Data on the U.S. Software Products Industry 1

• Growth of the U.S. Packaged Software Industry

Year Revenue Income before tax

1987 $ 5.7B $0.5B

1988 $ 7.3B $0.7B

1989 $ 9.0B $1.3B

1990 $11.7B $1.4B

1991 $13.0B $1.2B

1992 $14.4B $1.7B

1993 $16.6B -------

• Average annual growth rate of revenue = 20.4% over that period

• Source: WEFA Group (via SPA), August 1994

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