Software Magazine Ranks IBA Group as Major Software Company
IBA Group announced its inclusion in Software Magazine's Software 500 ranking of the world's largest software and service providers, now in its 30th year.
IBA Group was ranked 288, with software revenue of $84.4 million, reflecting a 10.9% growth rate.
“The 2012 Software 500 results show that revenue growth in the software and services industry was again healthy, with total Software 500 revenue of $643.6 billion worldwide for 2011, representing approximately 19 percent growth from the previous year's list,” says John P. Desmond, editor, Software Magazine.
“The Software 500 helps CIOs, senior IT managers, and IT staff research and create the short list of business partners,” says Desmond. “It is a quick reference of vendor viability. And the online version, posted 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 2011. 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. The financial information was gathered by a survey prepared by Rockport Custom Publishing, LLC. and posted at www.softwaremag.com, as well as from public documents.
About Software Magazine and Rockport Custom Publishing
Software Magazine has been a brand name in the high–tech industry for more than 36 years. Softwaremag.com, its Web counterpart, is the online guide to enterprise software and the home of the Software 500 ranking of the world's largest software and services companies. Software Magazine and Softwaremag.com are owned and operated by Rockport Custom Publishing.