Company Description:
Deltek, Inc. is a provider of enterprise applications software and related services designed specifically for project-focused organizations. Project-focused organizations generate revenue from defined, discrete, customer-specific engagements or activities, rather than from mass-producing or distributing products. These organizations typically require specialized software to help them automate complex business processes around the engagement, execution and delivery of projects. The Company's software enables them to greatly enhance the visibility they have over all aspects of their operations by providing them increased control over their critical business processes, accurate project-specific financial information and real-time performance measurements. With its software applications, project-focused organizations can better measure business results, optimize performance and streamline operations, thereby enabling them to win new business. As of May 1, 2007, the Company had over 12,000 customers worldwide that spanned numerous industries and ranged in size from small organizations to large enterprises. The Company serves customers primarily in the following markets: architecture and engineering (A/E), government contracting, aerospace and defense, information technology services, consulting, discrete project manufacturing, grant-based not-for-profit organizations and government agencies. For the year ended December 31, 2006, the Company's total revenue increased 49% to $228.3 million, and its net income increased 75% to $15.3 million, in each case from the prior year.
Deltek, Inc. is a provider of enterprise applications software and related services designed specifically for project-focused organizations. Project-focused organizations generate revenue from defined, discrete, customer-specific engagements or activities, rather than from mass-producing or distributing products. These organizations typically require specialized software to help them automate complex business processes around the engagement, execution and delivery of projects. The Company's software enables them to greatly enhance the visibility they have over all aspects of their operations by providing them increased control over their critical business processes, accurate project-specific financial information and real-time performance measurements. With its software applications, project-focused organizations can better measure business results, optimize performance and streamline operations, thereby enabling them to win new business. As of May 1, 2007, the Company had over 12,000 customers worldwide that spanned numerous industries and ranged in size from small organizations to large enterprises. The Company serves customers primarily in the following markets: architecture and engineering (A/E), government contracting, aerospace and defense, information technology services, consulting, discrete project manufacturing, grant-based not-for-profit organizations and government agencies. For the year ended December 31, 2006, the Company's total revenue increased 49% to $228.3 million, and its net income increased 75% to $15.3 million, in each case from the prior year.