Information Builders Named to Software Magazine’s 27th Annual Software 500
Software Magazine Ranks Information Builders as One of the World’s Largest Software Companies
NEW YORK, NY (October 05, 2009) –
Information Builders an independent leader in business intelligence (BI) solutions, today announced its inclusion in Software Magazine’s 27th annual Software 500 ranking of the world’s largest software and services providers. Information Builders was ranked 121, with software revenue of $306 million.
“The 2009 Software 500 results show that revenue growth in the software and services industry was healthy, with total Software 500 revenue of $491.3 billion worldwide for 2008, representing 8.8 percent growth from the previous year,” says John P. Desmond, editor of Software Magazine and Softwaremag.com.
“The Software 500 helps CIOs, senior IT managers, and IT staff research and create the short list of business partners,” Desmond says. “It is a quick reference of vendor viability. And the online version to be posted soon at Softwaremag.com is searchable by category, making it what we call the online catalog to enterprise software.”
The Software 500 is a revenue-based ranking, targeting medium to large enterprises, their IT professionals, software developers, and business managers involved in software and services purchasing. Forty-four percent of the 2009 Software 500 companies are privately held.
“The Software 500 represent the best in the industry, and we’re thrilled to be recognized yet again as a leading software provider in the business intelligence space,” said Gerald D. Cohen, president and CEO of Information Builders. “As we’ve continued to grow our company, Information Builders’ focus remains on our customers and helping them achieve their goals.”
The ranking is based on total worldwide software and services revenue for 2008. 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 on Softwaremag.com, as well as from public documents.
About Digital Software Magazine
Digital Software Magazine, the Software Decision Journal, has been a brand name in the high-tech industry for 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. Software Magazine and Softwaremag.com are owned and operated by King Content Co.
About Information Builders
Information Builders’ award-winning combination of business intelligence and enterprise integration software has been providing innovative solutions to more than 12,000 customers for the past 30 years. WebFOCUS is the world’s most widely utilized business intelligence platform. It provides the security, scalability, and flexibility needed at every level of global extended enterprises. Its simplicity helps create executive, analytical, and operational applications that reach dozens to millions of users. Information Builders’ iWay Software suite provides state of the art, multi-purpose, pre-built integration components that address all SOA, application, data and information management requirements. Its integration adapters have been adopted by the leading software platform providers. Information Builders also offers solutions in the performance management, business activity monitoring, and enterprise search markets. The company’s comprehensive enterprise product offerings give Information Builders’ customers the ability to grow and innovate according to their needs.
Information Builders’ customers include most of the Fortune 100 and U.S. federal government agencies. Headquartered in New York City with 90 offices worldwide, the company employs 1,450 people and has more than 350 business partners.
Source: Information Builders