Top 11 Largest Software Companies in Canada
Canada has a vibrant software industry, with several companies making a significant impact in the global market. In this context, it's worth exploring the ... read more...largest software companies in Canada, as they represent some of the most successful and influential players in the industry.
-
Shopify is a leading Canadian e-commerce company that provides a platform for businesses to create, manage, and sell products online. The company was founded in 2006 and is headquartered in Ottawa, Ontario, Canada.
Shopify's platform allows businesses of all sizes to set up an online store quickly and easily, without needing any programming or design skills. The platform provides tools for website design, payment processing, inventory management, order fulfillment, and marketing. It also offers a range of customizable templates and themes that businesses can use to create a professional-looking online store. In addition to its core e-commerce platform, Shopify offers a range of additional services and features, including point-of-sale systems for physical retail stores, payment gateways, shipping and delivery services, and tools for managing customer relationships.
Shopify's services are used by over 1 million businesses in more than 175 countries around the world. The company has a strong reputation for its user-friendly platform, excellent customer service, and its ability to help businesses of all sizes sell products online. Shopify is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol "SHOP".Founded: 2006
Headquarter: Ottawa, Canada
Website: https://shopify.com
-
Constellation Software is a Canadian multinational software company that specializes in providing software solutions to various industries. Constellation Software's business model is focused on acquiring and growing vertical market software companies. The company acquires established software businesses that serve specific industries, such as healthcare, public sector, financial services, and construction. It then supports these companies with operational resources and expertise to help them grow and expand their market share.
Constellation Software has a global presence with operations in more than 100 countries, and its subsidiaries include companies like Harris Computer, Total Specific Solutions (TSS), and Volaris Group. These subsidiaries offer a wide range of software products and services that cater to specific industries and verticals.
In Belgium, Constellation Software has several subsidiaries, including Cogisys, a provider of software solutions for the insurance industry; Gemini, which offers software solutions for the public sector; and Unit4 Financials, which provides financial management software for businesses.
The company has been growing steadily over the years, and its success is reflected in its financial performance. In 2020, Constellation Software reported revenues of over $4.2 billion and a market capitalization of over $33 billion. With its focus on acquiring and growing vertical market software companies, Constellation Software is well-positioned to continue its growth trajectory in the years ahead.Founded: 1995
Headquarter: Toronto, Ontario, Canada
Website: https://www.csisoftware.com
-
OpenText Corporation is a Canadian multinational software company that provides information management solutions to various industries. The company was founded in 1991 and is headquartered in Waterloo, Ontario, Canada.
OpenText offers a broad range of software products and services, including enterprise content management, digital asset management, business process management, customer experience management, and more. Its software solutions are designed to help businesses manage and analyze their data, automate processes, and improve collaboration and productivity.
The company has a global presence, with operations in North America, Europe, Asia-Pacific, and Latin America. OpenText serves a wide range of industries, including healthcare, financial services, manufacturing, energy, and government. The company's customers include Fortune 500 companies, small and medium-sized businesses, and public sector organizations.
OpenText has grown both organically and through acquisitions, and it has made several significant acquisitions in recent years. In 2017, OpenText acquired Documentum, a leading enterprise content management company, from Dell EMC. In 2018, the company acquired Liaison Technologies, a cloud-based integration and data management company, and in 2019, it acquired Carbonite, a cloud backup and data protection company.
In 2021, OpenText reported revenues of over $3.2 billion and a market capitalization of over $14 billion. The company is recognized as a leader in the Gartner Magic Quadrant for Content Services Platforms and has received numerous awards and recognitions for its software solutions and customer service.Founded: 1991
Headquarter: Waterloo, Ontario, Canada
Website: https://opentext.com
-
Descartes Systems Group Inc. (abbreviated Descartes) is a Canadian multinational technology firm that specializes in logistics software, supply chain management software, and cloud-based services for logistics companies.
