Canada has a diverse economy, with various industries contributing to its growth and development. Some of the most significant industries in Canada include natural resources, manufacturing, and service sectors, such as finance, education, and healthcare. The country is known for its abundance of natural resources, including oil, gas, timber, and minerals. Canada is also a leading producer of agricultural products, such as wheat, canola, and maple syrup. In recent years, the tech industry has grown significantly, with cities like Toronto and Vancouver emerging as tech hubs. Overall, Canada’s economy is robust and diversified, with a skilled and educated workforce contributing to its continued growth and success. Canadian software companies reached world-class leading software companies. In fact, it is one of the leading countries for software development, and the software sector accounts for some of the biggest companies in Canada.
Twenty of the largest Canadian software companies include Shopify Inc., Constellation Software Inc., OpenText Corporation, CGI Group Inc, BlackBerry Limited, Kinaxis Inc., Lightspeed POS Inc., Descartes Systems Group Inc., Absolute Software Corporation, Dye & Durham Limited, Nuance Communications Inc., Docebo Inc., Tecsys Inc., Cority Software Inc., Ceridian HCM Holding Inc., Kaleyra Inc., Sangoma Technologies Corporation, Magnet Forensics Inc., Solium Capital Inc. and Coveo Solutions Inc. Not only is Shopify the largest Canadian software company, but it is also now the most valuable publicly-traded company in the country.
Top 20 Canadian Software Companies Details:
1. Shopify Inc.
Shopify Inc. is a Canadian e-commerce company that provides online merchants with a platform to create and manage their online stores. Founded in 2006, the company has grown rapidly, with over 1.7 million businesses in more than 175 countries using its platform. Shopify’s platform allows businesses to set up an online store, manage inventory, process payments, and ship products to customers. The company also provides a range of tools and resources to help businesses market their products and grow their online presence. In addition, Shopify has expanded its services to include point-of-sale systems, payment processing, and fulfillment services, making it a one-stop shop for many online businesses. Shopify is a publicly traded company, listed on both the Toronto Stock Exchange and the New York Stock Exchange.
2. Constellation Software Inc.
Constellation Software Inc. is a Canadian software company that develops and acquires software products and services for various industries. The company was founded in 1995 and has since grown through a series of acquisitions, with over 500 subsidiaries across more than 100 countries. Constellation Software’s products and services are primarily focused on the public sector, financial services, healthcare, and transportation industries. The company’s strategy is to acquire and integrate small to medium-sized software companies with a proven track record, enabling them to leverage Constellation’s resources and expertise while maintaining their autonomy. The company’s growth strategy has been successful, with Constellation Software becoming one of the largest software companies in Canada, with a market capitalization of over $40 billion as of 2021.
3. OpenText Corporation
OpenText Corporation is a Canadian software company that provides information management solutions to businesses and organizations worldwide. The company was founded in 1991 and is headquartered in Waterloo, Ontario. OpenText’s products and services include enterprise content management, business process management, customer experience management, and information exchange solutions. The company’s solutions help businesses manage their content, automate processes, improve customer engagement, and streamline operations. OpenText serves a range of industries, including financial services, healthcare, manufacturing, and government. The company has a global presence, with offices in over 50 countries and more than 13,000 employees. OpenText is a publicly traded company listed on both the Toronto Stock Exchange and NASDAQ.
4. CGI Group Inc.
CGI Group Inc. is a Canadian IT and consulting services company that provides a range of services, including application development, business consulting, IT outsourcing, and systems integration. The company was founded in 1976 and is headquartered in Montreal, Quebec. CGI serves clients across various industries, including banking, healthcare, telecommunications, and government. The company has a global presence, with operations in more than 40 countries and over 78,000 employees. CGI’s strategy is focused on delivering value to its clients through innovation, collaboration, and operational excellence. The company’s growth has been driven by a combination of organic growth and strategic acquisitions, which have helped expand its capabilities and global reach. CGI is listed on both the Toronto Stock Exchange and the New York Stock Exchange.
