Software is a marvel of the 21st century with lines of code telling machines (and humans) what to do and when, which results in the most powerful software. This allows leading software providers to achieve impressive profits and revenue margins. With a move to software-as-a-service subscription models, many have a large base of recurring revenues and are able to scale with demand. The list of the top software companies for this year includes those that focus on process intelligence, cybersecurity and workflow management.
Celonis uses its process intelligence solutions to build digital copies of an entire business process. This helps businesses uncover hidden opportunities and profit from these opportunities. The company is a leader in this area and serves more than half of Forbes top 200 worldwide companies. Duo Security provides cybersecurity products that focus on authentication processes, such as authenticating a user’s identity through various protocols (such receiving a call from the number they have on record or relaying text codes). This is a crucial segment, especially in light of the emergence of fake identities and compromised identities on the internet.
Microsoft is a market leader in this field with its range of enterprise solutions. These solutions allow businesses to collaborate, manage their data, and streamline their operations. They also help improve productivity and allow employees to work from any location at any time.
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