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ZMGD, Zamage Digital Art Imaging, Inc., ZMGD.PK
ZMGD and its subsidiary Everdow Software (Beijing) Inc. (Wing Road Software Co., Ltd.) focus on delivery of high-tech software solutions in business management industry.
ZMGD’s subsidiary Everdow Software Inc. focuses on business-oriented product development, offering its customers professional, Customer Relationship Management (CRM) systems and easy transaction/information management.
Everdow Software Inc. provides reliable software solutions and professional service for various industries (banking, education, manufacturing, etc.). The company’s core products include Everdow Online Examination System, Everdow Customer Relationship Management System and Award-winning Everdow Bank Risk Monitoring System.
With impeccable expertise in JAVA advanced technology development sector, the company professionals worked for renowned, high-end enterprises, including Chinese Academy of Sciences and Borland China.
Customer Relationship Management (CRM) systems serve companies to evolve their customer relationships strategies. Business aim CRM strategies to understand anticipate and respond to the needs of enterprise’s current and potential customers, in order to grow the relationship value. CRM systems offer comprehensive and holistic customer focus, which evolves with customer activity. CRM software is a necessary enabler to achieve most CRM strategies and objectives.
CRM strategies software solutions have evolved from managing and streamlining customer-facing transactional processes, to harnessing customer information in order to better interact and collaborative with customers. Social media phenomenon (user-generated content, social networking sites, blogs, etc.) gave birth to this “CRM 2.0?, which continues to evolve.
CRM software systems offer an abundance of functionality rich, CRM applications designed for vertical markets. The newer Software -as-a-Service (SaaS) or on-demand CRM systems have yet to release the breadth or depth of comparable industry solutions. SaaS continues to gain popularity as an increasingly critical strategy element, and will continue to drive growth through 2012.
CRM adoption varies greatly by market size. Enterprise CRM software solutions have saturated the Fortune 1000 market, while middle market and small business application providers have yet to fulfill the majority of the small and midsize business (SMB) market. SaaS CRM systems have made significant inroads in satisfying the SMB market and continue to drive upstream in penetrating enterprise level organizations.
Worldwide CRM software revenues were projected to surpass $8.9 billion in 2008, a 14.2 % increase from 2007 revenue estimates of $7.8 billion (Gartner, Inc.), and the CRM market shows a healthy growth potential through 2012, with revenue reaching around $13.3 billion.
North America is the largest market for CRM total software revenue, as it accounted for $4.3 billion of revenue in 2007, and it will total $7.6 billion in 2012. Europe is expected to exhibit steady growth rising from $2.6 billion in 2007 to $3.9 billion in 2012.
CRM license revenue and maintenance revenue together are expected to surpass the $10 billion mark globally by 2012, with maintenance revenue reaching approximately $3.6 billion.
Not surprisingly, analysts expect the strongest growth in CRM spending to come from Asia/Pacific, where revenue forecasts presume to grow from $410 million in 2007 to $840 million in 2012.
CRM strategies and software applications are increasingly becoming cornerstone building blocks for corporations in the Asia Pacific region. Early adoption by the telecommunications and banking sectors has been quickly followed with CRM initiatives in many other sectors such as transportation, retail, government, health care and professional services. Key drivers fuelling continued CRM software growth include the quests for increased customer share, market share, retention and efficiencies. Asian CEO’s view their CRM spending as a strategic investment to ensure customer loyalty.
Springboard Research studies reveal that the Software-as-a-Service (SaaS) CRM market in Asia grows at a compound annual growth rate of 61% from 2006 to 2010. The SaaS CRM market is expected to reach $460 million by 2010 from just $69 million in 2006.
Almost all Asian countries’ annual growth ranges from 4 to 9%. India, China and Malaysia are generally agreed to be the Asian markets with the greatest growth potential.
Research firm Datamonitor predicts that CRM vendors from Europe and America will face stiff competition from Indian and Chinese local CRM providers. Also, in this market, pricing and local business knowledge are more important requisites than functionality in almost all cases except maybe in outsourcing.