Descartes is perhaps best known for its abrupt and unexpected turnaround in the mid-2000s when it was on the verge of bankruptcy following the fall of the dot-com bubble. It is also regarded as one of the first logistics technology firms to implement an on-demand business model and sell software as a service (SaaS) over the Internet. The business runs the Global Logistics Network, an extensive electronic messaging system used to share logistics and customs information by freight companies, manufacturers, distributors, retailers, customs brokers, government agencies, and other interested parties.Descartes is a publicly traded business with its headquarters in Waterloo, Ontario, Canada. Shares of the company are listed on the Toronto Stock Exchange and NASDAQ Stock Market under the ticker symbol "DSGX." (TSX: DSG). In addition to Asia Pacific, it has locations in the Americas, Europe, the Middle East, Africa, and the African continent.
Founded: 1981
Headquarter: Waterloo, Ontario, Canada
Website: https://www.descartes.com
-
Topicus.com is a prominent pan-European provider of vertical market tools and platforms to clients in a variety of public and private sector markets. They create, acquire, and manage industry-specific software businesses that provide specialized, mission-critical, and high-impact software solutions to customers' specific requirements.
With the same goal of creating customer-empowering, community-engaging, operationally excellent vertical market software that benefits organizations, professionals, and end-users, their three operating groups have an exceptional track record in acquiring, developing, and managing smart and progressive software platforms. The companies' ongoing acquisition and development of cutting-edge solutions help clients accomplish their goals. With more than 100,000 customers across 14 nations and a history of steady growth, they are building a diverse portfolio of software companies to deliver significant returns to both customers and shareholders. They are presently operating in the United Kingdom, Denmark, Sweden, Finland, Poland, Iceland, the Netherlands, Germany, France, Belgium, Italy, Spain, Switzerland, Serbia, and Portugal.
The business employs over 4,500 people across Europe and generates consolidated revenues of EUR 494 million. This is made possible by three operating groups (TSS Blue, TSS Public, and Topicus), which presently serve customers in over 40 vertical sectors.
Founded: 2020
Headquarter: Toronto, Canada
Website: https://topicus.com
-
Telus International is a Canadian multinational provider of digital solutions and customer experience management services. The company was founded in 2005 and is headquartered in Vancouver, British Columbia, Canada. Telus International offers a wide range of services, including customer experience management, digital transformation, content moderation, data analytics, and consulting. Its solutions are designed to help businesses improve their customer experience, streamline operations, and accelerate growth.
The company has a global presence, with operations in North America, Europe, Asia-Pacific, and Latin America. Telus International serves a variety of industries, including technology, healthcare, finance, and retail. Its clients range from small and medium-sized businesses to large enterprises.
Telus International has grown both organically and through acquisitions, and it has made several significant acquisitions in recent years. In 2021, the company acquired Lionbridge AI, a leading provider of AI training data services, and in 2020, it acquired Playment, a platform that provides high-quality training data for AI models.
In 2021, Telus International went public on the New York Stock Exchange, raising over $1 billion in its initial public offering (IPO). The company reported revenues of over $2 billion in 2020, and its market capitalization currently stands at over $10 billion.
Telus International is recognized as a leader in the outsourcing industry and has received numerous awards and recognitions for its customer service and digital solutions. The company is committed to providing high-quality services and driving innovation in the industry, and it is well-positioned for continued growth in the years ahead.Founded: 2005
Headquarter: Vancouver, Canada
Website: https://www.telusinternational.com
-
Kinaxis is a Canadian software company that provides cloud-based supply chain management and operations planning solutions. The company was founded in 1984 and is headquartered in Ottawa, Ontario, Canada.
Kinaxis' software solutions help businesses manage their supply chain operations and optimize their production and distribution processes. Its cloud-based platform provides real-time visibility into supply chain performance, enabling businesses to quickly identify and respond to supply chain disruptions and other issues. The company serves a wide range of industries, including automotive, aerospace and defense, consumer products, and healthcare. Its clients include Fortune 500 companies, mid-sized businesses, and government agencies.
Kinaxis has been recognized as a leader in the Gartner Magic Quadrant for Supply Chain Planning System of Record, and it has received numerous awards and recognitions for its software solutions and customer service. The company has a global presence, with operations in North America, Europe, Asia-Pacific, and Latin America.
