Edgewater is a leading strategic consulting firm that focuses onhelping companies drive transformational change
Wakefield, MA -- September 29, 2011 -- Edgewater Technology, Inc. (NASDAQ: EDGW, http://www.edgewater.com/, “Edgewater” or the “Company”), a consulting firm that implements transformational projects that provide a high rate of return, today announced its inclusion in Software Magazine’s Software 500 ranking of the world’s largest software and service providers, now in its 29th year.
Edgewater was ranked 271, with software revenue of over $82 million.
“Our consistent presence on this list is gratifying,” said Shirley Singleton, Chairman, President and CEO of Edgewater. “We are leveraging commercially available software products, in conjunction with our vertical expertise, to develop next generation custom solutions. The drive to accelerate product-based consulting is a natural offshoot from our historic custom development offerings. To that end, Edgewater has been steadily building additional product competencies in the Microsoft, Oracle and SAP channels."
“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,” says John P. Desmond, editor of Software Magazine and 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 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. 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.
Edgewater is a strategic consulting firm that brings a synergistic blend of advisory and product-based consulting services to our client base. Headquartered in Wakefield, Massachusetts, we work with clients to reduce costs, improve process and increase revenue through the judicious use of technology. To learn more, visit edgewater.com or call 800-410-4014.
Digital Software Magazine, the Software Decision Journal, has been a brand name in the high-tech industry for more than 35 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.