Reynolds and Reynolds Strengths, Domain Expertise, and Key Differentiators
Reynolds and Reynolds' strengths lie in its legacy of innovation, deep domain expertise, and robust product portfolio. Specializing in ERP applications for automotive retailers across the U.S., Canada, U.K., and Europe, the company offers integrated solutions that automate dealership operations comprehensively. Its acquisition of ReverseRisk in February 2016 further fortified its analytics capabilities, enabling dealers to gain critical insights into performance metrics.
Reynolds and Reynolds Recent Developments
Reynolds and Reynolds, a stalwart in automotive dealership management solutions, has continued to make waves in the industry, with its latest offering, FOCUS, marking a significant stride in customer relationship management. Rolled out in February 2020, FOCUS integrates mobile functionality with a dealership-wide CRM system, aligning with the evolving priorities of dealership personnel. This development underscores the company's commitment to efficiency, convenience, and accessibility in dealership operations.
Revenue growth remains robust for Reynolds and Reynolds, buoyed by strategic acquisitions and innovations. The company's acquisition of Gubagoo in June 2021, followed by the procurement of GoMoto in February 2020, bolstered its digital retailing capabilities and expanded its product portfolio. These moves have not only enhanced revenue streams but also reinforced Reynolds and Reynolds' position as a leader in automotive retail technology.
Reynolds and Reynolds Mergers and Acquisitions (M&A) Activities
Reynolds and Reynolds' proactive approach to mergers and acquisitions has been instrumental in its market expansion. The acquisition of Gubagoo and GoMoto exemplifies the company's strategic vision to capitalize on emerging trends in digital commerce and service lane technology. Such investments underscore Reynolds and Reynolds' commitment to staying ahead in an increasingly competitive landscape.
Reynolds and Reynolds Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Reynolds and Reynolds 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 Reynolds and Reynolds 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 ERA-IGNITE, Power, Reynolds Retail Management System, ReySource, docuPAD system customers.
Reynolds and Reynolds Overview
1 Reynolds Way
Dayton, OH, 45430, United States
1 937-607-8045
https://www.reyrey.com/
Ownership: - x
Number of Employees: 4300
Functional Markets: Analytics and BI, Collaboration, Content Management, CRM, eCommerce, ERP Financial, ERP Services and Operations, HCM, PPM, Procurement, SPM,
Key Verticals: Automotive,
Reynolds and Reynolds Key Enterprise and Cloud Applications
ERA-IGNITE, Power, Reynolds Retail Management System, ReySource, docuPAD system
Reynolds and Reynolds 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.
Reynolds and Reynolds Revenue Breakdown By Type, $M:
Reynolds and Reynolds Enterprise Applications Revenues By Functional Markets, $M:
Reynolds and Reynolds Enterprise Applications Revenues By Verticals, $M:
Reynolds and Reynolds Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
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| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Reynolds and Reynolds Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
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| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Reynolds and Reynolds Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Reynolds and Reynolds Customers
No. of Reynolds and Reynolds Customers: 20000
No. of Reynolds and Reynolds Enterprise Applications Customers: 20000
No. of Reynolds and Reynolds Cloud Customers: x
No. of Reynolds and Reynolds Cloud Subscribers: 2000000
With over 90 years of industry experience, Reynolds and Reynolds boasts a diverse customer base spanning prominent automotive retailers worldwide. Notable customers include Steve Moore Chevrolet, Tom Wood Volkswagen, and Mercedes-Benz USA, among others. The company's solutions are instrumental in helping dealerships operate more efficiently, build stronger customer relationships, and drive profitability.
Reynolds and Reynolds Market Opportunities, M&A and Geo Expansions
The automotive retail landscape presents ample opportunities for Reynolds and Reynolds to expand its footprint. With the rise of digital transformation, coupled with the proliferation of Cloud, IoT, AI, and ML technologies, the company is well-positioned to capitalize on market shifts. Expanding into new regions and embracing emerging technologies will be pivotal in unlocking growth avenues and staying ahead of the curve.
Reynolds and Reynolds Risks and Challenges
While Reynolds and Reynolds enjoy a strong market position, it is not immune to risks and challenges. External factors such as unfavorable publicity stemming from legal issues involving former executives could tarnish the company's reputation. Additionally, the retrenchment of competitors like Cox Automotive necessitates vigilance and agility in navigating market dynamics.
Reynolds and Reynolds Ecosystem, Partners, Resellers and SI
Reynolds and Reynolds' ecosystem thrives on strategic partnerships and technology integrations that enhance its value proposition. Collaborations with industry players and system integrators contribute to the seamless delivery of solutions tailored to dealers' needs. The company's recent partnership with FIS as its Exclusive Integrated Payment Processing Partner underscores its commitment to innovation and customer-centricity.
Reynolds and Reynolds Cloud Infrastructure Insights
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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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