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

1041 ProcessMaker

ProcessMaker Strengths, Domain Expertise, and Key Differentiators

ProcessMaker is specializing primarily in developing and marketing enterprise business process management (BPM) software. The company also provides customer support, training, and professional services to larger enterprise customers that require highly customized solutions. The company’s flagship Low-Code BPM product is known for its ease of use and ability for deep customization.

ProcessMaker Recent Developments

ProcessMaker's strategic acquisition of Doculayer signifies a pivotal moment in the digital transformation landscape.ProcessMaker not only stays ahead of industry trends but sets a new standard for organizations aspiring to thrive in the era of digital excellence. The synergy between these cutting-edge technologies not only streamlines operations but also lays the foundation for a future where data is not just processed but intelligently utilized to drive unprecedented business outcomes.

In 2020 ProcessMaker unveiled its largest major platform release yet. Their new platform is a low-code intelligent business process management system (iBPMs) that empowers citizen developers and IT to build workflows that solve complex problems with minimal technical effort. iBPMs represent the next evolution of workflow and business process management so ProcessMaker is strategically aligning itself to compete in a BPM market that is increasingly focusing on its ability to enhance workflows by connecting to multiple third-party systems, adding further intelligence and automation to processes. The company’s new platform is available as an open-source product on GitHub although ProcessMaker does offer an enterprise flavor of their platform where enterprise functionality is deployed on top of their core solution.

ProcessMaker Customers in ARTW Customer Database

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

ProcessMaker Overview

212 West Main Street, Suite 201

Durham, NC, 27701, United States

1 919-289-1377

https://www.processmaker.com/


Ownership: - x

Number of Employees: 250

Functional Markets: Analytics and BI, Content Management,

Key Verticals: Banking and Financial Services, Communications, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services,

ProcessMaker Key Enterprise and Cloud Applications

ProcessMaker BPM

ProcessMaker 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.

ProcessMaker 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

ProcessMaker 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

ProcessMaker Direct vs Indirect sales

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

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

List of Verified ProcessMaker Customers


No. of ProcessMaker Customers: 350

No. of ProcessMaker Enterprise Applications Customers: x

No. of ProcessMaker Cloud Customers: x

No. of ProcessMaker Cloud Subscribers: 3000000


Among its customers are Adecco Colombia, Access Bank, P2 Energy, Valeo, Tulsa Community College, Telefonica, California Resources Corporation, Maury, Donelly & Parr, Inc., Co-Operative Band of Kenya, Invex Banco, StoneGate Senior Living, United Bank of Africa, Banregio, GTBank, Global Environmental Solutions, Inc., Renaissance Construction, Peruvian Ministry of Housing, Adecco Group, Lenovo, Marinter and many others.

ProcessMaker Market Opportunities, M&A and Geo Expansions

ProcessMaker's AI-driven innovations have far-reaching implications for the IT industry. As organizations navigate the complexities of the digital era, embracing these advancements is not just an option but a necessity. The opportunities presented by ProcessMaker's revolutionary approach to automation, coupled with the integration of Cloud, IoT, AI, and ML technologies, position businesses on the cusp of a new era of operational excellence and efficiency.

In February 2021 ProcessMaker has closed $45 million in Series A funding from Aldrich Capital Partners. The financing marks the first outside investment for the previously bootstrapped Durham-based technology company.

“This investment and partnership with Aldrich Capital mark a significant milestone for ProcessMaker, and I am very proud and excited for our team. Moving forward with Brian’s continued leadership combined with the experience and resources of ACP, our growth prospects could not be brighter,” said ProcessMaker co-founder Bobby Vernon.

The global process automation market is expected to reach nearly $17 billion by 2023 with a CAGR of 5.8% according to a recent report. The investment from Aldrich Capital will allow ProcessMaker to continue to invest in its market-leading digital process automation platform and build out its presence in community banking, higher education, and manufacturing.

ProcessMaker Risks and Challenges

In 2023, ProcessMaker appointed Jeff Lortz as the new CEO of the company. ProcessMaker embarks on this transformative journey under Jeff Lortz's leadership, the amalgamation of visionary guidance, strategic acumen, and a commitment to client success sets the stage for a remarkable evolution.

It would be challenging to align the corporate strategy and goals in different offices worldwide.

ProcessMaker Ecosystem, Partners, Resellers and SI

In August 2021 ProcessMaker and Gnosis, a consulting and analytics firm based in Cyprus, announced a partnership to take Process Maker’s leading digital process automation platform to the Greece, Cyprus, and South European markets. This partnership will develop resources and skills localized in the region, addressing the growing number of requirements surging as an outcome of the momentum generated by investments from the public and private sectors.

In April 2021 ProcessMaker and Auty, a consulting firm based in Costa Rica formed a partnership to take ProcessMaker’s leading digital process automation platform to the Costa Rican and Central American markets. This partnership will develop resources and skills localized in the region, addressing the growing number of requirements surging as an outcome of the momentum generated by investments from the public and private sectors.

ProcessMaker Cloud Infrastructure Insights

Subscribe to read more about:

  • ProcessMaker Public Cloud and Infrastructure (IaaS)
  • ProcessMaker Platform (PaaS)
  • ProcessMaker Application Delivery
  • ProcessMaker 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
https://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ



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