Minneapolis, MN (PRWEB) October 17, 2014
Coherent Solutions announces its inclusion in Software Magazine’s Software 500, a ranking of the world’s largest software and service providers now in its 32nd year. Coherent Solutions was ranked number 413 with $16.9M in revenue for 2013.
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.
“We are proud to be among the world’s most recognized suppliers of IT software services,” said Igor Epshteyn, CEO of Coherent Solutions. “Our commitment to deliver top value and build long-term client partnerships has helped us achieve this.”
The ranking is based on total worldwide software and services revenue from the 2013 fiscal year. This includes revenue from software licenses, maintenance and support, training, and software-related services, and consulting. Suppliers are not ranked on total corporate revenue, since many have other lines of business, such as hardware. Financial information is published in print as well as posted online at http://www.softwaremag.com as both a digital edition and searchable database.
“The Software 500 helps CIOs, senior IT managers, and IT staff research and create the short list of business partners,” said John P. Desmond, editor. “It is a quick reference of vendor viability. And the online version is searchable by category, making it what we call the online catalog to enterprise software.”
About Software Magazine and Rockport Custom Publishing
Software Magazine has been a brand name in the high-tech industry for more than 38 years. Softwaremag.com, its Web counterpart, is the online guide 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 Rockport Custom Publishing.
About Coherent Solutions
Since 1995, Coherent Solutions has helped clients reduce development and maintenance costs and bring products and complex applications to market faster. With experienced teams in the U.S. and Eastern Europe, the company's model yields superior results as it combines expertise in commercial grade software development, a proven global delivery model, and a passionate commitment to client success. For more information on Coherent Solutions’ software consulting and outsourcing capabilities, please visit our website at: http://www.coherentsolutions.com.