September 27, 2004
- Nashua, NH
Pragmatech Software, Inc., the leading provider of sales productivity and proposal automation applications, today announced its inclusion on the Software 500, Software Magazine's list of the world's foremost software and services providers, published as an online catalog on www.Softwaremag.com. 2004 marks the fifth time the company has been named to the list.
“The entire Pragmatech organization is extremely honored to be named again to the prestigious Software 500 list,” said Brooke Savage, CEO, Pragmatech Software, Inc. “Our extremely dedicated and continuously expanding customer base and our commitment to providing world-class highly effective sales productivity and proposal automation solutions that address the document generation needs of enterprise sales, proposal, and marketing teams has served as the foundation for Pragmatech’s tremendous growth over the last few quarters. With new solution offerings poised for release, we are positioned for even further expansion in key vertical and geographic markets. ”
“The software industry remains extremely dynamic, with 140 new companies appearing on the 2004 Software 500 list. Overall results were mixed but total revenue for the 500 was up 14% and total employment up 8%,” says John P. Desmond, Editor of Software Magazine and Softwaremag.com. “Strong sectors this year include security, business process management, and system integration services, including outsourcing services. Site visitors will notice changes to the Software 500 online this year making it easier to navigate. Our aim is to provide a valuable service to CIOs, senior IT managers and IT staff by enabling them to research their partner options."
The Software 500 is a revenue-based ranking of the world's largest software and services suppliers targeting enterprise IT organizations. The list includes both private and public companies; 30% of the 2004 Software 500 companies are private. The Software 500 is a worldwide list in that any company may submit financial and product information via the annual Software 500 survey, conducted 100% on the Web.
The ranking is based on total worldwide software and service revenue for 2003. This includes revenues 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. The financial information was gathered by a survey prepared by King Content Co. and posted at www.Softwaremag.com, as well as from public documents