By DE Editors
ANSYS, Inc. ranked in the top 100 on Software Magazine’s Software 500 ranking of the world’s largest software and service providers. ANSYS was ranked 99th overall and second in its category, engineering software. This is the third consecutive year that ANSYS has made the list.
The Software 500 is a revenue-based ranking of the world’s largest software and services suppliers, both public and private. Overall, the 2009 report stated 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 percent growth from the previous year.
Total ANSYS revenue for this year’s listing was $478.3 million, a 24.1 percent growth over last year’s ranking. In a year when the average R&D spending at companies that made the list was 10.4 percent, ANSYS re-invested 15 percent of its revenue in development.
For more information, visit ANSYS.
Sources: Press materials received from the company and additional information gleaned from the company’s website.