Insightsoftware Strengths, Domain Expertise, and Key Differentiators
insightsoftware is a global provider in delivering comprehensive solutions tailored for the Office of the CFO. Offering a range of solutions spanning financial planning and analysis (FP&A), accounting, and operations, insightsoftware revolutionizes operational methodologies, enabling leaders to make well-informed decisions promptly. By facilitating automated processes, providing trusted insights, enhancing predictability, and fostering productivity, insightsoftware drives efficiency and effectiveness within finance teams.
Insightsoftware Recent Developments
January 2024 marked the one-year anniversary of insightsoftware CEO Michael Sullivan's leadership. During his tenure, the company has seen remarkable growth, characterized by two acquisitions, the introduction of several new offerings, and the establishment of three core business units: FP&A, Controllership, and Data and Analytics. Additional highlights from 2023 include:
The launch of the insightsoftware Platform, a comprehensive solution enabling organizations to streamline tasks such as book closure, budget planning, and tax preparation. This platform simplifies business rule and process management, reducing manual tasks, addressing labor shortages, and enhancing productivity across finance, accounting, and operations teams.
Introduction of extensive new features to the Logi Symphony software suite, seamlessly embedding self-service, end-to-end business intelligence and analytics (ABI) with artificial intelligence (AI) into any web-based application.
Integration of Spreadsheet Server with Infor Financials and Supply Management (FSM), providing finance teams with enhanced control over Infor FSM reporting and allowing them to spend less time on data preparation.
Expansion of the Angles product line with Angles Professional for Oracle, offering Oracle ERP Cloud users the ability to customize, create, and share interactive dashboards and reports across all departments.
Evolution of Longview Tax to help organizations confidently meet BEPS 2.0 Pillar Two requirements.
Insightsoftware Mergers and Acquisitions (M&A) Activities
In August 2023, insightsoftware completed the acquisition of Vizlib, a prominent software company headquartered in the UK, specializing in developing robust value-added products for Qlik Sense. This strategic move enables insightsoftware to offer Qlik users enhanced capabilities to bolster operational planning, reporting, and analytics. Additionally, it synergizes with insightsoftware's prior acquisition of Power ON and expands the write-back functionality, allowing users to update source data in enterprise databases directly within the Qlik platform.
Insightsoftware Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Insightsoftware 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 Insightsoftware 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 CXO Software, Atlas, Huble, Jet, Spreadsheet Server, Wands, Tidemark customers.
Insightsoftware Overview
8529 Six Forks Road #400
Raleigh, NC, 27615, United States
1 919-872-7800
https://www.insightsoftware.com/
Ownership: - TA Associates, ST6, HG Capital
Number of Employees: 2400
Functional Markets: Analytics and BI, EPM, ERP Financial, PPM, SPM, SCM, TRM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Insightsoftware Key Enterprise and Cloud Applications
CXO Software, Atlas, Huble, Jet, Spreadsheet Server, Wands, Tidemark
Insightsoftware Revenues, $M:
Type/Year | 2022 | 2023 | YoY Growth, % |
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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.
Insightsoftware Revenue Breakdown By Type, $M:
Insightsoftware Enterprise Applications Revenues By Functional Markets, $M:
Insightsoftware Enterprise Applications Revenues By Verticals, $M:
Insightsoftware Revenues By Region, $M
Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
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Americas | Subscribe | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe | Subscribe |
Insightsoftware Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
Insightsoftware Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Insightsoftware Customers
No. of Insightsoftware Customers: 32000
No. of Insightsoftware Enterprise Applications Customers: 32000
No. of Insightsoftware Cloud Customers: x
No. of Insightsoftware Cloud Subscribers: 500000
insightsoftware boasts a customer base exceeding 32,000 globally, serving over 500,000 users. Among its esteemed clientele are renowned companies such as Bassett Furniture, Coca-Cola Bottling Co., BMI, Klaussner Home Furnishings, Interfloor Limited, and many others.
Insightsoftware Market Opportunities, M&A and Geo Expansions
insightsoftware secured a strategic investment of $1 billion from Hg to further expand its platform and consolidate its position as a leader in financial reporting and EPM software. The investment comes from the Hg Saturn 2 Fund, representing a significant equity infusion into insightsoftware. This investment places Hg as a major minority shareholder alongside TA Associates ("TA") in a transaction that values the company at an Enterprise Value of approximately $4 billion. With joint control shared between TA and Hg, insightsoftware will benefit from the ongoing support of existing minority shareholders Genstar and ST6.
Insightsoftware Risks and Challenges
insightsoftware acquired 25 businesses in the last five years. Integration of the latest acquisitions and multiple product suits under one umbrella will be a challenge for insightsoftware.
Insightsoftware Ecosystem, Partners, Resellers and SI
In 2023, insightsoftware added more than 200 partners to its extensive partner network following the acquisition of Vizlib and ongoing innovation with products such as Jet Reports.
Insightsoftware Cloud Infrastructure Insights
Subscribe to read more about:
- Insightsoftware Public Cloud and Infrastructure (IaaS)
- Insightsoftware Platform (PaaS)
- Insightsoftware Application Delivery
- Insightsoftware 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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