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The CIOZone ranking that forms the basis of the 50 Fastest Growing Software Companies is based on the 2008 revenue and profit of publicly held software companies.
To come up with the list, we did a sort on the Security Industry Codes most relevant to software. We eliminated companies that aren't purely in software, even if software represents a big part of their business (like IBM and Sun). For simplicity's sake, we also eliminated most companies that aren't based in the United States. SAP is the one exception we made to that rule; the German company is too important to the average CIO not to be included.
To make the growth comparisons meaningful, we limited the list to software companies that had at least $100 million in revenue in 2007. In our judgment, those are the companies most likely to be on the radars of CIOs and other enterprise technologists.
Our report uses 2008 calendar-year results, eliminating the apples-to-oranges period comparisons that would otherwise arise because of when many companies' fiscal years end. In the case of companies that don't have quarters ending in December 2008, we used the closest quarter we could find. Thus, in the case of some companies, their 2008 revenue and profit data may actually reflect results for the 12-month period ended on Nov. 30, 2008, or on Jan. 31, 2009.
We used a cut-off of March 13, 2009 for our data-gathering, meaning if a company reported results after that, the results aren't reflected in the lists published here.
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