CIMdata hails Vero Software world's number one CAM-focused software business

The report details how Vero has more than double the number of installed software licenses than any other software vendor, which represents more than 20% of market share. Market Share of NC Providers Based on Industrial Seats Installed (source : CIMData) In addition, CIMdata found that Vero was again able to increase its market share, in terms of direct revenue. The company's share of vendor direct revenues grew to more than $110 million, representing a market share in excess of 10%, with further growth predicted for 2014. Market Share of the Largest NC Providers by Direct Revenue (source : CIMData) Finally, with a growth rate of 49.3%, the CIMdata report also confirmed that Vero Software is the fastest growing company out of all top 25 ranking companies named in the NC Market report. (Update: SprutCAM, see graphic below, is not amongst those 25) Companies with Largest Percentage Revenue Growth, 2012 to 2013 (source : CIMData) Headquartered in England, Vero Software designs, develops, and supplies CAD/CAM/CAE software. The company's brands include Alphacam, Cabinet Vision, Edgecam, Machining Strategist, PEPS, Radan, SMIRT, SURFCAM, WorkNC and VISI. Earlier this year, Vero picked up a coveted Queen's Award for Enterprise in International Trade. Image:Vero Software chief executive, Richard Smith