IDG’s Network World Ranks the Biggest Networking Companies in its Annual Top 200 List
SOUTHBOROUGH, MA – APRIL 24, 2000 – Network World, the Leader in Network Knowledge, has published its annual guide to the 200 biggest U.S. public companies in the network industry, ranking the companies by revenue, profits, highest value, fastest growth, earnings per employee, and R&D spending. In addition, Network World has teamed with online investment education firm The Motley Fool to launch an NW200-based interactive stock index and discussion forum. This index gives Network IS professionals the opportunity to track up-to-the minute stock performance in addition to historical data and overall market trends, and to discuss index performance with their peers. The index and other information from the NW200 issue is available on Network World Fusion (www.nwfusion.com/nw200/2000).
"The network industry is one of the most vibrant sectors in all of information technology," said Beth Schultz, Executive Editor of the Signature Series. "Taken together, the Network World 200 added $100 billion in revenue between 1998 and 1999, soaring 14% from $709.7 billion to $809.6 billion. That means that at current growth rates these 200 companies will do nearly a trillion dollars in business in the year 2000."
Many of the companies topping the NW200 chart-companies like IBM, AT&T, Lucent, GTE, and Intel-are modern pillars of the American economy. Others have become the darlings of Wall Street, exploding in size and forging ahead with new technological advances, while companies in traditional industries have withered. Witness Covad Communications, a start-up competitive local exchange carrier and dominant provider of digital subscriber line (DSL) services. The company's revenue rocketed from $5 million in 1998 to $66 million in 1999, making it the fastest growing company on the NW200 list.
Consider other statistics from the NW200 list:
· Profits for the NW200 were up 39% from $55.3 billion in 1998 to $76.9 billion in 1999 (versus a decline of 1.8% from '97 to '98)
· Revenue for the NW200 was up 14% from $709.7 billion in 1998 to $809.6 billion in 1999 (compared to a 10% jump from '97 to '98)
· Market capitalization of the NW200 has passed $5 trillion
· Average revenue per employee of the collective NW200: $279,161
The Network World 200 Issue not only probes deeply into market and economic factors affecting the companies on the top 200 list, but also explores other key issues in the industry, including: Who's directing some of the hottest networking companies? Where are last year's startups? What are the hot companies to watch this year? What are the hot new technologies, and what's the prognosis for how the year will unfold in three key market segments – enterprise infrastructure, carriers and ISPs, and enterprise applications?
More information and analysis of the Network World 200 list, including an interactive version, is available online at www.nwfusion.com.
About Network World's Annual Network World 200 Issue
The Network World 200 Issue, part of Network World's premier Signature Series, profiles the 200 biggest U.S. public companies in the network industry and provides guidance for determining the health and financial well-being of network vendors. It also profiles 10 start-ups to watch in the network industry.
About Network World
Network World, Inc. the leading network media company is shaping the future of enterprise network computing through its print publication, Network World, its online extension Network World Fusion (http://www.nwfusion.com), and its educational seminars and events nationwide. Network World, Inc. empowers Network IS professionals with the knowledge required to meet their evolving business needs.
About International Data Group
Network World, Inc. is a division of IDG, the world's leading IT media, research and exposition company. IDG publishes more than 290 computer magazines and newspapers and 4,000 book titles and offers online users the largest network of technology-specific sites around the world through IDG.net (http://www.idg.net), which comprises more than 250 targeted Web sites in 55 countries. IDG is also a leading producer of 168 computer-related expositions worldwide, and provides IT market analysis through 49 offices in 42 countries worldwide. Company information is available at http://www.idg.com.