RedTeam Software, LLC Strengths, Domain Expertise, and Key Differentiators
RedTeam Software offers a cloud-based solution for construction projects and accounting management. With intuitive social design interface and real-time updates, RedTeam enables construction and accounting teams to collaborate effectively online at all stages of a project, from business development and pre-construction to closeout.
The integration with QuickBooks Online brings it substantial benefits, including an introduction to 4 million+ QuickBooks Online companies and abundant resources geared to helping apps succeed.
RedTeam Software, LLC Recent Developments
RedTeam Software recently introduced automatic drawing hyperlinks in their RedTeam Flex and Fieldlens solutions. This enhancement aims to streamline the drawing management process, granting easier access to project data and minimizing errors for construction project teams. With this feature, project members, both on-site and in-office, gain swift access to interconnected project details directly from drawings, saving time and reducing the likelihood of oversight.
RedTeam Software, LLC Mergers and Acquisitions (M&A) Activities
In 2022 RedTeam acquired Paskr, a cloud-based construction management solution, solidifying its commitment to offering comprehensive technology suites for contractors of all sizes. This acquisition complements RedTeam's focus on mid-size to enterprise-level firms, enhancing efficiency and productivity for smaller contractors. RedTeam's complete cloud-based solution enables collaboration across project stages, while Paskr specializes in streamlining processes and minimizing risk for small to mid-size firms.
In December 2020, RedTeam acquired the Fieldlens mobile field management software application for the construction industry. Fieldlens is a mobile plan markup tool that allows construction professionals to document conversations, punch list items, project updates and more using photos and video and pin those directly to project plans – right from the field. It provides visibility and communication throughout the entire project chain, from subcontractors all the way up to building owners
RedTeam Software, LLC Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying RedTeam Software, LLC 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 RedTeam Software, LLC 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 RedTeam Project Management, Fieldlen, RedTeam GO, RedTeam Flex. customers.
RedTeam Software, LLC Overview
8623 Commodity Circle
Orlando, FL, 32819, United States
1 866-432-2021
https://www.redteam.com/
Ownership: - x
Number of Employees: 150
Functional Markets: Analytics and BI, Collaboration, CRM, ERP Financial, ERP Services and Operations, PPM,
Key Verticals: Construction,
RedTeam Software, LLC Key Enterprise and Cloud Applications
RedTeam Project Management, Fieldlen, RedTeam GO, RedTeam Flex.
RedTeam Software, LLC 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.
RedTeam Software, LLC Revenue Breakdown By Type, $M:
RedTeam Software, LLC Enterprise Applications Revenues By Functional Markets, $M:
RedTeam Software, LLC Enterprise Applications Revenues By Verticals, $M:
RedTeam Software, LLC 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 |
RedTeam Software, LLC Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
RedTeam Software, LLC Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified RedTeam Software, LLC Customers
No. of RedTeam Software, LLC Customers: 200
No. of RedTeam Software, LLC Enterprise Applications Customers: 200
No. of RedTeam Software, LLC Cloud Customers: 200
No. of RedTeam Software, LLC Cloud Subscribers: 800000
RedTeam currently serves 200 contractors nationally. Some of them are: 38North Construction Group, EnviroStruct, LLC, Journey C+D Group, Chinburg Properties, RB Marks Construction, and many more.
RedTeam Software, LLC Market Opportunities, M&A and Geo Expansions
RedTeam Software announced two integration partnerships. Collaboration with Acumatica, a cloud ERP company, showcasing RedTeam Flex's integration with Acumatica's platform to facilitate streamlined construction and accounting workflows. This integration empowers construction teams with real-time access to critical financial and field information, fostering data-driven decision-making and operational efficiency throughout projects. RedTeam's integration partnership with Sage Intacct, a leading accounting solution provider. This partnership enhances efficiency and results for commercial general contractors by integrating RedTeam's robust construction management software with Sage Intacct's cloud-based accounting, payroll, and payment systems.
RedTeam Software recently completed its senior leadership team with strategic hires: Patrick Brien as Vice President of Sales, Betsie Hoyt as Vice President of Product Development, and Kristine Sheikh as Vice President of Marketing. These experienced leaders aim to drive the company's growth and reinforce RedTeam's commitment to providing innovative software solutions for construction professionals.
RedTeam Software, LLC Risks and Challenges
Expanding beyond the USA market is a challenge.
RedTeam Software, LLC Ecosystem, Partners, Resellers and SI
RedTeam introduced a direct integration with Autodesk BIM 360, construction management software. RedTeam is also integrated with PlanGrid, which was acquired by Autodesk. Additionally, RedTeam seamlessly integrates with Sage, DocuSign, PlanGrid among others.
RedTeam Software, LLC Cloud Infrastructure Insights
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- RedTeam Software, LLC Public Cloud and Infrastructure (IaaS)
- RedTeam Software, LLC Platform (PaaS)
- RedTeam Software, LLC Application Delivery
- RedTeam Software, LLC 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).
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