Veloce Strengths, Domain Expertise, and Key Differentiators
Veloce emerges as a formidable contender, leveraging the robust Salesforce® platform to revolutionize product configuration, pricing, and quoting processes. Aptly named after the Italian word for "fast," Veloce epitomizes swift performance, boasting sub-second response times for configurations even with up to 50,000 line items. Its adaptable user interface caters to diverse sales channels, ensuring an optimal user experience without necessitating coding expertise from administrators. Veloce's competitive edge stems from its rich heritage of domain expertise, with founders boasting over five decades of combined experience in crafting and utilizing quote-to-cash systems. Notably, Shaowei Mao, the mastermind behind Veloce CPQ's sophisticated configuration engine, spearheaded the development of renowned configuration engines for Siebel and Trilogy before co-founding Veloce in 2016.
Veloce Recent Developments
Veloce Corporation has recently made waves with the announcement of its cutting-edge Configure, Price, Quote (CPQ) solution. Boasting unparalleled out-of-the-box functionality, Veloce's CPQ solution marks a significant milestone in the industry, promising swift and seamless implementation processes coupled with robust end-to-end solutions. This development marks a pivotal moment for SMBs, who have historically faced challenges with CPQ solutions characterized by either notable capability gaps or exorbitant price tags.
The findings echoed a resounding endorsement of Veloce CPQ's prowess, with reported advantages spanning increased revenue streams, reduced operational overheads, and enhanced workforce productivity. In a striking revelation, Nucleus unveiled that organizations leveraging Veloce CPQ experienced a notable reduction in contract team headcount, slashing it by an impressive 50 percent. Furthermore, another standout case highlighted a staggering revenue surge exceeding 90 percent.
Veloce Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Veloce 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 Veloce 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 Veloce CPQ, Veloce Composable API customers.
Veloce Overview
2201 Broadway 4th Floor
Oakland, CA, 94612, United States
1 425-829-0936
https://www.veloceapps.com/
Ownership: - x
Number of Employees: 40
Functional Markets: SPM,
Key Verticals: Communications, Healthcare, Life Sciences, Manufacturing, Media, Professional Services,
Veloce Key Enterprise and Cloud Applications
Veloce CPQ, Veloce Composable API
Veloce 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.
Veloce Revenue Breakdown By Type, $M:
Veloce Enterprise Applications Revenues By Functional Markets, $M:
Veloce Enterprise Applications Revenues By Verticals, $M:
Veloce 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 |
Veloce Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
Veloce Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Veloce Customers
No. of Veloce Customers: x
No. of Veloce Enterprise Applications Customers: x
No. of Veloce Cloud Customers: x
No. of Veloce Cloud Subscribers: x
Veloce CPQ emerges as a transformative force, catering to a spectrum of clientele ranging from Small and Medium-Sized Businesses (SMBs) to colossal Enterprises. Notable reference customer wins stand as indisputable evidence of Veloce CPQ's ability to deliver tangible value across diverse industry verticals. From North America to Europe and beyond, Veloce CPQ has made inroads into various regions, catering to the unique needs of businesses on a global scale. Veloce CPQ's adaptability transcends industry boundaries, with its deployment witnessed across sectors ranging from manufacturing to technology, healthcare, and beyond.
Veloce Market Opportunities, M&A and Geo Expansions
Veloce CPQ represents more than just a software solution; it embodies a strategic asset for SaaS companies poised to navigate the dynamic landscape of the IT industry and seize the myriad opportunities that lie ahead. By embracing Veloce CPQ, organizations can position themselves for success in an increasingly competitive market environment, driving innovation, and maximizing value for both customers and stakeholders alike.
Veloce Risks and Challenges
While the potential benefits of embracing innovative technologies are undeniable, organizations must remain vigilant against a myriad of internal and external risks. From cybersecurity threats to data breaches, the IT landscape is fraught with vulnerabilities that necessitate robust security measures and proactive risk mitigation strategies. Moreover, navigating go-to-market challenges, such as market saturation and competitive dynamics, requires a strategic approach to market positioning, product differentiation, and customer engagement. Additionally, reliance on outdated software versions exposes organizations to compatibility issues, security vulnerabilities, and operational inefficiencies, underscoring the importance of regular updates and patch management.
Veloce Ecosystem, Partners, Resellers and SI
The collaboration between Veloce and Monfido exemplifies the strategic imperative for companies to embrace ecosystem partnerships as a means of driving innovation, enhancing competitiveness, and delivering value in an increasingly interconnected world.
Veloce Cloud Infrastructure Insights
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- Veloce Public Cloud and Infrastructure (IaaS)
- Veloce Platform (PaaS)
- Veloce Application Delivery
- Veloce 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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