The Dutch economy is making a tremendous progress in 2018. Several factors cause an economic growth of 3.2% in 2018 and 2.7% in 2019.
A driving force behind these growth rates is the Dutch software sector. In May 2018, ING published its findings: Software is a growth sector driven by cloud computing and digitization of the economy. In 2018, the sector is expected to grow in volume by 4.5 percent. Particularly software and services in the field of security are growing fast. Finding suitable personnel slows down the further expansion of the sector. Four out of ten entrepreneurs see this as an obstacle.
According to Gartner, the global Enterprise Software market is growing with an impressive 11.1% in 2018! Results from the Main Software 50 show that Dutch software companies grow strongly and do not perform less than their international competition. The average growth of participating companies in the Main Software 50 is 13%. Half of the participating companies in the Main Software 50 even grow by more than 20% on an annual basis.
The software industry proves to be an important engine for innovation and growth of Dutch companies. The biggest obstacle to achieving even more growth, according to ING’s research, is finding (suitable) staff. Like in previous years, the goal of the Main Software 50 is to provide more visibility to the Dutch software industry in general and to the 50 most successful Dutch software companies in particular!