software companies in
the future.
UFIDA launched mobile commerce business officially in 2007
(including enterprise mobile management platform and mobile e-Business
platform), which develops well and is expected to make profits
starting from 2009.
Topics Covered:
1. Company Profile
2. Development Trend of Management Software Market
2.1 Entering maturity gradually
2.2 "The strong becomes stronger"
2.3 Gaining popularity of SOA framework
2.4 SaaS to be a hotspot product
2.5 BI to be an important part of ERP
2.6 Competition in developing e-Business
2.7 Increasing competition among medium and small-sized companies
3. A Market Leader and U9 Expected to Underpin Its Medium-end
Market
4. Adjustment of Operation Strategy
5. M&A of Software Companies with Huge Sum of Money
6. A Good Development of Mobile Commerce
7. Profit Forecast
For more information, visit
http://www.researchandmarkets.com/reports/c92061
Laura Wood
Senior Manager
Research and Markets
press@researchandmarkets.com
Fax: +353 1 4100 980
Copyright Business Wire 2008
