Summary

21st Century Software Inc

Founded in 1992

Description

21st Century Software, Inc. is a privately held corporation whose purpose is to develop and market enterprise disaster recovery solutions. The organization completed the restructuring of its core businesses in January of 1998 and announced the formation of the Disaster Recovery Group based in Wayne, PA. 21st Century Software's stated vision for the future is to further provide effective products and support to their Fortune 500 clients and position the organization for rapid growth. With over 30 sales, marketing, administrative and technical/development personnel, 21st Century Software, Inc. has positioned itself to be the market leader in both disaster recovery solutions and innovative enterprise solutions. DR/VFI was created in 1988 and grew from the needs of organizations to identify and recover critical data. In 1995, 21st Century Software began marketing DR/VFI as part of a suite of storage management and disaster recovery tools. With the latest reorganization, 21st Century Software has further strengthened its market position by acquiring the VFI product while maintaining all the technical and development personnel. The current organizational structure joins all business entities under a common banner branching out into new platforms and business opportunities. 21st Century Software's development staff includes senior developers with practical experience in development of business applications and operating system utilities on multiple platforms. The development team personnel have been creating and implementing disaster recovery solutions for over 30 years. 21st Century Software sales and marketing is driven by the directive that "customers do come first". Service and customer satisfaction is the primary responsibility of each of the individual representatives. The move to the high-tech Route 202 corridor of Southeastern PA has been made by the original sales management staff thus maintaining the same high standard of responsibility to the customer.

Strengths

  • 21st Century Software Inc has a strong market share in their industry
  • Demonstrating revenue growth that is faster than the industry average
  • The number of employees is growing faster than the industry average
  • Employees are staying with the company and less likely to churn compared to the rest of the industry

Weaknesses

  • Revenue generated per employee is less than the industry average
  • Variance of revenue growth is more than the industry average
  • Since 21st Century Software Inc was founded, the company has experienced slower revenue growth than the industry average

Annual Revenue

21st Century Software Inc's annual revenue

$17508000

Based on Kona Equity data

  • Revenue per employee

    $729500

  • Variance of revenue growth

    1.51

  • Annual revenue growth since founding

    $547125

  • Revenue growth rate from first known quarter to current

    271.3%

Employee Count

24 employees

  • Employee growth rate from first known quarter to current

    280.0%

  • Current employees on Linkedin

    78

  • Churned employees

    42

  • Churn rate percentage

    53.85%

Executives

Steven Feder

General Counsel

s**@21stcenturysoftware.com

G Score - 4

The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.

  • G1 Revenue is greater than the industry median.
  • G3 Revenue growth rate from the first known quarter to current is higher than the industry average.
  • G4 Employee growth rate from the first known quarter to current is higher than the industry average.
  • G8 LinkedIn Churn is lower than the industry average.

Location

940 West Valley Rd., Ste. 1604 
Wayne, PA  19087

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Key Information

  • SIC: 73; 737
  • NAICS: 541511; 5182
Disclaimer: These numbers are estimates and any other company information is based off our proprietary algorithms and by no means should be accepted as 100% factual. Kona Equity is in no way affiliated with 21st Century Software Inc.

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Frequently Asked Questions

Where is 21st Century Software Inc located?

21st Century Software Inc's headquarters are located at 940 West Valley Rd., Ste. 1604  Wayne, PA  19087.


What is 21st Century Software Inc's official website?

21st Century Software Inc's official website is 21stcenturysoftware.com


What is 21st Century Software Inc's revenue?

21st Century Software Inc's annual revenue is $17.5 M.


What is 21st Century Software Inc's SIC code?

21st Century Software Inc's SIC: 73; 737


What is 21st Century Software Inc's NAICS code?

21st Century Software Inc's NAICS: 541511; 5182.


How many employees does 21st Century Software Inc's have?

21st Century Software Inc has 24 employees


What industry does 21st Century Software Inc belong to?

21st Century Software Inc is in the industry of Computer software.

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