10 Top Software Development Companies in 2023 (2023)

Software companies are part of the broader computer industry and offer products in one of four categories: programmed services, system services, open source, and software as a service (SaaS). Software companies generate revenue from software licenses, maintenance services, subscription fees, support services, and much more.

Using cloud technology, a rapidly growing area, it’s easy for customers to pay a regular subscription fee to instantly access software over the Internet on a provider’s server. Software companies are some of the world’s leading developers of business solutions.

These are the top 11 software companies for 12 months of revenue tracking. This list is limited to companies that are publicly traded in the US or Canada, either directly or through ADRs. Some companies outside the US report earnings semi-annually rather than quarterly, so tracking data may be 12 months older than that of companies reporting quarterly.

Some of the stocks below are only traded over the counter (OTC) in the US, not on exchanges. OTC stock trading often has higher trading costs than stock trading on exchanges. This may reduce or exceed potential results.

Table of Contents

  • List of Top Software Development Companies
    • 1. Microsoft Corp (MSFT)
    • 2. Oracle Corp (ORCL)
    • 3. SAP SE
    • 4. Indium Software company
    • 5. Salesforce.com Inc. (CRM)
    • 6. Adobe Inc. (ADBE)
    • 7. VMware Inc. (VMW)
    • 8. Intuit Inc. (INTU)
    • 9. Square Inc. (SQ)
    • 10. Dassault SE Systems (DASTY)

List of Top Software Development Companies

In order to help you choose the right software solution, we’ve listed some of the top software development companies you can consider.

  • Microsoft Corp (MSFT)
  • Oracle Corp (ORCL)
  • SAP SE
  • Indium Software company
  • Salesforce.com Inc. (CRM)
  • Adobe Inc. (ADBE)
  • VMware Inc. (VMW)
  • Intuit Inc. (INTU)
  • Square Inc. (SQ)
  • Dassault SE Systems (DASTY)
  • SS&C Technologies Holdings Inc. (SSNC)

1. Microsoft Corp (MSFT)

Every company has a mission. What’s ours? To empower every person and every organization to achieve more. We believe technology can and should be a force for good and that meaningful innovation contributes to a brighter world in the future and today. Our culture doesn’t just encourage curiosity; it embraces it. Each day we make progress together by showing up as our authentic selves. We show up with a learn-it-all mentality. We show up cheering on others, knowing their success doesn’t diminish our own. We show up every day open to learning our own biases, changing our behavior, and inviting in differences. When we show up, we achieve more together.

  • Revenue (TTM): $143 billion
  • Net income (TTM): $44.3 billion
  • Market capitalization: $1.6 trillion
  • Cumulative total return at 1 year: 57.7%
  • Exchange: NASDAQ

Microsoft sells a wide range of software and services. It provides desktop processing services to businesses and individuals through the Microsoft Office Suite. As the world’s largest software company, Microsoft offers many operating systems, server applications, software development, and other products. It is also a leader in business cloud technology and services, as well as a provider of video game consoles, digital music services and much more.

2. Oracle Corp (ORCL)

We’re a cloud technology company that provides organizations around the world with computing infrastructure and software to help them innovate, unlock efficiencies and become more effective. We also created the world’s first – and only – autonomous database to help organize and secure our customers’ data. Oracle Cloud Infrastructure offers higher performance, security, and cost savings. It is designed so businesses can move workloads easily from on-premises systems to the cloud, and between cloud and on-premises and other clouds. Oracle Cloud applications provide business leaders with modern applications that help them innovate, attain sustainable growth, and become more resilient.

  • Revenue (TTM): $39.1 billion
  • Net income (TTM): $10.1 billion
  • Market capitalization: $171.9 billion
  • Cumulative total return at 1 year: 2.1%
  • Stock Exchange: New York Stock Exchange

Oracle creates enterprise information management software for networked computers, personal digital assistants, PCs, workstations, keyframes, and other devices. Oracle products are designed for use in sales, service, marketing, finance, human resources, supply chain and manufacturing, and other fields. The company also provides cloud infrastructure and services.


