RealNex Strengths, Domain Expertise, and Key Differentiators
RealNex boasts several key strengths that differentiate it in the competitive CRE tech landscape. Its domain expertise is unrivaled, enabling the company to deliver tailored solutions that address the specific needs of CRE professionals. The RealNex Suite, comprised of CORE, MarketEdge, and the marketPlace, provides an end-to-end solution that covers the entire deal cycle.
RealNex Recent Developments
The pivotal hire of Perry Rohan as Vice President of Sales in February 2019 marked the beginning of an era of aggressive growth strategies. This move, combined with an integrated end-to-end solution, has not only strengthened RealNex's sales and marketing efforts but has also reflected in impressive revenue growth and profit figures. The company's success in capturing market share and delivering value is clearly evident in its financial performance.
RealNex Mergers and Acquisitions (M&A) Activities
In September 2014, RealNex acquired Atlanta-based real estate startup Ten Eight, expanding its portfolio and market presence. While no further M&A activities or funding announcements have been made recently, RealNex's strategic partnerships and continuous product enhancements demonstrate its commitment to innovation.
RealNex Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying RealNex 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 RealNex 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 RealNex Suite, RealNex NavigatorPRO customers.
RealNex Overview
504 Murphy Road Suite L
Stafford, TX, 77477, United States
1 281-299-3161
https://www.realnex.com/
Ownership: - Pavonis Group, LLC
Number of Employees: 50
Functional Markets: CRM, ERP Services and Operations,
Key Verticals: Banking and Financial Services, Real Estate, Professional Services,
RealNex Key Enterprise and Cloud Applications
RealNex Suite, RealNex NavigatorPRO
RealNex 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.
RealNex Revenue Breakdown By Type, $M:
RealNex Enterprise Applications Revenues By Functional Markets, $M:
RealNex Enterprise Applications Revenues By Verticals, $M:
RealNex 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 |
RealNex Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
RealNex Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified RealNex Customers
No. of RealNex Customers: 120
No. of RealNex Enterprise Applications Customers: 120
No. of RealNex Cloud Customers: 120
No. of RealNex Cloud Subscribers: 180000
RealNex has garnered a robust customer base comprising industry giants such as CBRE, Colliers International, JLL, Cushman & Wakefield, Newmark Knight Frank, Corfac, Lee & Associates, TCN Worldwide, Cresa, CCIM, Century 21, Sperry Commercial, Marcus & Millichap, Remax Commercial, Keller Williams, SVN, Coldwell Banker Commercial and many others.
The company's ability to win reference customers attests to the value it delivers and the trust it has earned in the market. With a global presence, RealNex serves customers across different regions, solidifying its position as a leading CRE tech provider.
RealNex Market Opportunities, M&A and Geo Expansions
In September 2019, Kandio forged an exclusive partnership with TalentLyft with the aim of streamlining the recruitment process. While TalentLyft primarily concentrates on talent acquisition and the identification of suitable candidates, their system does not include a skills assessment component. In response, Kandio brings its specialized assessment tests to the table, integrating them seamlessly into TalentLyft's applicant tracking system. This collaborative effort combines TalentLyft's expertise in curating top candidates with Kandio's proficiency in evaluating candidates based on their skillsets, providing organizations with a comprehensive solution for efficient and effective talent acquisition.
RealNex Risks and Challenges
Like any business, RealNex faces both internal and external risks. Internal risks include maintaining a strong go-to-market strategy to remain competitive and sustain growth. The rapidly evolving technology landscape poses an external risk, as RealNex must continually adapt its solutions to keep pace with industry trends and customer demands. Additionally, competition from other CRE tech providers presents a challenge that RealNex must navigate to secure its market position.
RealNex Ecosystem, Partners, Resellers and SI
RealNex's ecosystem is strengthened through strategic alliances and integrations. The partnership with Otso, offering an innovative tenant lease surety bond product, showcases a commitment to exploring new avenues. The collaboration with Pix for 3D Virtual Reality property listings and the Strategic Alliance with Otso underline RealNex's dedication to creating a comprehensive ecosystem that benefits both users and the industry at large.
In conclusion, RealNex's recent developments, strategic initiatives, and commitment to innovation position it as a trailblazer in the commercial real estate technology landscape. As the company continues to leverage advanced technologies and expand its ecosystem, it remains a key player driving the future of the industry.
RealNex Cloud Infrastructure Insights
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- RealNex Public Cloud and Infrastructure (IaaS)
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- RealNex Application Delivery
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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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