5 Biggest SaaS Companies in Europe

2. Schneider Electric SE (EPA:SU)

Market Cap as of August 9: $75.7B

Headquartered in Rueil-Malmaison, France, Schneider Electric SE (EPA:SU) is a multinational company which specializes in digital automation and energy management. It caters to homes, buildings, data centers, infrastructure, and industries by correlating energy technologies with real-time automation, software and other services. Schneider Electric SE (EPA:SU) is a Fortune Global 500 company which a primary listing on the Euronext Exchange. It also serves as a research company.

Schneider Electric SE (EPA:SU) launched its own cloud-based, SaaS solution in 2018 with the EcoStructure IT for Partners. Infused with predictive analysis, remote monitoring, and lifecycle management capabilities, EcoStructure gives users visibility into customer’s physical infrastructure, which further aids in enhancing performance and reducing cost. It also collects data and assessments from a wide variety of internal and external assets such as uninterruptable power supplies (UPSs), cooling units, intelligent power distribution units (PDUs), physical security and emergency management. It is the first-ever cloud-based data center infrastructure management platform which is specifically designed for solution providers.

In 2021, Schneider Electric SE (EPA:SU) posted a revenue of $29.5 billion, and currently has a PE ratio of 23.48 as of August 9. With over 166,000 employees in over a hundred countries worldwide, Schneider Electric SE (EPA:SU) is one of the biggest SaaS companies in Europe by overall market capitalization.