United States Software Ranking 2023

SANTA MONICA, Calif. - July 12, 2023 - PRLog -- RealRate Inc.

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Press Release

U.S. Software Ranking 2023

The new Software industry rating for 2023 has just been released by RealRate.

These are the top three Software companies in the U.S., measured by Economic Capital Ratio:

1. ZEDGE INC. – 632.30%
2. DESTINY MEDIA TECHNOLOGIES INC. – 484.29%
3. DUCK CREEK TECHNOLOGIES INC. – 458.41%

The complete rating of 27 companies is published in https://realrate.ai/rankings/

6 companies achieved the 'Top Rated' award.

Zedge was founded in 2008 and is headquartered in Ney York. It is a content distribution platform that provides consumers with a way to personalize their mobile devices. Its total assets are $54 million. Destiny Media Technologies, Inc., headquartered in Vancouver, BC, Canada, was founded in 1991 as a video game developer. Since that time, they have become a leading provider of secure digital content distribution solutions including audio and video streaming solutions and secure file distribution to customers around the globe. Its total assets are currently $3.5 million. Duck Creek Technologies was founded in 2000 in Boston, Massachusetts, and is a leading provider of comprehensive P&C insurance software and services for insurers of all sizes worldwide. Its current total assets are $839 million.

CEO Dr. Holger Bartel: "Revenue in the U.S. software market is projected to reach a colossal $338.20 billion in 2023. Three Software companies recorded revenue of over $15 billion in 2020. The largest market within Software is Enterprise Software, with a projected market volume of $139.20 billion in 2023. In global comparison, most revenue will be generated in the United States.

Superior financial strength is really important in the software industry, making sure key products are delivered to market on time and with the highest quality possible."

About RealRate:

RealRate is an international rating agency based in Santa Clara and Berlin, founded in 2021. Using cutting-edge explainable Artificial Intelligence, we provide fair company ratings, avoiding any conflicts of interest. Combining AI and expert knowledge, financial strength is evaluated based on published annual reports. RealRate provides rankings for dozens of industries, like insurance, IT, real estate, food, and pharma. Only the best-rated companies are awarded the RealRate TOP Rated seal.