Ultimus Strengths, Domain Expertise, and Key Differentiators
Ultimus is a global provider of BPM-based technologies and low-code development platforms, empowering organizations to accelerate business growth, enhance profitability, and manage risk more effectively. The Ultimus Digital Process Automation Suite is a purpose-built low-code platform, designed to support enterprise-wide digital transformation by delivering scalable, efficient, and agile automation solutions.
Ultimus Recent Developments
In December 2024, Ultimus announced the release of its latest low-code and business process automation platform, the Ultimus Digital Process Automation Suite 2024 R3 (“Ultimus 2024 R3”). Accompanying this release is version 1.1 of the Ultimus Citizen Development Workspace (“CDWS 1.1”), the company’s innovative low-code governance solution. Together, Ultimus 2024 R3 and CDWS 1.1 advance the company’s mission to help organizations achieve the strategic advantages of enterprise-wide automation—while avoiding increased complexity, technical debt, and total cost of ownership.
Ultimus Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Ultimus 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 Ultimus 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 Ultimus Digital Process Automation Suite customers.
Ultimus Overview
136 Madison Ave. 6th Floor
New York, NY, 10016, United States
1 646-722-3300
https://www.ultimus.com/
Ownership: - x
Number of Employees: 220
Functional Markets: ERP Services and Operations,
Key Verticals: Automotive, Banking and Financial Services, Communication, CPG, Education, Government, Healthcare, Insurance, Life Sciences, Manufacturing, Oil Gas Chemicals, Professional Services, Transportation, Utility,
Ultimus Key Enterprise and Cloud Applications
Ultimus Digital Process Automation Suite
Ultimus 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.
Ultimus Revenue Breakdown By Type, $M:
Ultimus Enterprise Applications Revenues By Functional Markets, $M:
Ultimus Enterprise Applications Revenues By Verticals, $M:
Ultimus 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 |
Ultimus Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Ultimus Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Ultimus Customers
No. of Ultimus Customers: 2000
No. of Ultimus Enterprise Applications Customers: 2000
No. of Ultimus Cloud Customers: x
No. of Ultimus Cloud Subscribers: x
With operations spanning 14 offices across 11 countries and the support of a global partner network, Ultimus has successfully deployed its solutions in thousands of organizations across more than 80 countries. Its clientele includes some of the world’s most prominent enterprises, such as Sanofi, Citizens Bank, DHL, Sonoco, Daimler, Perdue Farms, Chevron, Mercantil Commercebank, HSBC, Sony, Pfizer, Unilever, Charles Schwab, the National Bank of Abu Dhabi, Lockheed Martin, Frito Lay, and many others.
Ultimus Market Opportunities, M&A and Geo Expansions
Ultimus Enterprise Solutions provides comprehensive training, mentoring, and implementation services to ensure optimal performance of its technology, supporting organizations in achieving true digital transformation.
Ultimus Risks and Challenges
As Ultimus continues its migration to the cloud and integrates advanced technologies, it must prioritize a seamless transition while upholding the highest standards of data security, system reliability, and customer support.
Ultimus Ecosystem, Partners, Resellers and SI
With offices located in the United States, Latin America, Germany, the United Kingdom, Hungary, the United Arab Emirates, Egypt, China, and Taiwan, Ultimus maintains a strong global presence and operates effectively across diverse international markets.
Ultimus has built a robust network of partnerships with a diverse range of Value Added Resellers, Distributors, and Systems Integrators to expand its global reach and enhance service delivery. Key collaborators include Active e-Solution Limited, Edvance Hong Kong, Hangzhou Cntracer Technology, Hangzhou Iduo Information Technology, JFE Systems, N2N Solution Provider, PT Integrasi Teknologi (operating in Indonesia, Malaysia, Singapore, and Thailand), Shandong Dachuang Technology, Shanghai JS Information Technology, Shenzhen Douples Technology, among others. These strategic alliances support Ultimus in delivering tailored automation solutions across various regional markets.
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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