The worldwide distribution of application development, maintenance and management services of all kinds is evident in the results of the 2007 Software 500 survey. More companies list system integration services/IT consulting — including a number of offshore services providers — as their primary business sector. System integration was cited by 29 Software 500 companies as their primary business sector, and employment in that sector increased 15% from 2005 to 2006, the survey ranking year.
Overall, total 2007 Software 500 revenue of $394 billion worldwide for 2006 represents growth of 3.5% from the previous year, when total Software 500 revenue was $381 billion.
The software industry remains among the most important in the knowledge worker economy, evidenced by the growth in total employees in the 2007 Software 500, which rose 14.7% to 2,914,480. Software is projected to be the third fastest-growing industry in the U.S. economy over the next decade, according to the Bureau of......
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Approximate Pages: 9 (260 words per double-spaced page) |