The Software Report Announces The Power 500 Software Companies of 2023
The most important and influential companies leading each software category
NEW YORK, Jan. 25, 2023 /PRNewswire-PRWeb/ -- The Software Report has compiled a list of the 500 most important software companies for 2023. Beginning in 2017, each year we have published feature articles on the software industry's best companies and most accomplished executives based on our own extensive research. It is only fitting that we now focus on the most influential companies that are most relevant to how businesses and individuals work, play, and interact with the rest of the world.
The Power 500 Software Companies is a dynamic list which will be adjusted from time to time as new companies emerge as category leaders and as others decline or are acquired. Ultimately, the list will represent the top competitors in each category, such as business processing, human capital management, marketing, collaboration and development, data management and analytics, cybersecurity, and customer management, among others.
Awardees were selected based on product excellence, organizational strength, company growth, investor backing, and management team caliber, among other attributes. We also paid close attention to user ratings.
Please join us in recognizing the achievements of The Power 500 Software Companies of 2023.
As we move into 2023, the software sector remains strong and its resiliency will ensure its durability well into the future. As remote working continues to grow, so will the way employees communicate and collaborate, ushering in a new set of platform innovations. Along with the great migration of data from internal infrastructure to the cloud, the use of SaaS products shows no sign of slowing down. We estimate the global SaaS market to exceed $200 billion in 2023.
About The Software Report
The Software Report is a comprehensive source for market research and insights, business news, investment activity, and corporate actions related to the software sector. Based in New York City, the firm is run by a seasoned team of editors, writers, and media professionals highly knowledgeable on software and the various companies, executives, and investors that make up the sector.
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