NIX Solutions Listed in the 2018 Software 500 Ranking

27 November 2018

NIX Solutions is proud to announce the company has been included in the ranking of Software Magazine as a leading custom software development provider. For 36 years the ranking has been presenting worldwide Top 500 Software Companies. This year, NIX Solutions is included in the prestigious listing as one of the 500 largest international software and software services companies.

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The list is based on total worldwide software and services revenue from the 2017 fiscal year. All in all, this involves revenues from software licenses, maintenance and support, training and software-related services and consulting. According to the ranking, NIX Solutions has demonstrated a steady growth (3.5%) compared to the previous year, ending in 2018 with an R&D investment equivalent to 10.5% of total revenue.

The ranking by Software Magazine is one of the most prestigious lists, as the magazine not only conducts extensive research of the tech sector worldwide, but also presents the most recent technological trends. This provides various insight for software companies and points out broad encompassing changes in the technology industry with a detailed look at shifts in revenue, the number of employees, and R&D perspectives.

According to the 2018 report of Software Magazine, the total software and software services revenue reached $867.8 billion, which is 2.8% more as compared to the same period in 2017 ($813.6 billion).

You can find more information about the ranking, its methodology and listed companies at the Softwaremag.com.