Alludo (formerly Corel) Strengths, Domain Expertise, and Key Differentiators
Founded during the era when individuals purchased physical boxes of software from electronics stores, accompanied by installation disks and substantial manuals, Alludo has adeptly transitioned into the modern age. Through strategic acquisitions like Parallels, a prominent player in virtualization that enables businesses to operate extensive and fragmented networks seamlessly, Alludo has showcased a forward-thinking strategy aligned with contemporary market dynamics.
Alludo (formerly Corel) Recent Developments
In September 2022, Corel rebranded as Alludo, a global tech company with renowned software solutions. Alludo, known for Parallels, CorelDRAW, MindManager, and WinZip, is committed to reshaping the future of work for over 2.5 million customers globally. CEO Christa Quarles emphasizes the dedication to empowering ""all you do,"" unifying sub-brands while preserving their distinct identities. Alludo focuses on organic growth and adaptability to the modern workplace, allowing employees to choose their work location.
Alludo launched a revamped partner program, aiming to empower global channel partners with resources and profit opportunities, featuring renowned software brands like CorelDRAW and Parallels. Andrea Johnston, Alludo's Chief Revenue Officer, highlights the program's focus on accelerating partner profitability through free enablement training, sales tools, and collaborative marketing initiatives. The tiered structure offers customized benefits, with Gold and Platinum partners enjoying additional resources and dedicated support.
Alludo launched the CorelDRAW Graphics Suite 2020, featuring cutting-edge AI, enhanced performance, and cloud-based collaboration to empower graphics professionals. The suite includes professional applications for vector illustration, layout, typography, and photo editing, streamlining the creation of complex projects.
Alludo launched the CorelDRAW Graphics Suite 2020, featuring cutting-edge AI, enhanced performance, and cloud-based collaboration to empower graphics professionals. The suite includes professional applications for vector illustration, layout, typography, and photo editing, streamlining the creation of complex projects.
Alludo (formerly Corel) Mergers and Acquisitions (M&A) Activities
In June 2022, Alludo acquired Awingu, a leading provider of secure remote access technology, for an undisclosed sum. This enhances Alludo's remote workspace offerings by integrating Awingu with Parallels Remote Application Server (RAS). The move aims to provide end-users with increased flexibility for secure work from any location and device. The Parallels RAS platform will now offer an extended application delivery framework, including virtual desktop infrastructure (VDI)/Desktop-as-a-Service (DaaS) solutions, and Awingu's "clientless" browser-based access for seamless interaction with various applications, including legacy and SaaS apps, and desktops.
Alludo (formerly Corel) Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Alludo (formerly Corel) applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Alludo (formerly Corel) and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Alludo Corporation customers.
Alludo (formerly Corel) Overview
333 Preston Street Suite 700
Ottawa, ON, K1S 5N4, Canada
1 613-728-8200
https://www.alludo.com/
Ownership: - KKR
Number of Employees: 1205
Functional Markets: Collaboration, Content Management, ERP Financial, ITSM, PLM, PPM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Alludo (formerly Corel) Key Enterprise and Cloud Applications
Alludo Corporation
Alludo (formerly Corel) Revenues, $M:
Type/Year | 2022 | 2023 | YoY Growth, % |
---|---|---|---|
Total Revenues, $M | Subscribe | Subscribe | Subscribe |
Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Alludo (formerly Corel) Revenue Breakdown By Type, $M:
Alludo (formerly Corel) Enterprise Applications Revenues By Functional Markets, $M:
Alludo (formerly Corel) Enterprise Applications Revenues By Verticals, $M:
Alludo (formerly Corel) Revenues By Region, $M
Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
---|---|---|---|---|
Americas | Subscribe | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe | Subscribe |
Alludo (formerly Corel) Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
---|---|---|---|
Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
Alludo (formerly Corel) Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Alludo (formerly Corel) Customers
No. of Alludo (formerly Corel) Customers: 2.5 million
No. of Alludo (formerly Corel) Enterprise Applications Customers: 100000000
No. of Alludo (formerly Corel) Cloud Customers: x
No. of Alludo (formerly Corel) Cloud Subscribers: x
Alludo has more than 100 million active users in over 75 countries and markets its products in more than 15 different languages.
Alludo (formerly Corel) Market Opportunities, M&A and Geo Expansions
Alludo acquired the ad-blocking extension Ad Remover, strategically leveraging its digital platforms and partnerships to expand Ad Remover's global presence within the utility sector.
Alludo (formerly Corel) Risks and Challenges
Alludo appointed Prashant Ketkar as Chief Technology and Product Officer, signifying a shift in leadership that may impact strategic directions.
In pursuit of expanding its presence in emerging markets such as China, India, Eastern Europe, and Latin America, the company is committed to localizing products in additional languages, expanding its reseller network, reinforcing the direct sales force, and developing regionally focused versions of e-Store. These markets, devoid of established brand loyalty, are viewed as attractive growth opportunities. However, the company is cognizant that venturing into these emerging markets involves inherent risks, challenges, and uncertainties.
Alludo (formerly Corel) Ecosystem, Partners, Resellers and SI
Alludo unveiled an innovative partner program tailored to empower its expanding global network of channel partners. This program is strategically crafted to provide partners with enhanced avenues for customer acquisition, diversified revenue streams, and the cultivation of customer success. Existing and prospective partners can leverage the redesigned program, benefiting from complimentary enablement training, access to sales, marketing, and technical tools, collaborative joint-marketing initiatives, and seamless access to Alludo's extensive customer and technical support resources.
Alludo (formerly Corel) Cloud Infrastructure Insights
Subscribe to read more about:
- Alludo (formerly Corel) Public Cloud and Infrastructure (IaaS)
- Alludo (formerly Corel) Platform (PaaS)
- Alludo (formerly Corel) Application Delivery
- Alludo (formerly Corel) Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/About Ushttps://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