Euna Solutions (Formerly GTY Technology Holdings Inc.) Strengths, Domain Expertise, and Key Differentiators
Euna Solutions unites public sector technology companies to establish a new benchmark in stakeholder engagement and resource management. Operating through its six business units, Euna offers an intuitive cloud-based suite catering to state and local governments, educational institutions, and healthcare organizations. This comprehensive suite covers crucial functions like procurement, payments, grant management, budgeting, and permitting. Euna Solutions’ collaboration sets a high standard in delivering essential solutions, bridging crucial gaps in public sector operations across various domains.
Euna Solutions (Formerly GTY Technology Holdings Inc.) Recent Developments
In September 2023, Euna Solutionsâ„¢, renowned for purpose-built cloud solutions in the public sector, unveiled Budget Book Studio as a new feature within Euna Budget, in partnership with Questica. This innovative addition empowers public sector finance professionals to swiftly craft and share impressive online budget books with their communities. The cloud-based Budget Book Studio simplifies the creation and publication of annual budget books for governments of all scales using a single, user-friendly editor. Enabling seamless team collaboration, it ensures alignment with Government Finance Officers Association (GFOA) standards and full compliance with the Americans with Disabilities Act (ADA), enhancing accessibility and adherence to regulatory frameworks.
In September 2021, eCivis, a subsidiary of GTY Technology Holdings Inc. and the most widely used SaaS grants management solution for state, local and tribal governments, released new functionality to automate and streamline American Rescue Plan Act (ARPA) grants management and compliance with the latest federal guidelines. eCivis created its new ARPA Program to automate and simplify the process. It is also developed in accordance with State and Local Fiscal Recovery Funds (SLRF) guidelines to minimize compliance risk for eCivis customers.
Euna Solutions (Formerly GTY Technology Holdings Inc.) Mergers and Acquisitions (M&A) Activities
In May 2023, Euna Solutions made a significant announcement, revealing the rebranding of its corporate identity from GTY Technology. This strategic move aims to fortify its dominant position as a driving force behind digital transformation within the public sector. Leveraging extensive experience in technology innovation, Euna Solutions offers a comprehensive suite of top-tier software solutions vital for managing administrative functions and financial operations in the U.S. and Canada's public sector. These high-caliber solutions and services have a track record of seamlessly integrating with government ERP systems, enhancing productivity, efficiency, transparency, collaboration, and regulatory compliance. This rebranding signifies Euna Solutions' commitment to continued leadership in revolutionizing digital solutions for the public sector.
In September 2018, GTY Technology Holdings acquired six companies that are leading the digital transformation in the public sector market including Bonfire Interactive Ltd. ("Bonfire"), CityBase, Inc. ("CityBase"), eCivis, Inc. ("eCivis"), Open Counter Enterprises Inc. ("Open Counter"), Questica Inc. and Questica USCDN Inc. (together with Questica Inc., "Questica") and Sherpa Government Solutions LLC ("Sherpa" and collectively with Bonfire, CityBase, eCivis, Open Counter and Questica, the "Targets").
Euna Solutions (Formerly GTY Technology Holdings Inc.) Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Euna Solutions (Formerly GTY Technology Holdings Inc.) 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 Euna Solutions (Formerly GTY Technology Holdings Inc.) 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 Euna Budget, Euna Procure, Euna Grants, Euna Permits, Euna Payments, Euna K-12 Admin customers.
Euna Solutions (Formerly GTY Technology Holdings Inc.) Overview
1180 North Town Center Drive Suite 100
Las Vegas, NV, 89144, United States
1 702-945-2898
https://www.eunasolutions.com/
Ownership: - x
Number of Employees: 510
Functional Markets: CRM, EPM, ERP Financial, ERP Services and Operations, Procurement,
Key Verticals: K12, Higher Education, Federal Government, State and Local Government, Healthcare, Utilities,
Euna Solutions (Formerly GTY Technology Holdings Inc.) Key Enterprise and Cloud Applications
Euna Budget, Euna Procure, Euna Grants, Euna Permits, Euna Payments, Euna K-12 Admin
Euna Solutions (Formerly GTY Technology Holdings Inc.) 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.
Euna Solutions (Formerly GTY Technology Holdings Inc.) Revenue Breakdown By Type, $M:
Euna Solutions (Formerly GTY Technology Holdings Inc.) Enterprise Applications Revenues By Functional Markets, $M:
Euna Solutions (Formerly GTY Technology Holdings Inc.) Enterprise Applications Revenues By Verticals, $M:
Euna Solutions (Formerly GTY Technology Holdings Inc.) 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 |
Euna Solutions (Formerly GTY Technology Holdings Inc.) Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Euna Solutions (Formerly GTY Technology Holdings Inc.) Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Euna Solutions (Formerly GTY Technology Holdings Inc.) Customers
No. of Euna Solutions (Formerly GTY Technology Holdings Inc.) Customers: 2000
No. of Euna Solutions (Formerly GTY Technology Holdings Inc.) Enterprise Applications Customers: 2000
No. of Euna Solutions (Formerly GTY Technology Holdings Inc.) Cloud Customers: x
No. of Euna Solutions (Formerly GTY Technology Holdings Inc.) Cloud Subscribers: x
Euna Solutions witnessed a 15% growth in its customer base, reaching a total of 1768 clients. Notable among them are City of Detroit, Ventura County, Great Lakes Water Authority, State of Arizona, Harris County, and several others. Particularly significant is that approximately 80% of Euna Solutions' new clients represent Greenfield ventures, signifying substantial growth in penetrating new markets and establishing fresh relationships within the industry.
Euna Solutions (Formerly GTY Technology Holdings Inc.) Market Opportunities, M&A and Geo Expansions
Euna Solutions aims to expand its customer base through strategic means: leveraging its diverse product portfolio within its current clientele, investing in direct sales to new customers, and fostering partnerships with complementary products and services. This approach stands as a crucial opportunity for its sustained growth and continued success in the market.
Euna Solutions (Formerly GTY Technology Holdings Inc.) Risks and Challenges
Euna Solutions completed the acquisition of six small SaaS and cloud software solution providers, aiming to amalgamate their capabilities to support state and local governments in their digital transformation efforts. However, the integration of these recent acquisitions and the consolidation of multiple product suites under a unified umbrella pose a significant challenge for Euna Solutions, carrying inherent risks in the process.
Euna Solutions (Formerly GTY Technology Holdings Inc.) Ecosystem, Partners, Resellers and SI
In March 2020, Euna Solutions established a strategic partnership with Carahsoft Technology Corp., a reputable government IT solutions provider. This partnership designates Carahsoft as Euna's Master Government Aggregator, empowering them to act as the government distribution partner and contract aggregator for Euna and its six business units. The agreement grants Carahsoft the authority to offer all Euna products through various contract vehicles, providing sales, marketing, and order management support to deliver Euna's solutions effectively to the public sector. Euna Solutions' subsidiaries, such as eCivis and Open Counter, currently offer their products to state and local government agencies, educational institutions, and authorized non-profits through Carahsoft's National Association of State Procurement Officials (NASPO) ValuePoint and National Cooperative Purchasing Alliance (NCPA) cooperative purchasing vehicles, alongside the company's network of reseller partners.
Euna Solutions (Formerly GTY Technology Holdings Inc.) Cloud Infrastructure Insights
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- Euna Solutions (Formerly GTY Technology Holdings Inc.) Public Cloud and Infrastructure (IaaS)
- Euna Solutions (Formerly GTY Technology Holdings Inc.) Platform (PaaS)
- Euna Solutions (Formerly GTY Technology Holdings Inc.) Application Delivery
- Euna Solutions (Formerly GTY Technology Holdings Inc.) 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).
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