Faithlife Strengths, Domain Expertise, and Key Differentiators
Faithlife Corporation is a publisher and creator of electronic tools and resources designed for Bible study. Renowned for its flagship product, the Logos Bible Software, the corporation extends its reach by publishing tools and resources under various brands. Through strategic partnerships with over 500 publishers, Faithlife Corporation facilitates access to a vast collection of more than 120,000 Christian ebooks for users of its software.
Faithlife Recent Developments
In August 2024, Logos Bible Software appointed Bill McCarthy as its new Chief Executive Officer. McCarthy previously held leadership roles at Cisco Systems, Appian, and Infoblox. Under his leadership, Logos has introduced a subscription-based model to broaden accessibility and support ongoing development. McCarthy has outlined plans to expand the company's reach and build on Logos' 30-year history in digital Bible study tools.
On October 10, 2022, Faithlife unveiled Logos 10, featuring enhanced speed, a refined user interface, and several notable features. These included integration with print libraries, automated translation, sermon importing, and the unique capability to automatically translate any book into a hundred modern languages.
In 2020, Faithlife Corporation released Logos Bible Software 8 (Logos 8), the latest version of their acclaimed Bible software. With the bold changes in this latest release, Faithlife hopes to make Bible study a part of every Christian’s daily life.
Faithlife Corporations released Verbum 8, the latest version of their acclaimed Catholic digital study platform. With the bold changes in this latest release, Faithlife hopes to make spiritual study a part of every Catholic’s daily life."
Faithlife Mergers and Acquisitions (M&A) Activities
In 2021, Faithlife completed the acquisition of Go to the Hub, marking a strategic entry into the church curriculum and discipleship content sector. Concurrently, the company unveiled the French iteration of Logos, expanding its global footprint and catering to a broader linguistic audience.
Faithlife Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Faithlife 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 Faithlife 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 Logos, Proclaim, Sermons, TV, and Pro Media. customers.
Faithlife Overview
315 Prospect St #759
Bellingham, WA, 98225, United States
1 360-527-1700
https://www.faithlife.com/
Ownership: - x
Number of Employees: 400
Functional Markets: Collaboration, Content Management, ERP Services and Operations,
Key Verticals: Non Profit,
Faithlife Key Enterprise and Cloud Applications
Logos, Proclaim, Sermons, TV, and Pro Media.
Faithlife Revenues, $M:
| Type/Year | 2023 | 2024 | 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.
Faithlife Revenue Breakdown By Type, $M:
Faithlife Enterprise Applications Revenues By Functional Markets, $M:
Faithlife Enterprise Applications Revenues By Verticals, $M:
Faithlife Revenues By Region, $M
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Faithlife Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Faithlife Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Faithlife Customers
No. of Faithlife Customers: x
No. of Faithlife Enterprise Applications Customers: x
No. of Faithlife Cloud Customers: x
No. of Faithlife Cloud Subscribers: 6 million
Among Faithlife Corporation customers are: Thornydale Family Church, Lighthouse Church, Crossover Church, At the Cross Antrim and others.
Faithlife Market Opportunities, M&A and Geo Expansions
On October 10, 2022, Faithlife unveiled Logos 10, presenting enhanced features, including improved speed and user interface. This release showcased significant opportunities, such as seamless integration with print libraries, automated translation capabilities, streamlined sermon importing, and a pioneering ability to translate any book into a hundred modern languages automatically. These advancements positioned Logos 10 as a compelling and versatile tool for users seeking to expand their horizons in their scholarly pursuits and linguistic engagement.
In 2018, Faithlife Corporation opened a new, full-service customer care center, the Church Support Center, in late October. The opening coincided with the launch of Logos 8, the latest version of its popular Bible study software. The Church Support Center offers churches technical support 365 days per year. The center ensures Sunday-morning support for products like Faithlife Proclaim (church presentation software), Faithlife Giving (online and mobile giving), and all the elements of the Faithlife Equip platform for churches.
Faithlife Risks and Challenges
After an extensive eight-year development, Faithlife has recognized significant deficiencies in crucial features within Faithlife Equip, an integrated ministry platform, missing key features users need. As a preemptive measure, Faithlife has chosen to discontinue operations of Faithlife Equip, effective June 30, 2023, signifying a strategic departure from the church management space.
Faithlife Ecosystem, Partners, Resellers and SI
In 2020, Faithlife established its affiliate program with the objective of expanding its client base. This strategic initiative is designed to attract a broader audience to the company's offerings.
In 2019, FaithlifeChurch partnered with the Church of God (Anderson, Indiana), which will provide a way to streamline the global movement’s communications and community.
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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