WOBURN, Mass.—Collaborative Consulting today announced its inclusion on the Software 500, Software Magazine’s list of the world’s foremost software and services providers, published as an online catalog on www.Softwaremag.com. Collaborative Consulting was ranked No. 325, with services revenue of $25.3 million.
"The overall health of the software and services industries has improved, with revenue for the 2005 software 500 at $383.3 billion worldwide for 2004, an increase of 16.5 percent over the previous year. The industry continues to be dynamic, with nearly 100 new companies on the 2005 Software 500 list,” says John P. Desmond, editor of Software Magazine and Softwaremag.com. “Employee headcount was up 13.7 percent and was strongest in the segments of collaboration/project management, system integration services and IT consulting, and the supply chain/manufacturing software segment.
“Our aim is to help CIOs, senior IT managers and IT staff research their partner options and that is a valuable service.”
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 list includes both private and public companies; 28 percent of the 2004 Software 500 companies are private. The Software 500 is searchable by primary business sector on www.Softwaremag.com, free to all site registrants. “The online Software 500 is a valuable resource for CIOs, senior IT managers and IT staff for researching their vendor partner options. It is a quick reference of vendor viability,” Desmond says.
The ranking is based on total worldwide software and service revenue for 2004. 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 www.Softwaremag.com, as well as from public documents.