VORTAL Connecting Business Strengths, Domain Expertise, and Key Differentiators
VORTAL's cloud-based eMarketplace connects over 350,000 users from both public and private sectors, facilitating efficient and transparent procurement processes. The platform's integration capabilities, notably through VORTALconnect, ensure seamless interoperability with various ERP and financial systems, adhering to international standards like PEPPOL. Furthermore, VORTAL's commitment to innovation is evident through its collaborations with universities and research institutions, fostering continuous development in AI-driven procurement solutions.
VORTAL Connecting Business Recent Developments
In a significant rebranding initiative, VORTAL's parent company, Byggfakta Group, transitioned to Hubexo in late 2024, signaling a renewed focus on global expansion and digital transformation.
VORTAL Connecting Business Mergers and Acquisitions (M&A) Activities
In 2020 and 2021, Byggfakta Group, through its Portugal-based subsidiary Vortal, made a series of strategic acquisitions to strengthen its position in the European eProcurement and construction information markets. In 2020, Vortal acquired the SaphetyGov electronic purchasing platform, choosing to operate it alongside its existing VortalGov platform in Portugal, with both remaining independent and supported by dedicated teams to ensure continuity for users. In 2021, Byggfakta further expanded its footprint in Spain by acquiring Nexus IT, the leading provider of pre-award and eTendering solutions for the Spanish public sector, and Construdata21, a top provider of construction project data in Spain with coverage extending to Portugal and international markets.
In August 2020, a Sweden-based software and information company Byggfakta Group acquired 100% of the shares in the Portuguese company Vortal..
VORTAL Connecting Business Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying VORTAL Connecting Business 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 VORTAL Connecting Business 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 eProcurement, eTendering, eSourcing, eAuction, eCatalogues, customers.
VORTAL Connecting Business Overview
Green Park, R. Gen. Firmino Miguel nº 6B, piso -2
Lisbon, x, 1600-300, Portugal
351 707 20 27 12
Ownership: - x
Number of Employees: 330
Functional Markets: Procurement, SCM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction and Real Estate, CPG, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil Gas Chemicals, Professional Services, Retail, Transportation, Utility,
VORTAL Connecting Business Key Enterprise and Cloud Applications
eProcurement, eTendering, eSourcing, eAuction, eCatalogues,
VORTAL Connecting Business 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.
VORTAL Connecting Business Revenue Breakdown By Type, $M:
VORTAL Connecting Business Enterprise Applications Revenues By Functional Markets, $M:
VORTAL Connecting Business Enterprise Applications Revenues By Verticals, $M:
VORTAL Connecting Business 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 |
VORTAL Connecting Business Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
VORTAL Connecting Business Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified VORTAL Connecting Business Customers
No. of VORTAL Connecting Business Customers: x
No. of VORTAL Connecting Business Enterprise Applications Customers: x
No. of VORTAL Connecting Business Cloud Customers: x
No. of VORTAL Connecting Business Cloud Subscribers: 350000
VORTAL serves a diverse clientele across 21 industry verticals, with a significant presence in regions such as Spain and Portugal. Its platform supports over 350,000 users, reflecting its extensive reach in the eProcurement domain. The company's solutions cater to both large enterprises and SMEs, demonstrating versatility in addressing varied procurement needs.​
VORTAL Connecting Business Market Opportunities, M&A and Geo Expansions
The increasing digitization of procurement processes presents significant growth opportunities for VORTAL, particularly in emerging markets. Its active participation in EU-funded projects such as INTERPROC enables the company to contribute to and adapt with evolving interoperability standards, strengthening its position with public sector clients.
In June 2022, Jorge Macara was appointed CEO of VORTAL, leading its ongoing expansion efforts driven by a focused mergers and acquisitions strategy, which resulted in the successful acquisition of three companies in Portugal and Spain over the past two years. Before becoming CEO, Macara served as Vice President on VORTAL’s Board. His appointment followed the transition of former CEO Miguel Sobral to CEO of the Byggfakta Group for continental Europe—the international organization that acquired VORTAL in 2020.
VORTAL Connecting Business Risks and Challenges
The comprehensive strategy for VORTAL's global expansion placed significant reliance on its ecosystem, a factor that could be perceived as a potential risk. The recognition of potential risks associated with this reliance underscored the need for a nuanced and well-considered risk mitigation strategy. VORTAL, in its pursuit of global growth, acknowledged the importance of carefully managing and addressing any perceived risks linked to its ecosystem dynamics, ensuring a prudent and sustainable approach to expansion.
VORTAL Connecting Business Ecosystem, Partners, Resellers and SI
The VORTAL Channel Partners Program encompasses a diverse array of six distinct partnership types, each tailored to provide unique benefits and advantages. Noteworthy collaborations within VORTAL's network include strategic partnerships with industry leaders such as Everis, Indra, Microsoft, and T-Systems. These partnerships are indicative of VORTAL's commitment to fostering collaborative relationships with key players in the business ecosystem.
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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