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April 27, 2006
The Shape Of France's Software Industry
There's some newsflow this moring in the French press about the state of the country's software industry, the result of the publishing of the latest Truffle 100, which is a detailed survey of the sector. (It came out at Capital IT investor's conference underway in Paris. Red Herring was there yesterday and has a report. Link below).
The good news is that the Truffle 100 total sales grew by +28%, which is a higher growth rate than industry heavyweights Microsoft and SAP. And R&D spending by software firms in France is growing at a rapid rate, exceeding €970M in 2005, up by 24% from last year's spending.
The bad news is that you could put the entire French software industry into Symantec, which alone generates about €3B in annual sales, as L'Expansion reports, adding that SAP does more than twice that amount, Oracle three times, and Microsoft 10 times. The Truffle 100 software firms generate €3.6B per year. A good 71% of the firms on the list generate less than €15M.
Our image here and associated is last year's as the latest one is not online yet. We will try to get a copy and to get some analysis from our contacts in France. Here are a couple of numbers from this year's list.
- 1. Dassault €934M.
- 2. Business Objects € 865M
- 3. Cegid € 192M
Read - France’s $2.5B Tech Foray (Red Herring)
Posted on April 27, 2006 06:29 AM | Posted to News And Updates | Software | Permalink
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