Technology for businesses is big business, and the startup industry is full of companies taking advantage of the growing demand for tools in the world of big data, devops, cloud, mobility, the Internet of Things and cybersecurity.
Business software spending is expected to rise 10.9 percent this year to $ 507 billion, according to Gartner.
«Almost every segment of the enterprise software market is driven by the adoption of software as a service (SaaS),» said John-David Lovelock, vice president of research at Gartner. «We even expect non-cloud software spending to continue to grow, albeit at a slower pace. SaaS gets a larger share of new spending, although licensed software will continue to be purchased and its use will expand until 2023. «
In this list, we have gathered some of the best start-ups that create software and services that directly target large business customers, not consumers. Whether you are looking to get in and working towards a hot start-up or looking for a solution that is not provided by mega vendors, there are plenty of great companies here.
These are just some of the fastest growing startups in the world, who their customers are, the funding so far and how close they could be to an initial public offering (IPO) by 2020.