RealRate’s 2023 ranking for U.S. Software is now out! The results, which are sorted by financial strength, can be seen below.
The Top 10 Software companies are as follows:
The top 3 companies in order are Zedge, Destiny Media Technologies, and Duck Creek Technologies. Zedge did well due to its strong Net Income performance. Destiny Media Technologies and Duck Creek Technologies did well due to their superior Liabilities scores.
Congratulations to Zedge, who consolidated its 1st position in 2022. That is after its 33rd place in 2021, too. Kudos also to Destiny Media Technologies, who have risen from 11th in 2021, through to 5th in 2022, and upwards to 2nd this year. Duck Creek Technologies was a newcomer last year in 15th place and has gone all the way to 3rd this year.
From a total of 27 companies, 6 received our ‘Top Rated’ award.
The companies from 11th-20th are as follows:
Revenue in the U.S. software market is projected to reach a colossal $338.20 billion in 2023. Three Software companies recorded revenue of over $15 billion in 2020.
The largest market within Software is Enterprise Software, with a projected market volume of $139.20 billion in 2023.
In global comparison, most revenue will be generated in the United States.
The most incredible thing we do at RealRate is to deliver a system of ratings that are fair and independent. We bring together expert knowledge and groundbreaking AI in a package we are immensely proud of.
It is this AI model that computes the all-important Economic Capital Ratio figure.
We are truly unbiased and only work with audited public data. We are explainable and fair and do not have any conflicts of interest.