About the report

The new PwC Global 100 Software Leaders list is based on corporate financial statements (GAAP-based where applicable), other public sources and estimates for privately held companies, as compiled for PwC by the Global Software Business Strategies Group at IDC.

Due to variances in fiscal years, the results were ‘calendarised’ for 2014, the most recent year for which complete data was available.

Currencies were converted to US dollars using the average historical inter-bank rate for 2014 as the rate of exchange. The historical rates used can be found at www.oanda.com. The table reports the company’s total revenue and revenue from commercial software.

Commercial software revenue includes fees from licenses, maintenance, subscriptions and other software services, including Public Cloud Services - software as a service (SaaS) and platform as a service (PaaS). Total revenue also includes software plus hardware, nonrecurring IT service fees, business process services and other 'non-IT related' sources.

Gaming software companies and revenues are not included in software revenue.

Cloud revenue refers to all software revenue derived from the Public Cloud Services delivery model. In this utility computing environment model, unrelated customers share a common application and infrastructure managed by an independent software vendor or a third-party service provider that typically owns the code or intellectual property. The model provides access to and consumption of software and application functionality built specifically for network delivery and accessed by users over the Internet.

The myriad ‘as a service’ (APPaaS, PaaS) offerings - including business application services, databases, software development tools, high level storage services (backup and archiving), testing as a service and security as a service - are all included in the category of Public Cloud. Cloud revenues do not include Private Cloud Services. Private cloud services are shared within a single enterprise or an extended enterprise, with restrictions on access and level of resource dedication, and defined/controlled by the enterprise, beyond the control available in Public Cloud offerings. Hardware-oriented elements of IT cloud services, including Infrastructure as a Service (IaaS), that contain software, such as bulk storage solutions, network services and cloud servers, are not included in the Public Cloud figures.

For more on these definitions see: IDC's Software Taxonomy, 2015 and IDC's Worldwide IT Cloud Services Taxonomy, 2015.

On our Explore the data web page, the Country HQ column refers to the operating headquarters in the country where the main corporate decisions are made. This may differ from jurisdictions listed for tax or financial reasons in corporate documents.

25 Fastest growing Cloud Companies - Methodology

The PwC 25 Fastest Growing Cloud Companies list is based on corporate financial statements (GAAP-based where applicable), other public sources and estimates for privately held companies, as compiled for PwC by the Global Software Business Strategies Group at IDC.

The ranking is based on year-to-year growth rate in Public Cloud revenue from 2013 to 2014, the most recent year for which complete data was available. Due to variances in fiscal years, the results were ‘calendarised’ for both years.

Currencies were converted to US dollars using the average historical inter-bank rate for 2014 as the rate of exchange. The historical rates used can be found at www.oanda.com.

For this list, Public Cloud revenue includes fees from subscriptions, maintenance and other software services associated with the software as a service (SaaS) and platform as a service (PaaS) models for delivering business applications, databases, software development tools, high level storage services (backup and archiving), testing as a service and security as a service.

In the Public Cloud model, unrelated customers share a common application and infrastructure managed by an independent software vendor or a third-party service provider that typically owns the code or intellectual property, or uses open-source software as the basis for its functionality. The model provides access to and consumption of software and application functionality, with an architecture designed for shared usage, built specifically for network delivery and accessed by users over the Internet.

We do not include Private Cloud Services. Private Cloud Services are shared within a single enterprise or an extended enterprise, with restrictions on access and level of resource dedication, and defined/ controlled by the enterprise, beyond the control available in Public Cloud offerings. Hardware-oriented elements of IT cloud services, including Infrastructure as a Service (IaaS), that contain software, such as bulk storage solutions, network services and cloud servers, are also not included in our Public Cloud figures. The software component of IaaS is typically not reported separately from the total solution. (Gaming software companies and revenues are also not included.)

For more on these definitions see: IDC's Software Taxonomy, 2015 and IDC's Worldwide IT Cloud Services Taxonomy, 2015.

In the ranking tables, the Country HQ column refers to the operating headquarters in the country where the main corporate decisions are made. This may differ from jurisdictions listed for tax or financial reasons in corporate documents.

 

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