Press Releases

Today Iasta announced a repeat appearance on Software Magazine's Annual Software 500. Iasta was ranked 478 in the overall list for 2009 and reached the top 10 for companies with $5- $10 million in revenues.  "Our revenues reflect a 74% growth rate since the last measurement period. More companies are adopting SmartSource SRM as their eSourcing and spend management tool and we're honored to be recognized by Software Magazine." says David Bush, CEO of Iasta. "Iasta's eSourcing software and services help companies squeeze more value out of every dollar they spend. This is especially important in today's economic environment."

"The 2009 Software 500 results show that revenue growth in the software and services industry was healthy, with total Software 500 revenue of $491.3 billion worldwide for 2008 representing 8.8% 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," Desmond says. "It is a quick reference of vendor viability. And the online version to be posted soon at www.Softwaremag.com is searchable by category, making it what we call the online catalog to 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.

Go to www.Softwaremag.com and click on Subscribe to be among the first to see the 2009 Software 500. It is being released first in the digital publication to be distributed in mid-September.  

The ranking is based on total worldwide software and services revenue for 2008. This includes revenues 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.

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. Software 500 Contact:  Tracy Kunichika  (Software 500 Project Leader), Tracyk@softwaremag.com.

About Iasta

Iasta® is a proven leader of Enterprise Spend Management through SRM Best Practices. Founded in 2000, Iasta helps organizations solve traditional business problems in new ways by providing its customers with cutting-edge tools for making strategic decisions on how to save and spend their valuable resources. Iasta's flagship product, SmartSource SRM®, is the cornerstone to any effective supplier relationship management strategy as it enables companies to analyze, source and optimize business decisions. Our approach to procurement, Cloud Sourcing™, ensures ongoing success by bringing together people, proven processes, and technology into a scalable, turn-key solution that addresses not only traditional purchasing needs, but any kind of complex spend anywhere in the enterprise. The Iasta Consulting Group combines deep sourcing experience with technical knowledge and high levels of customer service to help companies maximize every dollar they spend on goods and services. For more information, please visit www.iasta.com or call +1.317.594.8600.

Iasta continuously attends, exhibits and hosts Spend Management related conferences throughout the year to expand our network with other sourcing professionals and stay current with the latest industry knowledge and best practices.

Iasta Conference Schedule for 2010

• February 24-25 (Birmingham, UK): eWorld Purchasing & Supply 
  
• April 25-28 (San Diego, CA): ISM International Supply Management
• June 30-July 1 (Chicago, IL): reSource '10
• August 18 (Procurement Leaders): Iasta Sponsored Executive Webinar
• September 21-22 (London, England): Euro reSource '10
• September 28-29 (London, England): eWorld Purchasing & Supply
• September 29 (Boston, MA): Procurement Leaders
• October 4-5 (Philadelphia, PA): reSource '10
• October 14 (Amsterdam): Procurement Leaders
• October 19-20 (San Francisco, CA): reSource '10
• November 15 (Boston, MA): Executive reSource '10
• November 16-17 (Boston, MA): Aberdeen Group's CPO Summit