VFA Named to Software Magazine's 24th Annual Software 500 for Fourth Consecutive Year.Industry-leading Facilities Capital Planning Software Provider Boasts 36 Percent Growth in Software License Revenue in Ranking of 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 BOSTON -- VFA VFA volatile fatty acids. (R), Inc., the leading provider of end-to-end solutions (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. for facilities capital planning and asset management, has been named for the fourth consecutive year to the Software 500, Software Magazine's list of the world's foremost software and services providers. VFA was ranked 431st this year, reflecting an increase in software product revenues of more than 36 percent from 2004 to 2005, and of more than 500 percent over the past four years. By expanding existing customer relationships and adding more than 30 new accounts, VFA grew its total sales from the previous year by more than 70 percent, to $23 million. "We are honored that Software Magazine has recognized VFA's achievements for the fourth straight year," said Jerry Kokos, President 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 VFA, Inc. "VFA continues to build on our success in providing solutions that enable organizations to strategically manage their facility capital assets capital assets n. equipment, property, and funds owned by a business. (See: capital, capital account) . Our revenue and sales growth speaks to the growing adoption of our feature-rich, Web-based solutions that promote optimal decisions about capital investments." VFA's software suite is part of its award-winning, technology-based Capital Planning and Management Solution (CPMS CPMS Centre Psycho-Médico-Social (Belgium) CPMS Client Process Monitoring System (Oregon DHS) CPMS Chronic Progressive Multiple Sclerosis CPMS Civilian Personnel Management Services [TM]) that integrates facility assessments, software products and business consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" to aid organizations in strategically managing every stage of the capital asset lifecycleCofrom requirements gathering and long-term planning to capital budget creation and spend management. The VFA software suite includes: * VFA.facility(R) enables organizations to manage information about facility assets and leverage that information for capital projects, plans and budgets. * AssetFusion(R) for Maximo(R) links VFA.facility with MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. [TM] Software's Maximo, integrating work order, inventory, procurement and service management. * VFA.auditor[TM] helps organizations to quickly and cost-effectively evaluate the condition of their facility portfolio by guiding personnel in facility audits. * Mezzia[TM] enables organizations to manage the entire capital spending capital spending Spending for long-term assets such as factories, equipment, machinery, and buildings that permits the production of more goods and services in future years. process, streamlining capital budget creation, requisition A written demand; a formal request or requirement. The formal demand by one government upon another, or by the governor of one state upon the governor of another state, of the surrender of a fugitive from justice. The taking or seizure of property by government. processing, purchasing and reconciliation of expenditures. "Overall, total 2006 Software 500 revenue of $380.8 billion worldwide for 2005 represents just under a 1 percent decline from the previous year, when total revenue was $383.3 billion," says John P. Desmond, Editor of Software Magazine and Softwaremag.com. "Total employees in the 2006 Software 500 declined just under 5 percent, from 2,663,023 at the end of 2004 to 2,539,872 at the end of 2005." 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 Software 500 is searchable by primary business sector on www.Softwaremag.com, free to all site registrants. About Software Magazine, The IT Software Journal and Softwaremag.com Software Magazine, the IT software journal, has been a brand name in the high tech industry for over 20 years. Softwaremag.com, its Web counterpart, is the 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. 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. About VFA Headquartered in Boston, VFA, Inc. is the leading provider of end-to-end solutions for facilities capital planning and asset management. VFA's Capital Planning and Management Solution (CPMS[TM]) uniquely combines facility assessment services, Web-based software, and business consulting services to enable clients to manage every stage of the capital asset lifecycleCofrom requirements gathering and long-term planning to capital budget creation and spend management. VFA has helped over 300 organizations in education, federal, state and local government, healthcare and corporate markets to strategically manage more than two billion square feet of real estate. For more information, please call 800-693-3132 or visit http://www.vfa.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion