pressure on profits, strengthening investment in R & amp; D to cash the transition to Saas. All in one region – Europe – growth failure. For Bernard-Louis Roques , CEO and co-founder of the fund Truffle Capital behind the ranking of the top 100 European software companies, the industry is going through “ a delicate situation . “
Overall, the top 100 publishers in Europe generates a cumulative turnover of 57.4 billion euros in 2013 , including 42.2 billion from directly from the software. An growth of 2.7% year on year . Certainly enviable growth in view of the sluggishness of the economy in Europe, but far from the levels there are only a few years. Thus, recorded 14% growth in 2010 and over 20% in 2011! “ This is the lowest growth of the Truffle 100 since its inception in 2006 ,” recalls Bernard-Louis Roques.
French 21 in the top 100
Among the top 100, a company on two exceeded 200 million revenue bar, 8 more than last year. European industry is obviously always outrageously dominated by SAP , which weighs about 9 times more than its immediate successor , the French Dassault Systems in terms of turnover from the software. The top 3, supplemented by the British Sage, representing 47% of the combined turnover of the Truffle 100 (stable over a year) and 59% of its profits (in progress of a point).
France
Class 21 companies in the top 100 (+2 in a year), more than any of its European neighbors. But in terms of cumulative revenue, industry only ranks third with 11.9% of the total (against 10.6% a year earlier). The United Kingdom, second, sees the combined turnover of its editors decline between 2012 and 2013. The UK software industry weighs 12.8% of the Truffle 100, against 14.6% a year earlier. Supported by SAP, Germany dominates the head and shoulders euro recorded in two Truffle 100 comes from its 15 major publishers
Like last year, the first 100 European publishers have. spent more on R & amp; D they have earned profits . These investments represent a total of 6.9 billion euros (compared to 6.4 billion profit), a figure virtually unchanged year on year. Totaling almost 64,000 jobs , against 63,300 a year earlier. Double the R & amp workforce;! D first 100 European publishers in the mid 2000s
France is ranked in second place in this field, with 11 400 salaried employees in the departments R & amp; D its 21 largest software companies . 17.8% of the total. Far behind Germany (SAP employs alone 17,800 people in R & amp; D over the world), but well ahead of the United Kingdom (10.8% of total)
Publishers leaking. the scholarship
” The high investment in R & amp; D can be explained by the change in the Saas qu’amène paradigm, which involves a real transformation of the economic model , analyzes the co-founder of Truffle Capital. This transition requires high levels of investment would not result in an improvement in revenues and profiles . “At least in the short term, the Saas model replacing the license sales – a large sum paid upstream of the project – rent a spread in time. And Bernard-Louis Roques said he expected to see this – R & amp; D high, pressure on profits – continue. “ M & can expect and buy-American actors , which benefit from higher valuations to their European counterparts . “
According to the head of the fund, if Europe is comparable to the US in terms of innovation, the access to capital remains a problem of this side of the Atlantic. For proof, only 56 of the 100 European publishers are publicly traded. They were 85 in this case in 2007. A weakness that can also grow startups designers to cross the Atlantic to more easily find the financial resources they need to develop their products. Case Docker , the publisher behind the container technology that shakes today the Cloud market is emblematic in this respect: this start-up closed its operations in France to better revive in Silicon Valley
Read also:.
Software: Saas growth primarily benefits specialists
French publishers Software doubt, despite the growth
Photo credit: isak55 / Shutterstock
No comments:
Post a Comment