EDAC reports continued growth in 2006 Q3.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. -- The EDA (1) (Electronic Design Automation) Using the computer to design, lay out, verify and simulate the performance of electronic circuits on a chip or printed circuit board. Consortium's Market Statistics Service (MSS) reported that EDA industry revenue for Q3 2006 grew to $1.3 million compared to $1.1 million in the same quarter of 2005. This increase reflects both the continuing growth of the industry as a whole and the growth of the MSS program, which had a net increase in the number of participating companies compared to the same quarter last year. Aart de Geus, chairman of the EDA Consortium and chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Synopsys Inc., said, "Long-standing EDA categories are registering their strongest growth in at least five years. This is alongside our most recently expanded segment, semiconductor IP, which is currently growing at a fast pace." The number of EDA industry employees has also grown worldwide. Companies tracked in the MSS employed 25,018 professionals in Q3 2006, up 11% from 22,462 in the same quarter of 2005. The report also said that North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , EDA's largest region, purchased $634 million of EDA products and services in Q3 2006, a 19% increase over Q3 2005. Western Europe Western Europe The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO). revenue was up 14% in Q3 2006 with revenues of $249 million. Q3 2006 revenue from Japan grew 8% in Q3 2005 to $262 million. Revenue in the rest of the world increased 27% to $164 million in Q3 2006 compared to the same quarter a year earlier. |
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