Press Release
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INFOGLIDE SOFTWARE NAMED TO SOFTWARE MAGAZINES'S 23RD ANNUAL SOFTWARE 500
Software Magazine Ranks Infoglide Software as one of the World's Largest Software Companies
Austin, Texas, Sept. 21, 2005 - Infoglide Software Corporation today announced its inclusion on the Software 500, Software Magazine's list of the world's foremost software and services providers, published as an online catalog on www.Softwaremag.com.
Infoglide Software was ranked number 441, with software revenue of $6.9 million.
"The overall health of the software and services industries has improved, with revenue for the 2005 software 500 at $383.3 billion worldwide for 2004, an increase of 16.5% over the previous year. The industry continues to be dynamic, with nearly 100 new companies on the 2005 Software 500 list," says John P. Desmond, editor of Software Magazine and Softwaremag.com. "Employee head count was up 13.7% and was strongest in the segments of collaboration/project management, system integration services and IT consulting, and the supply chain/manufacturing software segment. Our aim is to help CIOs, senior IT managers and IT staff research their partner options and that is a valuable service."
The Software 500 is a revenue-based ranking of the world's largest software and services suppliers targeting medium to large enterprises, their IT professionals, software developers and business managers involved in software and services purchasing. The list includes both private and public companies; 28% of the 2004 Software 500 companies are private. The Software 500 is searchable by primary business sector on www.Softwaremag.com, free to all site registrants. "The online Software 500 is a valuable resource for CIOs, senior IT managers and IT staff for researching their vendor partner options. It is a quick reference of vendor viability," Desmond says.
The ranking is based on total worldwide software and service revenue for 2004. This includes revenues from software licenses, maintenance and support, training and software-related services and consulting. Suppliers are not ranked on their total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by King Content Co. and posted at www.Softwaremag.com, as well as from public documents.
About Infoglide Software Corporation
Infoglide Software Corporation (www.infoglidesoftware.com)
is the leader in the emerging transactional business intelligence
market. The company ranked #67 on the 2004 Inc. 500 with four/five
year average annual sales growth of 387%. Infoglide Software provides
a new generation of enterprise software that enables organizations
to apply business intelligence in an operational environment by integrating
real-time transactional data with remote and disparate historical
data to achieve true enterprise intelligence. The company’s enterprise
software, Bladeworks™, enables more accurate and informed decisions;
streamlines operational processes; increases efficiencies and reduces
operational costs; transforms data in real-time into useful and useable
information; improves customer service and customer interaction;
and drives more profitable relationships with customers. Bladeworks
is used in business-critical applications including enterprise risk
management, automated fraud detection, enterprise identity management,
transactional CRM, compliance, enhanced data connectivity, and enhanced
data mining. Current markets include financial services, information
services, transportation, retail, e-business, insurance, government,
and CRM. Incorporated in 1996, Infoglide Software is a privately
held company headquartered in Austin, Texas.
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Infoglide®, Infoglide Software™, Infoglide Software logo, and Bladeworks™ are trademarks of Infoglide Software Corporation. All other company or product names are the registered trademarks or trademarks of their respective owners.
