10 Largest Software Companies in the World by Revenue

In this piece, we will take a look at the 10 largest software companies in the world by revenue. For more companies, head on over to 25 Largest Software Companies in the World by Revenue.

10. VMware, Inc. (NYSE:VMW)

Latest 12 Month Revenue: $13.25 billion

VMware, Inc. (NYSE:VMW) is a software company that provides data center products enabling firms to manage their infrastructure and run applications. The firm is based in Palo Alto, California.

Insider Monkey’s Q4 2022 survey of 943 hedge funds revealed that 68 had bought VMware, Inc. (NYSE:VMW)’s shares. Out of these, Jim Davidson, Dave Roux, and Glenn Hutchins’ Silver Lake Partners is the firm’s largest shareholder. It owns 42 million shares that are worth $5.1 billion.

9. Intuit Inc. (NASDAQ:INTU)

Latest 12 Month Revenue: $13.6 billion

Intuit Inc. (NASDAQ:INTU) is a diversified software firm with several products such as financial compliance, process management, and credit and loan acquisition. It is based in Mountain View, California.

By the end of last year’s fourth quarter, 92 of the 943 hedge funds polled by Insider Monkey had bought Intuit Inc. (NASDAQ:INTU)’s shares. The firm’s largest investor is Ken Fisher’s Fisher Asset Management which owns 2.4 million shares that are worth $939 million.

8. Automatic Data Processing, Inc. (NASDAQ:ADP)

Latest 12 Month Revenue: $16.6 billion

Automatic Data Processing, Inc. (NASDAQ:ADP) is a human resources software provider that allows companies to conduct operations such as payroll management. It is based in Roseland, New Jersey.

Insider Monkey took a look at 943 hedge fund holdings for last year’s fourth quarter and found out that 49 had bought Automatic Data Processing, Inc. (NASDAQ:ADP)’s shares. Its largest hedge fund investor is Terry Smith’s Fundsmith LLP which owns 5.5 million shares that are worth $1.3 billion.

7. Adobe Inc. (NASDAQ:ADBE)

Latest 12 Month Revenue: $17.6 billion

Adobe Inc. (NASDAQ:ADBE) is an American firm that provides professional and casual users with productivity software and tools. It is headquartered in San Jose, California.

99 of the 943 hedge funds polled by Insider Monkey in Q4 2022 had bought a stake in the firm, with Ken Fisher’s Fisher Asset Management being Adobe Inc. (NASDAQ:ADBE)’s largest investor through a $1.7 billion stake courtesy of 5 million shares.

6. Salesforce, Inc. (NYSE:CRM)

Latest 12 Month Revenue: $31.4 billion

Salesforce, Inc. (NYSE:CRM) is a customer relationship management software provider allowing firms to run marketing campaigns and generate analytics. It is based in San Francisco, California.

As of December 2022, 117 of the 943 hedge funds part of Insider Monkey’s survey had invested in Salesforce, Inc. (NYSE:CRM). Ken Fisher’s Fisher Asset Management is Salesforce, Inc. (NYSE:CRM)’s largest investor. It owns 13.8 million shares that are worth $1.8 billion.

5. SAP SE (NYSE:SAP)

Latest 12 Month Revenue: $32.70 (1EUR = 1.06USD)

SAP SE (NYSE:SAP) is an enterprise resource planning (ERP) software provider whose products enable firms to manage their supply chains, payroll, manufacturing, and other operations.

Insider Monkey dug through 943 hedge fund portfolios for last year’s fourth quarter and found out that 18 had bought the firm’s shares. SAP SE (NYSE:SAP)’s largest investor in our database is Ken Fisher’s Fisher Asset Management which owns 6.5 million shares that are worth $674 million.

4. Oracle Corporation (NYSE:ORCL)

Latest 12 Month Revenue: $46 billion

Oracle Corporation (NYSE:ORCL) is also an ERP platform provider allowing customers to plan their manufacturing and supply chain operations as well as run marketing. It is based in Austin, Texas.

65 of the 943 hedge funds polled by Insider Monkey had bought Oracle Corporation (NYSE:ORCL)’s shares during Q4 2022. The largest stakeholder is Jean-Marie Eveillard’s First Eagle Investment Management which owns 20 million shares that are worth $1.6 billion.

3. International Business Machines Corporation (NYSE:IBM)

Latest 12 Month Revenue: $60 billion

International Business Machines Corporation (NYSE:IBM) is a technology company that provides software products such as cloud platforms, threat detection, and data management. The firm is headquartered in Armonk, New York.

By the end of last year’s December quarter, 65 of the 943 hedge funds part of Insider Monkey’s survey had bought the firm’s shares. International Business Machines Corporation (NYSE:IBM)’s largest investor in our database is Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital which owns 5.5 million shares that are worth $777 million.

2. Microsoft Corporation (NASDAQ:MSFT)

Latest 12 Month Revenue: $204 billion

Microsoft Corporation (NASDAQ:MSFT) is one of the world’s largest technology companies. Its Windows operating system is the most widely used in its category, and the firm also offers productivity software.

259 of the 943 hedge funds polled by Insider Monkey during Q4 2022 had invested in Microsoft Corporation (NASDAQ:MSFT). Out of these, Michael Larson’s Bill & Melinda Gates Foundation Trust is the firm’s largest investor with a $9.4 billion stake that comes via 39 million shares.

1. Alphabet Inc. (NASDAQ:GOOG)

Latest 12 Month Revenue: $282 billion

Alphabet Inc. (NASDAQ:GOOG) is another technology behemoth with a search engine platform, a video streaming service, and productivity applications. Additionally, its Android software is the most widely used mobile operating system in the world.

Insider Monkey’s fourth quarter of 2022 survey covering 943 hedge funds revealed that 152 had bought the firm’s shares. Alphabet Inc. (NASDAQ:GOOG)’s largest investor in our database is Chris Hohn’s TCI Fund Management which owns 54 million shares that are worth $4.8 billion.

Disclosure: None. You can also take a look at Top 10 HR Companies in the World and Bill Gates’ Current Portfolio: 10 Dividend Stocks.

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