15 Biggest Canadian Software Companies

On this article we’re going to listing the 15 largest Canadian software program corporations. Click on to skip forward and soar to the 5 largest Canadian software program corporations.

The world is evolving at a quick tempo, with international locations all around the world making strides within the software program and Info Know-how market. Utilizing software program merchandise to satisfy every day duties corresponding to getting up early within the morning or monitoring your meal’s energy has turn out to be much more widespread than it was once. In actual fact, for some, it has turn out to be virtually important. We depend on instruments and functions developed by software program corporations from the second we wake up-to-the-minute we sleep.

Due to this fact, the success of software program corporations and the thriving software program business ought to come as no shock. In accordance with knowledge collected by Statista, income of the software program market is predicted to succeed in over 580 billion {dollars} in 2021. By 2025, this quantity is predicted to succeed in even greater, leading to income of over 700 billion {dollars}. Fields inside the business corresponding to cloud providers, huge knowledge, and Web of Issues are anticipated to be among the many scorching areas of the software program business within the coming years as nicely.

15 largest Canadian software program corporations

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Software program itself is a broad time period, encompassing many various merchandise designed for various duties. There are two major classifications of software program, that are System Software program and Utility Software program. System software program is a pc program designed to work as a platform for different software program, whereas taking good care of the pc’s {hardware} and inner capabilities. Examples of system software program are Working Programs, corresponding to Home windows by Microsoft (NASDAQ: MSFT) and IOS by Apple (NASDAQ: AAPL) , or Utility Software program, corresponding to McAfee Antivirus by McAfee (NASDAQ: MCFE). Utility software program, then again, is software program that’s made with the intent to assist customers carry out particular duties. Most individuals know these as “apps” which may be downloaded on cellphones or desktop computer systems. Examples of recognizable utility software program are net browsers corresponding to Google Chrome by Alphabet Inc. (NASDAQ: GOOG) and picture editor Adobe Photoshop by Adobe Inc (NASDAQ: ADBE).

Whereas it’s true that the software program business is dominated by American corporations, in recent times Canadian corporations have additionally start to make their mark on this sector, making it one of many main international locations for software program improvement. In accordance with globalnewswire.com, the Canadian market is forecasted to develop at 7.2 p.c over the 2020-2027 time interval. The Toronto-Waterloo Hall is even known as Canada’s Silicon Valley, with the second highest density of know-how startups on this planet.

This brings us to our listing of the most important Canadian software program corporations. Every of the businesses listed on our listing is a number one pressure within the software program business, offering totally different providers and software program options. To organize their rating, we’ve used the businesses’ web sites as our supply, rating every Canadian software program firm primarily based on income, revenue, property, and staff of the corporate. Allow us to take a look at the rising corporations within the software program business from Canada, beginning with quantity 15:

15. Martello Applied sciences

Income in 2019 (in thousands and thousands of {dollars}): 10.9

Variety of staff: 90

Martello Applied sciences was based in 1981, and has headquarters in Ottawa, Canada. The corporate supplies digital expertise monitoring (DEM) options and fault and efficiency administration to optimize the efficiency of real-time functions of enterprises. In accordance with their web site, providers of the corporate are deployed in over 5000 networks reaching greater than 175 international locations all around the world. It was additionally ranked on the listing of Canada’s high rising corporations for 2020.

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14. Jobber

Income in 2019 (in thousands and thousands of {dollars}): 30.5

Variety of staff: 200

Ranked because the second fastest-growing software program firm in Canada, Jobber has achieved substantial success in a brief period of time. Launched in 2011, Jobber now serves 70,000 lively prospects throughout 43 totally different international locations throughout the globe. Just like the title suggests, Jobber sells its software program as a service to these seeking to open or at the moment working a small enterprise. The appliance consists of a number of providers corresponding to invoicing, scheduling, bank card processing, and enterprise financing. The CEO, Sam Pillar, claims to make use of his personal software program to this present day to assist him with working the enterprise as nicely.

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13. Simba Applied sciences

Income in 2020 (in thousands and thousands of {dollars}): 42

Variety of staff: 171

The thirteenth entry on our listing of the most important Canadian software program corporations is Simba Applied sciences. Providing providers corresponding to integration providers, OEM improvement, and product certification and testing. The corporate is most recognizable for offering software program improvement for Linux, Home windows, and UNIX amongst different platforms.

