Top 10 Software Companies in the World

Computers would be rendered useless without programs that transform physical hardware into functional tools. Software refers to the programs and data that run on a computer. Software is categorized into four groups: programming services, system services, open-source, and software as a service. Software companies generate revenue through various channels, including software licensing, maintenance services, subscription fees, and support services. Today, customers can pay a monthly membership fee to access software quickly on a provider's server using cloud technology, a sector experiencing rapid growth. Software companies rank among the world's largest developers of enterprise solutions.

In the technology industry, conducting day-to-day business would be impossible without software. Software serves diverse purposes, including entertainment, business, and security. Let's explore the top ten software companies based on revenue or subsidiaries. The following are the top 10 software companies based on the trailing 12-month sales.

1. Microsoft

Microsoft offers a diverse set of products and services. Founded in 1975 by Bill Gates and Paul Allen, Microsoft is renowned for products such as the Windows operating system, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. The company's key offerings include the Xbox video game consoles and the Microsoft Surface line of touchscreen personal PCs. Microsoft ranked 21st on the Fortune 500 list of the largest U.S. companies in 2020 and stands as one of the world's largest software firms in terms of revenue. Microsoft Office streamlines essential office tasks and enhances productivity with programs tailored to specific activities like word processing, data management, presentation creation, and email management.

2. Oracle

Oracle, the second-largest software company globally, was founded on June 16, 1977, by Larry Ellison, Bob Miner, and Ed Oates. Headquartered in Redwood City, California, Oracle is the leading provider of database software and Software as a Service (SaaS) globally, generating $32.9 billion in global revenue last year. Oracle's software is widely used in Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), Oracle EPM Cloud, Human Capital Management (HCM), and Supply Chain Management (SCM).

Explore the world of technology and innovation with the top 10 software companies shaping the digital landscape. From industry giants like Microsoft and Oracle to global leaders such as SAP, Salesforce, Broadcom, and Adobe, witness the impact of cutting-edge software solutions in various sectors.

3. SAP

SAP (System Analysis Program Development) is the non-American third-largest software company globally, helping businesses in finances, logistics, and human resources. Founded in 1972 in Germany by five former IBM engineers, SAP is a market leader in Enterprise Resource Planning (ERP) software, artificial intelligence (AI), and machine learning. The company's headquarters is in Walldorf, Baden-Wuerttemberg, and it provides SAP R/2, SAP R/3, and SAP S/4HANA Software to global and international customers.

4. Salesforce

Salesforce, the fourth-largest software company globally, was launched in 1999 by four former Oracle executives. Headquartered in San Francisco, California, the company generated $10.5 billion in revenue in 2018. Salesforce leads globally in business software, marketing automation, analytics, application development, and Customer Relationship Management (CRM) Software. Salesforce.com offers solutions in marketing automation, customer support, operations, and sales, and its technology platform enables users and developers to design and run business-related applications.

5. Broadcom

Founded in 1961 in the USA, Broadcom is a major semiconductor company with founders Henry Samueli and Henry Nicholas. Broadcom's diverse product portfolio includes semiconductors and infrastructure software used in data centers, networking, internet, wireless, storage, and industrial markets. Subsidiary companies include C.A. Technologies, specializing in enterprise software, and NortonLifeLock (formerly Symantec), a leader in security software.

6. Adobe

Adobe Systems, headquartered in San Jose, California, is well-known for its Adobe Photoshop and graphics, web, and video editing tools. Founded in December 1982 by John Warnock and Charles Geschke, Adobe's products are leaders in their respective markets. The Photoshop graphics editing software series is particularly famous and widely used for multimedia, creativity, and digital marketing.

7. Dell

Dell Technology, based in Texas, is primarily a PC and notebook maker. Dell, headquartered in Round Rock, Texas, owns VMware and virtualization software companies. Additionally, Dell owns Secureworks, a cybersecurity firm, and RSA Security, an encryption software firm. Originally limited to PCs from 1984-88, Dell Computer Corporation emerged in 1988 and has since played a crucial role in developing, manufacturing, selling, and presenting personal computers and related products for international corporations.

8. HCL

HCL is a global Indian information technology services company with headquarters in Noida, India. Specializing in software outsourcing, consulting, and creating its enterprise software, HCL operates in 32 countries across various industries, including aerospace, defense, 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, founded in 1983 in Palo Alto, California, United States, is a leading financial and business software company. Known for its software for small and medium-sized enterprises (SMEs) and self-employed enterprises, Intuit's products include QuickBooks accounting software, Lacerte, and TurboTax tax preparation software. Individuals, small enterprises, and accountants benefit from the company's solutions in managing taxes and accounts effortlessly.

10. Fiserv

Fiserv, headquartered in Wisconsin, specializes in creating financial software. Serving primarily banks, security brokerages, and credit unions, Fiserv provides account handling and digital banking solutions to its clients. The company's offerings include easy card issuance, payment methods, e-commerce transactions, securities broker-dealers, and cloud-based products like Clover. Fiserv is a member of the FORTUNE 500 Companies, part of the S&P 500 Index, and recognized as one of FORTUNE Magazine's World's Most Admired Companies.

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