PITTSBURGH, Sept. 20, 2012 /PRNewswire/ -- For the sixth consecutive year, Software Magazine ranked ANSYS (NASDAQ: ANSS) as one of the world's largest software companies in its index of software and services suppliers. This year's Software 500 index positioned ANSYS at 107th place in recognition of 2011 software and services GAAP revenue of $691.4 million.
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. This year's version is based on figures for total worldwide software and services revenues for the calendar year 2011, or closest fiscal year ending in 2011. Designed to assist software buyers, investors and stakeholders in their decisions, the index includes revenues from software licenses, maintenance and support, training and software-related services and consulting.
"It's a great honor to be recognized in Software Magazine's Software 500 list for 2012," said Jim Cashman, ANSYS president and CEO. "With companies betting their futures on product development, the cost of being wrong and the value of being right have never been greater. Our tools are allowing our customers to not only meet, but exceed their product promises and remain successful in a competitive marketplace."
"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 17 percent growth from the previous year's list," said John P. Desmond, editor, Software Magazine.
About ANSYS, Inc. ANSYS brings clarity and insight to customers' most complex design challenges through fast, accurate and reliable engineering simulation. Our technology enables organizations ― no matter their industry ― to predict with confidence that their products will thrive in the real world. Customers trust our software to help ensure product integrity and drive business success through innovation. Founded in 1970, ANSYS employs more than 2,300 professionals, many of them expert in engineering fields such as finite element analysis, computational fluid dynamics, electronics and electromagnetics, and design optimization. Headquartered south of Pittsburgh, U.S.A., ANSYS has more than 65 strategic sales locations throughout the world with a network of channel partners in 40+ countries. Visit www.ansys.com for more information.
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