At SAP, our purpose is to help the world run better and improve people’s lives. Our promise is to innovate to help our customers run at their best. SAP is committed to helping every customer become a best-run business. We engineer solutions to fuel innovation, foster equality, and spread opportunity across borders and cultures. Together, with our customers and partners, we can transform industries, grow economies, lift up societies, and sustain our environment. #TheBestRun

  • Revenue (TTM): $31.1 billion
  • Net income (TTM): $5.0 billion
  • Market capitalization: $191.3 billion
  • Cumulative total return at 1 year: 33.7%
  • Stock Exchange: New York Stock Exchange

SAP is a multinational software company based in Germany that specializes in business software. SAP products include tools for business management and e-commerce, as well as a range of services including training and business consulting on management and software integration.

4. Indium Software company

Indium Software is a leading provider of Digital Engineering solutions with deep expertise in Application Engineering, Cloud Engineering, Data and Analytics, DevOps, Digital Assurance and Gaming.

Indium’s key differentiators are its specialization in Low Code Development, Ai-driven Text Analytics and Partnerships with tech companies such as Mendix, AWS, Denodo and Striim. Indium has a global presence with key focus in the US, UK, APAC and India with around 2000+ associates and clients ranging from leading ISVs to large enterprises.

Industry advocates namely Forbes, Dun & Bradstreet, Clutch have recognized us as a Trusted Digital Engineering partner for Innovative Startups & Visionary Enterprises. At Indium, we believe in continuous learning from the world around us that helps us perform better and stay ahead in the game. We practice an open work culture, where every Indiumite is encouraged to share knowledge, learn, and grow.

Specialties: Big Data Engineering, Predictive Analytics, Descriptive Analytics, Deep Learning, Machine Learning, Text Analytics, Mendix Development, Data Warehousing, Image & Video Analytics, Blockchain Development, Alpha Software Development, Software Testing Services, Data Analytics Solutions, Big Data Consulting, Performance Testing, Security Testing, STRIIM, Low Code Development, Quality Assurance, Test Automation, and mendix

    5. Salesforce.com Inc. (CRM)

    We bring companies and customers together on the #1 CRM. Sharing the news, events, and innovation you need to change the world for good.

    • Revenue (TTM): $18.2 billion
    • Net income (TTM): $-0.2 billion
    • Market capitalization: $181.5 billion
    • Cumulative total return at 1 year: 38.2%
    • Stock Exchange: New York Stock Exchange

    Business software company Salesforce.com provides customer relationship management software and services to business customers. Salesforce.com provides tools for marketing automation, customer service, operations, sales, and more. The company is best known for its technology platform that enables customers and developers to build and run business-related applications.

    6. Adobe Inc. (ADBE)

    Adobe is the global leader in digital media and digital marketing solutions. Our creative, marketing and document solutions empower everyone – from emerging artists to global brands – to bring digital creations to life and deliver immersive, compelling experiences to the right person at the right moment for the best results. In short, Adobe is everywhere, and we’re changing the world through digital experiences.

    • Revenue (TTM): $12.1 billion
    • Net income (TTM): $3.7 billion
    • Market capitalization: $214.4 billion
    • Cumulative total return at 1 year: 52.2%
    • Exchange: NASDAQ

    Adobe specializes in software products that are used in all types of print and electronic media. The company is recognized for products such as Adobe Creative Cloud Suite, Document Cloud, and Experience Cloud, among other multimedia and creative software products, as well as digital marketing tools.

    7. VMware Inc. (VMW)

    VMware is a leading provider of multi-cloud services for all apps, enabling digital innovation with enterprise control. At the heart of everything we do lies the responsibility and the opportunity to build a sustainable, equitable and more secure future for all. Since our founding in 1998, our employees and partners have been behind the tech innovations transforming entire industries. Today, we continue to cultivate a culture of innovation where curiosity meets execution. We work to harness the next wave of innovation and solve our customers’ toughest challenges through disruptive technologies, like edge computing, AI, blockchain, machine learning, Kubernetes, and more.

