{"id":396,"date":"2018-05-22T12:36:57","date_gmt":"2018-05-22T11:36:57","guid":{"rendered":"http:\/\/saasnic.com\/blog\/?p=396"},"modified":"2023-08-11T11:10:36","modified_gmt":"2023-08-11T10:10:36","slug":"some-interesting-facts-abouttop-software-consulting-companies","status":"publish","type":"post","link":"https:\/\/saasnic.com\/blog\/some-interesting-facts-abouttop-software-consulting-companies\/","title":{"rendered":"Some Interesting Facts about Top Software Consulting Companies"},"content":{"rendered":"

Some interesting facts about top Software consulting companies<\/h1>\n
In the past, traditional software companies produced programs that it placed on discs and sold to consumers who then installed the applications on their machines.\u00a0Software Consulting Companies\u00a0<\/strong>today operate on many different business models and provide a wide array of products and services. These include software license sales, maintenance services, subscription fees, and other support services. Companies are increasingly turning to software-as-a-service (a SaaS) concept where customers never possess or install the software. Instead, customers pay a subscription fee to access the software through the Internet on the provider\u2019s server.<\/div>\n
This article lists the\u00a0Top Software Consulting Companies<\/strong><\/a>\u00a0deriving revenue from software. Some companies are software-focused, while others derive their primary revenue from other areas while also selling software. The companies are ranked in decreasing order by software-only revenue, as reported in the companies\u2019 respective 2017 official annual reports.<\/div>\n
Microsoft (MSFT):<\/strong>\u00a0The world leader in software companies, Microsoft, continues to maintain its dominance with total revenues of $77.85 billion in 2017. Of this, $65.7 billion, or 84 percent, was from its software stream. Microsoft\u2019s software revenues exceed those of its next two competitors combined.<\/div>\n
Oracle (ORCL):<\/strong>\u00a0Oracle surpassed IBM in 2017 to gain the number two spot in software revenues. Its software revenues were $29.7 billion in 2017, out of total revenue of $34.74 billion.<\/div>\n
IBM:<\/strong>\u00a0The large conglomerate offers a wide range of products and services, including both hardware and software. It consistently derives 25 to 30 percent of revenue from software. Of the total revenue of $99.75 billion for 2017, software contributed $29.1 billion.<\/div>\n
SAP:\u00a0<\/strong>The Germany-based multinational software giant generated $18.9 billion in revenue from its software stream, out of the total revenue of $22.87 billion. Software represents 83 percent of its business. (SAP\u2019s official report gives revenues in euros. For this article, we converted euros to U.S. dollars using the December 31, 2017 exchange rate of 1.36.)<\/div>\n
Symantec (SYMC):<\/strong>\u00a0Nasdaq-listed Symantec, the global leader in software security solutions, generated $6.4 billion in software revenue from total revenues of $6.9 billion.<\/div>\n
EMC (EMC):<\/strong>\u00a0NYSE-listed EMC takes the number six spot with $5.6 billion of software revenues of $23.2 billion. (EMC also owns the software company VMWare which is number eight on this list. The companies are listed as separate entities on the New York Stock Exchange. For that reason, this list treats EMC and VMWare as two separate entities.)<\/div>\n
Hewlett-Packard (HPQ):<\/strong>\u00a0The global giant is mainly known for printing products and solutions. From its total revenue of $112.298 billion, it derived just $4.9 billion from the software. Although this is a small percentage of Hewlett\u2011Packard\u2019s total revenues, it still makes the company the seventh largest software company.<\/div>\n
VMWare (VMW):<\/strong>\u00a0VMWare, owned by EMC, remains separately listed on the New York Stock Exchange. Its software stream revenues for 2017 were $4.8 billion, out of $ 5.2 million. If the software revenues of EMC and VMWare are considered together, the company would be the fifth-largest software company in the world.<\/div>\n
CA Technologies (CA):<\/strong>\u00a0Nasdaq-listed CA Technologies has $4.2 billion from its software stream, out of total revenues of $4.643 billion.<\/div>\n
Salesforce.com<\/a>\u00a0(CRM): Ironically, the NYSE-listed\u00a0salesforce.com<\/a>\u00a0promotes itself with the motto, \u201cNo Software.\u201d The company sells software through the software-as-a-service model. In 2017, it saw $3.8 billion in revenues from software, out of total revenues of $4.07 billion.<\/div>\n

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