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

1240 Quantrix

Quantrix Strengths, Domain Expertise, and Key Differentiators

Quantrix, an independent business unit of IDBS, operates with a specialized team of 75 employees worldwide, delivering advanced business modeling and analytics (BMA) solutions. Their platform empowers organizations to create accurate, secure, and dynamic forecasting, budgeting, planning, and risk models. Quantrix Modeler, a powerful multidimensional planning tool, allows finance professionals to break free from spreadsheet limitations and rigid enterprise BI systems, enabling greater flexibility, integrity, and transparency in financial modeling.

Quantrix Recent Developments

In April 2024, Quantrix launched Version 24.1 of Modeler, Qloud, and Enterprise Qloud, introducing key enhancements aimed at improving user experience, efficiency, and data management. The update supports a modernized UI/UX, streamlining workflows for financial modeling and business analytics. Notable upgrades include a simplified process for modifying Salesforce Data Import URLs, enhanced boolean cell toggling in both Modeler and Qloud for faster data manipulation, and improved log handling for Qloud Admins to optimize data monitoring. With these refinements, Quantrix continues to strengthen its platform, offering more intuitive and effective solutions for enterprise planning and decision-making.

In December 2023, Quadrillion Partners showcased their data-driven digital transformation strategy at the Dimension 2023 conference, with Founder & CEO George Stelling highlighting how Quantrix's Modeler and Qloud solutions have elevated their business operations. By leveraging advanced modeling and cloud-based analytics, Quadrillion Partners has optimized decision-making and enhanced business agility, demonstrating the power of Quantrix in driving scalable and intelligent growth.

Quantrix Customers in ARTW Customer Database

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

Quantrix Overview

2 Cotton Street, 3rd Floor

Portland, ME, 4101, United States

1 207-775-0808

https://www.quantrix.com/


Ownership: - x

Number of Employees: 75

Functional Markets: EPM,

Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction and Real Estate, CPG, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil Gas Chemicals, Professional Services, Retail, Transportation, Utility,

Quantrix Key Enterprise and Cloud Applications

Quantrix Enterprise Qloud

Quantrix Revenues, $M:

Type/Year20232024YoY 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.

Quantrix 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

Quantrix Revenues By Region, $M

Region% of Total Revenues2024 Total Revenues, $M2024 Enterprise Applications Revenues, $M2024 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

Quantrix Direct vs Indirect sales

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

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

List of Verified Quantrix Customers


No. of Quantrix Customers: 1200

No. of Quantrix Enterprise Applications Customers: 1200

No. of Quantrix Cloud Customers: 200

No. of Quantrix Cloud Subscribers: 50000


With a global presence in over 55 countries, Quantrix supports 1,200+ customers and over 50,000 users, ranging from multinational enterprises to individual professionals. Its versatile business modeling solutions drive strategic decision-making across industries, with notable clients like RAG Austria Energy, Daktari Diagnostics, and John Deere showcasing the platform’s impact in optimizing financial planning, forecasting, and analytics.

Quantrix Market Opportunities, M&A and Geo Expansions

In the coming years, Quantrix is poised for significant growth, leveraging its expanding team, innovative product advancements, and strengthened market presence. With strategic investments in Sales and Engineering, the company is well-positioned to enhance its business modeling and analytics solutions, driving deeper customer engagement and adoption. Its commitment to continuous innovation, combined with successful industry events and compelling content, presents opportunities to capture new markets, expand its global footprint, and solidify its leadership in financial planning and predictive analytics.

Quantrix Risks and Challenges

In the coming years, Quantrix faces potential risks associated with its heavy reliance on international distribution partners for market expansion. While these partnerships enable global reach, they also introduce challenges in maintaining consistent brand positioning, customer experience, and sales performance across diverse regions. Dependence on third-party entities could lead to fluctuations in market penetration, potential misalignment with evolving customer needs, and risks in navigating regulatory and economic shifts in key territories. To sustain growth and mitigate these challenges, Quantrix must strategically reinforce its direct sales efforts, optimize partner relationships, and adapt to changing market dynamics.

Quantrix Ecosystem, Partners, Resellers and SI

Quantrix leverages a strong global partner network to enhance its market reach, delivering localized solutions and dedicated support to customers across 50+ countries. Key strategic partners—including Take5People Limited, Planning Models Ltd, Business Pro, Century Software, Tesser Consulting Group, Essla International, Ingegna Finanza, MISNet, Civitium, Indigo New Zealand, Ingemax, Power Market Consulting, Inc., and Celsoft Corporation—play a crucial role in expanding Quantrix’s presence. By collaborating with industry-leading firms, Quantrix ensures seamless implementation, region-specific expertise, and tailored business modeling solutions that drive value for organizations worldwide.

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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