EXTOL Named to Software Magazine's 24th Annual Software 500.Software Magazine Ranks EXTOL ex·tol also ex·toll tr.v. ex·tolled also ex·tolled, ex·tol·ling also ex·toll·ing, ex·tols also ex·tolls To praise highly; exalt. See Synonyms at praise. as One of the World's Largest Software Companies The Forbes Global 2000 includes the following list of the world's largest software companies. Relative rank Global rank Name Country Sales ($bil) Profits ($bil) Assets ($bil) Market Value ($bil) 1 54 Microsoft United States FRANKLIN LAKES, N.J. -- EXTOL International 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 Similar to an online library or databases in the information storage respect, ‘’’online catalogs’’’ allow potential customers to browse a company’s items for sale from a different location using the internet. at www.Softwaremag.com. EXTOL was ranked 400, with software revenue of $8.3 million. "The 2006 Software 500 results show that growth in the software and services industry was flat from 2004 to 2005. The industry continues to be dynamic with more than 90 new companies on the list this year," said John P. Desmond, editor of Software Magazine and Softwaremag.com. "Strong segments this year included security and system integration services. While much of the growth is coming from outside the U.S. in the services segment, the flattening world effect is sending some of it back too. "Total employee head count is down from the previous year's Software 500, reversing a growth trend. The industry produced about the same revenue with fewer employees," Desmond said. "The Software 500 helps CIOs, senior IT managers and IT staff research and create their short list of perspective business partners," Desmond said. "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. 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. "Supply chain participation has moved beyond meeting the requirements of a send-and-receive, transaction-based relationship," explained Anthony Baran, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Extol. "Today's supply chain requirements are for a complex collaboration between supplier and customer, in which both parties add value to the processes for mutual improvements in operational efficiency, order fulfillment Order fulfillment (in BE also: order fulfilment) is in the most general sense the complete process from point of sales inquiry to delivery of a product to the customer. Sometimes Order fulfillment accuracy and financial performance. Extol focuses on mid-market companies facing the need to address their internal synchronization (1) See synchronous and synchronous transmission. (2) Ensuring that two sets of data are always the same. See data synchronization. (3) Keeping time-of-day clocks in two devices set to the same time. See NTP. of systems, processes and applications, as well as the framework for collaboration across multiple enterprises, in both their supply and demand chains. "Our 2005 revenue was largely driven by traditional supply chain mandates for EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. , data synchronization Keeping data in two or more computers up-to-date so that each repository contains the identical information. Data in handheld devices and laptops often require synchronization with the data in a desktop machine or server. , secure Internet connectivity (AS2) and new XML-based initiatives," stated Baran. "Throughout 2006, many of our new product sales have been to companies adopting new internal business processes and systems to support more accurate forecasting, improved inventory management and efficient management of their relationships with suppliers, partners and customers." The 2006 Software 500 is being released first in the digital publication, www.Softwaremag.com, to be posted at a later date, and is searchable by primary business sector. The ranking is based on total worldwide software and services revenue for 2005. This includes revenues from software licenses In computing, software that is copyrighted and licensed under a software license is done under a variety of licensing schemes. For end-users there are proprietary licenses and there are free software licenses, and there are proprietary Within these schemes are further classifications. , 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. About EXTOL EXTOL International, Inc. is a leading provider of B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business integration application software for resource constrained companies who want to integrate demand driven supply chains. Extol solutions are ready-to-use applications that target multiple B2B and internal challenges with a common integration platform that empowers existing IT teams to respond rapidly to new business opportunities and demands. Extol solutions are also available preconfigured Set up ahead of time. It implies that the device or software application has been modified to suit the customer or situation. See ghosting server. to address specific electronic commerce applications including EDI, AS2, XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. , data synchronization (1SYNC) and the integration and management capabilities required to take full advantage of supply chain functionality. For more information, visit www.extol.com. About Digital Software Magazine, the Software Decision Journal, and Softwaremag.com Digital Software Magazine, the Software Decision Journal, has been a brand name in the high-tech industry for nearly 30 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, now in its 24th year. Software Magazine and Softwaremag.com are owned and operated by King Content Co. |
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