TIBCO Named to Software Magazine's 31st Annual Software 500
Software Magazine Ranks TIBCO as One of the World's Largest Software
PALO ALTO, CA -- (Marketwired) -- 09/16/13 -- TIBCO Software Inc.
(NASDAQ: TIBX) today announced its inclusion in the 2013 Software
Magazine Software 500 ranking of the world's largest software and
service providers, now in its 31st year.
TIBCO's inclusion in the list reflects the $1.025 billion total
software and services revenue and 11 percent growth rate the company
experienced last year.
"TIBCO is honored that the support of our customers and partners has
placed us on this prestigious list for the fourth year in a row,"
says Matt Langdon, CFO at TIBCO. "TIBCO technology allows our
customers to better understand, anticipate and act on opportunities
that lie in big data -- whether it's offering personalized cross-sell
offers to loyal customers in real time, preventing fraud before it
happens, or more effectively streamlining global supply chains. We
call this the Two-Second Advantage, and it is a powerful
differentiator for our customers in a big data world."
"The 2013 Software 500 results show that employment in the software
and services industry was very healthy, increasing 9.5 percent to
total Software 500 company employment of 4,924,121," says John P.
Desmond, editor, Software Magazine. "At the same time, overall
revenue was up four percent from last year to $672.9 billion," he
"The Software 500 helps CIOs, senior IT managers, and IT staff
research and create the short list of business partners," 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."
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.
Go to www.softwaremag.com to subscribe and be among the first to see
the 2013 Software 500. It is released in the September issue, as both
a print and digital publication, which is distributed on September 9,
The ranking is based on total worldwide software and services revenue
for 2012. This includes revenue from software licenses, maintenance
and support, training, software-related services, and consulting.
Suppliers are not ranked on total corporate revenue, since many have
other lines of business, such as hardware. Financial information is
gathered by a survey prepared by Rockport Custom Publishing, LLC.
using public documents and company input. It is published in print as
well as posted online at www.softwaremag.com as both a digital
edition and searchable database.
About Software Magazine and Rockport Custom Publishing
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
Rockport Custom Publishing is a leading integrated media company
focusing on technology. For more information, visit:
About TIBCO Software
TIBCO Software Inc. (NASDAQ: TIBX) is a
provider of infrastructure software for companies to use on-premise
or as part of cloud computing environments. Whether it's efficient
claims or trade processing, cross-selling products based on real-time
customer behavior, or averting a crisis before it happens, TIBCO
provides companies the two-second advantage(R) -- the ability to
capture the right information, at the right time, and act on it
preemptively for a competitive advantage. More than 4,000 customers
worldwide rely on TIBCO to manage information, decisions, processes,
and applications in real time. Learn more at www.tibco.com.
TIBCO, two-second advantage, and TIBCO Software are trademarks or
registered trademarks of TIBCO Software Inc. or its subsidiaries 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
TIBCO Media Contacts:
Software Magazine Contacts:
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