The global computer market is worth about $ 5,000 billion and North America accounts for over 40%. The United States alone accounts for about $ 1.8 trillion of the IT market and is home to several world-class companies. Many of these companies serve as benchmarks for the computer software industry. Let’s take a look at the top ten companies in the computer software industry.
Ten largest companies in the computer software industry
Mohnish Pabrai Q&A: invest like an owner and make mistakes
In May, value investor Mohnish Pabrai participated in a question-and-answer session with MBA students from London Business School, who interviewed the investor on many different topics, including his experience in managing his own business in the 1990s. Letters, lectures and the like on second quarter 2021 hedge funds Owning a business and being an investor Pabrai told his Read more
Red Hat ($ 3,362 million)
Founded in 1993, it is a software company that offers open source software products to the business. This private company uses a community approach to deliver Linux, cloud, container and Kubernetes technologies to its clients. IBM acquired Red Hat in 2019 and now operates as an independent subsidiary. Red Hat is headquartered in Raleigh, North Carolina and employs over 13,000 people.
ServiceNow ($ 3,460 million)
Founded in 2004, this company provides enterprise cloud computing solutions through its Now platform. It mainly offers workflow solutions for information technology, employees and customers. Service now serves clients in many industries including telecommunications, education, healthcare, financial services and more. The company’s shares have risen more than 1% since the start of the year and more than 9% in the past three months. ServiceNow is headquartered in Santa Clara (CA) and employs over 13,000 people.
Workday ($ 3,627 million)
Founded in 2005, this company develops enterprise cloud applications for human resources and finance. More specifically, she develops financial and human capital management, as well as analytical applications for businesses, government agencies and educational institutions. The company’s shares have fallen almost 1% year-to-date and more than 5% in the past three months. Working day is headquartered in Pleasanton, California and employs over 12,000 people.
SS&C Technologies Holdings ($ 4,632 million)
Founded in 1986, this company provides software solutions to the financial services and healthcare industries. Some of its popular products are: BANC mall, BRIX, advent genesis, antares, evare, lightning and more. Shares of the company have risen nearly 1% year-to-date and more than 2% in the past three months. SS&C Technologies is headquartered in Windsor, Connecticut and has over 24,000 employees.
NortonLifeLock ($ 4,731 million)
Founded in 1982, this company provides security, storage and systems management solutions. It mainly provides cybersecurity solutions to consumers. Shares of the company have risen more than 33% since the start of the year and more than 27% in the past three months. NortonLifeLock is headquartered in Tempe, Arizona, and has more than 3,500 employees.
Intuit ($ 6,784 million)
Founded in 1982, this company offers commercial and financial management solutions. Intuit has the following business segments: small businesses and freelancers, consumers and strategic partners. Its clients are mainly small businesses, financial professionals and individuals. Shares of the company have risen more than 30% since the start of the year and more than 24% in the past three months. Intuit is headquartered in Mountain View, California.
Adobe ($ 11,171 million)
Founded in 1982, this company provides marketing and digital media solutions. It operates through the following business segments: digital experience, publishing and digital media. Some of its popular products are Adobe Photoshop, Adobe Acrobat and more. Shares of the company have risen more than 19% since the start of the year and more than 20% in the past three months. Adobe is headquartered in San JosÃ©, California.
Salesforce ($ 17,098 million)
Founded in 1999, this company designs and develops cloud-based business software for customer relationship management. The company also offers guidance, support, training and counseling services. All of its services are available through browsers, apps and mobile devices. Shares of the company have risen more than 12% since the start of the year and more than 13% in the past three months. Selling power is headquartered in San Francisco, California.
Oracle ($ 39,506 million)
Founded in 1977, this company offers products and services to meet all the requirements of corporate IT environments. Oracle has the following business segments – Cloud and Licensing, Hardware and Services. It is a world leader in database solutions. Shares of the company have risen more than 28% since the start of the year and more than 12% in the past three months. Oracle is headquartered in Austin, Texas.
Microsoft ($ 125,843 million)
Founded in 1975, this company is engaged in the development and support of software, hardware, solutions and services. Microsoft has the following business segments: intelligent cloud, more personal computing and productivity and business processes. Some of its most popular products are Windows, Office, Server, and more. Shares of the company have risen more than 24% since the start of the year and more than 11% in the past three months. Microsoft is headquartered in Redmond, Wash.