Kiteworks Strengths, Domain Expertise, and Key Differentiators
Kiteworks is a prominent provider of private cloud solutions, specializing in the secure sharing and collaboration of files. Their comprehensive platform empowers users to effortlessly access, edit, and share enterprise content across various devices, all while upholding stringent compliance standards and ensuring robust security measures.
Kiteworks Recent Developments
Accellion has been making significant strides in the market, capitalizing on the growing demand for secure collaboration solutions. Its recent rebranding as Kiteworks highlights the company's commitment to providing innovative solutions in the cloud-based collaboration space.
Kiteworks Mergers and Acquisitions (M&A) Activities
In April 2020, Accellion secured a substantial $120 million funding round led by Bregal Sagemount. This infusion of capital will be utilized to enhance and develop their enterprise-grade content firewall, further strengthening their product portfolio.
Kiteworks Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Kiteworks 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 Kiteworks 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 Kiteworks customers.
Kiteworks Overview
1510 Fashion Island Blvd. Suite 100
San Mateo, CA, 94404, United States
1 650-485-4300
https://www.kiteworks.com/
Ownership: - x
Number of Employees: 200
Functional Markets: Collaboration, Content Management,
Key Verticals: Banking and Financial Services, Construction, Real Estate, Consumer Packaged Goods, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services,
Kiteworks Key Enterprise and Cloud Applications
Kiteworks
Kiteworks 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.
Kiteworks Revenue Breakdown By Type, $M:
Kiteworks Enterprise Applications Revenues By Functional Markets, $M:
Kiteworks Enterprise Applications Revenues By Verticals, $M:
Kiteworks 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 |
Kiteworks Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Kiteworks Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Kiteworks Customers
No. of Kiteworks Customers: 3800
No. of Kiteworks Enterprise Applications Customers: 3800
No. of Kiteworks Cloud Customers: x
No. of Kiteworks Cloud Subscribers: 35 mil.
Kiteworks boasts an impressive customer base, serving over 25 million end-users and collaborating with more than 3,000 leading corporations and government agencies worldwide. Notable customers include NYC Health + Hospitals, KPMG, Kaiser Permanente, Latham & Watkins, National Park Service, Umpqua Bank, Tyler Technologies, and the National Institute for Standards and Technology (NIST). This diverse customer base underscores Accellion's ability to cater to the unique collaboration and security requirements of various industries.
Kiteworks Market Opportunities, M&A and Geo Expansions
Kiteworks has identified significant market opportunities, both horizontally and vertically. With the emergence of remote work and the increasing need for secure collaboration, the demand for cloud-based solutions is set to soar. Accellion is well-positioned to capitalize on this trend by expanding its offerings and capturing new regions. By leveraging their existing strengths and domain expertise, Accellion can penetrate untapped markets, enabling organizations across industries to securely collaborate on content.
Kiteworks Risks and Challenges
The recent Box IPO and the upcoming Dropbox IPO have prompted significant shifts in the strategies of collaboration and content management vendors. To remain competitive amidst the market leaders, these vendors are compelled to reevaluate their go-to-market approaches. In light of this dynamic landscape, Kiteworks should proactively consider the adoption of a competitive pricing plan as a viable means to capture substantial market share. By strategically aligning pricing strategies with customer demands, Kiteworks can enhance its market positioning and fortify its competitive edge.
Kiteworks Ecosystem, Partners, Resellers and SI
Kiteworks has built a robust ecosystem through strategic technology integrations and partnerships. By collaborating with industry leaders such as Amazon, Good, MobileIron, nelogin, Symantec, Salesforce, iManage, and Check Point, Accellion strengthens its product offerings and expands its market reach. The network effects of system integrators and value-added resellers further amplify Accellion's visibility and provide customers with comprehensive solutions tailored to their specific needs.
Kiteworks Cloud Infrastructure Insights
Subscribe to read more about:
- Kiteworks Public Cloud and Infrastructure (IaaS)
- Kiteworks Platform (PaaS)
- Kiteworks Application Delivery
- Kiteworks 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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