Press Release
SofterWare Inc. Named to Software Magazine’s 29th Annual Software 500
Software Magazine Ranks SofterWare as one of the World’s Largest Software Companies
October 6, 2011 – SofterWare today announced its inclusion in Software Magazine’s Software 500 ranking of the world’s largest software and service providers. Having recently completed its 30th year, SofterWare was ranked 383, with software revenue of $21.3 million.
“We are once again pleased to be recognized by Software Magazine,” said Douglas Schoenberg, SofterWare’s CEO and Co-Founder. He added, “Our strong growth continues to be a testament to the hard work of our dedicated employees, and our commitment to helping our customers achieve greater productivity and professionalism with products and services that provide an outstanding value.”
“The 2011 Software 500 results show that revenue growth in the software and services industry was healthy, with total Software 500 revenue of $541.5 billion worldwide for 2010, representing approximately 10 percent growth from the previous year’s list,” says John P. Desmond, editor of Software Magazine and Softwaremag.com.
Mr. Schoenberg noted, “We expect our business growth to continue to be strong with the release of new versions of our software, which are already receiving high praise from our clients and from independent organizations such as the Campbell Award for exceptional customer value and the NTEN/Idealware Fundraising Software Comparisons. In addition, we continue to have great success with our innovative tools for credit card and electronic payment processing that our being driven by our clients’ desire to improve efficiency with secure, cost-effective and PCI-compliant ways to facilitate e-commerce and payment processing.”
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. Some 27 percent of the 2011 Software 500 companies are privately held. More than 100 companies are on the list in 2011 for the first time, a reflection of the dynamic nature of the industry.
The ranking is based on total worldwide software and services revenue for 2010. This includes revenue 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.
About Digital Software Magazine and Softwaremag.com
Digital Software Magazine, the Software Decision Journal, has been a brand name in the high-tech industry for more than 35 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. Software Magazine and Softwaremag.com are owned and operated by King Content Co.
Media Contact
About SofterWare, Inc.
SofterWare, the parent company of DonorPerfect Fundraising Software, has been developing and supporting software that is easy to learn, use, and customize since 1981. For over 30 years, SofterWare has grown exponentially from a small entrepreneurial business to a $40 million+ company with over 10,000 nonprofit, childcare, camp, school, and payment processing clients.
Media Contact
Sam Goldenberg
(215) 542-4390 x233
[email protected]