Often referred to by insiders as the computer industry’s
“best kept secret”, businesses and institutions are hesitant to disclose the fact that they use a MV solution
since it is often at the core of their competitive edge.
This is because MV software is designed by business experts
familiar with the most efficient way to handle the data
processing needed by their specific industry and therefore
costs less to maintain and operate than generic solutions;
and because MV business software is portable across all
computer hardware and major operating systems.
Who Uses MV Business Software?
Over 10 million people in companies around the world sign on to a MV system every day when they
arrive at work. MV business software solutions are available for over 300 major industries
and institutions. From the smallest company to companies with thousands of users.
Collectively, the sellers or MV business solutions represent a $2 billion plus annual
market in software alone and have a staggering three million strong user base worldwide
which has accumulated over the past 25 years.
In the late 1990s, International Spectrum conducted a survey of over 500 active companies in
the MV market. These companies were categorized as either a VAR, Software House, or
Independent Consulting Firm.
The survey revealed that the average MV VAR generates $4.71 million revenue in the market
annually. The average MV Software House reported $2.04 million annual revenue and the
average MV consultant generates $187K annually. Those doing the best are those who know
both the web and legacy MV applications.
International Spectrum currently is aware of over 400 active MV VARs, 182 active MV
Software Houses and approximately 2,000 independent consultants. Based on the above
survey, a simple linear extrapolation estimates the annual MV market at $2.95 billion.