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REDWOOD CITY, Calif. - Sep 29, 2010 - Serena Software, Inc., the leader in orchestrated application development, IT and business processes, today announced its inclusion on Software Magazine's Software 500 ranking of the world's largest software and service providers, now in its 28th year. Serena was ranked 131, up eight spots from the 2009 ranking. The full report will be available at the end of September at www.softwaremag.com.
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 2009. 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.
"Serena Software is one of the most important software companies in the world," said David Hurwitz, senior vice president of worldwide marketing for Serena Software. "It's an applications-centric environment out there, and Serena's unparalleled solutions help drive the creation of those applications for more than 15,000 enterprises worldwide. Being shortlisted alongside other industry leaders is a testament to the value of our solution and validates our commitment to the success of our customers."
"The 2010 Software 500 results show that revenue growth in the software and services industry was healthy, with total Software 500 revenue of $491.7 billion worldwide for 2009, representing virtually flat growth from the previous year," says John P. Desmond, editor of Software Magazine and Softwaremag.com.
"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, to be posted soon at www.softwaremag.com, is searchable by category, making it what we call the online catalog to enterprise software."
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. Software Magazine and Softwaremag.com are owned and operated by King Content Co.
About Serena Software, Inc.
Serena Software orchestrates application development, IT and business processes for the Global 2000. Serena's unique approach to ALM and Process Management delivers solutions that power confidence and process improvement for 15,000 customers worldwide. Headquartered in Silicon Valley, Serena serves enterprise customers from 29 offices in 14 countries. Serena is a portfolio company of Silver Lake, the world's leading technology investor. For more information on Serena, visit http://www.serena.com.
Serena is a registered trademark of Serena Software, Inc. All other product or company names may be trademarks of their respective owners, and their use is intended for identification purposes only and not in association with or as sponsorship or endorsement by such owners ©2010 Serena Software, Inc. All Rights Reserved.
Software 500 Contact:
Software 500 Project Leader
Serena Software Contact:
Kulesa Faul for Serena Software