    • Revenue (TTM): $11.3 billion
    • Net income (TTM): $6.3 billion
    • Market capitalization: $60 billion
    • Cumulative total return at 1 year: -11.9%
    • Stock Exchange: New York Stock Exchange

    VMware is a cloud computing and virtualization software company that specializes in products that address a wide range of information technology (IT) problems. VMware software is designed to address operational inefficiencies, business continuity issues, software lifecycle issues, and to provide general desktop management tools.

    8. Intuit Inc. (INTU)

    Intuit is a global technology platform that helps our customers and communities overcome their most important financial challenges. Serving millions of customers worldwide with TurboTax, QuickBooks, Mint, Credit Karma and Mailchimp, we believe that everyone should have the opportunity to prosper and we work tirelessly to find new, innovative ways to deliver on this belief. We encourage conversations on this page and will not delete comments that follow our terms of use. In order to keep this a safe community, the below posts may be removed: Repeated posts of the same content, spam or posts from fake accounts or profiles, offensive language or material, threats to others in the community, posts deliberately aimed to have a negative effect on the community or conversations.

    • Revenue (TTM): $6.9 billion
    • Net income (TTM): $1.3 billion
    • Market capitalization: $81 billion
    • Cumulative total return at 1 year: 14.0%
    • Exchange: NASDAQ

    Business and financial software company Intuit is best known for its QuickBooks accounting software and TurboTax tax preparation software. The company’s products are designed for individuals, small businesses and accountants.

    9. Square Inc. (SQ)

    • Revenue (TTM): $5.1 billion
    • Net income (TTM): $0.3 billion
    • Market capitalization: $60.1 billion
    • Total cumulative return at 1 year: 96.6%
    • Stock Exchange: New York Stock Exchange

    Square is a mobile payment software and financial services company. It sells point of sale software that enables traders and customers to transact quickly, providing tools for digital receipts, sales reporting, and inventory analysis.

    10. Dassault SE Systems (DASTY)

    Dassault Systèmes, the 3DEXPERIENCE Company, is a catalyst for human progress. We provide business and people with collaborative virtual environments to imagine sustainable innovations. By creating ‘virtual twin experiences’ of the real world with our 3DEXPERIENCE platform and applications, our customers push the boundaries of innovation, learning and production.

    • Revenue (TTM): $4.8 billion
    • Net income (TTM): $0.6 billion
    • Market capitalization: $46.7 billion
    • Cumulative total return at 1 year: 19.9%
    • Exchange: OTC

    French company Dassault Systemes is a larger subsidiary of the Dassault Group, a conglomerate best known for its aviation and aerospace efforts. Dassault Systemes creates software for 3D product design, simulation and manufacturing, among other tasks.

    11. SS&C Technologies Holdings Inc. (SSNC)

    SS&C is a leading global provider of mission-critical, cloud-based software and solutions for the financial and healthcare industries. Named to the Fortune 1000 list as a top U.S. company based on revenue, SS&C (NASDAQ: SSNC) is a trusted provider to more than 18,000 financial services and healthcare companies, with over 24,000 employees and operations in 104 cities across 40 countries. Built upon a foundation of expertise, innovation and excellent customer service, SS&C powers some of the largest financial and healthcare firms in the world.

    • Revenue (TTM): $4.7 billion
    • Net income (TTM): $500 million
    • Market capitalization: $15 billion
    • Cumulative total return at 1 year: 29.4%
    • Exchange: NASDAQ

    SS&C Technologies provides financial and investment software, including tools for wealth management accounting, insurance and pension fund administration, and much more. The company’s main customer is in the healthcare and financial services industries.


    What are some big custom software development companies? ›

    List of Best Custom Software Developers & Firms
    • Simform. Digital Product Engineering and Talent Solutions. ...
    • Altar.io. Product & Software Development Agency. ...
    • ELEKS. Your Tech Partner for Market-leading Products. ...
    • 10Pearls. Enterprise Software, Apps and Staff Augmentation. ...
    • Boldare. ...
    • BEON. ...
    • Fingent. ...
    • The Software House.

    What a software development company does? ›

    What is a software development company? Software development companies design, develop and maintain applications, frameworks or other software components for businesses or consumers.

