Altum Strengths, Domain Expertise, and Key Differentiators
Altum’s strength lies in its domain expertise and comprehensive product portfolio, epitomized by ProposalCentral and Easygrants—versatile solutions meeting the distinct needs of grant-making organizations. Altum Insights and Altum Analytics further underscore their commitment to innovation, delivering deep text search capabilities and robust data reporting functionalities.
Altum Recent Developments
In May 2022, Altum the creator of ProposalCentral, announced the integration of DocuSign eSignature, enhancing their platform by enabling seamless electronic signature capture for grantmakers within ProposalCentral. This integration streamlines the award agreement process and aims to expedite signing times while maintaining high-security standards. Additionally, in January 2022, Altum unveiled the Research Funding Capability Assessment, a free online diagnostic tool designed to aid scientific grant makers in evaluating their grant funding strengths and areas for improvement across various dimensions crucial to the grant management process.
Altum Mergers and Acquisitions (M&A) Activities
Altum's acquisition of PhilanTech in 2014 fortified its standing in the grants management apps market
Altum Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Altum 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 Altum 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 Easygrants 9.1, Altum ProposalCentral customers.
Altum Overview
11921 Freedom Drive, Suite 550
Reston, VA, 20191, United States
1 703-657-8299
https://www.altum.com/
Ownership: - x
Number of Employees: 80
Functional Markets: Analytics and BI, ERP Services and Operations,
Key Verticals: Healthcare, Life Sciences, Special Cause Nonprofit,
Altum Key Enterprise and Cloud Applications
Easygrants 9.1, Altum ProposalCentral
Altum 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.
Altum Revenue Breakdown By Type, $M:
Altum Enterprise Applications Revenues By Functional Markets, $M:
Altum Enterprise Applications Revenues By Verticals, $M:
Altum 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 |
Altum Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Altum Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Altum Customers
No. of Altum Customers: 200
No. of Altum Enterprise Applications Customers: x
No. of Altum Cloud Customers: x
No. of Altum Cloud Subscribers: 872500
Altum boasts an extensive customer base comprising prestigious organizations like the FDA, National Institutes of Health, and various research institutes globally. The company's clientele spans across diverse industries and geographies, affirming its global footprint and credibility within the grant management sphere.
Altum Market Opportunities, M&A and Geo Expansions
In February 2021, Altum welcomed the International Human Science Frontier Science Program Organization (HFSPO) as the newest funder on its platform. HFSPO implements the Human Frontier Science Program (HFSP) – an international program funding frontier research on the complex mechanisms of living organisms. HFSP is supported by 14 countries and the European Union. HFSP Research Grants are awarded for novel research involving extensive collaboration among teams of scientists working in different countries and in different disciplines.
The establishment of Altum RF's office in Dallas, Texas, and its presence in Sydney and the Netherlands manifests Altum’s commitment to expanding its global reach and catering to the burgeoning demand in different regions.
Altum Risks and Challenges
While Altum stands poised for growth, it faces inherent risks associated with market volatility, evolving technological landscapes, and intensifying competition. The company’s ability to navigate these challenges while maintaining its competitive edge will be pivotal.
Altum Ecosystem, Partners, Resellers and SI
Altum’s strategic alliances with key players like Qlik, Social&Scientific Systems, and Infor underscore the significance of ecosystem partnerships in augmenting their offerings and creating network effects. These collaborations facilitate integrations, enhancing the overall value proposition for customers and system integrators alike.
Altum Cloud Infrastructure Insights
Subscribe to read more about:
- Altum Public Cloud and Infrastructure (IaaS)
- Altum Platform (PaaS)
- Altum Application Delivery
- Altum 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:
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