OpenGov Strengths, Domain Expertise, and Key Differentiators
Given OpenGov's focus on Cloud-based ERP solutions tailored for government entities, it is poised to maintain a steady customer base. OpenGov aids government agencies across various scales, including cities, counties, special districts, states, and schools, in streamlining their budgeting processes, monitoring progress, sharing information with their communities, and gathering feedback.
OpenGov Recent Developments
In April 2020, OpenGov publicly introduced OpenGov Financials, a cutting-edge financial management solution that broadens its portfolio of cloud-based software solutions and introduces the industry’s premier fully integrated cloud ERP tailored specifically for local government entities. OpenGov Financials represents a comprehensive financial system enabling governments to seamlessly execute their daily operational processes, while also facilitating reporting, forecasting, and budgeting through a unified online platform. By consolidating various functions, the software streamlines operations and minimizes reliance on physical documentation such as timecards, invoices, and cash receipts. Its implementation promotes efficiency by diminishing manual tasks and alleviating heavy workloads.
OpenGov Financials seamlessly integrates with the company’s two other software suites, Budgeting and Planning, as well as Permitting, Licensing, and Code Enforcement. These offerings empower governments to sustain operations remotely during crises such as COVID-19. Furthermore, OpenGov’s Reporting & Transparency Platform, encompassing reporting, data visualization, and communications tools, is now part of the package for all new customers. This inclusion supports OpenGov’s mission to facilitate more effective and transparent governance.
In December 2019, the Mayor of the City of Plattsburgh conducted a public demonstration of the new OpenGov finance package. Upon complete implementation, this software tool will grant public access to crucial aspects of the city's finances, spanning from revenues and expenses to departmental payrolls and overtime.
In October 2019, Plattsburgh, N.Y., agreed with OpenGov Budgeting Software, a company that has been under the city’s scrutiny for a while.
In June 2019, The State of Oklahoma announced Oklahoma Checkbook, a portal designed by OpenGov, offering near-real-time data on the state’s expenses. The platform emerged from a collaboration between the Stitt administration, the Office of the State Treasurer, and the newly established Office of Digital Transformation and Administration, as stated in a press release.
In June 2019, The State of Idaho launched Transparent Idaho, designed by OpenGov, featuring visual representations of agency spending, the capability to share findings on social media, a new desktop and mobile interface, and data that is updated nightly.
OpenGov Mergers and Acquisitions (M&A) Activities
In July 2022, OpenGov revealed its acquisition of Cartegraph, a fellow cloud software developer focused on public agencies. Zac Bookman, co-founder and CEO of OpenGov, highlighted in a news release that the merger aims to unite two entities dedicated to government modernization. The completion of the acquisition was facilitated by fresh funding from Cox Enterprises, a privately held global communications and automotive conglomerate headquartered in Atlanta, known for its investment initiatives in new and emerging technologies. Cox Enterprises is also the proprietor of The Atlanta Journal-Constitution.
In June 2021, OpenGov broadened its suite offerings through the acquisition of ProcureNow, a leading provider of multi-tenant Software as a Service (SaaS) solutions for government procurement and contract management.
In September 2019, OpenGov completed the acquisition of ViewPoint. ViewPoint Cloud stands out as the industry’s leading multi-tenant Software as a Service (SaaS) solution for permitting and licensing, experiencing rapid growth. Moving forward, ViewPoint Cloud will seamlessly integrate into The OpenGov Cloud, significantly expanding OpenGov's influence and effectiveness within the public sector.
OpenGov Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying OpenGov 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 OpenGov 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 OpenGov ERP Cloud customers.
OpenGov Overview
660 3rd Street, Suite 100
San Francisco, CA, 94107, United States
1 650-336-7167
https://www.opengov.com/
Ownership: - x
Number of Employees: 700
Functional Markets: EPM, ERP Financial, ERP Services and Operations, Procurement,
Key Verticals: K12, Higher Education, Federal Government, State and Local Government, Public Safety,
OpenGov Key Enterprise and Cloud Applications
OpenGov ERP Cloud
OpenGov 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.
OpenGov Revenue Breakdown By Type, $M:
OpenGov Enterprise Applications Revenues By Functional Markets, $M:
OpenGov Enterprise Applications Revenues By Verticals, $M:
OpenGov 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 |
OpenGov Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
OpenGov Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified OpenGov Customers
No. of OpenGov Customers: 1600
No. of OpenGov Enterprise Applications Customers: 1600
No. of OpenGov Cloud Customers: 1600
No. of OpenGov Cloud Subscribers: x
OpenGov serves over 1,600 governments on The OpenGov Cloud, including entities such as the City of Rockport TX, City of Ft. Lauderdale FL, County of Allegheny PA, District of Columbia DC, State of Illinois, Nobles County MN, City of Stanton CA, City of McKinney TX, and many more.
OpenGov Market Opportunities, M&A and Geo Expansions
In April 2022, OpenGov unveiled its latest endeavor with the inauguration of a new office in Pune, India. Leveraging the nation's pool of highly skilled professionals, OpenGov has steadily expanded its India team over the past two years. This strategic move aims to harness the expertise of India's workforce to drive ongoing advancements in its software suites tailored for local governments and state agencies in the U.S. The company has diligently cultivated a local leadership cadre and bolstered teams spanning Research & Development, Product, Design, and Security through a collaborative partnership with a local service provider. Formalizing its presence earlier this year, OpenGov is transitioning local team members into full-time roles and establishing a dedicated business entity. The imminent office opening at Magarpatta CyberCity on April 6 underscores OpenGov's commitment to accommodating its burgeoning team and seizing growth opportunities in the region.
In September 2019, OpenGov secured USD 51 million in a Series D financing round led by seasoned GovTech investors Weatherford Capital and 8VC, with participation from existing investor Andreessen Horowitz.
In July 2019, OpenGov welcomed Katherine August-deWilde to its Board of Directors, marking the addition of the fifth high-profile executive to the board.
In March 2019, OpenGov announced strategic leadership additions, introducing a new President and two seasoned Advisers. Elevating the Chief Revenue Officer to the position of President presents an opportunity for enhanced operational direction and growth. Moreover, the inclusion of Karen White, CEO of Risk Management Solutions, and Maury Blackman, CEO of Premise and former leader of Accela, as Advisers, brings valuable expertise and perspectives to further strengthen the company's strategic initiatives and market positioning.
OpenGov Risks and Challenges
The recent leadership changes within the Company will influence its future strategic direction.
OpenGov Ecosystem, Partners, Resellers and SI
OpenGov's network of partners delivers the expertise and technology necessary for agencies to thrive on The OpenGov Cloud. Among these partners are Workiva, Amazon Web Services (AWS), eCapital Advisors, STW Inc., AppGeo, Soma Global, Community Data, and several others.
OpenGov Cloud Infrastructure Insights
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- OpenGov Public Cloud and Infrastructure (IaaS)
- OpenGov Platform (PaaS)
- OpenGov Application Delivery
- OpenGov 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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