POTTSVILLE, Pa., Nov. 17, 2015 /PRNewswire/ -- EXTOL International, a leading provider of business integration software and services, announces its thirteenth consecutive inclusion into Software Magazine's 2015 Software 500 ranking of the world's largest software and service providers. EXTOL's rank of 455 is based on total 2014 Software and Services revenue, R&D investment, and overall company growth.
The Software 500, now in it's 33rd year, 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 Software 500 helps CIOs, senior IT managers, and IT staff research and create the short list of business partners," says Thomas Tetreault, publisher/editor-in-chief, Software Magazine. "It is a quick reference of vendor viability. And the online version, to be posted this Fall at softwaremag.com, is searchable by category, making it what we call the online catalog to enterprise software."
The ranking is based on total worldwide software and services revenue from the 2014 fiscal year. This includes revenue from software licenses, maintenance and support, training, 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 softwaremag.com as both a digital edition and searchable database.
"We are honored to be mentioned alongside such a prestigious list of global software companies," said Jim Albright, Vice President of Marketing at EXTOL. "We saw a 5.4% increase in market share in 2014, and are expecting a strong close to 2015 following a positive response to major releases of all our integration products."
SOURCE EXTOL International