Alloy Software Ranked as one of the World’s Largest Software Companies
Nutley, NJ – Dec 17, 2008 – Alloy Software, Inc., a leading provider of IT service and asset management software solutions, today announced its inclusion on Software Magazine’s Software 500 Next 100 ranking of the world’s largest software and service providers. This is the first year that the Next 100 was announced and the 26th year for the Software 500 to be announced.
“Software and services companies with $5 million in revenue and below represent the next generation of bigger companies,” says John P. Desmond, editor of Software Magazine and Softwaremag.com. “We’re pleased to provide more visibility in this segment as a part of the overall research effort into the Software 500.”
The overall Next 100 group shows revenue wins and losses for the calendar or fiscal 2007 year measured for an average revenue growth rate of 27 percent. Spending on research and development averaged 79 percent for the group. The group also reported more than 3,300 employees, ranging from a reported one employee to 180.
“We are extremely honored to be ranked as one of the world’s largest software companies by such a prestigious publication like Software Magazine,” stated Vladimir Vinogradsky, President and CEO at Alloy Software. “The listing exemplifies our significant growth as a company, year-over-year, and proves that even smaller software companies can make a big impact in the market. We look forward to continuing to provide IT service and asset management software solutions to our customers.”
Alloy Software’s two core offerings – Alloy Navigator and Alloy Discovery – contributed to its selection on the Next 100 List. Alloy Navigator is a comprehensive IT service management solution based on ITIL principles. The solution offers a blend of service support, configuration management, and change management, all consolidated into a single seamless solution, focused on streamlining service processes and effectively managing the complete IT lifecycle. Alloy Discovery (formerly known as Alloy Network Inventory) is a comprehensive, budget-friendly, and easy-to-deploy network inventory solution that provides accurate and up-to-date information for every computer on a network.
“The Software 500 Next 100 List helps CIOs, senior IT managers and IT staff research and create a short list of business partners,” Desmond added. “It is a quick reference of vendor viability.”
For more information about Alloy Software’s products and services, please visit www.alloysoftware.com. For more information regarding the Next 100, please visit www.Softwaremag.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 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 26th year. Software Magazine and Softwaremag.com are owned and operated by King Content Co.
About Alloy Software
Established in 2002, Alloy Software is a leading provider of service management, asset management, and network management software solutions that help organizations of all sizes automate IT operations. The company’s flagship solution, Alloy Navigator, is a comprehensive IT service management solution based on industry principles. It includes a centralized service desk environment with integrated asset management, configuration management, and change management tools. Used worldwide, Alloy Navigator helps service and support organizations optimize IT resources, improve productivity and financial processes, ensure software license compliance and reduce costs. The company’s Alloy Discovery product is a comprehensive network inventory software solution for administrators and IT service providers designed for small and medium-sized businesses. For more information contact Alloy Software at (973) 661-9700 or visit www.alloysoftware.com.