The Software 500 helps CIOs, senior IT managers and IT staff research create the short list of business partners
Austin, TX (PRWEB) October 30, 2008
Infoglide today announced its inclusion on Software Magazine's Software 500 ranking of the world's largest software and services providers, now in its 26th year. Infoglide develops and markets identity resolution and entity analytics software for government and commercial markets. Infoglide's Identity Resolution Engine(tm) allows for data matching, auto classification, and data cleansing in applications for data quality and master data management (MDM), including customer data integration (CDI) and product information management (PIM). Identity Resolution Engine is also used to detect fraud and risk including applications for workers' compensation fraud, homeland security, anti-money laundering, insurance fraud, retailer lottery fraud, cybercrime, regulatory compliance, and retail loss prevention including e-fencing and organized retail crime.
Infoglide was ranked 494th, with software revenue of $5.6 million.
"The 2008 Software 500 results show that revenue growth in the software and services industry was healthy, with total Software 500 revenue of $451.8 billion worldwide for 2007 representing 14.7% growth from the previous year," says John P Desmond, editor of Software Magazine and Softwaremag.com "We have added over 100 new companies to the list this year. We're seeing strong growth from more companies based outside the U.S., especially from systems integration and outsourcing services firms based in India."
"Total employee head count was a modest 1.3% increase from the last year. Sectors seeing the highest rates of employee growth included Software as a Service, Search/Portal tools, Supply Chain/Manufacturing, Legacy System Renewal/Integration and Database," 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. And the online version to be posted soon at http://www.Softwaremag.com is searchable by category, making it what we call the online catalog to enterprise software."
Some 42 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 http://www.myswmag.com to subscribe to digital Software Magazine and be among the first to see the 2008 Software 500. It is being released first in the digital publication.
The ranking is based on total worldwide software and services revenue for 2007. 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 Infoglide Software Corporation
Infoglide (http://www.infoglide.com) supplies identity resolution and entity analytics solutions to government and commercial markets. Infoglide's solutions search relational databases and analyze data related to individuals and/or entities within multiple data silos. Infoglide's patented identity resolution technology allows for data matching, auto classification, and data cleansing in applications for data quality and master data management (MDM), including customer data integration (CDI) and product information management (PIM). The company's Identity Resolution Engine(tm) (IRE) utilizes identity matching and fuzzy search capabilities to discover non-obvious relationships, applies domain specific rules as well as similarity and classification engines, and automatically integrates the resulting business intelligence into an organization's systems and processes in real time. IRE has over 50 patented algorithms that are applied based on domain specific rules. Features include data matching, fuzzy search/fuzzy match, similarity search, identity matching, data quality, and discovery of non-obvious relationships. Incorporated in 1996, Infoglide Software is a privately held company headquartered in Austin, Texas.
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 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 26th year. Software Magazine and Softwaremag.com are owned and operated by King Content Co.