Top 5 SaaS Software Development Companies [UPDATED 2024]

Are you a SaaS founder with a game-changing idea? The SaaS market is exploding, expected to reach a whopping $726.1 billion by 2023 (Grand View Research). This surge is fueled by the demand for software that's accessible, scalable, and easy on the wallet. But with countless ideas vying for space in this dynamic market, finding the perfect development partner is critical. This article dives into the top 5 SaaS software development companies, highlighting their strengths and areas of expertise. By exploring their experience, portfolio, and approach, we equip you with the knowledge you need to make a smart decision for your upcoming SaaS project.

1. Glorium Technologies

Glorium Technologies is a leading provider of custom software development solutions and technology consulting services. With a robust portfolio of over 100 fruitful projects, they have consistently delivered best-in-class products, empowering startups and established businesses worldwide.

Their team of over 200 experienced professionals is highly qualified, holding multiple ISO certifications. These include ISO 9001 for Quality Management, ensuring consistent quality across projects. Additionally, ISO 13485 for Quality Management in Medical Devices demonstrates their expertise in developing secure and reliable solutions for the healthcare industry. Finally, ISO 27001 for Information Security Management Systems guarantees robust data protection and privacy for their clients.

Furthermore, as a Microsoft Silver Partner, they have in-depth knowledge and expertise in the Microsoft technology stack, enabling them to provide tailored solutions that leverage the power of Microsoft products and services.

Social networks:

🔗 Linkedin 👤 Facebook ✖ Twitter 📽 Youtube 🎙Podcasts

💵 Hourly rate: $50 — $99 / hr

👩💻 Number of Employees: 250–999

⭐ Founded: 2010

🏆 Awards:

• Inc. 5000 (2020, 2021, 2022, 2023, 2024)

• Inc. Regionals (2021, 2022) — Recognized as one of the fastest-growing private companies in America

• The 2024 Global Outsourcing 100 by IAOP

• Real Leaders Impact Awards (2023)

• Top Software Development Company in the USA for 2024 by Techreviewer.co

• 2023 TechBehemoths Award winner for B2B excellence

• A Top 1000 Global Company by Clutch 2023

• Top Mobile App Development Companies in the USA for 2023 by MobileAppDaily

2. Luxoft

Luxoft is a global IT service provider known for delivering tangible business results through cutting-edge technological solutions. Their services include strategic consulting, software development, and digital solution engineering.

Luxoft serves various industries, including finance, automotive, communications, healthcare, and life sciences, helping businesses maintain their competitive edge.

Social networks:

🔗 Linkedin 👤 Facebook ✖ Twitter 📽 Youtube

💵 Hourly rate: $100 — $149/hr

👩💻 Number of Employees: 10,000+

⭐ Founded: 2000

🏆 Awards:

• Luxoft recognized as AMS Innovative Partner of the Year in Tricentis Awards 2022

• Best Leadership Teams 2023 in Comparably

• Best CEOs for Diversity 2023 in Comparably

3. EPAM

EPAM Systems is a frontrunner in the realms of digital and physical product development, as well as digital platform engineering services. The company stands at the forefront of the industry thanks to its forward-thinking approaches, comprehensive advisory and consulting capabilities, creative design expertise, and a unique Engineering DNA that permeates all its endeavors. EPAM actively shapes a tangible future for its clients and global communities by harnessing globally dispersed hybrid teams.

Social networks:

🔗 Linkedin 👤 Facebook ✖ Twitter 📽Youtube

💵 Hourly rate: $100 — $149/hr

👩💻 Number of Employees: 10,000

⭐ Founded: 1993

🏆 Awards:

• Top 20 fastest-growing firms by Consulting Magazine 2022

• Ranked four times as the top IT services company on Fortune’s 100 Fastest-Growing Companies list

• Awarded LinkedIn’s Best Culture of Learning Talent Award 2021

4. Grid Dynamics

The company offers consulting, co-creation, and scalable engineering/data science to Fortune 500s. Working closely with clients, they cover the entire digital journey, from strategy and prototypes to large-scale platform delivery.

Their expertise, talent, and efficient practices empower organizations to be agile and develop innovative digital offerings. Renowned for designing and implementing major programs in retail, tech, and finance, they help clients win market share, launch faster, and significantly reduce digital operation costs.

Social networks:

🔗 Linkedin 👤 Facebook 📽 Youtube

💵 Hourly rate: $25 — $49 / hr

👩💻 Number of Employees: 250–999

⭐ Founded: 1999

🏆 Awards:

• Best Place to Code Mexico for the 8th Consecutive Year

• Won MACH Alliance Award for Best Health/Pharma Project

5. YouTeam

YouTeam simplifies building offshore software development teams. It acts as a curated marketplace, connecting clients with a network of over 400 trusted developers from 35 countries. This extensive network allows clients to handpick the perfect engineers for their specific needs and begin work within 48 hours.

To ensure quality, each engineer undergoes a rigorous vetting process, including three levels of verification and independent skills assessments through HackerRank for Work™. YouTeam prioritizes a personalized approach, using technology to expedite talent sourcing while maintaining a “high-touch” experience for each client.

Social networks:

🔗 Linkedin 👤 Facebook ✖ Twitter

💵 Hourly rate: $50 — $99 / hr

👩💻 Number of Employees: 10–49

⭐ Founded: 2017

🏆 Awards:

• G2 Winter 2023 Best Support awards

• G2 Winter 2023 Easiest Setup awards

• G2 Winter 2023 Easiest To Use awards

• G2 Winter 2023 High Performer awards

Conclusion

The booming SaaS market unlocks a wealth of advantages for businesses of all scales. But translating your SaaS vision into a thriving reality hinges on selecting the perfect development partner. This article has unpacked the strengths, experience, and specialties of five leading SaaS software development companies.

For those seeking a dependable partner with a proven track record of excellence, unwavering dedication to quality, and broad-ranging expertise across various industries, Glorium Technologies stands out as a compelling choice.

However, the ideal fit hinges on your specific needs. When making your decision, carefully weigh factors like budget, project scope, desired expertise, and company culture. We highly recommend conducting in-depth research and comparing the available options before selecting a development partner to propel your SaaS vision forward.