Software Magazine Ranks PLANON as one of the World’s Largest Software Companies
Boston, MA, Oct. 10, 2007 - Planon today announced its inclusion on the Software Magazine’s Software 500 ranking of the world’s largest software and service providers, now in its 25th year.
Planon is a Global Leader in Integrated Workplace Management Systems (IWMS) and was ranked 300-309, with software revenue of $27,900,000. Planon invests between 20-25% of the total corporate revenue on R&D yearly.
“The 2007 Software 500 results show that growth in the software and services industry was healthy from 2006 to 2007, the ranking year. The industry continues to be dynamic with more than 98 new companies on the list this year for the first time,” says John P. Desmond, editor of Software Magazine and Softwaremag.com. “The Software 500 helps CIOs, senior IT managers and IT staff research create the short list of business partners,” Desmond says. “It is a quick reference of vendor viability. That is content of value.”
Some 37 percent of the 2006 Software 500 companies are privately held of which Planon is one.
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.
The ranking is based on total worldwide software and services revenue for 2006. 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 and posted at www.Softwaremag.com, as well as from public documents.
About Planon
Planon is a global software provider of Integrated Workplace Management Solutions (IWMS), enabling corporate customers to cut costs and add value by centralizing and automating all their enterprise real estate and facilities management operations. The Planon series of solutions include Facility and Space Management, Operations and Maintenance Management, Project Management and Real Estate Portfolio Management. In business for more than 25 years, Planon has more than 1,300 clients in 16 countries. The Company’s U.S. Headquarters is located in Braintree, Massachusetts.
Media Contact:
Heather Moses
Planon, Inc.
media@planonsoftware.com
+1-781-356-0999