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Asseco Becomes Europe's Seventh Largest Software Vendor

Asseco ranked seventh in the prestigious Truffle100 report containing a list of top 100 software vendors in Europe.

Asseco ranked seventh in the prestigious Truffle100 report containing a list of top 100 software vendors in Europe.

Asseco's seventh place is an advance by one position as compared to the last year's ranking. This was achieved owing to the Group's excellent financial performance in 2010 when it collected EUR 516 million from sales of software, out of the total revenues of EUR 808 million. Furthermore, the Group earned EUR 103 million in net profit.

The Truffle100 ranking is prepared under the auspices of the European Commission and it discusses the market of Europe's major software producers. The group of leaders is headed by Germany's SAP with EUR 12.3 billion in software revenues, followed by France's Dassault Systèmes (EUR 1.5 billion) and Britain's Sage (EUR 1.5 billion). The ranking is dominated by companies from the UK, France and Germany.

Combined revenues from sales of software generated by all the firms included in the 2010 listing reached EUR 30.9 billion, this is over EUR 3 billion more than in 2009. Whereas, 52 per cent of such total turnover was generated by the ten largest players. In 2010, R&D spending of all the Truffle100 companies reached EUR 4.4 billion in aggregate, improving by 15 per cent in comparison with 2009.

 

More info: http://www.truffle100.com/2011/ranking.php


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