Raken Strengths, Domain Expertise, and Key Differentiators
Raken's key differentiators lie in its mobile-first technology tailored for construction workflows, offering a digital toolbox that seamlessly connects field and office operations. The platform's comprehensive features such as daily reports, time cards, photo management, and toolbox talks showcase Raken's expertise in catering to construction industry needs.
Raken Recent Developments
Raken has continually evolved its construction-centric platform, introducing features like Checklists, Production Tracking, and Equipment Management to streamline field operations, ensuring compliance, safety, and enhanced productivity. Despite not explicitly stating revenue growth or profit data, these developments suggest a commitment to improving construction workflows and boosting efficiency for their users.
Raken Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Raken 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 Raken 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 Raken customers.
Raken Overview
703 Palomar Airport Rd. Suite 300
Carlsbad, CA, 92011, United States
1 866-438-0646
https://www.rakenapp.com/
Ownership: - x
Number of Employees: 120
Functional Markets: ERP Services and Operations, HCM, PPM,
Key Verticals: Construction,
Raken Key Enterprise and Cloud Applications
Raken
Raken 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.
Raken Revenue Breakdown By Type, $M:
Raken Enterprise Applications Revenues By Functional Markets, $M:
Raken Enterprise Applications Revenues By Verticals, $M:
Raken 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 |
Raken Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Raken Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Raken Customers
No. of Raken Customers: 4300
No. of Raken Enterprise Applications Customers: 4300
No. of Raken Cloud Customers: 4300
No. of Raken Cloud Subscribers: 40000
With nearly 4,300 clients across all 50 states and 92 countries, Raken's platform is extensively utilized across various construction projects. The company's customer breakdown spans renowned entities like Opus Mechanical, Maurice Agrillo General Contractors, and Sundt Construction, highlighting a diverse customer base and a robust presence across multiple regions.
Raken Market Opportunities, M&A and Geo Expansions
Raken's continuous innovation, seen through feature enhancements and leadership team expansions, presents opportunities to delve into new workflows, embrace emerging technologies, and diversify their product offerings. Embracing Cloud, IoT, AI, and ML technologies could further optimize their solutions and drive operational efficiency for construction projects.
Raken Risks and Challenges
In a rapidly evolving construction technology landscape, Raken faces challenges of market competition and volatility as numerous players introduce similar solutions. Overcoming resistance to technology adoption within the industry, keeping pace with technological advancements, and managing operational risks are crucial for Raken's sustained growth.
Raken Ecosystem, Partners, Resellers and SI
Raken's network spans a wide range of industry partners, including Pype, Stack Construction Technology, and various construction-focused associations, indicating robust ecosystem partnerships. These collaborations likely contribute to the platform's integrations and enhancements, catering to diverse construction industry needs through value-added services and integrations with complementary solutions.
Raken Cloud Infrastructure Insights
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- Raken Public Cloud and Infrastructure (IaaS)
- Raken Platform (PaaS)
- Raken Application Delivery
- Raken 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 Ushttps://www.appsruntheworld.com/taxonomy
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