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 over the previous year
Southborough, MA (PRWEB) December 16, 2008
Trigent Software, Inc today announced its inclusion on Software Magazine's Software 500 ranking of the world's top software and services providers, now in its 26th year.
"I am pleased that Trigent Software is among the world's 500 most recognized software companies," Trigent Software Chairman and CEO Bharat Khatau said. "Inclusion in this year's Software 500 is a validation of our continued efforts in delivering comprehensive offerings to our customers. Our service offerings in the rapidly growing SaaS market is well-positioned to take us further up in the Software 500 list"
"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 over 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 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.
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 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.
About Trigent Software, Inc.
Trigent is an IT professional services company focused on software development, integration, implementation, support and outsourcing through its hybrid onshore and offshore operating model. Trigent's operating model is to conduct sales, customer relationships, business analysis and front-end consulting onsite with its clients from its Boston, MA headquarters. Trigent performs software design, development, integration, testing, and quality assurance offshore at its world class development, support and outsourcing center in Bangalore, India. Trigent is an SEI CMM Level 4 company and is ISO 9001:2000 TickIT certified. For more information about Trigent Software and its suite of services, please visit http://www.trigent.com