The 15 Most Valuable Cloud Computing Companies In The World Are Worth Way More Than You'd Think

Adam Miller Cornerstone OnDemandAdam Miller, CEO, Cornerstone OnDemand

In the last 18 months, 13 cloud computing companies have gone public and investors have been eating them up.

A few examples include WorkDay, ServiceNow, Rally Software, and Marketo.

Bessemer Venture Partners has created a brand new index that tracks the top 30 public cloud software-as-a-service (SaaS) companies.

“With 30 large public companies collectively representing more than $100 billion in market capitalisation and $12.5 billion in estimated 2013 revenue, the cloud computing industry has officially come of age,” explains the keepers of Bessemer’s new index Byron Deeter and Kristina Shen in a blog post.

Here’s another shocker:

Byron Deeter and Kristina Shen

No. 15 Jive Software: Worth $1.2 billion

Jive Software
Ticker: JIVE
Stock price: $17.39
Market cap: $1.159 billion

Jive offers collaboration software that lets enterprises communicate with employees, customers, and partners.

No. 14 Demandware: Worth $1.4 billion

Ticker: DWRE
Stock price: $45.46
Market cap: $1.371 billion

Demandware sells a cloud-based ecommerce platform.

No 13 Fleetmatics Group: Worth $1.4 billion

Fleetmatics Group
Ticker: FLTX
Stock price: $39.21
Market cap: $1.397 billion

Fleetmatics offers a GPS fleet tracking service for companies that own multiple vehicles.

No. 12 RealPage: Worth $1.5 billion

Ticker: RP
Stock price: $20.15
Market cap: $1.543 billion

RealPage is an online property management service.

No. 11 Dealertrack Technologies: Worth $1.7 billion

Dealertrack Technologies
Ticker: TRAK
Stock price: $38.21
Market cap: $1.662 billion

Dealertrack offers software for the automotive dealer industry including a popular tool for helping people get qualified to finance a car.

No. 10: Cornerstone OnDemand: Worth $2.3 billion

Cornerstone OnDemand
Stock price: $44.15
Market cap: $2.253 billion

Cornerstone offers an online enterprise training and recruiting service.

No. 9 Medidata Solutions: Worth $2.4 billion

Medidata Solutions
Stock price: $89.19
Market cap: $2.371 billion

Medidata is cloud-based software for conducting clinical trials and is used by pharmaceutical companies and other research organisations.

No 8 The Ultimate Software Group: Worth $3.7 billion

The Ultimate Software Group

Ticker: ULTI
Stock price:
Market cap:
$3.662 billion

Ultimate offers cloud-based human resrouces and payroll management software.

No. 7 Athenahealth: Worth $4.4 billion

Ticker: ATHN
Stock price: $112.39
Market cap: $4.141 billion

Athenahealth is a cloud-based service for doctors and hosptials forelectronic health records.

No. 6 Concur Technologies: Worth $4.7 billion

Concur Technologies
Ticker: CNQR
Stock price: $87.29
Market cap: $4.873 billion

Concur Technologies offers cloud-based business travel and expense management software.

No. 5 ServiceNow: Worth $5.9 billion

Ticker: NOW
Stock price: $44.14
Market cap: $5.928 billion

ServiceNow offers cloud-based services for IT professionals such as help desk software that tracks tech problems.

No. 4 NetSuite: Worth $7 billion

Ticker: N
Stock price: $95.77
Market cap: $7.066 billion

NetSuite offers cloud based business software including accounting software, enterprise resource management, and customer resource management software.

No. 3 Workday: Worth $11.9 billion

Ticker: WDAY
Stock price: $68.57
Market cap: $11.862 billion

Workday offers cloud-based human resources and finance software.

No. 2 LinkedIn: Worth $23 billion

Ticker: LNKD
Stock price: $208.53
Market cap: $23.014 billion

LinkedIn is a social network for business professionals that offers cloud based recruiting software.

No. 1 Worth $25.5 billion
Ticker: CRM
Stock price: $43.22
Market cap: $25.496 billion is credited with inventing the whole software-as-a-service cloud industry. It offers cloud-based customer relationship management and marketing software.

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