The Top 100 European Software vendors

Figures

  • Revenues

    Total revenues for the Truffle 100 are 57.4 €B

    More concentration, 75% of revenues come from Top 25(76 % last year)


    % Revenues 2010 2011 2012 2013

    SAP

    31 % 38 % 39 % 39 %
    TOP 3 40 % 46 % 47 % 47 %
    TOP 5  44 % 53 % 53 % 53 %
    TOP 10 52 % 63 % 63 % 63 %
    TOP 50 84 % 90 % 90 % 90 %




  • Profits



      Profits  
    2008 2009 2010 2011 2012 2013 % of revenues T 100
    SAP 51% 46% 31% 52% 48% 52% 39%
    TOP 3 62% 58% 40% 60% 58% 59% 47%
    TOP 5 67% 66% 44% 66% 65% 67% 53%
    TOP 10 67% 66% 52% 79% 79% 79% 63%
    TOP 50 92% 91% 84% 96% 95% 97% 90%

    The bigger, the more profitable

    Profitability 2010 % of revenues 2011 2012 2013 Profits €M 2013
    TOP 3 15.2% 22.9% 17.0% 18.5% 3788
    TOP 25 12.0% 12.9% 5550
    TOP 50 12.2% 13.5% 10.8% 12.1% 6216
    BOTTOM 50 10.6% 5.2% 4.6% 2.6% 161
    BOTTOM 25 13.4% 6.9% 6.8% 7.9% 142

    Profit rate


    Publicly traded


  • Breakdown by country

    Top 5 countries in Europe represent 86.4% of software revenues


    Country 2011 2012 SW revenues (€M) 2013 % of total # SW companies
    Germany 18 145.7 20 328.6 21 046.4 49.9% 15
    UK 5 497.3 5 994.6 5 406.8 12.8% 20
    France 4 040.9 4 348.9 5 028.5 11.9% 21
    Sweden 2 163.5 2 326.5 2 392.0 5.7% 9
    Netherlands 2 187.9 2 236.2 2 103.7 5.0% 6
    Poland 1 005.5 1 152.4 1 229.1 2.9% 2
    Switzerland 1 110.8 1 208.2 1 174.6 2.8% 5
    Finland 618.1 625.0 656.6 1.6% 6
    Norway 486.2 544.8 639.2 1.5% 3
    Italy 516.5 557.3 625.8 1.5% 3
    Belgium 530.1 594.9 580.2 1.4% 1
    Czech Republic 248.5 361.9 375.9 0.9% 2
    Denmark 194.4 287.0 303.0 0.7% 2
    Slovakia 149.1 256.4 301.4 0.7% 1
    Spain 176.7 198.4 189.2 0.4% 2
    Austria 116.4 126.3 120.3 0.3% 2
    TOTAL 37 187.7 41 147.7 42 172.6 100.0% 100

    World-class national champions

    Vendor Country Revenues (€M) % of Truffle 100
    SAP DE 16 512 39.2%
    Dassault Systemes FR 1 888 4.5%
    Sage UK 1 523 3.6%
    Hexagon SE 1 310 3.1%
    ASSECO GROUP PL 1 063 2.5%
    SWIFT BE 580 1.4%
    VISMA NO 485 1.2%
  • R&D and Jobs

    Top 5 countries represent 84% of total R&D jobs

    Countries Number of R&D employees % of total R&D investment (€M) % of total
    Germany 23 085 37.7% 2 889.0 41.80%
    France 11 409 17.8% 1 088.8 15.8%
    UK 6 887 10.8% 859.3 12.4%
    Netherlands 5 584 8.7% 702 10.2%
    Sweden 4 849 7.6% 457.5 6.6%
    Switzerland 1 027 1.6% 148.5 2.2%
    Poland 3 905 6.1% 122.9 1.8%
    Norway 797 1.2% 111.5 1.6%
    Finland 1 157 1.8% 107.3 1.6%
    Italy 1 677 2.6% 96.8 1.4%
    Czech Republic 667 1.0% 92.9 1.3%
    Denmark 638 1.0% 74.7 1.1%
    Belgium 485 0.8% 67.9 1.0%
    Spain 298 0.5% 34.8 0.5%
    Slovakia 350 0.5% 33.2 0.5%
    Austria 142 0.2% 19.6 0.3%
    Total 63 957 100.% 6 906.9 100.%