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12. Maropost

Income in 2019 (in thousands and thousands of {dollars}): 45

Variety of staff: 171

Based in 2011, Maropost at the moment has its headquarters in Toronto, Canada. The corporate presents a cloud-based advertising and marketing automation platform for companies working in a wide range of totally different sectors. An fascinating truth about Maropost is that it has turn out to be one of many fastest-growing corporations in North America inside a short while interval, regardless of not elevating any funding. Maropost is at the moment situated in three totally different international locations, with workplaces in Toronto, Canada in addition to Chandigarh, India, and Stockholm, Sweden.

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11. Prodigy

Income in 2019 (in thousands and thousands of {dollars}): 56.1

Market Worth (in thousands and thousands of {dollars}): 124

Variety of staff: 380

Named the fastest-growing software program firm two years in a row by Canadian Enterprise, Prodigy Training (previously generally known as Prodigy Video games) is a rising competitor within the software program business. Established in 2008, the corporate has had a 14,866 p.c improve in progress in simply 5 years, from 2013-2018. The software program firm primarily works in creating math video games for kids all around the world.

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10. Absolute Software program Company

Income in 2019 (in thousands and thousands of {dollars}): 98.9

Market Worth (in thousands and thousands of {dollars}): 860.53

Variety of staff: 500

Absolute Software program Company makes a speciality of endpoint safety options for smartphones and computer systems, in addition to knowledge threat administration. In January 2020, it was listed by Forbes as one of many high 10 cybersecurity corporations to be careful for in 2020. The corporate’s flagship product is the Absolute Persistence Platform, embedded in additional than 500 million gadgets throughout the globe. Headquarters for the Canadian-American firm are in each Vancouver, Canada and Austin, Texas.

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9. TouchBistro Inc.

Income in 2019 (in thousands and thousands of {dollars}): 117

Market Worth (in thousands and thousands of {dollars}): 725

Variety of staff: 560

Named Greatest POS System for Eating places by Enterprise Information Each day, TouchBistro is a software program firm offering eating places with a point-of-sale answer for IPads. The corporate’s app of the identical title helps tableside ordering, customized restaurant layouts, customized menus, invoice splitting, gross sales stories, in addition to order and money register printers. It’s a well-liked alternative for a lot of eating places throughout the globe.

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8. Hootsuite

Income in 2019 (in thousands and thousands of {dollars}): 150

Market Worth (in thousands and thousands of {dollars}): 725

Variety of staff: 1504

Based in 2008 by Ryan Holmes, Hootsuite has grown to turn out to be of the most important Canadian software program corporations by income. It’s a social media administration platform designed to assist organizations and companies execute social media methods throughout numerous totally different social media networks. The corporate was ranked #3 of the highest 25 corporations to work for in Canada by Linkedin in 2018. At the moment, the corporate boasts greater than 18 million prospects and staff at over 80 p.c of the Fortune 1000. It is usually one of the vital well-liked social media administration instruments for small enterprise homeowners seeking to market their enterprise successfully.

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7. Kinaxis

Income in 2019 (in thousands and thousands of {dollars}): 191

Market Worth (in thousands and thousands of {dollars}): 3,900

Variety of staff: 500

Based mostly in Ottowa, Ontario, Kinaxis has been a part of the software program business since 1984. Though described as a provide chain complement and gross sales software program firm, Kinaxis can be well-known for making giant subscription-based product for multinational corporations all around the world. The cloud-computing software program distribution mannequin Software program-as-a-service (often known as SaaS) is the place Kinaxis positive aspects 62 p.c of its income. Gartner named Kinaxis as a Chief within the 2019 Gartner Magic Quadrant for Gross sales and Operations Planning Programs of Differentiation for 3 years in a row.

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6. Descartes Programs Group

Income in 2019 (in thousands and thousands of {dollars}): 196

Market Worth (in thousands and thousands of {dollars}): 3,600

Variety of staff: 1550

Descartes Programs Group is most famously recognized for being among the many few corporations which survived the dotcom bubble of the late Nineteen Nineties. After going virtually bankrupt, Descartes Programs was capable of emerge as worthwhile within the mid-2000s. At the moment, it’s well-established for promoting cloud-based providers and logistics software program and was additionally named among the many Prime 220 Provide Chain Administration Software program Suppliers by Gartner in 2018.

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