The 5 Largest Canadian Software, Canada, is known for hockey and maple syrup; however, it is usually dwelling among the world’s leading software program corporations. It is likely one of the top international locations for software program improvement, and the software sector accounts for among the largest corporations in Canada. The giant Canadian software program corporations, by market capitalization, embody Constellation Software program Inc., OpenText Company, CGI Inc., Descartes Programs Group Inc., and Kinaxis. Two of those corporations, Constellation Software program, and CGI, are among the many 30 largest corporations in Canada by market capitalization. These corporations have different enterprise profiles and function on totally different enterprise fashions, so evaluating them is not apples to apples; nonetheless, they’re among the key leaders of their particular sectors below the software program umbrella.
- Constellation Software program Inc.
The constellation Software program has a market capitalization of $29 billion and annual revenues of over $2.5 billion in 2019. It operates internationally, providing its market-leading software program and companies to various industries in the general public and private sectors. Shares are listed on the Toronto Stock Exchange (TSX) below the ticker image CSU. The constellation Software program was established in 1995 to amass a portfolio of rising market software program corporations that possess the qualities essential to make them leaders of their specific markets. Via a mix of acquisitions and natural development, the corporate has skilled, speedy growth and established an association of corporations that serve a big and various buyer base. Constellation supplies its companies to over 30,000 customers, working in additional than 30 international locations worldwide. The corporate has places of work all through North America, Australia, and Europe. It employs greater than 16,000 employees.
- CGI Inc.
CGI Inc. is a Montreal, Quebec info know-how firm concerned in methods integrations, consulting, and outsourcing. Whereas not strictly a software program firm, it does present various merchandise, together with safe cloud computing, designed to assist with sharing knowledge and knowledge. CGI has a market worth of $16.Four billion, making it one of many high 30 corporations in Canada. The inventory is listed on each of the New York Inventory Trade (NYSE) and the Toronto Inventory Trade below the ticker GIB. The corporate had 2019 revenues of $12,111.2 billion.
- OpenText Company
OpenText Company, with a market cap of $10.Four billion is one other high Canadian software program firm. Headquartered in Ontario, the corporate cultivates and sells enterprise information management (EIM) software program options to leading corporations in many industries. OpenText software program purposes are used to handle content material or unstructured knowledge for many sorts of governance and monetization necessities for big corporations, skilled service companies, and authorities’ companies. OpenText’s The 5 Largest Canadian Software ongoing development is mainly due to its many acquisitions, together with Actuate Company, Data Graphics Company, GXS Inc., and Cordis. OpenText is a publicly-traded firm listed on TSX and the NASDAQ below ticker OTEX. The agency employs roughly 12,200 folks and had revenues of $2 billion in 2019.
Kinaxis is an Ottawa, Ontario-based provide chain administration and gross sales software program firm. It makes subscription-based merchandise for giant, multinational corporations. Almost 62% of the corporate’s income is from software as a service. Kinaxis was based in 1984 and employed 500 employees. It has a $3.9 billion market cap, $191 million in revenues for 2019, and shares are traded on the Toronto Inventory Trade below ticker KXS.
- Descartes Programs Group Inc.
Based mostly in Waterloo, Ontario, Descartes Programs is concerned in provide chain administration software programs, logistics software programs, and cloud-based companies. The corporate nearly went bankrupt in 2000 within the wake of the dotcom bubble, however it has since reemerged as a worthwhile firm. Descartes Programs at present has a market cap of $3.6 billion, and 2019 revenues have been $196 million. The inventory trades on TSX and the NASDAQ below the ticker image DSGX.