NuView Systems today announced its inclusion on Software Magazines Software 500 ranking of the world’s largest software and services providers, now in its 26th Year
“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.
“While this was true for the industry at large, NuView increased its headcount by 100% in 2007”, added Shafiq Lokhandwala, CEO at NuView Systems. “We are delighted to be named to this prestigious list of global software providers and look forward to our continued upward march in the rankings as we grow our revenues.”
“The Software 500 helps CIO’s, 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.” Some 42 percent of the 2007 Software 500 companies are privately held.
NuView Systems has consistently been named to the Software 500 in each of the past five years.
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