MENU

Main Software 50 edition 2016


For the fifth year in a row, software investor Main Capital organizes the Main Software 50 to increase the visibility of the Dutch software sector, as a driver of growth and innovation. The interest from the media, business world and investors for the event gets bigger every year.

Key statistics Main Software 50 edition 2016

+18%
Total revenue
+22%
Median
revenue growth
39%
SaaS revenue
30%
International
revenue

18%
Partner revenue
+18%
Total number
of employees
129k
Revenue per FTE

List Main Software 50 edition 2016

Fle

Position Company Industry Winner Score Founded in Location
1 Voiceworks/Summa Communication Software Overall 1 100,000 2005 Almere
2 Slimstock Supply Chain Mangement (SCM) Overall 2 98,771 1993 Deventer
3 Raet Human Resource Management (HRM) Overall 3 97,700 1965 Amersfoort
4 VisionsConnected Communication Software 96,963 2007 Amsterdam
5 iMerge E-commerce / Content publishing 96,379 1999 Nieuwegein
6 VitalHealth Software Healthcare software 95,365 2005 Ede
7 RES Security Software 95,303 1999 s-Hertogenbosch
8 Sana Commerce E-commerce / Content publishing 94,949 2008 Rotterdam
9 Every Angle Software Solutions Business Intelligence (BI) 94,616 2001 Gouda
10 Tools4ever Security software 94,198 1999 Baarn
11 ReadSpeaker Speech technology 92,705 2007 Huis ter Heide
12 CGE Risk Management Solutions Governance Risk & Compliance 92,359 2010 Leidschendam
13 SpamExperts Security software 91,574 2006 Amsterdam
14 MP Objects (MPO) Supply Chain Mangement (SCM) 91,234 2000 Rotterdam
15 Roxit Groep Enterprise Resource Planning (ERP) 91,206 2015 Zwolle
16 Copernica Marketing software 90,997 2005 Amsterdam
17 Bynder Marketing software Highest Growth 90,717 2013 Amsterdam
18 Uptrends Performance Monitoring 90,345 2007 Alphen aan den Rijn
19 Ezwim Telecom expense management software 89,174 2001 Amsterdam
20 Connexys Human Resource Management (HRM) 89,134 1999 Rotterdam
21 Quadira Enterprise Document Management (EDM) 89,064 1999 Veghel
22 Connectis Security software 89,029 2008 Rotterdam
23 FIQAS Software Financial software 88,418 1989 Aalsmeer
24 Regas Healthcare software 88,362 1997 Woerden
25 HOTflo Company Healthcare software 88,148 2011 Weert
26 Smart4Aviation Technologies Business Process Management (BPM) 88,048 2010 Schiphol-Rijk
27 Trimergo Enterprise Resource Planning (ERP) 87,726 2001 Apeldoorn
28 Ymor IT Operation Analytics (ITOA) 87,138 2003 Utrecht
29 Axxerion Facility Management Software (FMS) 86,673 2004 Heteren
30 OnGuard Financial software 86,402 1992 Nederhorst den Berg
31 Scanmar Group Business Intelligence (BI) 85,810 1990 Houten
32 Pridis Communication Software 85,472 2003 Nijkerk
33 inSided Customer Experience Management (CEM) Cloud Champion 85,136 2010 Amsterdam
34 SmartHOTEL Enterprise Resource Planning (ERP) 85,065 2007 Reeuwijk
35 Shipitsmarter.com Supply Chain Mangement (SCM) 84,936 1999 Hilversum
36 Cow Hills Retail Retail software 84,106 2006 Leusden
37 ProActive Software Financial software 84,023 1999 Haarlem
38 Schouw Informatisering Enterprise Resource Planning (ERP) 83,114 1998 Etten-Leur
39 Ridder Data Systems Enterprise Resource Planning (ERP) 83,084 1982 Harderwijk
40 Negometrix Financial software 82,880 2000 Utrecht
41 Cyclomedia Geographic Information Systems (GIS) 82,852 1991 Zaltbommel
42 Ortec Planning & Optimalization Software 82,633 1981 Zoetermeer
43 Blue Billywig Video Management Software (VMS) 81,970 2006 Hilversum
44 Mavim Business Process Management (BPM) 81,628 1990 Noordwijk
45 Sofon CRM (Sales Effectiveness) 80,472 1998 Son
46 Reports Business Intelligence (BI) 80,199 2006 Almere
47 AllSolutions Enterprise Resource Planning (ERP) 79,886 1987 Woerden
48 FlexService Solutions Human Resource Management (HRM) 79,625 2000 Hilversum
49 INmatix Fleet Management Software 79,527 2010 Hattem
50 Nmbrs Human Resource Management (HRM) 79,378 2007 Amsterdam

Revenue growth

Total sales of the top 50 companies summed up to € 614m (2015 figures), which is an increase of 13% compared to 2014! Of the participants, 58% of the companies grew with over 20% annually. The median revenue growth was 22%. The growth forecast is strong: 64% of all participating companies expect to grow with more than 20% in the next two years! Of all software companies, 85% delivers its software also in the cloud.

International success

This year the percentage of international sales again increases to, on average, 30% of the total revenue. Dutch software companies are increasingly more capable to sell their software abroad. 36% of the companies even gets more than 50% of their total sales from abroad!

Partner Channel

Having a partner strategy will result in additional growth. Companies that generate between 10% of their sales through their partner channel, grow by 29% in total revenues. In addition, the percentage of partner turnover increases to an average of 18% of total sales.

Profitability

Fast-growing software companies are able to grow while maintaining profitable! 74% of all registered companies achieved a profit margin of more than 10% and even 42% of the software companies achieved a profit margin exceeding 20%. Noteworthy is that loss making software companies who have invested in growth, don’t show the highest growth. Companies with a profit margin of 6-10% do show the highest growth.

Innovation

Software companies invest more in R&D than average. Over 90% of all respondents will invest more than 10% of their annual turnover in R&D.

Employment

All combined, the Main Software 50 companies employ 4,753 FTEs, an increase of 18% compared to last year. Average revenue per FTE is € 129k which also increase compared to Main Software 50 edition 2015.

The Main Software 50 is an initiative of Main Capital Partners

Partner
Partner
Partner
Partner