It’s quite common in the enterprise software world for niche global providers to succeed in reaching the global marketplace. North American companies certainly don’t have a lock on developing enterprise class code. Moreover, since California has found itself in such a financial catastrophe of late — not to mention inserting the specter of significantly rising Federal taxes to the mix — I suspect we’ll see more and more global entrepreneurs set up shop elsewhere. Still, despite the globalization of the enterprise applications market, one giant country in particular has had only a few players worthy of mention — China. At least until now. But CDC, a Hong Kong-based software player that has so far targeted the sell-side and CRM sides of the market, could change that.
By Jason Busch on November 23, 2009
Obsessed with how companies manage, spend and save money, Jason writes about procurement, trade and supply chain issues @ Spend Matters. He has significant first hand experience developing and marketing technology and services products, has advised numerous companies on sourcing and related techniques as well as M&A pursuits. In previous lives before tech, he was a management consultant and merchant banking analyst.