On this article, we’ll check out the 15 largest software program corporations within the UK. If you wish to skip our detailed evaluation, you possibly can go on to 5 Largest Software program Corporations within the UK.
Hofy: A GroundBreaking Software program Startup within the UK
The UK is house to a number of groundbreaking software program startups. One such startup is Hofy. Hofy is an asset administration software program specializing in bettering the paradigm of distant work. The SaaS platform permits corporations to ship office gear to distant groups wherever on the planet. The corporate is house to greater than 200 IT merchandise in stock. It additionally presents free supply on units and high-spec laptops accessible on brief lead occasions.
On August 1, 2023, Hofy introduced a partnership with JumpCloud to grow to be a number one system onboarding answer. Workforce system onboarding in a distant setting is sort of difficult for corporations. As soon as customers order units, the order is routinely enrolled in JumpCloud. As soon as enrolled, staff are supplied with a whole toolset to start hassle-free work instantly. It’s also possible to learn our piece on the most cost-effective software program shares to purchase in accordance with analysts.
Main Software program Growth Corporations within the UK
The Sage Group plc (OTC:SGGEF), Endava plc (NYSE:DAVA), and Darktrace plc (OTC:DRKTF) are among the many main software program corporations in the UK. Let’s learn some choices and up to date updates from these corporations. It’s also possible to check out the highest paying international locations for software program engineers.
The Sage Group plc (OTC:SGGEF) is among the main software program corporations in the UK. The corporate offers know-how options and providers to small and medium enterprises throughout the globe, particularly in the UK, France, and america. The Sage Group plc (OTC:SGGEF) offers monetary administration, cloud accounting, and enterprise administration software program. Sage Intacct permits corporations to streamline their monetary processes, handle real-time reporting, and manage their finance perform. Sage Individuals offers corporations with automation, reporting, and analytics instruments to handle a world workforce and streamline HR operations. Sage X3 focuses on manufacturing administration, provide chain administration, and monetary administration. It helps corporations handle workflows, stock, gross sales, and buying. Sage 200 is a 360-degree platform geared toward offering thorough insights to corporations, reviewing quotes and buy orders, establishing a reference to banks, and making stock updates. Customers can even combine Sage 200 with Microsoft 365.
Endava plc (NYSE:DAVA) is a number one software program firm primarily based in London, United Kingdom. The corporate offers software program options to corporations within the finance, healthcare, media, and telecom industries. On February 29, Endava plc (NYSE:DAVA) introduced the acquisition of GalaxE Group, Inc., an expert providers firm primarily based in america. The acquisition will deliver a further 1,650 staff to Endava. The transfer will considerably improve Endava’s place within the American market, predominantly the healthcare sector. The acquisition is value $405 million, in money with some inventory. Of the whole quantity, $30 million might be paid after assessing GalaxE’s efficiency as a subsidiary of Endava.
Darktrace plc (OTC:DRKTF) is a cybersecurity software program firm primarily based in Cambridge, United Kingdom. The corporate leverages AI to detect and stop cyber assaults inside seconds. Frequent cyberattacks embody e mail phishing, ransomware, and threats to the cloud surroundings. On March 4, Darktrace plc (OTC:DRKTF) introduced a partnership with Xage Safety to guard corporations from cyber assaults and insider threats in crucial environments. The collaboration will leverage options by Darktrace’s AI-backed menace detection platform and Xage Safety’s zero belief safety platform to stop assaults. The partnership facilitates the identification of breaches at any stage of operational know-how and IT environments.
Now that we’ve mentioned the software program trade in the UK, with out additional ado, let’s check out the 15 largest software program corporations within the UK. It’s also possible to learn our piece on the greatest software program infrastructure shares to purchase.
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Our Methodology
To make our record of the 15 largest software program corporations within the UK, we went over a number of sources, together with trade experiences, our rankings, and a number of related rankings. We additionally scanned the Finviz and Yahoo Finance inventory screeners. For public corporations, we checked every firm’s market capitalization, as of March 28, 2024, on Yahoo Finance. To quantify the “worth” or “dimension” of personal corporations, we chosen both the estimated valuation or the annual income accessible for the newest fiscal yr, topic to the supply of knowledge. The annual income was sourced from official statements by the corporate and the corporate’s web site. Our record of the 15 largest software program corporations within the UK is in ascending order of market caps, as of March 28, 2024, for public corporations, and annual income or estimated valuation for the newest yr accessible for personal corporations. Please be aware that we’ve transformed market caps and revenues to US {dollars} the place they had been talked about in kilos primarily based on trade charges as of March 28.
15 Largest Software program Corporations within the UK
15. Large Applied sciences PLC (LON:BIG)
Market Capitalization as of March 19, 2024: $402.40 Million
Beneath the model title Buddi, Large Applied sciences PLC (LON:BIG) offers an built-in know-how platform to observe people on a subscription mannequin. The corporate offers cloud-based monitoring and location-tracking software program to the legal justice trade, distant care trade, and the digital well being trade. Large Applied sciences PLC (LON:BIG) has a market capitalization of £398.19 million.