    What is custom software development? ›

    Custom software development is the process of designing, creating, deploying and maintaining software for a specific set of users, functions or organizations. In contrast to commercial off-the-shelf software (COTS), custom software development aims at a narrowly defined set of requirements.

    Who is the No 1 software company in USA? ›

    1. Microsoft Corporation. Microsoft Corporation, or simply Microsoft, is a multinational company involved in producing computer software, personal computers, consumer electronics and related service. Microsoft is among the best software companies in the USA and is well-known for its Windows line of operating systems.

    Which company is best for software engineer in USA? ›

    The top companies for software engineers are Google, Facebook, Apple, Amazon, and Microsoft. These companies are known for their cutting-edge technologies and for their ability to attract and retain the best talent.

    Which is the most powerful software company? ›

    • #1 Microsoft Corp. ( MSFT)
    • #2 Oracle Corp. ( ORCL)
    • #3 SAP SE (SAP)
    • #4 Salesforce, Inc. ( CRM)
    • #5 Adobe Inc. ( ADBE)
    • #6 Block Inc. ( SQ)
    • #7 Intuit Inc. ( INTU)
    • #8 VMware Inc. ( VMW)

    What's the #1 software development tool? ›

    GitHub is one of the best software development frameworks and tools to learn. It is a powerful collaboration tool and a website of repositories that enables developers to build applications and software, review code, manage projects, and host the code.

    Which is the No 1 largest software company in the world? ›

    Today, we'll look at some of the largest software companies in the world with the top picks being Microsoft Corporation (NASDAQ:MSFT), Alphabet Inc. (NASDAQ:GOOG), and International Business Machines Corporation (NYSE:IBM).

    Is software development a happy job? ›

    Roughly 70% of working developers are happy at work right now, with over 90% saying it is important for them to be happy at work.

    What is the difference between a software engineer and a software developer? ›

    Software developers and software engineers work on developing software, but they differ in scope. Software developers focus on one part of a computer system or application, while software engineers are responsible for the big picture. Despite these distinctions, some companies and teams use the terms interchangeably.

    What makes a great software development company? ›

    A top software development company build products according to well-defined objectives. It is essential that your tech partner must make and follow a strategic plan for your project. This assures satisfactory step-by-step project execution and successful completion.

    Why hire a custom software development company? ›

    A custom software development company with a lot of expertise may provide recommendations tailored to your requirements, regardless of the industry. As you continue working together, your outsourced company will get a deeper understanding of your offering and project requirements.

    What is the top 1 technology company? ›

    Apple, the world's largest tech company by revenue, generated $378.7 billion in 2022. Many of the biggest tech companies employ hundreds of thousands of people.

    What are the 5 American IT companies? ›

    Big Tech, also known as the Tech Giants, refers to the most dominant companies in the information technology industry, notably the five largest American tech companies: Alphabet (Google), Amazon, Apple, Meta (Facebook), and Microsoft. These companies are referred to as the Big Five.

    What is the largest IT company in the US? ›

    1. Microsoft: About the company: Located in Redmond, Washington, region Microsoft is the oldest IT company in the US top IT companies list.

    Which company is best for software developer? ›

    Best Companies for Software Engineers
    1. Google. Rating - 4.5/5. Avg. Base Salary - $150,000/year. ...
    2. Microsoft. Rating - 4.4/5. Avg. Base Salary - $120,000/year. ...
    3. Meta. Rating - 4.3/5. Avg. ...
    4. NVIDIA. Rating - 4.7/5. Avg. ...
    5. Adobe. Rating - 4.4/5. Avg. ...
    6. Salesforce. Rating - 4.5/5. Avg. ...
    7. Apple. Rating - 4.3. Avg. ...
    8. Amazon. Rating - 4.3. Avg.
    Nov 16, 2022

    Can you make 500k a year as a software engineer? ›

    Yes, a software engineer can make $500,000 a year.

    However, $500,000 a year is far higher than the average salary of a software engineer. Software engineers typically earn a salary that falls within the range of $60,000 per year to $130,000 per year.

    Which city in US has most software companies? ›

    San Francisco. Software development is one of the most important aspects of any business.

    Who is king of software? ›

    Microsoft is King of Computer Software.

