vertical market software

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vertical market software

Software packages that are designed for a particular industry such as banking, insurance or manufacturing. Contrast with horizontal market software.
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References in periodicals archive ?
Release date- 13082019 - ECI Software Solutions, a leader in cloud-based business management solutions, today announced it has signed a definitive agreement to acquire Netherlands-based Trivest Beheer B.V., a provider of smart vertical software solutions to the SME manufacturing sector.
Solteq is a Nordic IT service provider and software house that specialises in digital business solutions and vertical software markets.
In his new role based in San Francisco, Panigrahi focuses on the TMT sector and concentrates his research on SaaS and vertical software companies.
Fitch estimates Quorum's 2019 total leverage to be approximately 6.5x, consistent with other vertical software companies in the 'B' rating category.
Process (30 percent of success): As the CRM industry matures, vertical software offerings have become the norm (e.g., CRM for the financial industry, the automotive industry, the real estate industry, etc.).
El Segundo, California-based Internet Brands, with around 1,600 staff, operates branded websites and vertical software solutions in the auto, health, legal and home / travel markets, with over 100m unique visitors monthly and serving more than 100,000 SMBs and advertisers.
The combination expands Otelco's existing carrier-grade service offerings to support critical VoIP, email, database and industry vertical software applications.
Additional information is available in the Gartner report "User Survey Analysis: Software as a Service, Enterprise Application and Vertical Software Markets, Worldwide, 2011." The report is available on Gartner's website at www.gartner.com
For solution providers, SuiteFlex allows them to embed what was a one-off service offering for a single customer into a vertical software solution that can be sold to thousands of companies in an industry.
These banks operate as a loosely coupled confederation of separate lines of business (LOBs) with separate IT departments and different vertical software applications supporting them.
Platform and vertical software company Quovadx Inc has restated figures for the last two quarters of its 2003 financial year, and has delayed filing its annual report with the SEC as a result of problems collecting software license revenue from Indian partner Infotech Network Group.