Intetics among World’s Largest Software Companies
Online PR News – 10-October-2013 – Chicago, Illinois – Intetics is proud to announce its fourth inclusion in Software Magazine’s Software 500, an annual ranking of the world’s largest software and services providers. The annual list, currently in its 31st edition, evaluates companies based on their revenue growth. Intetics was ranked #440 on the list, alongside companies such Microsoft, Oracle, HP, and Adobe Systems.
The Software 500 ranking is based on an annual evaluation of the world’s largest companies and their revenue for 2012. This includes revenue from software licenses, maintenance and support, training, and software-related services, and consulting. Intetics was ranked #440, with annual growth of 34.04%. The growth rate was up by almost 10% from last year, which was 26.1%. Intetics was among the 97 companies, or 19.4% of private companies listed in the Software 500. Founder and President of Intetics, Boris Kontsevoi, said, “We are honored to be listed as one of the largest software outsourcing companies. We are proud of our achievements, but as always, we are looking ahead to see how we can improve our services and customer satisfaction in the future.”
“The Software 500 helps CIOs, senior IT managers, and IT staff research and create the short list of business partners,” the Editor of Software Magazine, John P. Desmond says. “It is a quick reference of vendor viability. And the online version posted at www.softwaremag.com, is searchable by category, making it what we call the online catalog to enterprise software.” According to the financial information collected, Desmond writes that the industry experienced an overall growth of 4.5%, reaching estimated total revenue of $672.9 billion. For the 2012 fiscal year, the employment growth was calculated at 9.5%. Companies were also seen visibly investing in the future, with 12.7% revenue going to Research and Development. Intetics is excited to be part of this growing industry, and is looking forward to taking on the new challenges of the upcoming year – and turn them into growth.
About Software Magazine and Rockport Custom Publishing
Software Magazine has been a brand name in the high-tech industry for more than 37 years. Softwaremag.com, its Web counterpart, is the online guide 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 Rockport Custom Publishing. For more information visit www.softwaremag.com.
About Intetics Co.
Intetics Co. is a leading global sourcing company focused on establishing and operating remote dedicated teams for application development, systems integration, engineering, data processing and back office support. Based on its unique, proprietary business model of Remote In-Sourcing®, Intetics has successfully served as the technology partner for over 200 firms worldwide from variety of industries like Finance, Insurance, Education, Automotive, Hi-Tech, Logistics, Telecom and others, helping them solve their business challenges with minimal effort and maximum efficiency. Intetics is ISO 9001 (Quality) and ISO 27001 (Security) certified and Microsoft and Oracle Gold Partner. The company’s innovation and growth achievements are reflected in winning prestigious Deloitte Technology Fast 50, Inc 500, CRN 100, Software 500 and European IT Excellence awards and inclusion into the Top 100 Global Emerging Service Providers and Top 100 Global Outsourcing Companies lists. You can find more information at www.intetics.com