Largest UK software companies bigger, not better.Size and scale are no advantage when it comes to overall financial success, according to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. a new study by analysts Plimsoll plim·soll also plim·sol or plim·sole
n. Chiefly British
A rubber-soled cloth shoe; a sneaker.
[Probably from the resemblance of its mudguard to a Plimsoll mark. Publishing. It seems the industry's smaller players are putting their larger counterparts to shame when it comes to overall financial performance. The study has looked at the industry's largest 150 companies and compared their financial performance with that of 2000 smaller UK Computer Software competitors.
There is no doubting the dominance dominance
In genetics, the greater influence by one of a pair of genes (alleles) that affect the same inherited trait. If an individual pea plant that has one allele for tallness and one for shortness is the same height as an individual that has two alleles for tallness, the of these 150 "major players"--they currently control almost 94% of the market Yet look beyond their size at their individual financial performance and their image appears somewhat staid staid
1. Characterized by sedate dignity and often a strait-laced sense of propriety; sober. See Synonyms at serious.
Of the Top 150 companies profiled,
* 69 failed to increase sales beyond that of the industry average--dispelling the myth myth
Traditional story of ostensibly historical events that serves to unfold part of the worldview of a people or explain a practice, belief, or natural phenomenon. Myths relate the events, conditions, and deeds of gods or superhuman beings that are outside ordinary human that they are capturing ever more market share.
* 72 made-less profit-than the average industry performer--dispelling the myth that their monopolisation Noun 1. monopolisation - domination (of a market or commodity) to the exclusion of others
domination - social control by dominating of the market has led to inflated profitability.
* 41 are less efficient in their use of people--dispelling the myth that economies of scale bring large efficiency advantages.
* 51 are rated as being in financial danger--dispelling the myth that it is only the smaller companies that fail.
When the financial performance of these industry leaders is compared with the rest of the industry, some of the really exciting companies in the market are revealed. Of the smaller 2000 companies profiled,
* 756 increased sales at over 2% last year--proving that good growth is possible in a stable market.
* 533 delivered over 6% pre-tax pre-tax adj → anterior al impuesto
pre-tax adj → avant impôt(s)
pre-tax adj → al lordo d'imposta margins--proving that high profitability is achievable irrespective of irrespective of
Without consideration of; regardless of.
preposition despite size.
* 287 delivered over f.208,000 sales per employee--proving that you do not need economies of scale to be efficient.
* 800 are rated as financially strong--proving that many of the industry's smaller companies are well managed businesses. The Plimsoll Computer Software Top 150 Analysis is ideal for the non-accountant who is looking to understand the market and the companies within it. Each of the Top 150 companies has been analysed based on its last 4 years of financial performance.
The full 450-paged analysis is available for f,500. Readers of Software World will receive a free copy of the Top 2000 Plimsoll Portfolio Analysis when ordering. (Priced at 305 [pounds sterling] if bought separately)