Oct 21, 2008
Software Magazine Ranks Infusionsoft as one of the World’s Largest Software Companies
PHOENIX, AZ, Oct. 21, 2008 – Infusionsoft, the leader in marketing automation software for small businesses, today announced its inclusion on the Software Magazine’s Software 500 ranking of the world’s largest software and service providers, now in its 26th year. Infusionsoft was ranked in the top ten companies with software revenue of $5 - $10 million.
“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 from 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 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.”
Some 42 percent of the 2007 Software 500 companies are privately held.
"Infusionsoft's inclusion in the Software 500 list is a testament to the rate at which we are growing as small businesses partner with us to grow their companies more quickly and easily," said Clate Mask, CEO of Infusionsoft. "This ranking marks our evolution from a quickly growing small company into the leagues of successful, established software vendors."
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 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.
Software 500 Contact
Software 500 Project Leader
Infusionsoft Media Contact
415-625-8555 or [email protected]
Infusionsoft is on a mission to simplify growth for millions of small businesses worldwide. Built for growth-minded small businesses, Infusionsoft provides the leading cloud-based CRM platform with 145,000 users worldwide. Unlike single-purpose tools that don’t work well together, the platform organizes all customer interactions in one place, integrating with thousands of other apps to empower small businesses to deliver more personalized service and close more business. The privately held, eight-time Inc. 500/5000 company is based in Chandler, Arizona and is funded by Goldman Sachs, Bain Capital Ventures, Mohr Davidow Ventures and Signal Peak Ventures. For more information, visit www.infusionsoft.com, or the Infusionsoft blog.