Powersoft Corporation, an independent subsidiary of Sybase, Inc., is cited by market researchers as the leading vendor of client/server application development tools, and as one of the fastest growing companies in the software industry. Headquartered in Concord, MA, with European headquarters in Buckinghamshire, England, Powersoft employs more than 1000 people worldwide.
Watcom International, Powersoft's wholly owned subsidiary, based in Waterloo, Ontario, is a leading provider of local and server databases as well as high-performance compiler and language tools. Its Watcom SQL database engine is incorporated into PowerBuilder Enterprise for Windows, PowerBuilder Desktop and InfoMaker.
In 1994, Powersoft more than doubled revenues from $57.4 million the previous year to $132.6 million and 1993 earnings from $ 0.56 to $ 1.14 in 1994. According to The META Group, Powersoft has a 40 percent market share in the fast-growing market for client/server development tools.
The Powersoft Enterprise Series, a family of open, scalable tools for enterprise-wide application development and data access needs of IS and end users includes:
Many organizations are embracing client/server technology because it enables scalable application development and distribution of business applications that address personal, departmental and corporate-wide information needs. Forrester Research estimates the worldwide client/server application development tools market will exceed $4 billion by 1996.
The client/server market is inherently open and nonproprietary, as it incorporates multiple client platforms, an array of network operating systems and server databases. Powersoft's Client/server Open Development Environment (CODE) standard embraces this openness by delivering interoperable products and services to organizations to build and deploy client/server applications.
Powersoft sells and supports the Powersoft Enterprise Series directly from field offices throughout North America and 120 authorized value-added resellers. Powersoft also sells its products through the PowerChannel program, an extensive network of resellers. International subsidiaries include the UK, France, Spain, Germany, Benelux countries, Czech Republic, Norway, Sweden, Australia and Singapore.
Internationally, Powersoft supports, educates and trains users through its subsidiaries and through independent distributors in Europe, the Pacific Rim and Latin America.