Truffle Capital Releases the 11th Edition of Its “Truffle 100”, a Benchmark Ranking of France's Top 100 Software Companies

The French software industry shows its great adaptability to meet the challenges of the digital age

PARIS--(BUSINESS WIRE)--Truffle Capital (www.truffle.com), a leading European venture capital firm and one of the top French FCPI (retail funds) managers, in collaboration with CXP, the top independent European research and consulting firm specializing in application software, computer services and digital processing, published today the 11^th edition of its “Truffle 100 France” (http://www.truffle100.fr/presentation.php) ranking of the country’s top 100 software companies. The "Truffle 100" has been compiled under the high patronage of Ms. Axelle Lemaire, Minister of State for Digital Affairs within the French Ministry of the Economy, Industry and the Digital Sector.

Created in 2005 by Truffle Capital (www.truffle.com) and Bernard-Louis Roques, and compiled by CXP (www.cxp.fr) the “Truffle 100 France” (http://www.truffle100.fr/presentation.php) has become the standard for taking the pulse of the software industry in France. It was followed in 2006 by the Truffle 100 Europe (www.truffle100.com), which has reached similar levels of peer acknowledgment across Europe, along with the “Truffle 100 European Clusters” report, created in 2009.

Highlights of this 11^th edition

• Increase of the turnover to €6.6 billion in 2014 (with the top five software publishers accounting for 55% of the total turnover for the industry) from €6.2 billion in 2013
• Evolutions in the ranking: 60 software publishers rose in the ranking; 9 retained their place; 22 fell at least one place; 9 entered the ranking; 8 dropped out the ranking after being bought
• Increase of the total number of employees from 78,000 in 2013 to 103,380 in 2014, the R&D staff comprising 15% of the total workforce.
• Slight fall of the ranking’s profitability from 6.4% of sales in 2013 to 5% in 2014
• Net result of the ranking is €599 million in 2014
• Most dynamic French regions: Île-de-France (83% of the total turnover) and the Rhône-Alpes region (8% of the total turnover)
• Presence abroad led by the United Kingdom (31% of the companies), Germany (24%) and the United States (23%)
• Stagnation of R&D investments from €1,052 million in 2013 to €1,024 in 2014
• Main trends expected: cloud computing and SaaS, mobile applications, and big data

For further information, please visit www.truffle.fr; www.fcpi.fr; www.cxp.com and www.pac-online.com