Transzap, Oildex Named to Software Magazine’s Software 500

Transzap, Oildex Named to Software Magazine’s Software 500

Software Magazine Ranks Transzap, Inc. & Oildex as one of the World’s Largest Software Companies

 

DENVER and HOUSTON – December 13, 2012- Transzap, Inc. today announces its inclusion in Software Magazine’s Software 500 ranking of the world’s largest software and service providers, now in its 30th year. Transzap and Oildex were ranked number 462.

“The 2012 Software 500 results show that revenue growth in the software and services industry was again healthy, with total Software 500 revenue of $643.6 billion worldwide for 2011, representing approximately 17percent growth from the previous year’s list,” says John P. Desmond, editor, Software Magazine.

 

“The Software 500 helps CIOs, senior IT managers, and IT staff research and create the short list of business partners,” says Desmond. “It is a quick reference of vendor viability. And the online version, to be postedsoon 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.

 

The ranking is based on total worldwide software and services revenue for 2011. This includes revenue from software licenses, maintenance and support, training, and software-related services and consulting. Suppliers are not ranked on total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by Rockport Custom Publishing, LLC. and posted at www.softwaremag.com, as well asfrom public documents.

 

About Transzap, Inc.

Transzap™, the parent company of Oildex, provides smart information management and business process automation Software-as-a-Service (SaaS) solutions to over 6,000 companies and 170,000 registered users in the oil and natural gas industry. The Oildex suite of services streamlines operations, enabling companies to shift from paper-based processes to electronic, and provides tools for companies to track and understand their transactions in near-real time.Currently available services include: digital and scanned invoice processing (Spendworks™), business intelligence (Trendx™), owner/producer relations data posting (Owner Relations Connect™), check stub reporting (Checkstub Connect™ - CDEX), scanned check stub reporting (CDEX Complete™), joint interest bill processing (JIB Connect™), scanned JIB processing (JIB Complete™), budget creation and approval (AFEworks™), crude oil data exchange (Run Ticket Connect™ - CODE), and production and sales volume reporting. Transzap has offices inDenver and Houston. For more information, please visit www.transzap.com or www.oildex.com.

 

About Software Magazine and Rockport Custom Publishing

Software Magazine has been a brand name in the high-tech industry for more than 36 years. Softwaremag.com, its Web counterpart, is the online guide 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 Rockport Custom Publishing.

 

Rockport Custom Publishing is a leading integrated media company focusing on technology. For more information, visit: www.rockportpubs.com.

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