PRZOOM - /newswire/ -
Willmette, IL, United States, 2009/01/09 - Intetics today announced its inclusion on Software Magazine’s Software 500 Next 100 ranking of the world’s largest software and services providers. This is the first year for the Next 100 of the Software 500, which is now in its 26th year.
Intetics was ranked 535, with a 57.9% growth rate over 2007.
“Software and services companies with $5 million in revenue and below represent the next generation of bigger companies,” says John P. Desmond, editor of Software Magazine and Softwaremag.com. “We are pleased to provide more visibility in this segment as a part of the overall research effort into the Software 500.”
The overall Next 100 group shows revenue wins and losses for the calendar or fiscal 2007 year measured, for an average revenue growth rate of 27%.
“We are proud of this recognition which places us among the largest and fastest growing software companies in the world,” says Boris Kontsevoi, President of Intetics. “Stability in providing excellent services for our clients as well as focus on continued company growth are the two factors which will further contribute to our overall success.”
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.
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 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 Intetics, Co.
Intetics, Co. (intetics.com) is a leading global outsourcing company focused on custom application development, software testing, web system design and offshore staff augmentation services. Since 1995 Intetics has completed over 500 projects for about 200 customers in more than 30 countries. The company is ISO 9001:2000 certified and Microsoft Gold Certified partner. The company's innovation and growth achievements are reflected in winning prestigious Deloitte Technology Fast 50 awards and inclusion into the Top 100 Global Emerging Service Providers by Global Services magazine and the Top 100 Global Outsourcing list by IAOP.