Controlant Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS and CLOUD TOP 500 Market Report

Controlant Strengths, Domain Expertise, and Key Differentiators

Controlant offers a powerful trifecta of automated chain monitoring solutions, delivered as a service (CHaaS), where customers pay only for the shipments or products they track. This includes an innovative combination of a location-aware intelligence cloud platform delivering prescriptive reporting, wireless and reusable internet of things (IoT) data loggers, and a variety of managed and professional services, including reverse device logistics and 24/7 monitoring and response, driving growth and profitability.

Controlant's solutions empower those responsible for cold chain performance to stay abreast of critical metrics and situations in real-time when their shipments or assets are in-transit, addressing problems quickly when they arise to proactively prevent damage or waste. Analytics provide customers with insights to fuel future decision-making and collaboration throughout their business ecosystem.

Controlant Recent Developments

Controlant's financial performance in 2022 was nothing short of remarkable. Gísli Herjólfsson, CEO and co-founder, unveiled the staggering revenue figure, which doubled from the previous year, soaring past $133 million. The operational prowess was further underscored by an operating profit (EBITDA) of $66 million, solidifying Controlant's position as a lucrative investment.

In the dynamic realm of pharmaceuticals, Controlant's Aurora Platform stands as a beacon of innovation, addressing the complexities of modern medicine with a robust, cloud-based solution. As the industry embraces digitalization and automation, the platform not only ensures the efficient distribution of medications but also paves the way for a future where pharmaceutical supply chains are agile, sustainable, and, most importantly, safeguard patient well-being. Controlant's Aurora Platform is not just a technological advancement; it's a paradigm shift that propels the pharmaceutical industry into a new era of efficiency, profitability, and, ultimately, improved healthcare outcomes.

Controlant Mergers and Acquisitions (M&A) Activities

In March 2021, Controlant acquired BI Manager, and its product business units, from Icelandic business intelligence solutions provider Intenta. The BI Manager product will further enhance Controlant’s Cold Chain as a Service Digital Visibility Platform and fits squarely with its objectives to provide a growing portfolio of customers with the data and communications tools they need to make proactive and responsive decisions about their logistics and supply chain strategies.

Controlant Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Controlant 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 Controlant 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 Cold Chain as a Service customers.

Controlant Key Enterprise and Cloud Applications

Cold Chain as a Service

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Controlant Direct vs Indirect sales

Controlant Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Controlant Customers

No. of Controlant Customers: 300

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Controlant has more than 300 customers around the world. Among its customers are Ipsos MORI, Distica, Teva, MaxiaNet, Allergan, Alliance Healthcare, Urdarapotek, Henri Essers, Ipsos, Kuehne + Nagel, Pfizer Inc, Procter & Gamble (P&G), Sequence and many others.

Controlant Market Opportunities, M&A and Geo Expansions

The $40 million financing presents Controlant with unprecedented opportunities to expand on both horizontal and vertical levels. On the horizontal front, the company can diversify its offerings, catering to an even broader spectrum of supply chain needs. Vertically, the potential for market expansion is vast, as Controlant aims to create zero-waste supply chains not just for existing pharma partners but for new entrants into the industry.

In September 2020, Controlant secured $15 million in Series B funding to drive the market expansion of its real-time Cold Chain as a Service Digital Visibility Platform, which brings unprecedented visibility, efficiency, and responsiveness to global temperature-controlled supply chains. The financing brings Controlant’s total funding to $50 million.

Controlant Risks and Challenges

To spearhead these transformative initiatives, our organization is proud to announce key changes to its executive leadership team. Erlingur Brynjúlfsson, a seasoned strategist, takes on the role of Chief Strategy Officer, ensuring our organization's alignment with industry trends. Carsten Lützhøft, with a rich product development background, steps into the role of Chief Product Officer, driving innovation in our real-time monitoring solutions. Wade Munsie, a technology expert, assumes the role of Chief Technology Officer, overseeing the integration of cutting-edge technologies.

Now that COVID-19 vaccines have received regulatory authorizations and vaccine manufacturers are providing a steady and increasing supply, the focus is on distributing doses, but when the COVID vaccination slows down, further expansion of the company will be a challenge.

Controlant Ecosystem, Partners, Resellers and SI

Controlant's expansion into Denmark and Poland signifies a strategic move towards fostering innovation, collaboration, and sustainability in the pharmaceutical supply chain. Controlant is poised to make significant strides in its mission to unleash zero-waste supply chains, setting a benchmark for the intersection of technology and industry in the IT landscape.

Controlant partnered with Siemens by joining Siemens’ MindSphere Partner Program to accelerate the adoption of real-time supply chain visibility through an integrated solution. By integrating Controlant’s cold chain solution with MindSphere, Controlant data will be accessible through MindSphere. Siemens and Controlant can collaborate to engage with new and existing customers and enable real-time analytics to connect stakeholders, improve supply chain efficiency, and support enterprise growth efforts.

Controlant Cloud Infrastructure Insights

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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: