The report details how Vero has more than double the number of installed software licenses than any other software vendor, which represents more than 22% of market share.
Stan Przybylinski, CIMdata’s VP of research said: “Vero’s broad CAM portfolio helps the company maintain their market position. The range of solutions, while challenging to maintain and enhance, gives them stability when some industries may face challenges, and a large addressable market overall.”
In addition, CIMdata estimated that Vero was again able to increase its market share in terms of direct revenue now representing a market share in excess of 10%, with further growth predicted for 2016.
Vero www.verosoftware.com