5. BlackBerry Limited
BlackBerry Limited, formerly known as Research In Motion (RIM), is a Canadian multinational company that specializes in enterprise software and the Internet of Things (IoT). The company is best known for its BlackBerry smartphones, which were once ubiquitous among business professionals. Today, BlackBerry focuses on developing and providing security solutions for connected devices, such as automobiles and industrial equipment. The company’s software offerings include endpoint security, encryption, and secure communication tools. BlackBerry also has a strong presence in the automotive industry, with its QNX software used in over 175 million vehicles worldwide. BlackBerry is headquartered in Waterloo, Ontario, and has offices in North America, Europe, and Asia-Pacific.
6. Kinaxis Inc.
Kinaxis Inc. is a Canadian software company that provides supply chain management solutions to businesses worldwide. The company was founded in 1984 and is headquartered in Ottawa, Ontario. Kinaxis’ flagship product is RapidResponse, a cloud-based software platform that helps businesses manage their supply chain planning and operations in real time. The platform integrates data from multiple sources and provides businesses with insights into their supply chain performance, enabling them to make informed decisions quickly. Kinaxis serves a range of industries, including automotive, aerospace, healthcare, and consumer products. The company has a global presence, with offices in North America, Europe, and Asia-Pacific. Kinaxis is a publicly traded company listed on the Toronto Stock Exchange.
7. Lightspeed POS Inc.
Lightspeed POS Inc. is a Canadian technology company that provides cloud-based point-of-sale and e-commerce software solutions to small and medium-sized businesses. The company was founded in 2005 and is headquartered in Montreal, Quebec. Lightspeed’s platform allows businesses to manage their sales, inventory, customers, and employees across multiple channels, including online, in-store, and on mobile devices. The company serves a range of industries, including retail, hospitality, and golf courses. In addition, Lightspeed has expanded its services to include payment processing and financing solutions for its customers. Lightspeed is a publicly traded company listed on the Toronto Stock Exchange and the New York Stock Exchange.
8. Descartes Systems Group Inc.
Descartes Systems Group Inc. is a Canadian technology company that provides logistics and supply chain management software solutions to businesses worldwide. The company was founded in 1981 and is headquartered in Waterloo, Ontario. Descartes’ solutions help businesses manage their logistics operations, including transportation management, customs and regulatory compliance, and global trade content. The company’s cloud-based platform allows businesses to collaborate with their customers, suppliers, and partners, enabling real-time visibility and control over their supply chain. Descartes serves a range of industries, including retail, manufacturing, and healthcare. The company has a global presence, with offices in North America, Europe, and Asia-Pacific. Descartes is a publicly traded company listed on the Toronto Stock Exchange.
9. Absolute Software Corporation
Absolute Software Corporation is a Canadian technology company that provides endpoint security and data risk management solutions to businesses and organizations worldwide. The company was founded in 1993 and is headquartered in Vancouver, British Columbia. Absolute’s flagship product, Absolute Endpoint Visibility and Control, helps businesses secure and manage their endpoints, including laptops, desktops, and mobile devices. The software provides real-time visibility and control over endpoint devices, enabling businesses to quickly identify and respond to security threats. In addition, Absolute offers data risk management solutions, including data discovery, remediation, and compliance reporting. Absolute serves a range of industries, including healthcare, education, and finance. The company is publicly traded and listed on the Toronto Stock Exchange.
10. Dye & Durham Limited
Dye & Durham Limited is a Canadian technology company that provides cloud-based software solutions to legal and business professionals. The company was founded in 1874 and is headquartered in Vancouver, British Columbia. Dye & Durham’s platform enables legal professionals to manage and automate their practice, including document preparation, court filing, and corporate compliance. The company also provides services for due diligence, real estate transactions, and mergers and acquisitions. In addition, Dye & Durham serves a range of businesses, including financial institutions, government agencies, and insurance companies. The company has a global presence, with offices in North America, Europe, and Asia-Pacific. Dye & Durham is publicly traded and listed on the Toronto Stock Exchange.
