VORTAL Connecting Business Strengths, Domain Expertise, and Key Differentiators
VORTAL is an international eSourcing and eProcurement platform catering to both the public and private sectors. VORTAL facilitates the connection of thousands of buyers with a robust international network comprising qualified suppliers. This platform serves as a pivotal bridge, fostering efficient and transparent procurement processes for a diverse range of entities across various sectors.
VORTAL Connecting Business Recent Developments
In July 2022, The Trans-European Electronic Procurement Implementation Project (INTERPROC) was launched by a group of European partners, of which VORTAL is a part, to promote interoperability in the use of structured information throughout the entire procurement process and improve Contracting Electronics in Europe.
VORTAL Connecting Business Mergers and Acquisitions (M&A) Activities
In August 2020, a Sweden-based software and information company Byggfakta Group acquired 100% of the shares in the Portuguese company Vortal.
In April 2020, VORTAL successfully concluded the acquisition of the SaphetyGov electronic purchasing platform. Subsequently, the company commenced operations with two distinct platforms within the public sector: VortalGov and SaphetyGov. This strategic move marked a significant development in VORTAL's portfolio, broadening its offerings and reinforcing its presence in the electronic procurement domain within the public sector.
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
Rua Professor Fernando da Fonseca
Lisbon, x, 1600-616, Portugal
351 707 202 712
https://www.en.vortal.biz/
Ownership: - BFG.ST
Number of Employees: 219
Functional Markets: Procurement, SCM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
VORTAL Connecting Business Key Enterprise and Cloud Applications
eProcurement, eTendering, eSourcing, eAuction, eCatalogues,
VORTAL Connecting Business 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.
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 | 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 |
VORTAL Connecting Business Direct vs Indirect sales
| Region | 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: 350000
No. of VORTAL Connecting Business Enterprise Applications Customers: 350000
No. of VORTAL Connecting Business Cloud Customers: x
No. of VORTAL Connecting Business Cloud Subscribers: x
VORTAL serves a vast customer base, exceeding 350,000 clients across 36 countries. The company's global support extends to a diverse range of entities, including small public bodies such as municipalities, large public bodies encompassing major cities, regional governments across various countries, and national central procurement bodies. Additionally, VORTAL provides comprehensive assistance to the entire public administration of several countries, catering to the unique needs of both small and medium-sized enterprises (SMEs) and large multinational corporations. This expansive reach exemplifies VORTAL's commitment to delivering tailored solutions across a wide spectrum of organizational sizes and sectors.
VORTAL Connecting Business Market Opportunities, M&A and Geo Expansions
In June 2022, Jorge Macara assumed the role of CEO at VORTAL, leading the company's ongoing expansion initiatives. This expansion, characterized by a merger and acquisition strategy, saw the successful acquisition of three companies in Portugal and Spain within the past two years. Prior to his appointment as CEO, Jorge Macara held the position of Vice-President on the company's Board. This leadership transition occurred following Miguel Sobral's appointment as CEO of the Byggfakta group for continental Europe, the international entity 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.
VORTAL Connecting Business Cloud Infrastructure Insights
Subscribe to read more about:
- VORTAL Connecting Business Public Cloud and Infrastructure (IaaS)
- VORTAL Connecting Business Platform (PaaS)
- VORTAL Connecting Business Application Delivery
- VORTAL Connecting Business 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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