World's Top 20 Software Companies

#4 SAP

Software Revenue: $12,558 mn

Software Revenue Growth: 10.5 percent

SAP AG is a multi-national software development and consulting corporation and it grabs the fourth position on the list of world’s top 100 software companies with software revenue of $12,558 million which is much lesser to Oracle that stands just one position ahead of it on the list. This software company has 75.4 percent software revenue share among the total of $16,654 million. The corporation provides enterprise software applications to businesses of all sizes. Founded in 1972 in Mannheim by the former IBM engineers, Dietmar Hopp, Hans-Werner Hector, Hasso Plattner, Claus E Tschira and Claus Wellenreuther, the software firm is best known for its flagship product SAP Enterprise Resource Planning (ERP). This company is headquartered in Walldorf Germany. And it is the largest European software company in the world and the largest enterprise software company in the world, leaving behind Oracle.

#5 Ericsson

Software Revenue: $7,274 mn

Software Revenue Growth: -4.2 percent

Though Ericsson has the fifth position in the list of world’s top 100 software companies ranked by their software revenue, it has shown a decrease in the software revenue of 4.2 percent than the previous years’ statistics. The company now claims a software revenue of $7,274 million which 24 percent of the total revenue generated by the company ($30,307 million). The company was founded in 1876 by Lars and Magnus Ericsson as a telegraph equipment repair shop. Presently, Ericsson is a Swidish provider of telecommunication and data communication systems, including mobile networks. Ericsson is headquartered in Kista, Stockholm Municipality and it has offices and operations in more than 175 countries. The Sweden office of the company employs more than 75,000 employees, making it one of the largest companies in the country. The company has the status of the worldwide market leader of telco networks and it is the fifth largest software company in the world.