Complex sentence: In 1993, Deltek began developing its next generation of project accounting solutions, which eventually led to the development of Costpoint in 1994, which at the time was a contemporary 4GL client/server project focused ERP.
Split into simpler sentences: In 1993, Deltek began developing its next generation of project accounting solutions. By 1994, Deltek had released a BETA product named Deltek Costpoint, which at the time was a contemporary 4GL client/server project focused ERP.