What's a not so famous software company that makes a lot of money

Question

Hello,We all have heard of big name software companies but what are some unusual software companies that makes millions every year which we might not have heard of?

mtmail · Accepted Answer

In the GIS space there's https://en.wikipedia.org/wiki/Esri It's like the Microsoft Office of creating and analysing spatial data. 1 billion USD revenue, 3000 employees and private owned, making the owner a billionaire (net worth estimated 8 billion USD).

mguerville · Answer

I work for CCC IS, we make software to help collision repair facilities and auto insurers estimate the damage to your vehicle and the needed repair&hellip; only in the US, only private vehicle auto insurance&hellip; $7B market cap

sashank_1509 · Answer

ServiceNow comes to mind for one, I would have never guessed it&rsquo;s revenue is 7 billion and I literally never heard of it

lnwlebjel · Answer

I used to know the founder of JDA Software (which now operates under a new name). They do logistics: https://en.wikipedia.org/wiki/Blue_YonderThe link suggests 1.1 Billion in revenue in 2021

defrost · Answer

In the geospatial data import and integration game since ~ 1990 sits the BC, Canada company Safe.com and their swiss army knife product FME

https://www.safe.com/company/

    Today we provide a range of data solutions for over 25,000 customers and over 200,000 users across 121 countries. Which is a whole lot of solutions for anyone who’s counting.

I'm not spruiking here but it's a handy bit of kit for anyone pulling (say) land lease boundaries and tenement data from hundreds of different local government | state formats to integrate into a single XXX database (PostGres, MS, etc).

They're currently expanding from ~$70 M / year to a goal of $250 M / year .. but this is likely more through market expansion than software development.

https://www.businesswire.com/news/home/20230413005193/en/Saf...

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Fugro is not a famous software company, arguably not even a software company .. but they have a lot of in house geospatial, geophysical, software ranging from firmware to desktop applications.

https://en.wikipedia.org/wiki/Fugro

I have very mixed feelings about Fugro and haven't worked for them (having turned down a very good offer) but they did absorb a rather large chunk of my own personal codebase.

mattbgates · Answer

Probably have heard of it if you ever walked into a gas station, but Arizona Iced Tea has been kept a small company and yet they are profitable. Although some retailers charge more for it, the company has always had $0.99 on the can and it has never changed, even through inflation.https://en.wikipedia.org/wiki/Arizona_Beverage_Company

desi_ninja · Answer

Pick any undergraduate in USA and ask them if they know about Juniper networks or NetApp.

mattnewport · Answer

Maybe this doesn't fit your definition of "software company" but Renaissance Technologies certainly makes a lot of money: https://en.wikipedia.org/wiki/Renaissance_Technologies

eb0la · Answer

Solera - they had a product to find automotive spare parts. Their biggest customers were insurance companies.Hotelbeds - Like Sabre, or Amadeus but for hotel rooms. Based in Majorca (they have an office near the airport). Nice people (and cool tech, btw)

berkeshire · Answer

Wayfair, Qurate, SAIC, Insight Enterprises, DXC ... Fortune 500 companies that have billions in annual revenues.

hahnchen · Answer

Lots of people havent heard about Quant in my experience. Citadel, Jane Street, etc

shortrounddev2 · Answer

Millions isn't really a high bar for revenue in software

What's a not so famous software company that makes a lot of money

Hello,
We all have heard of big name software companies but what are some unusual software companies that makes millions every year which we might not have heard of?

In the GIS space there's https://en.wikipedia.org/wiki/Esri It's like the Microsoft Office of creating and analysing spatial data. 1 billion USD revenue, 3000 employees and private owned, making the owner a billionaire (net worth estimated 8 billion USD).

I work for CCC IS, we make software to help collision repair facilities and auto insurers estimate the damage to your vehicle and the needed repair… only in the US, only private vehicle auto insurance… $7B market cap

ServiceNow comes to mind for one, I would have never guessed it’s revenue is 7 billion and I literally never heard of it

I used to know the founder of JDA Software (which now operates under a new name). They do logistics: https://en.wikipedia.org/wiki/Blue_Yonder
The link suggests 1.1 Billion in revenue in 2021

Pick any undergraduate in USA and ask them if they know about Juniper networks or NetApp.

Maybe this doesn't fit your definition of "software company" but Renaissance Technologies certainly makes a lot of money: https://en.wikipedia.org/wiki/Renaissance_Technologies

Solera - they had a product to find automotive spare parts. Their biggest customers were insurance companies.
Hotelbeds - Like Sabre, or Amadeus but for hotel rooms. Based in Majorca (they have an office near the airport). Nice people (and cool tech, btw)

Wayfair, Qurate, SAIC, Insight Enterprises, DXC ... Fortune 500 companies that have billions in annual revenues.

Lots of people havent heard about Quant in my experience. Citadel, Jane Street, etc

Millions isn't really a high bar for revenue in software