Opkey Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS and CLOUD TOP 500 Market Report

1495 Opkey

Opkey Strengths, Domain Expertise, and Key Differentiators

Opkey possesses several key strengths that differentiate it in the market. The company's extensive domain expertise and comprehensive product portfolio have positioned it as a reliable test automation provider. Opkey's codeless continuous test automation platform offers a user-friendly interface, enabling organizations to automate testing across packaged applications, mobile, and desktop environments. With 30,000+ pre-built test cases covering 14+ ERPs and 150+ technologies, Opkey provides resilient test automation solutions for various use cases.

Additionally, Opkey's incorporation of AI and ML features, such as change impact analysis and self-healing capabilities, enhances the effectiveness of its test automation platform. By enabling shorter release cycles and seamless test maintenance, Opkey helps organizations achieve faster innovation while minimizing business risks.

Opkey Recent Developments

In today's fast-paced digital landscape, enterprises require robust and efficient test automation solutions to keep pace with rapidly evolving technologies. Opkey, a provider of codeless continuous test automation platforms, has emerged as a key player in the industry. With a focus on pre-built test accelerators and strategic partnerships, Opkey is empowering enterprises to achieve seamless testing across diverse applications.

Opkey has been making significant strides in the test automation space. Over the past year, the company has been diligently building the industry's largest pre-built test accelerators, covering a wide range of applications such as Oracle, Salesforce, SAP, Workday, TrackWise, and Veeva. Furthermore, Opkey has launched a revolutionary new user interface, designed to simplify test automation for individuals across organizations, irrespective of their technical expertise.

Opkey Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Opkey 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 Opkey 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 Opkey customers.

Opkey Key Enterprise and Cloud Applications

Opkey

Opkey Revenues, $M:

Type/Year20222023YoY 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.

Opkey Revenue Breakdown By Type, $M:

TypeLicenseServicesHardwareS&MSaaSPaaSIaaSOtherTotal
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe 100%
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe

Opkey Revenues By Region, $M

Region% of Total Revenues2023 Total Revenues, $M2023 Enterprise Applications Revenues, $M2023 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

Opkey Direct vs Indirect sales

RegionDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Opkey Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Opkey Customers


No. of Opkey Customers: 250

No. of Opkey Enterprise Applications Customers: 250

No. of Opkey Cloud Customers: x

No. of Opkey Cloud Subscribers: x


Opkey's customer base includes more than 250 enterprises worldwide. Some notable customers leveraging Opkey's test automation platform include Air Canada, Amadeus, CSL, Conduent, GAP, Fiserv, Honeywell, Lilly, Knoll, MassMutual, McDonalds, NCR, Nokia, Accenture, Philips, Blue Shield, Sony, and Lamborghini. These organizations trust Opkey to resolve their unique testing challenges and ensure business continuity.

Opkey Market Opportunities, M&A and Geo Expansions

Opkey operates in a market with significant opportunities for growth. The increasing demand for comprehensive test automation solutions, driven by digital transformation initiatives, presents horizontal and vertical market opportunities for the company. Opkey's expertise in major ERPs and its ability to support a wide range of applications positions it well to capitalize on these opportunities.

Furthermore, expansion into new regions can provide Opkey with an expanded customer base and increased market presence. By leveraging its pre-built test accelerators and strategic partnerships, Opkey can target organizations across industries and geographies, enabling them to innovate faster and reduce business risks.

Opkey Risks and Challenges

As a relatively newer player in the market, Opkey may face certain risks. The lack of extensive in-market experience compared to some of its competitors could pose challenges in terms of brand recognition and customer trust. Additionally, navigating go-to-market challenges and effectively differentiating itself in a crowded market may require strategic marketing and positioning efforts.

External risks such as increased competition and potential disruptions in the IT landscape can also impact Opkey's growth trajectory. However, by leveraging its strengths and actively addressing these risks, Opkey can mitigate their impact and continue to thrive.

Opkey Ecosystem, Partners, Resellers and SI

Opkey recognizes the importance of strategic partnerships and ecosystem collaborations to enhance its offering and market reach. In 2022, the company entered into key partnerships with major system integrators, including KPMG and Fujitsu, enabling Opkey to bring its pre-built test accelerators and test automation capabilities to global clients across various applications and industries. Opkey has also formed partnerships with smaller, focused system integrators such as Trinamix and Frontera, bolstering its presence in the Oracle ecosystem. By leveraging these technology integrations and ecosystem partnerships, Opkey enhances its market position, expands its customer base, and benefits from the network effects of system integrators and value-added resellers.

Opkey Cloud Infrastructure Insights

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  • Opkey Public Cloud and Infrastructure (IaaS)
  • Opkey Platform (PaaS)
  • Opkey Application Delivery
  • Opkey 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:

https://www.appsruntheworld.com/About Us
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https://www.appsruntheworld.com/FAQ



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