This is the "Pajama Day" at my daughter's first grade class. As a reward for doing a good job the past few weeks, students have to choose between holding a party pizza, watching movies, or wearing Pajamas to school. After much lobbying and debate, advocates for Pajama day won, and my daughter are proud to walk to school this morning wearing her best book ever SpongeBob SquarePants.
Like most software vendors this year, Descartes continued to post strong financial results. Revenue was 10 percent in Q3FY11 compared to the same period last year, and up 17 percent year-to-date. United States accounted for 44 percent of revenues, followed by EMEA (20 per cent, including Belgium), Belgium (16 percent). America (including United States and Canada) accounted for only 1 percent of income.
Latin America has always represented the smallest segment of the market as a whole, and TMS despite strong growth potential, a piece of cake does not seem to grow very much. Why not? A question to ponder and address in a future post. If you are a software vendor, post comments and share Your experiences/perspectives.
Almost three years ago in "understand why companies outsource logistics," I discussed the State of logistics outsourcing in the healthcare industry. Here's an excerpt: