|Employment and productivity
Total 2019 FTE count amounted to 3.236, representing a 15% increase relative to last year. Interestingly, the revenue generated per FTE grew by 5% over the course of the year to EUR 138,- per FTE. This productivity figure is considerably higher than that of the participating companies of last year’s edition.International success
Dutch software companies consistently prove to be highly qualified to internationalize its presence; on average 22% of total revenues generated by the top 50 companies is generated from outside of The Netherlands in 2019.Partner channel
The top 50 companies furthermore increasingly utilize scalable (international) partner channels, with 9% of revenues generated through partners, increasing from 7% last year.Profitability
The large majority of the top 50 participating software companies follow a profitable growth strategy. 66% of the top 50 companies have realized a an EBITDA margin of more than 10%. More than 24% of the top 50 companies were even able to realize an EBITDA margin of more than 20%.Innovation
The top 50 participating software companies show continued investments in software development to stay innovative in this competitive environment. A stunning 90% of all participants indicated to have invested more than 10% of their annual revenue back into R&D to drive future growth.
Unsurprisingly, the top 50 Dutch software companies appear to be interesting investment opportunities for both strategic and financial investors. Out of the 50 finalists of last year’s edition, 6 companies were acquired within 12 months after publication of the list. In addition to sell-side M&A, a substantial number of companies in the yearly Main Software 50 ranking choose to further accelerate their topline growth as well as build out their product portfolio’s through strategic acquisitions of other software companies.