Today we are going to read about the 5 biggest Canadian software companies, based on Insider Monkey’s latest article. The world develops in at an incredibly fast pace, and we can hardly keep abreast of the times sometimes. Nevertheless, we use large number of softwares during the day from setting the alarm clock on our smartphone to track the daily jogging. We depend on the modern technology in every aspect of our lives. Consequently, software companies have started to improve and spread extremely quickly all over the world.
Now we are going to take a look at the largest Canadian software companies according to Insider Monkey. Well, let’s see! On the fifth spot here comes Altus Group with a revenue of $444 million, a market value of $2,020 million. The company has 2,200 employees. Altus was launched on 2005 by Gary Yeoman, and operates in software, data solutions and independent advisory services for the global real estate industry. It sells both data analytics solutions and global software products. The company acquired Argus Software in 2011 which began its entry into the real estate software industry. Shopify is the fourth company on the list, with a revenue of $1,578 million, a market value of $149,870 million. The company has 5,000 employees. Shopify was established in Ottawa, Ontario in 2006. It offers a platform for online retailers to sell, ship, and manage their inventory as well as a point-of-sale system to manage transactions. It operates in over 175 countries with more than 3.6 million stores using the Shopify platform. Constellation Software with a revenue of $2,500 million, a market value of $29,000 million. The company has 1,797 employees. The company was launched in 1955 by Mark Leonard. It mainly operates in acquiring other companies within the technology sector. According to Insider Monkey, Constellation Software has six segments, each focused on acquiring companies from different sectors of the market. For instance, Jones Software concentrates on hospital and construction industry, while Harris Computer Systems is involved in the public sector. The company has locations in more than 30 countries, such as USA, UK and Australia, while provides services in more than 100 countries. For more detailed information and the entire article, please click and jump to biggest Canadian software companies.