TIMOCOM Strengths, Domain Expertise, and Key Differentiators
TIMOCOM's strengths lie in its extensive domain expertise as a freight technology company. With over 50,000 international customers and a workforce of 650 employees from more than 40 countries, TIMOCOM's Smart Logistics System stands out for its comprehensive applications and services, ensuring fast, secure, and efficient transport processes. The company's Smart Logistics System integrates key AI/ML features, contributing to its technological differentiators.
TIMOCOM Recent Developments
Commencing from April 2021, TIMOCOM, in collaboration with the factoring service provider JITpay, unveiled a cutting-edge digital payment service for its customers in Germany. This innovative solution streamlines payment processes and is slated for expansion into other European countries, including the Netherlands, Poland, Slovakia, Slovenia, and the Czech Republic throughout the year. While specific revenue and profit data are not provided, these strategic moves indicate a forward-thinking approach to enhancing customer experience and market presence.
TIMOCOM Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying TIMOCOM 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 TIMOCOM 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 TIMOCOM Smart Logistics System customers.
TIMOCOM Overview
Timocom Platz 1
Erkrath, x, 40699, Germany
49 211 88 26 88 26
https://www.timocom.de/
Ownership: - x
Number of Employees: 650
Functional Markets: SCM,
Key Verticals: Manufacturing, Professional Services, Transportation,
TIMOCOM Key Enterprise and Cloud Applications
TIMOCOM Smart Logistics System
TIMOCOM 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.
TIMOCOM Revenue Breakdown By Type, $M:
TIMOCOM Enterprise Applications Revenues By Functional Markets, $M:
TIMOCOM Enterprise Applications Revenues By Verticals, $M:
TIMOCOM 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 |
TIMOCOM Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
TIMOCOM Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified TIMOCOM Customers
No. of TIMOCOM Customers: 53000
No. of TIMOCOM Enterprise Applications Customers: 53000
No. of TIMOCOM Cloud Customers: x
No. of TIMOCOM Cloud Subscribers: 147000
Boasting a diverse customer base, TIMOCOM caters to international clients across various industries. Notable customers include Mattheeuws Eric Transport, ULEX, Vos Transport Zaltbommel, and many others. The company's presence extends to Poland, the Czech Republic, and Hungary, with its German headquarters serving as a global hub.
TIMOCOM Market Opportunities, M&A and Geo Expansions
TIMOCOM is strategically positioned to leverage market opportunities both horizontally and vertically. With plans to expand its digital payment service across Europe and a focus on advancing AI-driven features like the 5-star rating system, the company aligns itself with the evolving landscape of Cloud, IoT, AI, and ML technologies. Opportunities for growth lie in penetrating new regions and further embracing technological advancements.
TIMOCOM Risks and Challenges
One of the key challenges facing TIMOCOM is the expansion of sales outside the EMEA region. Navigating diverse markets and addressing regional nuances will require a nuanced approach. Additionally, the company must be vigilant regarding internal operational risks to ensure seamless global operations.
TIMOCOM Ecosystem, Partners, Resellers and SI
TIMOCOM's ecosystem is characterized by its expansive network of more than 50,000 customers and strategic expansion into key European markets. The introduction of the 5-star rating feature in February 2022 exemplifies the company's commitment to enhancing collaboration within its ecosystem. Collaborations with partners like JITpay further solidify TIMOCOM's position in the freight technology domain.
TIMOCOM Cloud Infrastructure Insights
Subscribe to read more about:
- TIMOCOM Public Cloud and Infrastructure (IaaS)
- TIMOCOM Platform (PaaS)
- TIMOCOM Application Delivery
- TIMOCOM 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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