    What is the richest IT company in the world? ›

    Microsoft is the world's leading and valuble and the most visible IT company, with over $161 billion in revenue in 2022. Microsoft Corporation was founded in 1975 by Bill Gates and Paul Allen in Redmond, Washington, and is one of the world's largest technology companies.

    Who is the king of software industry? ›

    In the process, Gates rose to become one of the wealthiest people on the planet. Biography Of Famous Industrialist Software King Bill Gates By Saw...

    What are the 3 main softwares? ›

    There are different types of software that can run on a computer: system software, utility software, and application software.

    Which programming language is best for software development? ›

    Python and C++ are two of the best programming languages for software development, though each language has its ideal uses. Python is versatile in its practical applications; developers often use it to power artificial intelligence, machine learning, web, and development.

    What is the oldest software company? ›

    The first company founded to provide software products and services was Computer Usage Company in 1955. Before that time, computers were programmed either by customers, or the few commercial computer vendors of the time, such as Sperry Rand and IBM.

    What is the top software company name? ›

    The List of Top 10 Most Popular Software Development Companies in India 2023
    1. Hyperlink InfoSystem. ...
    2. Beyondsoft. ...
    3. Kellton Tech Solutions. ...
    4. Globant. ...
    5. TCS. ...
    6. GS Labs. ...
    7. ValueLabs. ...
    8. Accenture.
    Oct 4, 2022

    What is the third largest software company? ›

    Forbes Global 2000
    1MicrosoftRedmond, Washington, US
    2Google1600 Amphitheatre Parkway, Mountain View, California, U.S.
    3IBMArmonk, New York, US
    4OracleAustin, Texas, US
    42 more rows

    Is it worth becoming a software engineer in 2023? ›

    The future of software engineering is surely bright, keeping in mind the increasing technological demands of the world. In 2023, the demand for software engineers rose by nearly 17% across all industries, as per Opportunity Desk.

    Are programmers in demand 2023? ›

    Software development is still the top job

    The U.S. Bureau of Labor Statistics (BLS), part of the Department of Commerce, says overall employment of software developers, quality assurance analysts, and testers is projected to grow 25 percent between 2021 and 2031, much faster than the average for all occupations.

    Is software developer very stressful? ›

    A developer's job is very stressful due to its nature: you need to build or create, and you need to do it quickly.

    Who gets paid more software engineer or developer? ›

    Software engineers earn a slightly higher salary than software developers. However, this is the difference, the average software engineer earns $95,000 per year, and the average software developer earns $94,000 per year. In other words, the average software engineer only earns 1.06% more.

    Who earns more software engineer or full stack developer? ›

    The average starting salary for a full-stack developer is USD 115,306, which is 0.8 times more than software engineer when you compare the software developer vs full-stack developer salary. Software developers earn USD 96,782 annually when they are hired and their salaries increase with each year of experience.

    Which is harder software engineer or developer? ›

    It should be noted that because software engineers are required to have a higher level of technical skill than developers, it's often easier for an engineer to work as a developer than the other way around.

    How do I choose a good software company? ›

    10 Key Considerations for Choosing a Software Company
    1. Time zone. Source: Pexels. ...
    2. Experience and portfolio. Source: Unsplash. ...
    3. Reviews and references. ...
    4. Scope. ...
    5. Technology stack and testing. ...
    6. Communication. ...
    7. Availability and time frame. ...
    8. Cost and ROI.

    How do I choose a software development company? ›

    10 tips to choose the right custom software development company
    1. Get Referrals from People. ...
    2. Discuss about Coding. ...
    3. Check the Company Portfolio. ...
    4. Understand different Software Systems. ...
    5. Focus on Delivery Time. ...
    6. Emphasize upon Good Communication Skills. ...
    7. Clarify about the Application Ownership. ...
    8. Pay attention on User Experience.

    How do you know if a software company is good? ›

    5 Ways To Tell If a Software Development Company is Good
    • List your needs ahead of choosing. Before choosing a software development company, you need to list the specification of the product you want to develop, accurately. ...
    • Only trust reliable ratings. ...
    • Use LinkedIn to check companies. ...
    • Dive into company portfolios.

