Aareon Strengths, Domain Expertise, and Key Differentiators
Aareon is a wholly-owned subsidiary of the Aareon Bank Group, Wiesbaden, is the leading provider of consulting and system services for the European property industry and its partners in the digital age. The Aareon Group provides its customers with solutions in the fields of consulting, software, and services to optimize IT-based business processes and expand business models. The international transfer of knowledge within the organization, user-centric development methods, and collaboration with PropTech companies support the continued development and expansion of the Aareon Smart World portfolio. Aareon’s own venture company develops ideas for new services and business models together with the start-up community.
Aareon Recent Developments
In the Netherlands, Aareon Nederland offers two ERP systems: REMS for the commercial real estate industry and Tobias AX or now Tobias 365 for the housing industry. Two pilot customers started migrating to Tobias 365 in the third quarter of 2019. The plan is for them to go live with the new system in the second quarter of 2020. The pure migration from the old to the new system takes around four to six months. Around 90 customers are to be migrated over the next five years.
Aareon Mergers and Acquisitions (M&A) Activities
In November 2019 Aareon acquired software and consulting company CalCon. Aareon’s acquisition will further strengthen its position as ERP software and digital solutions for the property industry in Europe, and expand Aareon Smart World to include solutions for assessing the condition of existing buildings, determining requirements and planning maintenance.
In April 2019 Aaeron has acquired a 19% stake in Dutch property software producer OSRE BV. a platform for property sales and rental transactions. The aim of the partnership in the Netherlands is to integrate OSRE’s software into Aareon Smart World and jointly develop markets.
In November 2017 Aaeron acquired all of the shares in the sales companies mse Augsburg GmbH (Augsburg) and mse Immobiliensoftware GmbH (Hamburg) as well as the development company mse RELion GmbH. By purchasing the mse Group’s property-industry IT business, Aaeron is continuing his profitable growth strategy and expanding both his customer base and solution portfolio. With mse, it gains access to the commercial property sector and the Austrian market, in particular, mse will continue to serve its customers with its independent market presence. From now on, the customers of mse can benefit from the comprehensive digital solution portfolio.
Aareon Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Aareon 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 Aareon 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 Aareon Smart World, Aareon Wodis Sigma, Aareon Immoblue Pro customers.
Ownership: - x
Number of Employees: 1631
Key Verticals: Real Estate,
Aareon Key Enterprise and Cloud Applications
Aareon Smart World, Aareon Wodis Sigma, Aareon Immoblue Pro
Aareon Revenues, $M:
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|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.
Aareon Revenue Breakdown By Type, $M:
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Aareon Enterprise Applications Revenues By Functional Markets, $M:
Aareon Enterprise Applications Revenues By Verticals, $M:
Aareon Revenues By Region, $M
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Aareon Direct vs Indirect sales
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Aareon Customers - Breakdown by Geo, Size, Vertical and Product
No. of Aareon Customers: 3000
No. of Aareon Enterprise Applications Customers: x
No. of Aareon Cloud Customers: x
No. of Aareon Cloud Subscribers: x
About 3,000 customers make use of Aareon some of them are ADLER Real Estate AG, SAGA Unternehmensgruppe, GAG Immobilien, Wohnungsgesellschaft mbH and others.
Aareon Market Opportunities, M&A and Geo Expansions
In June 2020 Aareon released an AI-based virtual assistant that will interact with customers in the first step via chat and in the second step via voice. Aareon has developed his own character and voice for this virtual assistant, Neela.
In November 2019 Aareon customers, partners, and start-ups can design and develop their own IT solutions using a wide range of web services, included in its new Aareon Smart Platform. The new Aareon Smart Platform will also disrupt the market by enabling Aareon partners to develop and bring their own solutions to the Aareon Smart World, creating an open and richer market-place for housing and real estate management systems.
Aareon Risks and Challenges
In May 2020, Aareal Bank, the Group parent of Aareon AG, announced that the Management Board of Aareal Bank AG entered into discussions with a select group of long-term financial investors on the sale of a significant minority stake in Aareon AG.
Aareon Ecosystem, Partners, Resellers and SI
The Aareon Group is an international company with 40 locations, including 15 in the DACH region. In addition to offices in the DACH region, the company has representative locations in Finland, France, Great Britain, the Netherlands, Norway, and Sweden. Aareon operates its own development company in Romania.
Some of Aaeron partners are Castleton, ECCO, Kirona, SDS, and others.
Aareon Cloud Infrastructure Insights
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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).
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