Malaysia, China and India show great promise and more growth potential compared to other Asian countries. India’s CRM market is characterized by call center technologies. Malaysia offers a small but stable CRM market while China offers a large and active market to CRM vendors.
In Malaysia and China, two of the three leading growth markets (India being third), local vendors will prevail over Western giants.
The Asian small and midsize business market is the sole market not dominated by western software suppliers but by local and inexpensive CRM vendors instead. A high number of Western CRM solution providers have been disappointed by the poor returns from their Asian investments. Analysts suggest that local vendors will often prevail over the large Western software companies from the United States and Europe due to both software localization requirements and government interference.
China’s CRM growth is planned to outrun all other Asian countries with a staggering growth rate of 30%. China is set to experience four major developing stages in the near future: information collection, process management, refined sales, and strategy decision support.
Global CRM Software Market
ZMGD’s subsidiary Everdow Software Inc. operates in Beijing’s Zhongguancun, China’s Silicone Valley, with branch offices in Shanghai, Guangdong and Hebei. The company offers a range of software business solutions to government, banking, retail and other industries.
ZMGD’s subsidiary Everdow Software Inc. continues to serve China’s growing population in the telecom, education and banking sectors. Since its inception in 2005, Everdow Software Inc. developed a portfolio of professional products and services and worked with clients known across China and the world.
* Beijing University of Science and Technology
* China Minsheng Bank
* Daqing Petrochemical
* East China Electric Power
* Ericsson
* Guangzhou Public Security Bureau
* Heyuan City, Guangdong Personnel
* Lanzhou Railway Bureau
* Shanghai Mobile
* Shanghai Telecom
* Shenzhen Mobile
* Shanxi Changzhi Netcom
* The National Weather Service
China Financial Certification Authority (CFCA) along with China Banking Regulatory Commission and 20 leading commercial banks annually assess the banking security of all banks in China. The security software developed by ZMGD’s subsidiary Everdow Software Inc. used by the Minsheng Bank’s won the 2008 and the 2009 “Best Banking Security Award” awarded by the CFTA.
Recently, ZMGD’s subsidiary EverdowCRM published the company financials for the period of January 1 - June 30, 2010 (Posted on Pink Sheets, “Financials” section on July 9, 2010). During this period, the company generated total revenues in the amount of $145,000 USD, and profits of $90,000 USD.
ZMGD’s latest announcements:
- ZMGD’s subsidiary EverdowCRM Signs Contract with a Leading Financial Institution (Source CLICK HERE). ** ZMGD’s subsidiary EverdowCRM reported that is in the process of determining the scope of the project with Shenzhen Development Bank (SDB). The estimated value of this project is RMB 800,000 (approximately US $117,000).
- ZMGD’s subsidiary EverdowCRM Completes Business Platform System for the Minsheng Bank (Source CLICK HERE). ** The contract is worth RMB 900,000 ($130,000 USD).
- ZMGD’s subsidiary EverdowCRM Completes a Series of iPhone Applications (Source CLICK HERE). ** The company expects for this app to generate larger revenues in the coming months.
More about ZMGD at www.zamagedigitalcorp.com
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PRKR, Parkervision Inc.
PRKR designs, develops and markets its proprietary RF technologies, which enable advanced wireless communications for current and next generation mobile communications networks.
PRKR’s solutions for wireless transfer of radio frequency (RF) waveforms enable significant advancements in wireless products, addressing the needs of the cellular industry for efficient use of power, reduced cost and size, greater design simplicity and enhanced performance in mobile handsets as the industry migrates to next generation networks.
** PRKR has entered into an agreement with its confidential baseband partner to supply RF chipsets that incorporate ParkerVision’s d2p(TM) technology, for a 3G mobile handset design win.
The agreement includes negotiated pricing and other terms for the baseband partner’s purchase of one million RF chipsets from PRKR.
The chipsets will be used with baseband processors sold to a leading mobile handset OEM, who is a significant customer of PRKR’s baseband partner.
More about PRKR at www.parkervision.com.
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