ASCEND CONSULTING NAMED TO SOFTWARE 500
MAGAZINE'S 23RD ANNUAL SOFTWARE
Software Magazine Ranks Ascend
Consulting as one of the World's
Largest Software Companies
Waltham, Mass - Sept. 21, 2005 -
Ascend Consulting today announce
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
Ascend
was ranked 428th, with 2004
services revenue of $8.5
million. Of companies with
2004 revenues between $5 and $10
million, Ascend placed 5th.
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% 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 head
count was up 13.7% and was
strongest in the segments of
collaboration/project
management, system integration
services and IT consulting, and
the supply chain/manufacturing
software segment.
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% 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.
Rankings are 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.
About Ascend Consulting:
Ascend is a consulting company
that designs, develops, and
delivers technology solutions
that are directly aligned with
its clients’ business goals.
Ascend’s deep understanding of
both business processes and
information technology enables
its consultants to successfully
translate any business vision
into a finished technology
solution for competitive
advantage.
Ascend’s elite team of experts,
relationship-focused engagement
model, and unique Catapult™
methodology allow it to
significantly reduce clients’
business risk while optimizing
their use of technology for
business advantage. Ascend
delivers high-quality,
best-of-breed, competitive
solutions while reducing
development time and expense.
Clients include Fortune 1000,
mid-market, and emerging
companies with critical,
revenue-dependent business
initiatives and complex IT
infrastructures.
For
more information: /www.ascendconsult.com
About Software Magazine, The IT
Software Journal, and
Softwaremag.com:
Software Magazine, The IT
Software Journal, has been a
brand name in the high tech
industry for over 20 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 23rd year. Software
Magazine and Softwaremag.com are
owned and operated by King
Content Co.
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