Kinaxis has been growing steadily over the years, and it has made several significant acquisitions in recent years. In 2021, the company acquired Rubikloud, an AI and machine learning company that provides demand forecasting and inventory optimization solutions. The acquisition is expected to enhance Kinaxis' AI capabilities and enable it to offer more comprehensive supply chain solutions to its clients.Founded: 1984
Headquarter: Ottawa, Ontario
Website: https://www.kinaxis.com
-
Lightspeed POS is a Canadian software company that provides cloud-based point-of-sale (POS) and e-commerce solutions to businesses in the retail, hospitality, and golf industries. The company was founded in 2005 and is headquartered in Montreal, Quebec, Canada.
Lightspeed's software solutions help businesses manage their sales and inventory, process transactions, and provide a seamless omnichannel shopping experience to their customers. Its cloud-based platform provides real-time insights into sales and inventory data, enabling businesses to make data-driven decisions and optimize their operations.
The company has a global presence, with operations in North America, Europe, Asia-Pacific, and Latin America. Its clients range from small and medium-sized businesses to large enterprises, including Adidas, Porsche, and the NHL. Lightspeed POS's market value was $2.23 billion as of April 2023. According to statistics from companiesmarketcap.com, this places Lightspeed POS as the 3561st most valuable company in the world by market cap and makes it one of the fastest-growing software companies in Canada.Founded: 2005
Headquarter: Montreal, Quebec, Canada
Website: https://www.lightspeedhq.com
-
Enghouse Systems was founded in 1984 and is headquartered in Markham, Ontario, Canada. The company has grown steadily over the years and has expanded its operations to include offices and facilities in North America, Europe, Asia-Pacific, and Latin America.
Enghouse's software solutions are designed to help businesses improve their customer service and overall operations by providing them with tools for automating processes, managing data, and analyzing performance. The company's products are customizable and scalable, allowing businesses to tailor them to their specific needs and growth.
Enghouse's clients come from a wide range of industries, including telecoms, banking and finance, transportation, healthcare, government, and more. The company's solutions are used by some of the largest and most respected organizations in the world, including Verizon, HSBC, FedEx, and the US Department of Defense.
Enghouse Systems is also known for its acquisition strategy, which involves acquiring complementary software companies and integrating them into its portfolio. Some of the company's notable acquisitions include Zeacom, CT Group, and Telrex. These acquisitions have helped Enghouse expand its offerings and strengthen its position in key markets.
In recent years, Enghouse Systems has been recognized for its growth and financial performance. The company has consistently reported strong financial results, with revenues exceeding $500 million in 2021. In addition, Enghouse has been included in the Toronto Stock Exchange's TSX30 list of top-performing stocks for three consecutive years.Founded: 1984
Headquarter: Markham, Canada
Website: https://www.enghouse.com
-
Docebo is a cloud-based learning management system (LMS) provider based in Toronto, Canada. The company offers a range of software solutions and services that enable businesses and organizations to deliver, manage, and track their employee and customer training programs.
Docebo's learning management system allows organizations to create and manage custom learning programs, including online courses, webinars, and social learning activities. The platform supports multimedia content, gamification, and social learning features, enabling users to engage with the material in a variety of ways. In addition, Docebo's LMS includes powerful analytics and reporting tools, which allow organizations to track learner progress, identify areas of strength and weakness, and optimize their training programs accordingly.
Docebo serves a wide range of industries, including manufacturing, healthcare, finance, and technology. Its clients include companies such as Thomson Reuters, American Express, and HubSpot. The company is known for its user-friendly platform and customizable solutions, which can be tailored to meet the unique needs and goals of each organization.Founded: 2005
Headquarter: Toronto, Ontario
Website: https://www.docebo.com
-
Absolute Software is a Canadian-based company that specializes in providing endpoint security and management solutions. The company's flagship product is called Absolute, which is a cloud-based platform that allows organizations to manage and secure their endpoints, such as laptops, desktops, smartphones, and tablets.
Absolute's key features include device tracking and recovery, data protection and encryption, software and patch management, and endpoint visibility and control. The platform also provides analytics and reporting capabilities to help organizations monitor and optimize their endpoint security and management strategies.
Absolute's solutions are used by organizations in various industries, including healthcare, finance, education, government, and retail, to help protect their sensitive data, comply with regulations, and reduce security risks. The company has a global presence and serves customers in more than 80 countries.Founded: 1993
Headquarter: Vancouver, Canada
Website: https://www.absolute.com