Press Release
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INFOGLIDE SOFTWARE NAMED TO SOFTWARE MAGAZINE'S 24TH ANNUAL SOFTWARE 500
Software Magazine Ranks Infoglide Software as one of the World's Largest Software Companies
AUSTIN, Texas, October 19, 2006 - Infoglide Software 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 408th, with software revenue of $7.4 million.
"The 2006 Software 500 results show that growth in the software and services industry was flat from 2004 to 2005, the ranking year. The industry continues to be dynamic with more than 90 new companies on the list this year," says John P. Desmond, editor of Software Magazine and Softwaremag.com. "Strong segments this year included security and system integration services. While much of the growth is coming from outside the U.S. in the services segment, the flattening world effect is sending some of it back too."
"Total employee head count is down from the previous year's Software 500, reversing a growth trend. The industry produced about the same revenue with fewer employees," Desmond says.
"The Software 500 helps CIOs, senior IT managers and IT staff research create the short list of business partners," Desmond says. "It is a quick reference of vendor viability. That is content of value."
Some 37 percent of the 2006 Software 500 companies are privately held.
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.
Go to www.myswmag.com to subscribe to digital Software Magazine and be among the first to see the 2006 Software 500. It is being released first in the digital publication. The online Software 500 on Softwaremag.com, to be posted at a later date, is searchable by primary business sector.
The ranking is based on total worldwide software and services revenue for 2005. 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 Digital Software Magazine, the Software Decision Journal,
and Softwaremag.com
Digital Software Magazine, the Software Decision Journal, has been
a brand name in the high-tech industry for nearly 30 years. Softwaremag.com,
its Web counterpart, is the online catalog to enterprise software
and the home of the Software 500 ranking of the world's largest software
and services companies, now in its 24th year. Software Magazine and
Softwaremag.com are owned and operated by King Content Co.
About King Content Co. and the Software Marketing Perspectives
Conference & Expo
King Content Co., owner of Software Magazine, is holding the third
annual Software Marketing Perspectives Conference & Expo at the
Marriott Boston in Newton, Mass., May 23-25, 2007. A Call for Papers
will be issued in October and will be open through the end of November.
The SMP event brings together technology product managers, marketing
communications and public relations professionals in a two-day conference
program. Conference attendees aim to increase their personal success
by learning from their peers and making connections. More information
about the 2007 event will be coming soon.
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.
