The top 10 software companies (largest software companies) in the world are well renowned for their innovation. Over the years software industry has been prospering by leaps and bound. There has been a massive increase in the number of software companies in the world.
Top 10 Software Companies
The roots of major software companies can be traced back to the college dorm rooms, where tech geeks apply their creative skills and practical knowledge in creating useful end products.
The increasing demands for home and customized enterprise solutions is driving software industry growth at a fast pace.
Overall launching a software company requires substantial amount of investment like around $25K to $100K but once you are ready with an innovative software product your investment would payback in a relatively shorter period of time.
Top 10 Software Companies in the World 2016
The primary revenue streams for a software company are sale of product license, maintenance fee, consultation and provision of IT related services.
There are a lot of factors that are taken into consideration when deciding about the top 10 software companies in the world. The common factors include annual revenue, market capitalization, innovation, products portfolio, technology, human capital and brand value.
In a nutshell, a good and reputed software company is a blend of innovation, healthy ROI, valuable human capital and latest technology.
There are a lot of tech companies that deserve to be called the best software companies in the world. It’s quite challenging to compile the list of top 10 software companies in the world 2016. Here is the list of top 10 software companies (largest software companies)in world ranking for 2016.
Revenue: $97.58 Billion (Year 2015)
Market Capitalization: $340.8 Billion (Year 2015)
The household name “Microsoft” is the king of all the IT companies in the world. Since 1975, none of the competitors have been able to overshadow the innovation and popularity of this IT giant. In financial terms Microsoft has been able to exhibit a fabulous performance with annual turnover touching $97.58 Billion hallmark last year. Headquartered in Redmond Washington, Microsoft has been dominating the Desktop OS and Office Productivity market for several decades. Today the flagship product “Microsoft Windows” is most widely used operating system, and “Microsoft Office” is the most used Enterprise Solution available in the market today. That’s not all Microsoft is catering mobile, home computer and enterprise software market pretty well. It owns Hotmail (the largest email service), Skype (largest video chat platform) and Windows 10 the latest sensation in Mobile and Desktop OS market which reflects it would be a big surprise to see Microsoft drop down its position in upcoming years. Currently the analysts estimate market value to be $340.8 Billion which is quite huge.
Revenue: $38.8 Billion (Year 2015)
Market Capitalization: $187.6 Billion (Year 2015)
Oracle is a multinational software company prospering well under the supervision of Larry Ellison one of the most successful CEO’s in the soils of America. Mostly known for its database management and enterprise solutions, Oracle stands second in the list of top 10 software companies in the world 2016. The flagship products “Oracle Database” and “Oracle Enterprise” lay the foundation of various IT based systems installed in big corporations leading to a larger product demand. In the preceding year the company registered annual turnover of $38.8 Billion with substantial net profits that’s really huge isn’t it and the estimated market value of this enterprise is $187.6 Billion. Headquartered in Redwood city USA, Oracle is surely one of the largest software companies in the world.
Revenue: $23.3 Billion (Year 2015)
Market Capitalization: $90.2 Billion (Year 2015)
SAP is the German IT Enterprise headquartered in Walldorf Germany. Founded in 1972 by former IBM Engineers, SAP is well known for its Enterprise Resources Planning (ERP) software. We mostly know SAP for being the largest European Software Company and the pinnacle for enterprise software solutions. The revenue reported last year was whopping $23.3 Billion. That’s huge isn’t it.
Revenue: $6 Billion (Year 2015)
Market Capitalization: $35.7 Billion (Year 2015)
Founded in 1998, VMware is headquartered in Palo Alto California. The main verticals of this company include offering virtualization solutions (i.e from data centers to desktop devices) and solving complex IT problems. Financially the claimed revenue for last reported year was $6 Billion with market capitalization of $35.7 Billion.
The clients are mostly small and medium sized enterprises but due to the exciting portfolio of flagship software, this company has been able to pop up within the top 10 software companies in the world 2016.
