SoftOne Group Strengths, Domain Expertise, and Key Differentiators
SoftOne specializes in providing ERP and HR software solutions tailored specifically for Nordic countries, with a core focus on industries such as electrical engineering, plumbing, construction, and trade. Its diverse clientele encompasses prestigious establishments including hotels, restaurants, accounting firms, and enterprises engaged in manufacturing and service production.
At the forefront of SoftOne's offerings is their flagship product, SoftOne GO Cloud Services, which seamlessly integrates sales and finance modules, along with comprehensive features for project accounting, logistics, HR, and salary management. Renowned for its unmatched capabilities and user-centric design, SoftOne GO Cloud Services has garnered acclaim as the leading total solution among cloud-based services for small and medium-sized enterprises operating within the Nordic market.
SoftOne Group Recent Developments
In February 2024, SoftOne strengthened its strategic focus on its Business Systems segment—encompassing Sales, Finance, Logistics, and Project Accounting—by launching a wholly owned subsidiary, SoftOne Affarssystem AB.
Previously housed within SoftOne Sverige AB, the Business Systems division now operates as an independent entity, enabling a more targeted approach to existing customers, partners, and new market opportunities. This restructuring is expected to drive greater operational efficiency and enhance the company's ability to scale its Business Systems offerings.
SoftOne Group Mergers and Acquisitions (M&A) Activities
In October 2024, SoftOne increased its ownership in XOft Technologies by acquiring the remaining 50% of shares, bringing its total stake to 100%. Following this acquisition, the company will rebrand as SoftOne Private Limited.
In January 2024, SoftOne took a strategic step to strengthen its presence in the Finnish Workforce Management (WFM) market by acquiring 100% of the share capital of Solotes Finland Oy.
Solotes Finland Oy is a specialized WFM solutions provider with an established customer base in the service and retail sectors, serving clients such as McDonald's, K-Citymarket, St1, and Shell stations. As part of the acquisition, all WFM experts and developers from Solotes Finland Oy will integrate into SoftOne Oy, enhancing the company's capabilities in workforce management solutions.
SoftOne Group Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying SoftOne Group 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 SoftOne Group 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 SoftOne GO customers.
SoftOne Group Overview
Klara Strand, House F Kungsbron 21
Stockholm, x, 101 31, Sweden
46 7 7155-6900
Ownership: - x
Number of Employees: 70
Functional Markets: ERP Financial, HCM, PPM, SCM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction and Real Estate, CPG, Distribution, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Oil Gas Chemicals, Professional Services, Retail, Transportation, Utility,
SoftOne Group Key Enterprise and Cloud Applications
SoftOne GO
SoftOne Group Revenues, $M:
| Type/Year | 2023 | 2024 | 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.
SoftOne Group Revenue Breakdown By Type, $M:
SoftOne Group Enterprise Applications Revenues By Functional Markets, $M:
SoftOne Group Enterprise Applications Revenues By Verticals, $M:
SoftOne Group Revenues By Region, $M
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
SoftOne Group Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
SoftOne Group Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified SoftOne Group Customers
No. of SoftOne Group Customers: 2600
No. of SoftOne Group Enterprise Applications Customers: 2600
No. of SoftOne Group Cloud Customers: 2600
No. of SoftOne Group Cloud Subscribers: x
SoftOne GO, an innovative cloud-based business system, has been meticulously crafted to cater to the diverse demands of numerous industries. Among its extensive clientele of 2,600 esteemed companies, notable names include Nike, Coop, Instalco, Lush Freshmade Cosmetics, Lekia, Elkedjan, Vastervik Resort, Tele2, MatHem, Fitness 24Seven, and several others. This impressive roster of high-profile customers attests to the platform's efficacy and adaptability in meeting the distinct requirements of businesses across various sectors.
SoftOne Group Market Opportunities, M&A and Geo Expansions
In August 2024, SoftOne Group appointed Rasmus Staberg as the new Group Chief Technology Officer (CTO) as part of its efforts to strengthen its Development Team. In his new role, Staberg will oversee and lead the Development Teams across Stockholm, Söderhamn, Helsinki, and Colombo, driving innovation and technological advancement within the organization.
SoftOne GO 2.1 was successfully launched, introducing a host of innovative features that have opened new avenues for users of the platform. This latest iteration, SoftOne GO 2.1, represents a strategic continuation of SoftOne's unwavering commitment to elevating the customer experience and augmenting the business system's ecosystem to new heights.
SoftOne Group Risks and Challenges
The ongoing global crisis could pose challenges to SoftOne's growth plans. Economic uncertainties, supply chain disruptions, and changing customer priorities may impact their customer acquisition and retention efforts.
SoftOne Group Ecosystem, Partners, Resellers and SI
SoftOne operates through a direct sales approach while also forging strategic partnerships through framework agreements and extensive collaborations with various prominent players in the market. Notable among its esteemed partners are ICA Sweden, Elkedjan, Axfood, Prokab Ekonomikonsulter, Ekonomgruppen, Zwapgrid, PaperLess, InExchange, FDT, Kofax, TimeTerminal, and Data Professional. These valuable alliances enable SoftOne to broaden its market reach and strengthen its ecosystem, facilitating the delivery of comprehensive and innovative solutions to a diverse clientele.
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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