It claims to be industry standard of
software, though when dealing with sfx I don't know how
broad industry standard really is. There are so many different ways to playback sound effects that no one has really agreed on what's the best way. Heck, people haven't even agreed on what the best way is to store and run sound effects i.e. flash cards and what not. Some people are against the use of programs run via a laptop or desktop computer and prefer the use of special playback devices.
So sure, it's industry standard, but it's industry standard software, and I don't know of too many higher end theatres that run their sound effects via a traditional computer. And for those that do, there are debates over weather or not sound effects should be run off something so unstable.