14. NCC Group PLC (LON:NCC)
Market Capitalization as of March 19, 2024: $492.13 Million
NCC Group PLC (LON:NCC) presents a variety of providers within the cyber and software program resilience enterprise. These providers embody danger administration, cloud and infrastructure, utility and safety software program, and {hardware} and embedded methods. NCC Group PLC (LON:NCC) has a market capitalization of £389.98 million and is headquartered in Manchester, United Kingdom.
13. Cerillion PLC (LON:CER)
Market Capitalization as of March 19, 2024: $577.31 Million
Cerillion PLC (LON:CER) ranks thirteenth on our record of the largest software program corporations within the UK, with a market capitalization of £457.48 million. It engages within the provision of software program for billing, charging, and buyer relationship administration to the telecom sector. Cerillion PLC (LON:CER) was based in 1999 and is headquartered in London, United Kingdom.
12. The Civica Group
Annual Income (2021): $583.09 Million
The Civica Group is a software program enterprise primarily based in London, United Kingdom. The corporate offers cloud software program, knowledge and analytics software program, and monetary administration software program, amongst others, to public our bodies throughout the globe. In 2021, The Civica Group reported income value £458.9 million. Greater than 5,000 public entities use the corporate’s software program options.
11. Alfa Monetary Software program Holdings PLC (LON:ALFA)
Market Capitalization as of March 28, 2024: $631.48 Million
Alfa Monetary Software program Holdings PLC (LON:ALFA) is a number one software program firm primarily based in the UK. The corporate offers a cloud-native know-how platform to asset finance corporations throughout the globe. It helps companies optimize their level of sale, handle collections and restoration, set up automated buyer servicing, and plan elaborate wholesale floorplans. Alfa Monetary Software program Holdings PLC (LON:ALFA) has a market capitalization of £500.41.
10. Studying Applied sciences Group plc (OTC:LTTHF)
Market Capitalization as of March 28, 2024: $832.29 Million
Studying Applied sciences Group plc (OTC:LTTHF) ranks because the twelfth largest software program firm in the UK. It offers studying, content material, service, and digital options. Gomo is an e-learning and video distribution software program. Rustici is an e-learning interoperability. PeopleFluent is an built-in expertise administration answer. Studying Applied sciences Group plc (OTC:LTTHF) has a market capitalization of $832.29 million.
9. GB Group plc (OTC:GBGPF)
Market Capitalization as of March 28, 2024: $850.33 Million
With a market capitalization of $850.33 million, GB Group plc (OTC:GBGPF) ranks among the many largest software program corporations within the UK. The corporate offers digital identification services and products throughout three segments: location, identification, and fraud. GB Group plc (OTC:GBGPF) was based in 1989 and relies in Chester, United Kingdom.
8. Public sale Expertise Group PLC (LON:ATG)
Market Capitalization as of March 28, 2024: $949.38 Million
Public sale Expertise Group plc (OTC:ATHGF) ranks eighth on our record of the largest software program corporations in the UK. The corporate operates eight public sale marketplaces. Public sale Expertise Group plc (OTC:ATHGF) additionally presents a set of merchandise, Wavebid, for public sale home administration. The corporate additionally owns an built-in fee answer, atgPay, and an built-in delivery answer, atgShip. Customers can even use the World Public sale Platform to broadcast items and providers they want to public sale in real-time. A few of the hottest marketplaces by the corporate embody thesaleroom.com, liveauctioneers.com, lot-tissimo.com, EstateSales.NET, and BidSpotter.com.
7. Synthesia
Estimated Valuation (2023): $1.00 Billion
Synthesia is a media era firm primarily based in London, United Kingdom. The platform permits corporations to create skilled movies with out the necessity for mics, cameras, actors, and studios. Customers can create high-quality movies in over 130 languages. On June 13, 2023, CNBC introduced that the corporate raised $90 million from traders, bringing its worth to $1 billion. The funding spherical was backed by Accel and NVIDIA Company (NASDAQ:NVDA).
6. VTEX (NYSE:VTEX)
Market Capitalization as of March 28, 2024: $1.50 Billion
VTEX (NYSE:VTEX) is a number one B2B and B2C e-commerce answer. It offers digital commerce options, market and vendor administration instruments, and order administration software program. The platform comes with an in-built CMS and storefront accelerators. Customers can even use the platform to onboard new sellers, handle merchandise, monitor vendor efficiency, and combine with backend methods. VTEX (NYSE:VTEX) has a market capitalization of $1.5 billion and is headquartered in London, United Kingdom.
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Disclosure: None. 15 Largest Software program Corporations within the UK is initially revealed on Insider Monkey.