Reston, VA (PRWEB) September 23, 2010
Razorsight Corporation, the only Cloud Computing provider of profit analytics solutions for communications service providers (CSPs), today announced its inclusion on Software Magazine’s Software 500 ranking of the world’s largest software and service providers, now in its 28th year. Razorsight was ranked 291.
“The 2010 Software 500 results show that revenue growth in the software and services industry was healthy, with total Software 500 revenue of $491.7B billion worldwide for 2009, representing virtually flat 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 http://www.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 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.
Some 47% percent of the 2010 Software 500 companies are privately held.
Go to http://www.Softwaremag.com and click on Subscribe to be among the first to see the 2010 Software 500. It is being released first in the digital publication, to be distributed in mid-September.
The ranking is based on total worldwide software and services revenue for 2009. 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 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. Software Magazine and Softwaremag.com are owned and operated by King Content Co.
Software 500 Contact:
Software 500 Project Leader
About Razorsight Corporation
Razorsight is the only provider of Cloud-based business intelligence and profit analytics for the Communications Industry. Razorsight delivers the optimal solution for managing both the Buy Side and Sell Side of Carrier-to-Carrier relationships. Razorsight's Profit Enhancement Center is a unique Cloud solution offering integrated Cost Management, Revenue Assurance, and Network Optimization in a single platform. As a Cloud based solution, Razorsight easily integrates with legacy systems, while combining multiple disparate data sources into a single, robust analytics engine.
Razorsight's tools deliver value across multiple departments (Finance, Sales, Marketing, Engineering, and Procurement). Razorsight provides a unique set of Actionable Business Intelligence via web-based alerts, dashboards, and custom reports that have a profound impact on Operating Margins. We deliver carrier grade performance and Tier-1 scalability, while ensuring near immediate ROI. Razorsight's software is deployed at numerous industry leaders including AT&T, Verizon, Comcast, Telus, IBM, Windstream and Telekomunikacja Polska.
Razorsight has consistently ranked among the fastest growing companies in the U.S. Razorsight's software has won accolades from partners such as IBM and Accenture, and Razorsight's success has been recognized with industry awards including Deloitte Technology Fast 500, Inc 5000, Virginia Technology Fast 50, and SmartCEO Future 50. Razorsight is based in Fairfax, VA and has offices in St. Louis, MO and Bangalore, India. For more information about Razorsight, visit: http://www.razorsight.com.
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