11. Nuance Communications Inc.
Nuance Communications Inc. is a multinational technology company that provides speech recognition and artificial intelligence solutions to businesses and consumers worldwide. The company was founded in 1992 and is headquartered in Burlington, Massachusetts, with additional offices in Canada and other countries. Nuance’s technology enables machines to understand and interpret human speech, allowing for voice-based interaction between humans and devices. The company’s solutions are used in various industries, including healthcare, finance, and telecommunications, among others. In addition, Nuance provides virtual assistant and customer engagement solutions for businesses. Nuance is publicly traded and listed on the Nasdaq stock exchange. In April 2021, it was announced that Microsoft would acquire Nuance for $19.7 billion.
12. Docebo Inc.
Docebo Inc. is a Canadian technology company that provides cloud-based learning management software solutions to businesses and organizations worldwide. The company was founded in 2005 and is headquartered in Toronto, Ontario. Docebo’s platform enables businesses to create, manage, and deliver online training and development programs to their employees, partners, and customers. The software provides tools for content creation, course management, and analytics, allowing businesses to measure the effectiveness of their training programs. In addition, Docebo offers integrations with third-party applications, such as Salesforce and Google Apps. Docebo serves a range of industries, including healthcare, finance, and technology. The company is publicly traded and listed on the Toronto Stock Exchange.
13. Tecsys Inc.
Tecsys Inc. is a Canadian technology company that provides supply chain management software solutions to businesses and organizations worldwide. The company was founded in 1983 and is headquartered in Montreal, Quebec. Tecsys’ platform enables businesses to optimize their supply chain operations, including inventory management, order fulfillment, and logistics. The software provides real-time visibility and control over supply chain processes, allowing businesses to reduce costs and improve customer service. In addition, Tecsys offers solutions for healthcare supply chains, including pharmacy inventory management and medical device tracking. Tecsys serves a range of industries, including healthcare, retail, and transportation. The company is publicly traded and listed on the Toronto Stock Exchange.
14. Cority Software Inc.
Cority Software Inc. is a Canadian technology company that provides environmental, health, safety, and quality (EHSQ) software solutions to businesses and organizations worldwide. The company was founded in 1985 and is headquartered in Toronto, Ontario. Cority’s platform enables businesses to manage and automate their EHSQ programs, including incident management, compliance tracking, and risk management. The software provides real-time data insights, allowing businesses to make informed decisions and improve their EHSQ performance. In addition, Cority offers solutions for occupational health and industrial hygiene, as well as sustainability and corporate social responsibility. Cority serves a range of industries, including healthcare, manufacturing, and energy. The company is privately held and has offices in North America, Europe, and Asia-Pacific.
15. Ceridian HCM Holding Inc.
Ceridian HCM Holding Inc. is a Canadian-American technology company that provides human capital management (HCM) software solutions to businesses and organizations worldwide. The company was founded in 1932 and is headquartered in Minneapolis, Minnesota, with additional offices in Canada and other countries. Ceridian’s platform enables businesses to manage and automate their HCM processes, including payroll, benefits administration, and talent management. The software provides real-time analytics and insights, allowing businesses to optimize their workforce and improve employee engagement. In addition, Ceridian offers solutions for compliance and regulatory requirements, such as the Affordable Care Act (ACA) and the General Data Protection Regulation (GDPR). Ceridian serves a range of industries, including healthcare, retail, and hospitality. The company is publicly traded and listed on the New York Stock Exchange.
