SOURCE: Archer Technologies

Archer Technologies

September 18, 2009 09:18 ET

Archer Technologies Named to Software Magazine's 27th Annual Software 500

Software Magazine Ranks Archer One of the World's Largest Software Companies

OVERLAND PARK, KS--(Marketwire - September 18, 2009) - Archer Technologies, a provider of enterprise governance, risk and compliance (E-GRC) solutions, today announced its inclusion on Software Magazine's Software 500 ranking of the world's largest software and service providers, now in its 27th year. Archer was ranked 354 on the list.

"Archer's customer-focused approach has been the driving force behind our success, and it's a privilege for our talented employees to be recognized among the world's top technology innovators on the Software 500 list," said Jon Darbyshire, Archer CEO. "We continue to see strong demand for our GRC solutions and platform, with approximately 60 percent quarter-over-quarter growth in the first half of 2009. As we expand our reach, the Archer team will maintain our focus on delivering industry-leading solutions that allow our clients to achieve their business objectives and risk management goals."

Archer's out-of-the-box software solutions allow companies to implement a best-in-class enterprise governance, risk and compliance program. With a diverse client list that includes more than 25 percent of the Fortune 100, Archer is the only GRC technology provider to deliver an ecosystem of tools and services to fuel client success. This ecosystem includes the Archer Community, an online social network that fosters collaboration among clients, partners and product experts, and the Archer Exchange, an online marketplace for GRC applications, content, services and integration solutions.

"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.

Some 44 percent of the 2009 Software 500 companies are privately held.

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.

About Archer Technologies

Archer Technologies delivers enterprise governance, risk and compliance (GRC) solutions. With more than six million licensed users and a client list that includes one in four of the Fortune 100, Archer enables companies to manage enterprise risks, demonstrate compliance, automate business processes and gain visibility into corporate risk and security controls.

Archer's out-of-the-box solutions, including Policy, Risk, Compliance, Enterprise, Incident, Vendor, Threat, Business Continuity and Audit Management, are built on the flexible Archer SmartSuite Framework™, allowing clients to tailor the solutions according to their unique requirements. Whether deployed on-premise or via Archer's SaaS model, the Framework has become a go-to GRC platform for many global organizations.

Archer is the only vendor that delivers the Archer E-GRC Ecosystem™ comprised of out-of-the-box solutions, a flexible Framework, a robust user community, and an application and partner exchange, which provides clients the tools they need to build a best-in-class enterprise GRC program. For more information, visit www.archer.com or call 1-888-539-EGRC.

Contact Information

  • For more information, press only:
    Tracy Kunichika
    Software 500 Project Leader
    Email Contact

    Erica Camilo
    BluePoint Venture Marketing for Archer Technologies
    781-861-7800
    Email Contact