Technology

Top 10 Software Companies to Watch out in 2024

2024 is here, it’s time to set our goals for the future. 2024 has revolutionized the way software companies work. Several software companies witness a massive rise in usage, and it’s all credit goes to the ‘new normal.’ Therefore, there are so many software companies that you must watch out for in 2024. Let’s have a look at the top 10 software companies.

The top 10 Software Companies

1. Canva

Canva is among the top 10 software companies holding its place for the past eight years. It offers freelancers and marketers tools so that they can design their marketing materials. They have recently launched a desktop app for Mac and made a spot on the Forbes Cloud 100 list, making them one of the world’s top 100 private cloud companies. Apart from new announcements, they also witness a huge hike in their B2B growth (50% since the start of COVID-19); Canva has also stated some high-profile partnerships.

2.  Roadmunk

If you want to know how impactful a tool is, then consider looking at their client list. Roadmunk is one of the top 10 software companies that provide the best facilities. If it is powering the product’s background team, you can ensure that they will do the job rightly.

It’s a great tool that focuses on taking feedback, keeping you customer-focused, easy prioritizing, and implementing ‘boardroom-ready’ roadmap templates. It is a platform built especially for product people to help them out and make the best out of them.

3. Chartio

It’s a platform that helps you do data management, analysis, and visualization that most Product Managers prefer. Chartio aims to let data accessible for everyone, as democratized data empowers product teams of all sizes and abilities. They own an incredible technology list and data partners. It’s a San Francisco-based company, they’ve till now won $6.8 million in funding, and its all credit goes to the rising growth in data democratization within tech teams.

We all agree that Data is on the rise; there’s no doubt about it. Companies understand that they have to contrive data into the organization’s every level. With the Chartio data school and outstanding customer service, Chartio is one of the top 10 software companies.

4. FullStory

A good Product Manager understands that how retention is crucial as much as an acquisition for business growth. But it becomes challenging when you don’t know where your business is lacking when retaining customers. Therefore, FullStory works as a powerful analytics engine that pinpoint where customers are struggling along their journey and enable you to help them out. Recently, FullStory has hit big things on the horizon, raising a $10 million funding round. Former Google engineers have found it; therefore, no one understands customer retention better than FullStory.

5. Heap

No one can predict the future, but one of the top 10 software companies can help you out. Heap’s analytical platform presents infrastructure that automatically gets customer communications, makes sense of them, and assists in making them actionable.

In 2020 Heap witnessed a series of very successful funding rounds and their team expansion. With determined scaling ends and a multitude of loyal users, in 2021, we will surely see some more great things for this analytics giant.

6. Pendo

Product teams must go for Product Cloud by Pendo as it owns all kinds of tools required to plan, build, and develop something great. With these great tools, you can consider power feature adoption, customer retention, company growth, user onboarding, and much more. This software company’s purpose is to support you to learn your product’s journey from a single platform. Particularly, product managers will benefit from this software as Pendo’s free learning resources and their Productcraft communities are valuable knowledge sources for PMs and their teams. It has been ranked #54 in the prestigious Forbes Cloud 100 list and relishes a growth that seems to keep accelerating.

7. Figma

Figma is a great tool that empowers in-browser, real-time collaboration for designated design teams. It’s not difficult to leap to decide that what would be beneficial nowadays! But Figma is on the rise even before this new normal. It allows everyone from designers to marketing teams to work in-browser, exterminating the issue of ‘who has which version of the software.’

Its CEO Dylan Field said that 2020 was an ‘acceleration period’ for Figma. Figma was used for everything from wireframing for modern digital products, to virtual whiteboarding, to producing skins for video games.

8. Drift

Drift is one of the top 10 leading companies that coined new terms and made lead them into the powerful marketing movement. It is rightly said that without Drift, conversational marketing wouldn’t exist as its AI-powered solutions make automatic marketing seamless, simple to integrate into teams’ stacks, and their chatbot continues to be the best in the business. In July 2020 they changed their history by closing the best quarter ever. As the situation in 2020 drives more companies to automate their methods and choose more conversational tactics with customers, Drift’s future looks very bright.

9. Miro

There’s hardly any Product team that wouldn’t profit from Miro. Those days are Gone when you worked on a physical whiteboard and ensured that someone remembered to talk a photo before leaving the meeting room for the next team to come in!

Miro’s online collaborative platform allows teams to collaborate in real-time, planning projects, working on wireframes, taking votes on prioritization, and brainstorming. Miro has more than 8 million worldwide users, including Dell, Salesforce, Netflix, Deloitte, and Spotify. Admired as a company ‘in the right place at the right time ‘, Miro serves distributed teams when they’re required most.

10. Notion

Notion is a recently developed software company. It has been working around Silicon Valley for last year. But now it is expanding all across the globe. The new workplace productivity app can leverage work, school, daily life, hobbies, and side projects—it like working with a community of template-builders, making and sharing new ways to use the platform. You can even opt for a professional freelance Notion designer to help you out. In 2020, Notion touched a $2 billion valuation, and experienced accelerated growth, with its user base almost quadrupling in a concise amount of time. This company’s great asset is the community developed around it, with people making an actual living off by instructing others how to make the most of it.

This fast, community-driven growth is a sign of incredible things to come in the future for Notion.

Wrapping it up

In this post, we have seen the top 10 software companies that are witnessing immense growth. Therefore watch them out and decide your further actions.

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