    What are the 3 types of software with example? ›

    Types of Application Software and Examples
    • Word Processing Software: Google Docs, Microsoft Word, WordPad and Notepad.
    • Database Software: MySQL, Microsoft SQL Server, Microsoft Access, Oracle, IBM DB2 and FoxPro.
    • Spreadsheet Software: Google Sheets, Apple Numbers and Microsoft Excel.
    Nov 10, 2020

    What are the two main types of software and examples? ›

    System Software vs Application Software
    System SoftwareApplication Software
    Examples: Operating systems, device drivers, firmware, programming language translators, and utility programs.Examples: Word processors, web browsers, database management systems, graphics software, etc.
    7 more rows
    Apr 1, 2023

    What is specialized software? ›

    Specialized software is software that is written for a specific task rather for a broad application area.

    What is another word for custom software? ›

    Customised software (also known as bespoke software or tailor-made software) is software that is specially developed for some specific organization or other user.

    What is the difference between bespoke and custom software? ›

    Off-the-shelf software is a product that you buy and use without customisation – take Microsoft's Office Suite or Adobe Photoshop for example. Bespoke software is designed and built on demand with a specific purpose in mind for the organisation that has commissioned the build.

    What is a generic software? ›

    As the name suggests, Generic Software is designed in general for public use. A software that isn't designed for a specific purpose or person. Generic software is also known as content-free applications. Every person in their school, college, or work has used generic software, maybe for a project, a presentation, etc.

    How do I find the best custom software development company? ›

    Contact the shortlisted companies

    Begin contacting these companies. Ask the software development providers for references. Contact their clients and ask them about their experiences working with the vendor. Take note of the performance software development companies give even before they get their payment.

    How do companies hire developers? ›

    There are three main ways they accomplish this: internal human resources (HR) tactics, IT hiring partners and project outsourcing.

    How do I choose a software development agency? ›

    5 Tips for Choosing a Software Development Company
    1. Define Project Goals and Timeframe. ...
    2. Find Software Development Companies. ...
    3. Check Their Portfolio and Experience In Your Domain. ...
    4. Check Whether They Specialize In What You Need. ...
    5. Make Sure They ACT As A Devoted Partner. ...
    6. Cost-efficiency. ...
    7. Agile Project Management.
    Jan 12, 2023

    Which companies pay the most to software developers? ›

    Some of the highest paying software engineering companies are:
    • Apple.
    • Snap.
    • Google.
    • Microsoft.
    • Oracle.
    • DoorDash.
    • Facebook.
    • VMWare.
    Jan 19, 2023

    What is the most important software company? ›

    1. Microsoft Corporation. Microsoft is one of the world's largest and most well-known enterprise software companies, with yearly revenues well into the billions. The company provides computer operating systems, productivity, and office software to customers in nearly every industry imaginable.

    How much money needed to start software development company? ›

    It is important to remember that you will also need to pay taxes on your income, so make sure you have enough money set aside to cover your expenses. Startup costs for software companies range from $30,000 to $150,000 depending on the business scale.

    What is the most popular software development model? ›

    Waterfall is one of the most widely used software development models, as it has been in use for decades. In this model, all stages of development are sequential — meaning that a team must complete one stage before moving on to the next.

    What are the top three industries that employ software developers? ›

    Let's take a look at the top five industries hiring software engineers: retail, healthcare, banking/financial services, business/IT services, and government/defense.

    What are the most popular types of software development services? ›

    The most popular types of software development services are:
    • Web development.
    • Mobile development.
    • Design services.
    • Application development.
    • Back-end development.
    • Software tools development.
    • API development.
    • Embedded systems development.

    Which company is the world's leading software developer? ›

    (MSFT) Microsoft provides the Windows computer operating systems software, Office applications suite, and the Azure cloud computing service. The largest software company in the world also develops server applications, tablets, and video game consoles.

    Which country is number one in software development? ›

    The 2021 test combined 15 different domains, including mathematics, data shell, data structure, Java, etc. Programmers from different countries scored different results depending on the domain of the test. On the overall score, China and Russia rank in the top positions with the most talented programmers.


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