The Top 100 European Software vendors

Profits on the rise

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

Profits bn€ 2006 2007 2008 2009 2010
  2.8 3.2 3.6 3.7 5.8

  % of revenues % of profits
  Truffle 100 2010 2009 2008 2007
SAP 40% 31% 46% 51% 60%
TOP 3 50% 40% 58% 62% 73%
TOP 5 55% 44% 66% 67% 75%
TOP 10 36% 52% 66% 67% 75%
TOP 50 90% 84% 91% 92% 95%

Big vendors more profitable
Small vendors catching up


Profitability m€ 2010 % of revenues 2009
TOP 3 2.386 15.2 % 16.0 %
TOP 50 4.952 12.2 % 10.7 %
BOTTOM 50 0.940 10.6 % 6.8 %
BOTTOM 25 0.228 13.4 % 8.6 %