Dyadem Named to Software Magazine’s 28th
Annual Software 500
Software Magazine Ranks Dyadem as one of the World’s Largest Software Companies
October 05, 2010 08:24 AM Eastern Daylight Time
TORONTO--(EON: Enhanced Online News)--Dyadem, the market leader in operational and quality risk
management software solutions, today announced its inclusion on Software Magazine’s Software 500 ranking of the
world’s largest software and service providers, now in its 28th year.
Dyadem was ranked 332 on the Software 500, climbing 58 positions from the previous year. Dyadem is the market
leader in enterprise risk management solutions, providing software that allows companies to identify, measure,
mitigate and monitor potential risks through a continuous improvement approach that allows companies to learn from
their mistakes. Whether a company’s products or processes pose a risk to the environment, the safety of personnel
or consumers, Dyadem helps some of the world’s largest companies establish an enterprise risk management
strategy and comply with various industry regulations and standards. Dyadem serves the oil and gas, chemical,
mining, pharmaceutical, medical, automotive, electronics and aerospace and defense industries.
“The 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,” 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. It is a quick
reference of vendor viability; basically an 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 47% percent of the 2010 Software 500 companies are privately held. 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. The financial information was
gathered by a survey prepared by King Content Co., as well as from public documents and posted at
Dyadem is listed on the Software 500 list for the second consecutive year and has recently been honored with
several other awards. Dyadem was named in June as one of Canada's fastest growing companies by PROFIT
magazine and as the 2010 Corporate IT Hero by the Information Technology Association of Canada (ITAC). In
addition, Kevin North, Dyadem’s President and CEO, is an upcoming finalist for Ernst & Young’s 2010
Entrepreneur of the Year Awards. Dyadem was also recently honored by being recognized in three distinct
categories in the International Business Awards for Most Innovative Company of the Year in North America,
Marketing Department of the Year, and Executive of the Year in North America for Kevin North.
“Dyadem is proud to be included on the Software 500 list for the second year in a row, despite the harsh economic
climate,” said Kevin North, President and CEO, Dyadem. “To realize growth in a flat industry, and be listed among
prestigious software vendors is an honor, proving that organizations are recognizing the importance of the
comprehensive risk management solutions that Dyadem provides.”
Go to www.Softwaremag.com and click on Subscribe to be among the first to see the 2010 Software 500. The list
will be first released in the digital publication, issued in September.
Dyadem is the market leader in Operational Risk Management and Quality Risk Management solutions. Dyadem
provides software and services that empower companies to discover and manage the risks to people and products in
the design and manufacturing processes. Dyadem helps some of the world’s largest companies achieve regulatory
compliance and business continuity, serving the oil & gas, chemical, mining, pharmaceutical, medical, automotive,
electronics and aerospace and defense industries. For more information, visit www.dyadem.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 world’s largest software and services companies. Software Magazine and
Softwaremag.com are owned and operated by King Content Co.
Maureen Robusto, +1-978-289-7752