Engineering Simulation Software Developer Makes List of World\'s Largest Software Companies
SOUTHPOINTE, Pa., Nov 16, 2009 (BUSINESS WIRE) -- ANSYS, Inc. (NASDAQ: ANSS), a global innovator of simulation software and technologies designed to optimize product development processes, today announced that it has been named to the Software Top 100(TM), the leading and independent online overview of the world\'s largest software companies. For the 2009 list, ANSYS placed at 75.
To compile the annual Software Top 100 ranking, software companies are ranked according to their revenues coming from \"prepackaged\" software sales. Revenues from subscription and support activities (also called \"maintenance\" contracts) are included; revenues from service activities such as consultancy, training, custom software development and system integration are excluded.
The list is used primarily by the software industry for market and competitive analysis. \"ANSYS first appeared in the Software Top 100 in 2007, at position 92,\" said Balder Verberne, Software Top 100 editor. \"The company is consistently growing faster than other large software companies; it climbed to position 79 in 2008 and position 75 in the current ranking.\" For the current year, revenue growth at ANSYS was 25 percent, while the growth of all companies that made the list was \"18 percent on average in defiance of the economic crisis,\" the editor added.
\"It is certainly an honor to be named among the world\'s largest software companies,\" said Jim Cashman, president and CEO of ANSYS, Inc. \"Even in the face of a global recession and prolonged sales cycles, ANSYS has continued its steady performance. By turning the challenges of the last year into opportunities, ANSYS has maintained its decade-long focus on long-term performance.\"
About Software Top 100
The Software Top 100, first published online in 2003, is the leading and independent overview of the world\'s largest software companies, ranked by annual software revenues. The list is compiled by the Netherlands-based Top 100 Research Foundation, a not-for-profit foundation solely dedicated to researching and publishing information about the software industry. Over 70,000 websites and online magazines from all over the world link to www.softwaretop100.org as a reference for objective software industry information.
About ANSYS, Inc.
ANSYS, Inc., founded in 1970, develops and globally markets engineering simulation software and technologies widely used by engineers and designers across a broad spectrum of industries. The Company focuses on the development of open and flexible solutions that enable users to analyze designs directly on the desktop, providing a common platform for fast, efficient and cost-conscious product development, from design concept to final-stage testing and validation. The Company and its global network of channel partners provide sales, support and training for customers. Headquartered in Canonsburg, Pennsylvania, U.S.A., with more than 60 strategic sales locations throughout the world, ANSYS, Inc. and its subsidiaries employ over 1,600 people and distribute ANSYS products through a network of channel partners in over 40 countries. Visit www.ansys.com for more information.
ANSYS, ANSYS Workbench, Ansoft, AUTODYN, CFX, FLUENT, and any and all ANSYS, Inc. brand, product, service and feature names, logos and slogans are registered trademarks or trademarks of ANSYS, Inc. or its subsidiaries in the United States or other countries. All other brand, product, service and feature names or trademarks are the property of their respective owners.
SOURCE: ANSYS, Inc.
Kelly Wall, 724-514-3076
Annette Arribas, 724-514-1782
Copyright Business Wire 2009
Date: November 16, 2009