Worksoft Strengths, Domain Expertise, and Key Differentiators
Worksoft's Connective Automation Platform integrates advanced business process automation technology, relied upon by numerous global enterprises, with process discovery and Robotic Process Automation (RPA) capabilities within a unified platform. These seamlessly interconnected features streamline the creation and dissemination of automation, fostering expedited time and cost efficiencies while enhancing quality and fortifying bot performance. Each facet of the platform contributes to the operational insights facilitated by the platform's AI-driven Process Intelligence, providing actionable information for optimizing processes.
The Worksoft platform empowers businesses to visualize and enhance their complex custom and packaged application processes, enabling Quality Assurance (QA) teams to consistently deliver flawless applications with increased speed and efficiency. Furthermore, the platform facilitates the repurposing of automation for more precise and resilient RPA implementations in production.
Worksoft Recent Developments
In April 2021, Worksoft expanded its Connective Automation Platform. This enhancement incorporated unparalleled AI-driven analytics capabilities, positioning Worksoft as the pioneer in delivering a genuinely codeless and scalable automation solution. This innovative platform seamlessly integrates process intelligence, business process testing, and production automation, fostering comprehensive process insight and facilitating continuous process improvement.
Worksoft Mergers and Acquisitions (M&A) Activities
In May 2022, Worksoft successfully completed the acquisition of eureQa, a SaaS test automation platform distinguished by its AI-driven capabilities designed specifically for testing digital applications. eureQa's no-code approach to performance and end-to-end testing across various domains, including web, mobile, API, database, and packaged applications, significantly broadens the functional scope of Worksoft's Connective Automation platform. This strategic expansion aims to provide organizations with a comprehensive automation platform, empowering them to gain insights, mitigate risks, and optimize end-to-end business processes.
Worksoft Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Worksoft 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 Worksoft 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 Worksoft Connective Automation Platform, Worksoft Certify, Worksoft Process Intelligence, Worksoft Connective RPA, Worksoft Execution Manager, Worksoft Documentation, Worksoft Impact for SAP customers.
Worksoft Overview
15851 Dallas Parkway Suite 550
Addison, TX, 75001, United States
1 972-993-0400
https://www.worksoft.com/
Ownership: - Marlin Equity Partners
Number of Employees: 220
Functional Markets: Analytics and BI,
Key Verticals: Automotive, Communications, Consumer Packaged Goods, Healthcare, Life Sciences, Manufacturing, Oil and Gas, Chemicals, Professional Services, Utilities,
Worksoft Key Enterprise and Cloud Applications
Worksoft Connective Automation Platform, Worksoft Certify, Worksoft Process Intelligence, Worksoft Connective RPA, Worksoft Execution Manager, Worksoft Documentation, Worksoft Impact for SAP
Worksoft 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.
Worksoft Revenue Breakdown By Type, $M:
Worksoft Enterprise Applications Revenues By Functional Markets, $M:
Worksoft Enterprise Applications Revenues By Verticals, $M:
Worksoft 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 |
Worksoft Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Worksoft Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Worksoft Customers
No. of Worksoft Customers: 300
No. of Worksoft Enterprise Applications Customers: x
No. of Worksoft Cloud Customers: x
No. of Worksoft Cloud Subscribers: x
Worksoft has garnered the trust of a distinguished roster of 300 global corporations, including Microsoft, Cardinal Health, P&G, Honda, 3M, Intel, Johnson Matthey, and Siemens. These industry leaders have sought Worksoft's expertise to attain unparalleled continuous testing at scale and to successfully implement DevOps and Agile initiatives. Recognized and selected by preeminent Global System Integrators such as Accenture, IBM, and Cognizant, Worksoft has become an integral component within their ERP practices. Its seamless integration supports their adoption of Agile, DevOps, and SAFe methodologies, thereby accelerating the pace of digital transformations for these influential organizations.
Worksoft Market Opportunities, M&A and Geo Expansions
In July 2020, Worksoft unveiled an enhanced collaboration aimed at delivering a sophisticated Change Intelligence solution tailored for SAP IT organizations. This innovative solution empowers SAP ECC users to undertake system migration or optimization endeavors with a heightened level of risk mitigation. The collaboration has yielded an integrated solution by augmenting Worksoft Connective Automation with advanced Impact Analysis capabilities from Panaya. This strategic amalgamation offers enhanced visibility and discovery of business processes, catering to the needs of both technical and business users. The result is an accelerated and more efficient business transformation process.
Worksoft Risks and Challenges
Following the acquisition of eureQa in May 2022 and the subsequent expansion of its product portfolio, Worksoft may pursue an accelerated strategy to broaden its customer base. This potential initiative could have a notable impact on the company's overarching long-term strategy.
Worksoft Ecosystem, Partners, Resellers and SI
In August 2021, Worksoft made a significant announcement regarding the augmentation of its Worksoft+ Technology Partner Ecosystem. Noteworthy additions to this ecosystem include Digital.ai, QMetry, and SNP Group. Furthermore, Worksoft has expanded its collaboration with Panaya to encompass solutions tailored specifically for Oracle E-Business Suite and Cloud Applications. This initiative unites leading technologies in digital transformation enablement within the industry, enhancing the value proposition of Worksoft’s Connective Automation Platform for enterprise clients.
These seamlessly integrated solutions leverage Worksoft's market-leading automation capabilities to expedite SAP cloud migrations, facilitate Agile+DevOps test management, offer comprehensive change impact analysis, and support large-scale data migrations integral to enterprise transformation initiatives.
Worksoft Cloud Infrastructure Insights
Subscribe to read more about:
- Worksoft Public Cloud and Infrastructure (IaaS)
- Worksoft Platform (PaaS)
- Worksoft Application Delivery
- Worksoft 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:
https://www.appsruntheworld.com/About Ushttps://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ
