The result is that our clients can better serve their association members by maximizing their business processes and efficiencies with our membership management solution.
McLean, VA (Vocus) October 8, 2009
Avectra, the industry's leading association management software provider, announced today its inclusion in Software Magazine's Software 500 ranking of the world's largest software and services providers.
Avectra ranked 292 in its third year on the annual listing, with revenue of $35.6 million, moving up 55 positions over its 2008 placement. The ranking positioned Avectra as the largest provider of association management software on the Software 500 list.
Additionally, Avectra was also featured by Software Magazine in the Top 10 Companies in the $30 million to $50 million category.
The Software 500 is a revenue-based ranking of suppliers targeting medium to large enterprises, their IT professionals, software developers and business managers involved in software and services purchasing.
"Avectra's growth has been fueled by the combination of our innovative association management software and the savings delivered through our software-as-a-service platform," said Barry Malek, CEO of Avectra. "The result is that our clients can better serve their association members by maximizing their business processes and efficiencies with our membership management solution."
"The 2009 Software 500 results show that revenue growth in the software and services industry was healthy, with total Software 500 revenue of $491.3 billion worldwide for 2008 representing 8.8% 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."
Some 44% of the 2009 Software 500 companies are privately held.
About Avectra, Inc.
Avectra, with more than 15 years of experience, is the leading provider of on demand association management software. Avectra's web-based, integrated netFORUM software enables organizations of all sizes to experience world class membership management. netFORUM Enterprise Edition is uniquely tailored to the needs of the largest member-based organizations, while their netFORUM Team and Pro Editions are scaled to perfectly address the needs of small and mid-sized organizations, providing the tools that help identify, secure and build members for life. Headquartered in McLean, VA., Avectra has a regional office in Chicago. For more information about Avectra and the netFORUM family of products, visit http://www.avectra.com or call 800-858-8272.
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.
Ray van Hilst, Avectra
Tracy Kunichika, Software 500
Software 500 Project Leader