10 Apr 2010
Expert System, the leading provider of semantic software that searches, discovers, classifies and interprets text information, today announced its inclusion in Software Magazine’s Software 500 ranking of the world’s largest software and service providers, now in its 28th year. Expert System was ranked 374, a significant leap in ranking from 411 in 2009 and 426 in 2008.
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. Nearly 47% percent of the 2010 Software 500 companies are privately held.
“The 2010 Software 500 results show that revenue growth in the software and services industry was healthy, with total Software 500 revenue of $491.7 billion worldwide for 2009, representing virtually flat growth from the previous year,” says John P. Desmond, editor of Software Magazine and Softwaremag.com.
“The Software 500 helps CIOs, 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 http://www.softwaremag.com/, is searchable by category, making it what we call the online catalog to enterprise software.”
“Expert System’s improved ranking in this year’s Software 500 list supports the increased recognition in the value of semantic software,” said J. Brooke Aker, CEO, Expert System USA. “As the demand for business technology remains high, we aim to provide software that enables enterprises to get the most value out of content and information that is applicable to their business by providing the best in search, comprehension and analytical technology.”
Go to http://www.softwaremag.com/ and click on Subscribe to be among the first to see the 2010 Software 500, available in mid-September.