16. Kaleyra Inc.
Kaleyra Inc. is a Canadian technology company that provides communication solutions to businesses and organizations worldwide. The company was founded in 1999 and is headquartered in Montreal, Quebec, with additional offices in other countries. Kaleyra’s platform enables businesses to communicate with their customers through various channels, including voice, SMS, email, and social media. The software provides real-time analytics and insights, allowing businesses to optimize their communication strategies and improve customer engagement. In addition, Kaleyra offers solutions for customer verification, such as two-factor authentication and Know Your Customer (KYC) compliance. Kaleyra serves a range of industries, including financial services, e-commerce, and healthcare. The company is publicly traded and listed on the New York Stock Exchange.
17. Sangoma Technologies Corporation
Sangoma Technologies Corporation is a Canadian technology company that provides communication solutions to businesses and organizations worldwide. The company was founded in 1984 and is headquartered in Markham, Ontario, with additional offices in the United States, Europe, and Asia-Pacific. Sangoma’s platform enables businesses to communicate with their customers through various channels, including voice, video, and messaging. The software provides real-time analytics and insights, allowing businesses to optimize their communication strategies and improve customer engagement. In addition, Sangoma offers solutions for call center and customer experience management, as well as unified communications and collaboration. Sangoma serves a range of industries, including telecommunications, financial services, and healthcare. The company is publicly traded and listed on the Toronto Stock Exchange.
18. Magnet Forensics Inc.
Magnet Forensics Inc. is a Canadian technology company that provides digital investigation software solutions to businesses, law enforcement agencies, and government organizations worldwide. The company was founded in 2010 and is headquartered in Waterloo, Ontario, with additional offices in the United States and Europe. Magnet Forensics’ platform enables investigators to find, analyze, and report on the digital evidence from computers, smartphones, and other digital devices. The software provides real-time data insights, allowing investigators to solve cases faster and more efficiently. In addition, Magnet Forensics offers solutions for cybersecurity and risk management, as well as training and support for digital forensics professionals. Magnet Forensics serves a range of industries, including law enforcement, government, and corporate investigations. The company is privately held.
19. Solium Capital Inc.
Solium Capital Inc. is a Canadian technology company that provides equity compensation management solutions to businesses and organizations worldwide. The company was founded in 1999 and is headquartered in Calgary, Alberta, with additional offices in the United States, the United Kingdom, and Australia. Solium’s platform enables businesses to manage their equity compensation plans, including stock options, restricted stock units, and employee stock purchase plans. The software provides real-time data insights and analytics, allowing businesses to make informed decisions about their compensation strategies and engage their employees with personalized communication. In addition, Solium offers solutions for regulatory compliance and tax reporting. Solium serves a range of industries, including technology, finance, and healthcare. The company is publicly traded and listed on the Toronto Stock Exchange.
20. Coveo Solutions Inc.
Coveo Solutions Inc. is a Canadian technology company that provides AI-powered search and recommendations solutions to businesses and organizations worldwide. The company was founded in 2005 and is headquartered in Quebec City, Quebec, with additional offices in the United States and Europe. Coveo’s platform enables businesses to provide personalized search results and recommendations to their customers and employees, across various channels, including websites, e-commerce platforms, and contact centers. The software provides real-time data insights and analytics, allowing businesses to optimize their search and recommendation strategies and improve customer engagement. In addition, Coveo offers solutions for knowledge management and customer self-service. Coveo serves a range of industries, including e-commerce, financial services, and healthcare. The company is privately held.
Please note that this list may vary depending on the criteria used and the source of information. Different companies are best for different services.
* CodeClub IT Solutions
CodeClub IT Solutions is a leading Software Company in Bangladesh. This company starting its IT Services journey in 2022. In these years, They served IT-related services like Software Development, Web Development, Apps Development, E-commerce Solutions, Graphics Design, Video Editing, Search Engine Optimization (SEO), Digital Marketing and IT consultation for local and international companies. Quality and Secured Services are the mottoes of CodeClub IT Solutions. They are always giving priority to our clientโs requirements and demands. Our commitments didnโt end with completing a project, every time CodeClub IT Solutions honestly tried to provide the best support and maintenance of the developed system.
