Paris, April 14, 2010

 

Initiated in 2004 by Truffle Capital, a venture capital firm, the Truffle 100 ranks the top 100 French software vendors by revenue.

For the third year in a row, Sopra Group and its subsidiary, Axway – specializing in business-to-business (B2B) software solutions – ranked second out of French software vendors, with €317.9 million in revenue for 2009. 

This represents 30 percent of the Sopra Group’s total revenue – 13 percent for solutions dedicated to banking, human resources and real estate industries, and 17 percent for Axway in the B2B data exchange area.

The sixth Truffle 100 list shows cumulative industry revenue of €4 billion – a 5.6 percent increase compared to last year. The 2010 list reveals the capacity for innovation of companies which, despite the economic crisis, were able to keep momentum and even increased spending on research and development by 7.14 percent.