November 2017 – TEAM International is happy to announce that it is listed in Software Magazine’s 35th annual Software 500 ranking. It is the fourth time TEAM has been included in the prestigious listing as one of the 500 largest international software and services’ companies. The ranking is based on the revenue from the 2016 fiscal year.
Celebrating its 35th anniversary, the ranking presents the Top 500 Software Companies worldwide. According to the ranking, TEAM International corporate growth from 2015 to 2016 was 4.99%, closing 2016 with an R&D investment equivalent to 43.03% of the total revenue.
Thomas Moore, Sr. VP of Business Development says: “We are proud to again be recognized as one of the largest software providers. TEAM International is a constantly developing and dynamically evolving company. We strive to deliver high-quality innovative solutions and this ranking shows that we are headed in the right direction.”
The Software Magazine is not only recognizable in high-tech due to the ranking, but also for showing the trends in technology, providing useful insights for developers and software companies on a broad variety of topics, and overall reporting on the growth and changes in the technology industry.
According to Software Magazine, this year the overall software and software services revenue reaches $834 billion, which is 3.49% more, compared to the same period in 2016 ($804 Billions).
For more information about the Software 500 ranking please read Software magazine‘s editorial article.