Software Magazine Ranks PeopleCube One of the World’s Largest Software Companies
FRAMINGHAM, Massachusetts—October 12, 2011—PeopleCube today announced its inclusion for the third straight year in Software Magazine’s Software 500 ranking of the world’s largest software and service providers, now in its 29th year. PeopleCube is the largest company in the workplace management market, as measured by revenue, customers, and personnel, and a top provider of real-estate and energy management solutions for small, medium, and enterprise organizations.
“The 2011 Software 500 results show that revenue growth in the software and services industry was healthy, with total Software 500 revenue of $541.5 billion worldwide for 2010, representing approximately 10 percent growth from the previous year’s list,” said John P. Desmond, editor of Software Magazine and Softwaremag.com, publishers of the Software 500.
“PeopleCube’s strong 2010 performance was a result of exceptional customer retention and outstanding growth in sales and subscription service,” said John T. Anderson, president and CEO of PeopleCube. “We’re continuing to build about this foundation with significant product and service enhancements in the areas real-estate management, space-utilization monitoring and analysis, and energy management.”
Innovation Leads to Strong Performance
Throughout 2010, PeopleCube’s groundbreaking PeopleCounter occupancy-detection solution provided customers with actual space-utilization information needed to understand how real estate is really being utilized. In conjunction with the workplace business intelligence tool, Workplace BI, PeopleCounter helps customers better monitor, measure, and analyze space-utilization trending information so they can make educated, cost-saving real-estate management decisions.
Also during 2010, PeopleCube launched two new versions of its flagship product, Resource Scheduler, incorporating into it, among numerous other enhancements, event-management capabilities and a more user-friendly interface. The year also brought innovative Outlook and Notes integration enhancements, further extending the value of the popular calendaring applications.
In 2010, the high cost of energy and the big percentage of waste made energy management increasingly important to customers and prospects. PeopleCube responded by developing the Energy Management Solutions launched soon after the close of the year. The solutions help organizations monitor and analyze energy consumption and can be integrated with building management systems to automatically control energy use.
Software 500 Speaks to Vendor Viability
“The Software 500 helps CIOs, senior IT managers, and IT staff research and create the short list of business partners,” said Desmond. “It is a quick reference of vendor viability. The online version, to be posted soon at www.softwaremag.com, is searchable by category, which is why we dub it the ‘online catalog of 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. Some 27 percent of the 2011 Software 500 companies are privately held. More than 100 companies are on the list in 2011 for the first time, a reflection of the dynamic nature of the industry.
The ranking is based on total worldwide software and services revenue for 2010. This includes revenue 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.
To be among the first to see the 2011 Software 500, visit www.softwaremag.com/register and subscribe. The Software 500 will initially be released in the digital publication, to be distributed in late September.