Stratsys Strengths, Domain Expertise, and Key Differentiators
Stratsys has a diverse and comprehensive product portfolio, with over twenty different products designed to address various aspects of strategic planning and management. This wide range of offerings allows organizations to tailor their solutions to specific needs and challenges, providing a versatile and scalable approach to strategic management. Stratsys positions itself as a provider of work-life simplicity for organizations. This suggests a focus on user-friendly interfaces, intuitive workflows, and streamlined processes within their solutions.Stratsys has introduced free DO-apps DO Board and Meetings since June 2020, and they are included with each product. This strategy of bundling additional applications for free can be a strong differentiator, providing added value to customers.These strengths highlight Stratsys' commitment to providing a comprehensive and user-friendly solution for strategic planning and management, supported by a diverse product portfolio and the inclusion of additional free applications to enhance the overall user experience.
Stratsys Recent Developments
Stratsys has recently opened a new office in Oslo, Norway, as part of its expansion strategy. The expansion is the result of a partnership with the investment company Verdane. The collaboration with Verdane is aimed at strengthening Stratsys' presence in the Norwegian market. Verdane, as an investment company, supports ambitious software companies in northern Europe to facilitate their growth. Stratsys aims to support Norwegian customers in simplifying their working lives through its SaaS products.
Stratsys Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Stratsys 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 Stratsys 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 Stratsys GRC Platform customers.
Stratsys Overview
Ostra Hamngatan 52
Gothenburg, x, 411 08, Sweden
46 31 773 05 40
https://www.stratsys.com/
Ownership: - x
Number of Employees: 190
Functional Markets: Collaboration, PPM, TRM,
Key Verticals: Banking and Financial Services, Construction, Real Estate, Federal Government, State and Local Government, Public Safety, Healthcare, Life Sciences, Manufacturing, Faith-Based Nonprofit, Transportation, Utilities,
Stratsys Key Enterprise and Cloud Applications
Stratsys GRC Platform
Stratsys Revenues, $M:
Type/Year | 2022 | 2023 | YoY Growth, % |
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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.
Stratsys Revenue Breakdown By Type, $M:
Stratsys Enterprise Applications Revenues By Functional Markets, $M:
Stratsys Enterprise Applications Revenues By Verticals, $M:
Stratsys 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 |
Stratsys Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
Stratsys Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Stratsys Customers
No. of Stratsys Customers: 500
No. of Stratsys Enterprise Applications Customers: 500
No. of Stratsys Cloud Customers: 500
No. of Stratsys Cloud Subscribers: 227400
Stratsys boasts a diverse and expansive clientele, with a global presence that spans 102 countries across six continents. Serving over 500 organizations and catering to a staggering 227,400 users, Stratsys has positioned itself as a trusted partner for a wide array of businesses and institutions. Notable among its esteemed clientele are prominent entities such as Stena AB, Pulsen Production AB, Stim, United Nations Association of Sweden, Forum Syd, Raoul Wallenbergskolan, Aleris, SAAB, Peab, Bonnier, City of Stockholm, and Region Västra Götaland. The impressive roster of clients underscores Stratsys' versatility and effectiveness in providing strategic solutions tailored to meet the diverse needs of its customers, ranging from corporate entities to educational institutions and governmental organizations.
Stratsys Market Opportunities, M&A and Geo Expansions
Stratsys, backed by the minority investment from Northern European investor Verdane, is poised for strategic growth in the Nordic region. With Verdane's extensive experience gleaned from over 40 investments in software companies, Stratsys is well-positioned to enhance its go-to-market model. The collaboration aims to propel Stratsys to new heights by not only expanding its reach in the Nordics but also fostering growth across both public and private sectors. Verdane's support aligns with Stratsys' mission to facilitate the digitalization of governance and strategic management for its customers. This partnership underscores the commitment to innovation and excellence as Stratsys endeavors to provide cutting-edge solutions in the evolving landscape of organizational management.
Stratsys Risks and Challenges
Stratsys with a presence in over 100 countries presents a unique set of challenges for the company's customers. These clients must contend with the intricacies of adjusting their developmental processes to accommodate diverse time zones, language barriers, and considerable geographical distances. Effectively keeping all offices abreast of crucial company information, updates, and upgrades demands a strategic approach that addresses the complexities of international operations. Stratsys customers, dispersed across the globe, exemplify the need for robust communication and coordination mechanisms to ensure seamless integration and alignment with the company's evolving initiatives.
Stratsys Ecosystem, Partners, Resellers and SI
Stratsys boasts a diverse and influential clientele, strengthened through strategic partnerships with both referral and integration collaborators. These partnerships have been instrumental in enhancing the functionality and reach of Stratsys' platform. Notable among their partners are industry leaders such as Visma, Qlik Q, Dir Sys, Microsoft, Arribatec, and 2c8. This robust network underscores Stratsys' commitment to delivering comprehensive and integrated solutions to their customers. Through these alliances, Stratsys leverages the expertise and technologies of its partners, ensuring that its customers benefit from a dynamic and evolving ecosystem of tools and services. The collaboration with renowned organizations in the tech and business sectors reflects Stratsys' dedication to providing cutting-edge solutions and staying at the forefront of innovation in the realm of strategic management systems.
Stratsys Cloud Infrastructure Insights
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- Stratsys Public Cloud and Infrastructure (IaaS)
- Stratsys Platform (PaaS)
- Stratsys Application Delivery
- Stratsys 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:
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