IBA Group Named to Software Magazine’s 31st Annual Software 500

IBA Group announces its inclusion in Software Magazine’s Software 500 ranking of the world’s largest software and service providers, now in its 31st year.

IBA Group was ranked 286, with a total software and services revenue of $90.2 million. In 2012, IBA Group was ranked 288, with software revenue of $84.4 million.

“The 2013 Software 500 results show that employment in the software and services industry was very healthy, increasing 9.5 percent to total Software 500 company employment of 4, 924, 121,” says John P. Desmond, editor, Software Magazine. “At the same time, overall revenue was up four percent from last year to $672.9 billion,” he adds.

“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 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.

The ranking is based on total worldwide software and services revenue for 2012. This includes revenue from software licenses, maintenance and support, training, and software-related services, and consulting. Suppliers are not ranked on total corporate revenue, since many have other lines of business, such as hardware. Financial information is gathered by a survey prepared by Rockport Custom Publishing, LLC. using public documents and company input. It is published in print as well as posted online at www.softwaremag.com as both a digital edition and searchable database.

Source: IBA
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