The Top 100 European Software vendors

Revenues > 24 bn€

Total revenues for the Truffle 100 are 29 bn€
Revenues from software activity are 24,4 bn€

A concentrated industry : 80 % of revenues come from the top 25 vendors

vendors (% revenues Truffle 100)
SAP 42 %
TOP 3 55 %
TOP 5 59 %
TOP 10 67 %
TOP 50 91 %

39 vendors have revenues > 100 m€ (up from 30 one year ago);
they account for 87 % of Truffle 100 revenues

European, software vendors growth, 2008

65 vendors have revenues > 50 m€
they account for 95 % of Truffle 100 revenues

All Truffle 100 have revenues > 25 m€
(up from 20 m€ one year ago)

World-class national champions

Vendor Country Revenues € million % of Truffle 100

SAP

DE

10 269

42.2 %

Sage

UK

1 787

7.3 %

Dassault Systemes

FR

1 259

5.2 %

Gruppo Engineering

IT

467

1.9 %

Visma ASA

NO

338

1.4 %

UNIT4 AGRESSO NV

NL

320

1.3 %

Insufficiently diversified

  • 1/3 of the Truffle 100 are in the ERP or related business
  • Another 1/3 is composed of infrastructure software vendors
  • Overweght of Financial software and Public sector software

Facing global competition

European, software vendors growth, 2008