News

October 2008.
Bitam Named in Software Magazine’s Annual Software 500 Ranking

Atlanta, GA – October 2008. Bitam, a leading provider of Enterprise Performance Management (EPM) software, today announced that it has been included in Software Magazine’s 26th Annual Software 500 ranking of the world’s largest software providers. Featured in the September / October 2008 publication, Bitam was ranked 420. Bitam was selected for the prestigious list based on its total worldwide software and services revenue.

“Repeatedly making the list of the world’s largest software providers showcases our growth over the last 12 – 24 months. Bitam has grown dramatically due to our increased global initiatives, including the expansion of our partner channels throughout the world”, said David Abdo, CEO of Bitam.

Bitam reported a 33% growth rate from 2006 to 2007 on total software and services revenue. With 120 employees worldwide and 27% of revenue being absorbed through research and development, Bitam continues to implement new industry leading functionality into their Business Intelligence, Strategic Planning and Financial Planning applications. Additionally, commercial offerings such as SaaS and Proof of Concept arrangements enabling a “try before you buy” program provide clients with the necessary options to meet their business objectives and needs.

For additional information on the Bitam Enterprise Performance Management suite of applications, please visit www.bitam.com.

About Bitam
Bitam is a global provider of Enterprise Performance Management (EPM) software solutions for Business Intelligence (BI), Financial Planning, and Strategic Planning. EPM software powers the metrics that enable performance reporting, governance, and accountability that help businesses analyze, plan, and manage their business operations to meet business-critical goals. Bitam solutions are known for their rapid deployment, a high rate of adoption by users, low implementation risk, lower costs, ease of use, minimal training requirements, and wide acceptance by the international operations of companies of all sizes. Bitam, founded in 2000, is headquartered in Atlanta, Ga., with 18 global offices spread throughout the United States, Europe and Latin America. Bitam has served more than 1000 customers including Pfizer, Coca-Cola, Home Depot, Johnson Controls, Pemex, GNC, Black & Decker, Janssen and government clients, through direct sales or our extensive partner network. For more information, visit www.bitam.com.