Allegiance Ranked Among Top 10 Revenue Growth Leaders In Software Magazine’S 2010 Software 500
– Software Magazine names Allegiance as one of the fastest growing software companies –
SALT LAKE CITY – October 6, 2010 – Allegiance Inc., a leading provider of Voice-of-the-Customer (VOC) solutions, today announced its inclusion on Software Magazine’s 28th Annual Software 500 ranking of the world’s largest software and service providers. The annual ranking includes software companies ranging from two to greater than $100 million in revenue.
Allegiance was ranked 461 overall in revenue terms, which reflects a 151.4% software revenue growth rate from 2008 to 2009. The ranking positioned Allegiance as number two in the Top 10 Growth Chart of companies in its revenue category as well as number four in the Top 10 in Software/Services Revenue Growth category for the overall Software 500. Allegiance also ranked as number four in the list of Top R&D Spenders for the entire Software 500.
“Our triple-digit growth reflects the success of Allegiance’s approach to Voice-of-the-Customer that gives companies an advantage by identifying customer insights in real time,” stated Adam Edmunds, president and CEO of Allegiance. “The Software 500 is a validation of our continued focus on helping organizations drive growth and increase profitability through improved customer and employee loyalty and engagement. We are honored to be recognized and thank our employees and customers for helping us to be included on this prestigious list.”
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.
“The 2010 Software 500 results show that revenue growth in the software and services industry was healthy, with total Software 500 revenue of $491.7B 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. It is a quick reference of vendor viability.”
Founded in 2004, Allegiance offers the Engage platform that continually collects the voice of customers and employees in real-time through multiple channels including social media, comments on blogs, email, web-based forms, point-of-sale receipts, telephone and mobile devices into a central database for analysis and action. Allegiance solutions are preferred by a growing customer base of Fortune 500 companies.
For the complete 2010 Software 500 list, 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. Software Magazine and Softwaremag.com are owned and operated by King Content Co.