Ascentis Corporation Named to Software Magazine’s 22nd Annual Software 500

Share Article

Ascentis 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 http://www.Softwaremag.com. - Software Magazine Ranks Ascentis as one of the WorldÂ?s Largest Software Companies

Ascentis 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 http://www.Softwaremag.com.

Ascentis’ CEO, Charles D’Ambrosia, says, “Being included in the Software 500 reiterates the fact that Ascentis is an industry leader with a best practices automated HR solution. Ascentis and HROffice are helping small and mid-sized organizations nationwide streamline their HR and benefits management processes and it’s truly an honor that Software Magazine recognizes our success.”

"The software industry remains extremely dynamic, with 140 new companies appearing on the 2004 Software 500 list. Overall results were mixed but total revenue for the 500 was up 14% and total employment up 8%, says John P. Desmond, Editor of Software Magazine and Softwaremag.com. "Sectors strong this year include security, business process management and system integration services including outsourcing services. Site visitors will notice changes to the Software 500 online this year that make it easier to navigate. 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 enterprise IT organizations. The list includes both private and public companies; 30% of the 2004 Software 500 companies are private. The Software 500 is a worldwide list in that any company may submit financial and product information via the annual Software 500 survey, conducted 100% on the Web.

The ranking is based on total worldwide software and service revenue for 2003. 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 http://www.Softwaremag.com, as well as from public documents.

About Softwaremag.com, The IT Software Journal

Softwaremag.com, The IT Software Journal, is the Web publishing effort of Software Magazine, a brand name in the industry for over 20 years. Softwaremag.com 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 22nd year. Software Magazine and Softwaremag.com are owned and operated by King Content Co., the Web content development and publishing firm run by John P. Desmond.

About Ascentis Corporation

Founded in 1994 and based in Bellevue, Wash., Ascentis Corporation is a pioneer in state-of-the-art human resources management systems (HRMS). The company’s flagship product, HROffice, eliminates the paper process and builds on the latest technologies from Microsoft for easy integration with those tools HR departments use on a day-to-day basis. Connect, communicate, and control all aspects of HR with HROffice. HROffice provides comprehensive benefits management, online benefits enrollment, and seamless connectivity to payroll providers and insurance carriers for small to mid-sized organizations.

As a Microsoft Gold Certified Partner, Ascentis Corporation was named to the Deloitte & Touche prestigious Fast 50 Program for the second year in a row – named one of the fastest growing technology companies in Washington State. Additionally, Washington CEO Magazine included Ascentis in its “Hightech 100” list, Workforce Management Magazine named HROffice to its hot list of the “Top 15 HRMS Systems” in its March 2004 issue, Software Magazine included Ascentis in its “2004 Software 500 list,” and Forbes.com named Ascentis to its “Best of the Web Pick” in the human resources category. For more information on Ascentis Corporation and the HROffice product line, visit http://www.ascentis.com or call 800.229.2713.

# # #

Software 500 Contact: Kelley Conrad, Software 500 Project Leader, kconrad@softwaremag.com

Ascentis Contact: Courtney McKenzie, p: 800.229.2713 x 182; email: courtney@ascentis.com

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Courtney McKenzie