Revenue: $6.6 Billion (Year 2015)
Market Capitalization: $16.3 Billion (Year 2015)
Symantec has differentiated itself from its counterparts by developing computer security infrastructure solutions that are vital for the protection of sensitive data stored in a computer. We mostly know Symantec for its popular product Symantec Norton Antivirus. Last year the company reported revenue of $6.6 Billion and the estimated market value remained $16.3 Billion.
6. HCL Technologies
Revenue: $5.2 Billion (Year 2015)
Market Capitalization: $21.1 Billion (Year 2015)
Founded in 1976, HCL Technologies is the Indian software company headquartered in the city of NOIDA, District Uttar Pardesh, India. The reported revenue crossed whopping $5.2 billion last year with market capitalization of $21.1 billion, making it the highest revenue generating software house in Asia. Having offices in 34 countries HCl Technologies deals in software products pertinent to the sector of aerospace, automotive, consumer electronics, energy and utilities, financial services, government, industrial manufacturing, life sciences and healthcare, media and entertainment, mining and natural resources, public services, retail and consumer, semiconductor, server and storage, telecom, and travel, transportation, healthcare, logistics, and hospitality.
Revenue: $5.1 Billion (Year 2015)
Market Capitalization: $19 Billion (Year 2015)
Fiserv is another leading software company, headquartered in Brookfield, WI USA. The company provides financial services software solutions to large financial institutions. The company has large clients portfolio that include banks, thrifts, credit unions, securities broker dealers, leasing and finance companies, and retailers, among others. The revenue reported last year was $5.1 billion with market capitalization of $19 billion.
Revenue: $4.6 Billion (Year 2015)
Market Capitalization: $27.1 Billion (Year 2015)
Based in Mountain View California, Intuit Inc. has been catering small and medium sized enterprises through offering business and financial management solutions. The innovative flagship products such as QuickBooks, Quicken and TurboTax help companies discharge their fiduciary duties effectively. QuickBooks is one of the most well renowned bookkeeping software throughout the world. The company’s performance in financial terms is commendable with annual reported revenue of $4.6 Billion and market capitalization of $27.1 Billion.
9- Amadeus IT Holdings
Revenue: $4.5 Billion (Year 2015)
Market Capitalization: $19.8 Billion (Year 2015)
Amadeus IT Holdings is a Spanish software development company that offers IT solutions to tourism and travel industry. Since it’s a booming field, this company has been able to receive a healthy response from airlines and travel providers. The claimed revenue last year remained $4.5 Billion with $19.8 Billion market capitalization.
10- CA Technologies
Revenue: $4.3 Billion (Year 2015)
Market Capitalization: $14.3 Billion (Year 2015)
Headquartered in New York, CA Technologies is an innovative IT firm that crossed annual turnover of $4.3 Billion with $14.3 Billion market capitalization as per last reported figures. Being the largest independent software house in America, CA Technologies mostly develops and market IT management software in addition to storage and database systems.
Revenue: $4.8 Billion (Year 2016)
Market Capitalization: $53.71 Billion (Year 2016)
Adobe Systems, the company behind Adobe Acrobat Reader and Adobe Flash, two of the essential programs for a Windows, Linux, Mobile OS or Mac OS X machine. Mostly engaged in the development of computer based creative designing programs Adobe raised to dominance after purchasing Macromedia Inc in 2005. We mostly know Adobe now for its Adobe Photoshop, Adobe Creative Suite, Adobe Flash and Adobe Acrobat Reader and other creative products. This American IT company registered a turnover of $4.8 Billion with substantial net profits just falling short to be among the top 10 software companies in the world 2016.
Revenue: $81.74 Billion (Year 2015)
Market Capitalization: $147.08 Billion (Year 2016)
Established in 1924, Internet Business Machine known with its brand name IBM is one of the most innovative software technology and consulting company with numerous patents under its belt. Headquartered in New York United States of America, the popular products include Webspere, DB 2 and Lotus. IBM is probably one of the leading and one of the finest software companies in the world. It surely deserves a place in the list of top 10 software companies in the world 2016.
Despite the alarming levels of piracy, the loss of revenue has no major impact on the annual income of these IT giants. The list of top 10 software companies in the world 2016 is based on the reported revenue. Let’s see which companies outperform others to get featured in the list of 2017.