Follett School Solutions Strengths, Domain Expertise, and Key Differentiators
Follett School Solutions’ products include the Destiny Library Manager used by many US K–12 school libraries, the Aspen Student Information System, and the Titlewave platform, which it uses to distribute print and digital content for educational institutions.
Follett School Solutions Recent Developments
In a series of strategic moves aimed at bolstering its educational technology offerings, Follett School Solutions has been actively engaged in partnerships and acquisitions. In September 2021, Follett School Solutions entered into a partnership with Nash Consulting, LLC, integrating the Follett Aspen Student Information System with Nash Consulting's MyFlexLearning, a flexible scheduling platform, providing schools with enhanced capabilities for personalized daily offerings. Furthermore, in October 2021, Follett School Solutions expanded its digital classroom library, Follett MyDestiny, by partnering with Boclips, adding 50,000 safe, vetted K-12 educational videos to its repository.
Follett School Solutions Mergers and Acquisitions (M&A) Activities
Amidst these collaborations, Follett made significant strides through acquisitions, strengthening its position in the educational technology market. In December 2022, Follett acquired Access-It Software Ltd (Accessit), a renowned leader in library management systems, adding to its comprehensive suite of offerings. Additionally, in December 2023, Follett finalized the acquisition of Livingtree, an all-in-one fundraising management platform, underscoring its commitment to delivering unparalleled support to educational institutions worldwide.
Follett School Solutions Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Follett School Solutions 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 Follett School Solutions 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 Follett Destiny, Follett MyDestiny customers.
Follett School Solutions Overview
1340 Ridgeview Dr
McHenry, IL, 60050, United States
1 815-759-1700
https://www.follettlearning.com/
Ownership: - Francisco Partners
Number of Employees: 1500
Functional Markets: ERP Services and Operations, HCM,
Key Verticals: K12,
Follett School Solutions Key Enterprise and Cloud Applications
Follett Destiny, Follett MyDestiny
Follett School Solutions 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.
Follett School Solutions Revenue Breakdown By Type, $M:
Follett School Solutions Enterprise Applications Revenues By Functional Markets, $M:
Follett School Solutions Enterprise Applications Revenues By Verticals, $M:
Follett School Solutions 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 |
Follett School Solutions Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Follett School Solutions Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Follett School Solutions Customers
No. of Follett School Solutions Customers: 71000
No. of Follett School Solutions Enterprise Applications Customers: 71000
No. of Follett School Solutions Cloud Customers: x
No. of Follett School Solutions Cloud Subscribers: x
Follett School Solutions boasts a robust product portfolio that includes industry-leading solutions such as the Destiny Library Manager, Aspen Student Information System, and Titlewave e-commerce platform. Its Destiny suite of tools powers learning in over 71,000 schools globally, including prestigious institutions like the New York City Department of Education, Philadelphia City School District, and Los Angeles Unified School District. This extensive customer base underscores Follett's dominance in the K-12 educational technology market and its ability to cater to diverse educational needs.
Follett School Solutions Market Opportunities, M&A and Geo Expansions
In December 2022 Follett acquired Access-It Software Ltd (Accessit), a globally recognized leader in library management systems. With over 4,000 customers spanning across 45 countries, Accessit brings a wealth of experience and innovation to the table, aligning seamlessly with Follett's commitment to excellence in educational technology.
The acquisition marks a significant milestone for both Follett and Accessit, as it unites two of the most comprehensive and innovative solutions in the school library automation market.
Follett School Solutions Risks and Challenges
The change of ownership of Follett Schools Solutions from Follett Corporation to Francisco Partners might have negative effects on the company's further growth and expansion.
Follett School Solutions Ecosystem, Partners, Resellers and SI
Follett School Solutions operates within a vibrant ecosystem of technology integrations and partnerships, facilitating seamless connectivity and interoperability with third-party solutions. Through its API Partner Program and integration with notable partners such as Blackbaud, Clever, and Google for Education, Follett empowers educators with time- and cost-saving integrations, enhancing the overall educational experience.
These partnerships underscore Follett's commitment to providing educators with innovative, interconnected solutions that support their evolving needs in the digital age.
Follett School Solutions Cloud Infrastructure Insights
Subscribe to read more about:
- Follett School Solutions Public Cloud and Infrastructure (IaaS)
- Follett School Solutions Platform (PaaS)
- Follett School Solutions Application Delivery
- Follett School Solutions 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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