Software Magazine Ranks StepStone as 6th in World among Software-as-a-Service Providers; Number One in Europe

LONDON--(BUSINESS WIRE)--StepStone (OSE: STP.OL)(LSE: STPS.L), a global leader in talent management solutions, today announced its inclusion on Software Magazine’s Software 500 ranking of the world’s largest software and service providers, now in its 27^th year. StepStone was ranked sixth in the world in the list of Software-as-a-Service (SaaS) providers, making it the top ranked European SaaS company in the list. StepStone was also ranked the second largest specialist supplier of talent management solutions worldwide. StepStone, with revenue growth of almost 35% to just over $180m, climbed to 167^th place in the 500 ranking for 2009.

“We’re delighted to be moving up the list of global software winners once again, and particularly to rank so well in the list of SaaS vendors. SaaS is winning support as a deployment model, especially as companies look to drive down licensing and implementation costs for key corporate applications,” said StepStone CEO, Colin Tenwick. “Major corporations are also getting more serious about their talent management strategies and this is feeding through into our growing footprint worldwide, with household names like Deutsche Telekom, McDonald’s, Puma, and Volkswagen choosing to work with us.”

“The 2009 Software 500 results show that revenue growth in the software and services industry was healthy, with total Software 500 revenue of $491.3 billion worldwide for 2008 representing 8.8% growth from the previous year,” says John P. Desmond, editor of Software Magazine and Softwaremag.com.

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 2008. This includes revenues from software licenses, maintenance and support, training and software-related services and consulting. Suppliers are not ranked on their total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by King Content Co. and posted at www.Softwaremag.com, as well as from public documents.

About StepStone

StepStone helps businesses get increased performance from their people, helps them build and develop global talent pools, and helps people find new jobs that match their talents. Across the world thousands of organisations rely on StepStone every day to improve their business performance and talent development strategies while millions of people rely on StepStone to improve their careers. StepStone delivers world class technology and services for finding, recruiting, retaining, managing and developing talented people.

StepStone operates some of Europe’s largest talent networks, accurately matching employers with potential employees, and provides a complete suite of Human Capital Management software solutions. StepStone’s on-demand (SaaS) software and services enable organisations to implement efficient processes, including; attraction and hiring, post-hire talent management, performance management, compensation management, skills and competency management, career and succession planning, training and development management.

StepStone was founded in Norway in 1996 and listed on the Oslo Børs (Ticker@ STP.NO) in 2000 and the London Stock Exchange (LSE: STPS.L) in 2008.

At the end of June 2009 more than 1,600 organisations, including many of the world’s leading businesses, use StepStone software and services. It operates in 17 countries and employs around 800 people. Its global customers include Aviva, Deloitte, Deutsche Telekom, Lufthansa, McDonald’s, Puma, ThyssenKrupp and Volkswagen.

For more information see: www.stepstone.com.

Read our blog at: http://www.stepstonesolutions.com/communitypost

Take the Talent Strategy Assessment at www.talentstrategyassessment.com

Brands2Life
Robin Grainger / Catherine Moran
+44 (0)20 7592 1200
stepstone@brands2lIfe.com
or
StepStone
Andrew Rodaway
Director of Communications
+44 7540 666439
Andrew.rodaway@stepstone.com