PALO ALTO, CA--(Marketwire - Oct 25, 2012) - TIBCO Software Inc. (
TIBCO's total revenue puts it in the top 16 percent of the Software Magazine list. For fiscal year 2011, TIBCO's total revenue was $920.2 million, reflecting a 22 percent growth rate from the previous year.
"We are proud to be included in this distinguished list for the third year in a row, and even more so, to continuously rank higher than the last," said Raj Verma, CMO, TIBCO. "Everything is different... the effects of our technology are everywhere and it is getting exceedingly harder to not to notice how businesses are transforming into event-enabled enterprises and responding to today's cloud, mobile, social and big data challenges using the integrated TIBCO platform."
"The 2012 Software 500 results show that revenue growth in the software and services industry was again healthy, with total Software 500 revenue of $643.6 billion worldwide for 2011, representing approximately 17 percent growth from the previous year's list," says John P. Desmond, editor, Software Magazine.
"The Software 500 helps CIOs, senior IT managers, and IT staff research and create the short list of business partners," says Desmond. "It is a quick reference of vendor viability. And the online version, at www.softwaremag.com, is searchable by category, making it what we call the online catalog to enterprise software."
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 2011. This includes revenue from software licenses, maintenance and support, training, and software-related services and consulting. Suppliers are not ranked on total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by Rockport Custom Publishing, LLC. and posted at www.softwaremag.com, as well as from public documents.
TIBCO Software Inc. (
About Software Magazine and Rockport Custom Publishing
Software Magazine has been a brand name in the high-tech industry for more than 36 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.
Rockport Custom Publishing is a leading integrated media company focusing on technology. For more information, visit: www.rockportpubs.com.
TIBCO, two-second advantage, and TIBCO Software are trademarks or registered trademarks of TIBCO Software Inc. in the United States and/or other countries. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification purposes only.