QC Software Named to Software Magazine's First Annual Software 500 Next 100
Submitted by: TR Cutler, Inc.
2008-12-23 03:00:17
QC Software Named to Software Magazine's First Annual Software 500 Next 100
(OPENPRESS) December 23, 2008 -- QC Software announced its inclusion on Software Magazine's "Software 500 Next 100" ranking of the world's largest software and services providers. This is the first year for the Next 100 of the Software 500, (now in its 26th year.)
Rich Hite, President of QC Software, the leading warehouse control system software leader notes, "We are pleased to be recognized by Software Magazine and know since supply chain and distribution budgets are being stretched by high costs, our WCS eliminates costly inefficiencies, which improve the bottom line."
"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%. Spending on research and development averaged 79% for the group. "Consistent with the goals of many technology companies who are early in their lives, these companies tend to spend a higher percentage of revenue on research and development," Desmond says.
"The Software 500 Next 100 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 to be posted soon 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 2007. This includes revenues from software licenses, maintenance and support, training and software-related services and consulting. Suppliers are not ranked on their total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by King Content Co. and posted at www.Softwaremag.com, as well as from public documents.
QC Software
The WCS solutions provided by QC Software www.qcsoftware.com enables companies to streamline their warehouse operations with the lowest total cost of ownership in the industry ensuring increased corporate profitability.
QC Software is the leading provider of Tier 1 warehouse control systems to the warehousing and distribution industries. Since 1996, QC Software, utilizing state of the art technology combined with extensive research, development, and rigorous testing, has developed the QC Enterprise suite of products. Designed to be modular in nature, easily configurable, and platform independent, this highly scalable solution satisfies the needs of any size warehouse.
QC Software, Inc.
www.qcsoftware.com
Jerry List
JerryList@qcsoftware.com
(513) 469-1424
Contact Info
TR Cutler, Inc.
Phone: 954-682-6200
Website: http://www.trcutlerinc.com
3032 S. Oakland Forest Dr.
Suite 2803
Ft. Lauderdale, FL 33309
