Atlanta, GA (PRWEB) October 20, 2006
KnowledgeStorm, the InternetÂs top-ranked search resource for technology solutions and information, today announced its inclusion on the Software 500, Software MagazineÂs list of the worldÂs foremost software and services providers, published as an online catalog on Software Magazine.
KnowledgeStorm was ranked 362, with services revenue of $13 million.
ÂWe are proud that Software Magazine has acknowledged KnowledgeStormÂs success in its list of the 500 worldÂs foremost software and services providers,Â said Kelly Gay, CEO and president, KnowledgeStorm.Â This honor celebrates KnowledgeStormÂs outstanding achievements in the B2B technology space.Â
ÂThe 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,Â says John P. Desmond, editor of Software Magazine and Softwaremag.com. ÂStrong 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.
ÂTotal employee head count is down from the previous yearÂs Software 500, reversing a growth trend. The industry produced about the same revenue with fewer employees,Â Desmond says.
ÂThe Software 500 helps CIOs, senior IT managers and IT staff research create the short list of business partners,Â Desmond says. ÂIt is a quick reference of vendor viability. That is content of value.Â
Some 37 percent of the 2006 Software 500 companies are privately held.
The Software 500 is a revenue-based ranking of the worldÂs 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 My Software Magazine 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 Software Magazine, as well as from public documents.
KnowledgeStorm is the InternetÂs top-ranked search resource for technology solutions and information. Leveraging the KnowledgeStorm Network of premier partners and its extensive search expertise, KnowledgeStorm is able to reach technology buyers and deliver the information they need no matter where their search begins. KnowledgeStorm, with its network, search expertise and performance tools and services, is a powerful resource for technology vendors, providing them the most opportunities to reach buyers on the Internet and convert them into Web leads. For more information, call (877) 340-9274 or visit KnowledgeStorm Inc..
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 worldÂs 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.
KnowledgeStorm and the KnowledgeStorm logo are trademarks of KnowledgeStorm Inc.