Manhattan Software

Global leaders in IWMS & CAFM software solutions.

Software Magazine Ranks Manhattan Software in Software 500 list

London (21th Sep, 2005) – Manhattan Software today announced its inclusion on the Software 500, Software Magazine’s list of the world’s foremost software and services providers, published as an online catalogue on www.softwaremag.com. Manhattan Software was ranked 360.

“Manhattan Software is proud to be included in the Software 500 list”, says Nick Moore, President of Manhattan Software.  “This represents not only a significant recognition for our company, but for the growing importance of Integrated Workplace Management Systems which are improving the financial health and productivity of corporations globally.  Manhattan will continue in the coming year to aggressively improve and promote the most comprehensive, financial-based solution to plan for and manage an organisation’s critical workplace assets. It is Manhattan’s policy to involve industry leaders in any new functionality development to ensure what we are building is of value to our current and future clients as a group rather than developing a product around single client requirements.  This is one of the reasons for our growth in 2005 and our planned for expansion in 2006.”

John P Desmond, editor of Software Magazine and Softwaremag.com recently observed that “The overall health of the software and services industries has improved, with revenue for the 2005 software 500 at $383.3 billion worldwide for 2004, an increase of 16.5% over the previous year. The industry continues to be dynamic, with nearly 100 new companies on the 2005 Software 500 list.  Employee head count was up 13.7% and was strongest in the segments of collaboration/project management, system integration services and IT consulting, and the supply chain/manufacturing software segment.”

Our aim is to help CIOs, senior IT managers and IT staff research their partner options and that is a valuable service.”

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. The list includes both private and public companies; 28% of the 2004 Software 500 companies are private. The Software 500 is searchable by primary business sector on www.Softwaremag.com, free to all site registrants. “The online Software 500 is a valuable resource for CIOs, senior IT managers and IT staff for researching their vendor partner options. It is a quick reference of vendor viability,” Desmond says.

The ranking is based on total worldwide software and service revenue for 2004.  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 Software Magazine, The IT Software Journal, and Softwaremag.com

Software Magazine, The IT Software Journal, has been a brand name in the high tech industry for over 20 years. Softwaremag.com, its Web counterpart, is the online catalogue to enterprise software and the home of the Software 500 ranking of the world’s largest software and services companies, now in its 23rd year.  Software Magazine and Softwaremag.com are owned and operated by King Content Co.

About Raindrop Information Systems
Raindrop Information Systems is the world's largest privately-owned company dedicated to the development, implementation and support of fully-integrated and fully web-enabled global real estate and facilities management systems. With its heavy emphasis on research and development, quality assurance, system testing and customer support, the company has become a leading global provider of targeted software solutions for real estate managers, owners, investors and occupiers. Through its subsidiaries worldwide, the company has built a substantial high-quality user base of multinational organisations - many with multiple locations around the world. These blue-chip clients are leading players in a wide range of sectors - including retail, energy, telecommunications, investment, banking, finance and local and central government.

About Manhattan
The Manhattan suite of fully integrated and web-enabled property software comprises 30 modules designed to meet the requirements of large investors, occupiers, asset managers, and corporate and government occupiers.

Manhattan provides a unique business advantage across all sectors of the property industry by delivering fully integrated property management, asset management, facilities management and financial software in a single suite.

The system offers the highest level of advanced functionality, whilst being highly flexible and easy to use. It allows fast retrieval of the information users need, when they need it.

Manhattan can be installed at clients’ sites as part of their IT infrastructure, or through Raindrop’s Application Service Provision (ASP) service (with all property, asset and facilities management functionality available on an ASP basis).

The Manhattan ASP service offers the FlexASP® option which uniquely enables clients to opt for service components that meet their specific requirements.

For further Information:
Ben Gardner
Manhattan Software
+44 (0)20 7269 8500
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Software 500 Contact: 
Kelley Conrad Software 500 Project Leader 
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SMP Event Contact: 
Michael Hughes  SMP Event Operations Director 
Trendsmedia 
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