Press Release
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INFOGLIDE SOFTWARE NAMED TO SOFTWARE MAGAZINE’S 25TH ANNUAL SOFTWARE 500
Software Magazine Ranks Infoglide Software as one of the World’s Largest Software Companies
Austin, Texas, October 11, 2007 – Infoglide Software Corporation today announced its inclusion on the Software Magazine’s Software 500 ranking of the world’s largest software and service providers, now in its 25th year.
Infoglide Software was ranked 460th, with software revenue of $4.7 million.
“The 2007 Software 500 results show that growth in the software and services industry was healthy from 2006 to 2007, the ranking year. The industry continues to be dynamic with more than 98 new companies on the list this year for the first time,” says John P. Desmond, editor of Software Magazine and Softwaremag.com. “The top four business sectors this year are System Integration Services/IT Consulting, Application Development, Financial Applications, and Security Tools/Systems. It may be the case that difficulty companies have in developing and keeping their own IT skilled workers, is driving demand for services firms.”
“Total employee head count is up 14.7% from the previous year’s Software 500, reversing the decline of last year. Sectors seeing the highest rates of employee growth included Search/Portal tools, Security/Tools/Systems, Messaging/Communications, and Wireless/Mobile,” Desmond says. “In addition, about 73% of the Software 500 companies saw revenue growth in 2006.”
“The Software 500 helps CIOs, senior IT managers, and IT staff 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 2007 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 2007 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 2006. 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 25th 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 a one-day
Software Marketing Perspectives Seminar & Expo at the Hyatt Regency
Austin on Town Lake, on Oct. 23, 2007. To register, go to www.smpevent.com.
The event offers a spin-free zone where VPs and directors of technology
product management, primarily from the software industry, can share
experiences and network with each other.
The fourth annual Software Marketing Perspectives Conference & Expo will be held at the Santa Clara Convention Center, Santa Clara, Calif., May 7-9, 2008. Watch the event Web site for program information.
About Infoglide Software Corporation
Infoglide Software Corporation (www.infoglidesoftware.com)
supplies identity resolution solutions to the banking, insurance,
retail, and government markets. The company's solutions enable organizations
to detect fraud and risk by analyzing data related to individuals
and/or entities within multiple data silos throughout the enterprise.
The company's Identity Resolution Engine (IRE) uncovers matching
identities and non-obvious relationships, applies domain specific
rules, and automatically integrates the resulting business intelligence
into an organization's systems and processes in real time. Applications
include retail returns fraud detection, banking 'Know Your Customer'
compliance, employment application screening, and insurance claims
fraud detection. Incorporated in 1996, Infoglide Software is a privately
held company headquartered in Austin, Texas.
