Deltek Remains the Master of Its Selected Few Domains
Part Three: Company Background and Market Strategy
P.J. Jakovljevic - January 9, 2004

Event Summary

Deltek Systems, Inc. (www.deltek.com ), the leading provider of enterprise software and solutions for project-based businesses and professional services firms, remains committed to a potentially unique, high level of investment in product development when compared to other software companies. According to Kenneth E. deLaski, Deltek President and CEO, the average public software company only invests approximately 14.5 percent of its revenue in product development and, at 24 perecent, Deltek customers should take this as a strong sign that the vendor is deeply committed to continued investment and improvement of each of its product suites for project businesses and professional services firms. Deltek also announced that, once again, it achieved strong profitability and cash flow for fiscal 2002, reportedly marking the 18th consecutive year of profitability for the company. In addition, the company added more than 300 new customers in a variety of industries including aerospace, construction, engineering, IT services, consulting, architecture, and project-based manufacturing...