Top 10 Software Companies in the World
Computers would be useless without programs that convert physical hardware into helpful work. Software refers to the programs and data that execute on a computer. Software is classified into four categories: programming services, system services, open-source, and software as a service. Software companies earn money through various means, including software licensing, maintenance services, subscription fees, and support services. Customers can now pay a monthly membership fee to gain quick access to software on a provider server using cloud technology, which is a rapidly growing sector. Software companies are among the world’s largest developers of enterprise solutions.
Without Software, it is impossible to conduct day-to-day business in the technology industry. Software is available for a variety of purposes, including entertainment, business, and security. So, let’s take a look at some of the top ten software companies in terms of revenue or subsidiary. These are the top 10 software companies based on 12-month trailing sales.
1. Microsoft
Microsoft provides a diverse set of products and services. Microsoft was founded in 1975 by Bill Gates and Paul Allen. Some of the most popular Microsoft software products are the Windows operating system, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. The company’s main selling gear is the Xbox video game consoles and the Microsoft Surface line of touchscreen personal PCs. Microsoft was ranked No. 21 on the Fortune 500 list of the largest companies in the United States in 2020. It is also one of the world’s largest software firms in terms of revenue. It is one of the “Big Five” corporations in the information technology industry in the United States. M.S. Office makes fundamental office tasks more manageable and enhances productivity. Each program is tailored to certain activities, such as word processing, data management, presentation creation, and email management.
2. Oracle
Oracle is the second-largest software company in the world. Larry Ellison, Bob Miner, and Ed Oates launched it on June 16, 1977. Oracle is based in Redwood City, California. This company is the largest provider of database software and Software as a Service in the world (SaaS). Oracle made $32.9 billion in global revenue last year. Oracle software is commonly used in Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), Oracle EPM Cloud, Human Capital Management (HCM), and Supply Chain Management (SCM).
3. SAP
SAP (System Analysis Program Development) is a non-American 3rd largest company that helps businesses in finances, logistics, and human resources. It is a German corporation Software company globally and the leading in Europe. Five former IBM engineers from Germany launched the firm in 1972. Its headquarters is in Walldorf, Baden-Wuerttemberg. The company provides SAP R/2, SAP R/3 to its global customers, and SAP S/4HANA Software to its international customers. SAP is known for its Enterprise Resource Planning (ERP) software, artificial intelligence (AI), and machine learning, for which this German company is the market leader worldwide.
4. Salesforce
Salesforce is the world’s fourth-largest software company. Four former Oracle executives had launched the firm in 1999. Salesforce has headquarters in San Francisco, California. In 2018, the corporation generated $10.5 billion in revenue. Salesforce is the worldwide largest in business software, marketing automation, analytics, application development, and customer Relationship Management (CRM) Software. Salesforce.com offers marketing automation, customer support, operations, and sales solutions, among other things. The company’s technology platform is well known for allowing users and developers to design and run business-related applications.
5. Broadcom
Broadcom is a major semiconductor company. It was founded in 1961 in the USA. Henry Samueli and Henry Nicholas are founders of this company C.A. Technologies, and NortonLifeLock (formerly known as Symantec) is its subsidiary company. C.A. Technologies specializes in enterprise software, whereas NortonLifeLock is a security software leader. Infrastructure software is also available from Broadcom. Broadcom has risen to become one of the world’s top five software companies due to its diverse product portfolio. Broadcom’s clients use semiconductors and infrastructure software in the data center, networking, internet, wireless, storage, and industrial markets.
6. Adobe
Adobe Systems is well-known for its Adobe Photoshop, graphics, web, and video editing tools. It is an American software company having headquarters in San Jose, California. Each of its products has significant use and is a leader in its market. Adobe was founded in December 1982 by John Warnock and Charles Geschke. The graphics editing software series Photoshop is likely the most well-known product of the San Jose, California-based firm. It is famous Software for multimedia and creativity as well as among digital marketers.
7. Dell
Dell Technology is primarily a P.C. and notebook maker. Dell, situated in Texas possessed by Dell Technologies. Dell mainly owns VMware and virtualization software companies. Secureworks, a cyber security firm, and RSA Security, an encryption software firm, are also owned by Dell. From 1984-88, Dell Inc. was initially limited to PCs. However, Dell Computer Corporation came into existence in 1988 till 2003. Both the Software used by international corporations’ help develop, manufacture, sell and present on personal computers and other computer-related products. The headquarters of Dell is in Round Rock, Texas.
8. HCL
HCL is a global Indian information technology services company specializing in software outsourcing, consulting, and creating its enterprise software. Its headquarters is in Noida, India, and the company has operations in 32 countries around the world. Some of the industries in which it operates include aerospace, defence, automotive, consumer electronics, energy and utilities, banking, Hi-Tec, independent software vendors, industrial manufacturing, mining and natural resources, life sciences and healthcare, media and entertainment, retail, consumer, oil and gas, telecom, public services, semiconductors, server and storage, travel, transportation and logistics, and hospitality.
9. Intuit
Intuit is a leading financial and business Software company. It was founded in 1983 in Palo Alto, California, United States. Intuit is the best Software for SMEs and self-employed enterprises. This Software helps in managing taxes and accounts effortlessly. Some of the popular products of Intuit comprises QuickBooks accounting software, Lacerte, and TurboTax tax preparation software. Individuals, small enterprises, and accountants get benefit from the company’s goods.
10. Fiserv
Fiserv, situated in Wisconsin, creates financial Software. Fiserv’s clients are primarily banks, security brokerages, and credit unions, including companies, small enterprises, and other organizations. The company provides account handling and digital banking solution to its clients. Easy card issue, payments method, e-commerce transaction, securities broker-dealers, and the Clover; cloud-based products, are some features the company provides to their clients. Fiserv is one of the FORTUNE 500 Companies and a member of the S&P 500 Index, with headquarters in Brookfield, Wisconsin. It is also one of the FORTUNE Magazine’s World’s Most Admired Companies.