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The Methodology Behind the CIOZone 100 Print E-mail
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Tuesday, 28 April 2009

The CIOZone 100 looks at the 2008 revenue and profit of the U.S.'s largest public technology companies.


To come up with the list, CIOZone did a sort on Security Industry Codes that we decided were most relevant to chief information officers. We made some judgment calls to winnow down, or expand, the ensuing list. Thus, while we left in Intel and Advanced Micro Devices, we eliminated most other component makers on the assumption that CIOs rarely if ever buy from them directly. With the exception of Cisco, we also took out most makers of communications hardware, because communications equipment is arguably a separate industry. For simplicity's sake, we eliminated any company that isn't based in the United States. SAP, Accenture and Blackberry maker Research in Motion are exceptions to that rule; those companies (based in Germany, Bermuda and Canada, respectively) are just too important to the average CIO not to be included.


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. (The Novell comparisons are for the 12-month periods ended Oct. 31, 2008 and April 30, 2007.)


We used a cut-off of March 13, 2009 for our data-gathering, meaning if a company reported results after that, the results are unlikely to be reflected in the lists published here.




Comments (3)
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1. 04-29-2009 01:44
 
I'm very surprised not to find large companies like Capgemini (8,710 billions € revenue in 2008) or Tata Consulting Services (6 billions $ revenue in fiscal year 2008-2009). How can this be?
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2. 04-29-2009 18:00
 
Neither Cap Gemini nor Tata are U.S.-based companies -- which means they may not be subject to the same SEC reporting rules as the companies on the CIOZone list. 
 
We deliberately restricted the list to U.S. companies (with the exceptions noted in the methodology) in order to minimize the possibility of apples-to-oranges comparisons. 
 
Hope this answers your question. 
 
Rob Hertzberg 
(Researcher and writer, for the last two years, of the CIOZone 100)
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Robert Hertzberg
3. 05-05-2009 22:11
 
It may not have made it into the top 10 fo the fastest growing software companies, but you have to be impressed by the numbers racked up by Ansys – 24.1% revenue growth and 35.5% profit growth. I wasn’t familiar with Ansys, so I checked them out. They provide computer-aided engineering simulation and modeling. Companies use their software for such things as simulating equipment used in nuclear plants. 
 
Ansys is due to release first quarter earnings May 7. Interesting to see if it can keep up the momentum.
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Mel Duvall

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