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Artezio on Software Magazine’s 31st Annual Software 500 List Again

Posted on Sep 10, 2013

In 2013 Artezio was included in Software Magazine’s 30th Annual Software 500 ranking for the fourth time in a row.

It’s the fourth time Artezio attends the Software Magazine survey and reaches the Software 500 ranking of the world’s largest software enterprises as well. This year the company improved its position by 39 points, which proves that Artezio chose the right way of its business development and grows significantly faster than global IT industry on average. Such a rise is caused by several reasons including establishment of a new department of banking solutions that attracts and serves big corporate clients from financial segment, a number of new projects in public sector and an R&D activity of the company resulted in five in-house software products this year.

About the rating

The Software 500 2013 is based on the total worldwide software and services revenue of IT companies in 2013. The revenue also includes revenues from software licenses, maintenance and support, training and software-related services and consulting. The total revenue of each company is not ranked, since many companies have other lines of business, such as hardware manufacturing, etc.