Science & Technology
Science and Technology
Science and Technology
Fri, October 1, 2010
Thu, September 30, 2010
Blackbaud Named to Software Magazinea?s 28th Annual Software 500
CHARLESTON, S.C.--([ BUSINESS WIRE ])--Blackbaud, Inc. (Nasdaq: BLKB), the leading global provider of software and services designed specifically for nonprofit organizations, announced its inclusion on Software Magazinea™sSoftware 500 ranking of the worlda™s largest software and service providers, now in its 28th year.
"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."
Blackbaud ranked 121, with 2009 software and services revenue of $302.6 million and corporate revenue of $309.3 million. The ranking positioned Blackbaud as the largest provider of nonprofit software on the Software 500 list.
aThe 2010 Software 500 results show that revenue growth in the software and services industry was healthy, with total Software 500 revenue of $491.7 billion worldwide for 2009, representing virtually flat growth from the previous year,a says John P. Desmond, editor of Software Magazine and Softwaremag.com.
aThe Software 500 helps CIOs, senior IT managers and IT staff research and create the short list of business partners,a Desmond says. aIt 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.a
The Software 500 is a revenue-based ranking of the worlda™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.
aWe are pleased to be included once again on the Software 500 and to be recognized as the leading provider of software and services in the nonprofit industry,a said Marc Chardon, Blackbauda™s chief executive officer. aBlackbauda™s continued growth is fueled by our dedication to research and development; we listen to nonprofit organizations and work hard to give them the technology they need to empower the business of philanthropy.a
Some 47 percent of the 2010 Software 500 companies are privately held.
Go to [ www.Softwaremag.com ] and click on subscribe to be among the first to see the 2010 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 2009. 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.
For more information about Blackbaud software and services, visit [ www.blackbaud.com ].
About Blackbaud
Blackbaud is the leading global provider of software and services designed specifically for nonprofit organizations, enabling them to improve operational efficiency, build strong relationships, and raise more money to support their missions. Approximately 24,000 organizations a" including University of Arizona Foundation, American Red Cross, Cancer Research UK, The Taft School,Lincoln Center, In Touch Ministries, Tulsa Community Foundation, Ursinus College,Earthjustice, International Fund for Animal Welfare, and the WGBH Educational Foundation a" use one or more Blackbaud products and services for [ fundraising ], [ constituent relationship management ], [ financial management ], [ website management ], [ direct marketing ], [ education administration ], [ ticketing ], [ business intelligence ], [ prospect research ], [ consulting ], and [ analytics ]. Since 1981, Blackbauda™s sole focus and expertise has been partneringwith nonprofits andprovidingthem the solutions they need to make a difference intheir local communities and worldwide. Headquartered in the United States, Blackbaud also has operations in Australia, Canada, Hong Kong, the Netherlands, and the United Kingdom.For more information, visit [ www.blackbaud.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 worlda™s largest software and services companies. Software Magazine and Softwaremag.com are owned and operated by King Content Co.
Forward-looking Statements
Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks related to our dividend policy and share repurchase program, including potential limitations on our ability to grow and the possibility that we might discontinue payment of dividends; risks relating to restrictions imposed by the credit facility; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organizations; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SECa™s website at [ www.sec.gov ] or upon request from Blackbaud's investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc. All other trademarks are the property of their respective owners.
