The Top 100 European Software vendors

Consistent profits

3.7 bn€ aggregated net profits, up from 3.6 bn€ last year

Profits bn€ 2005 2006 2007 2008 2009
  2.8 2.8 3.2 3.6 3.7

  % of revenues % of profits
  Truffle 100 2009 2008 2007 2006
SAP 40% 46% 51% 60% 67%
TOP 3 50% 58% 62% 73% 83%
TOP 5 57% 66% 67% 75% 90%
TOP 50 91% 91% 92% 95% 97%

Size matters but small vendors are catching up
Profits grow exponentially with size
The bigger, the richer


Profitability m€ % of revenues
TOP 3 2.172 16.0 %
TOP 50 3.417 10.7 %
LAST 50 350 6.8 %
LAST 25 87 8.6 %