Acubiz Strengths, Domain Expertise, and Key Differentiators
Acubiz is a Danish-based Fintech company. Since 1997, Acubiz has been a frontrunner within the expense management field. Acubiz provides technology and services to take the pain out of travel and expense management. Crumpled and lost receipts, as well as the time-consuming processes to handle them, belongs to the past – with Acubiz everything is digitally managed through mobile applications. Our expense management solutions are fully featured and take all sub-processes related to travel and employee expenses and administrative tasks into account. Thereby delivering a significant amount of value for an entire organization.
Acubiz Recent Developments
Acubiz launched Acubiz Time. Acubiz Time is a fully-featured solution for fast and simple time registration for both employees, managers, and the HR and finance departments. Registrations like work hours, vacation, leave, sickness, and time consumption related to internal or external projects and client cases becomes easy and fast. The solution is built around two modules, so you can choose according to your requirements.
Acubiz Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Acubiz 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 Acubiz 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 Acubiz Invoice, Acubiz Time customers.
Ownership: - x
Number of Employees: 42
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, 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 Nonprofit, Special Cause Nonprofit, Oil and Gas, Professional Services, Retail, Transportation, Utilities,
Acubiz Key Enterprise and Cloud Applications
Acubiz Invoice, Acubiz Time
Acubiz Revenues, $M:
|Type/Year||2018||2019||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.
Acubiz Revenue Breakdown By Type, $M:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
Acubiz Enterprise Applications Revenues By Functional Markets, $M:
Acubiz Enterprise Applications Revenues By Verticals, $M:
Acubiz Revenues By Region, $M
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 Enterprise Applications Revenues, $M||2019 Cloud Applications Revenues, $M|
Acubiz Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Acubiz Customers - Breakdown by Geo, Size, Vertical and Product
No. of Acubiz Customers: 1000
No. of Acubiz Enterprise Applications Customers: x
No. of Acubiz Cloud Customers: x
No. of Acubiz Cloud Subscribers: 175000
Acubiz currently has a customer base of more than 150 companies with over 175000 users.
Acubiz Market Opportunities, M&A and Geo Expansions
In 2018, Acubiz has realized a turnover of DKK 34 million, which corresponds to a 17 % growth compared to the year before. The growth has been driven by continued customer acquisition alongside the expansion of engagements with existing customers. The growth has also called for a staff increase, which means that the company exited 2018 with 38 employees.
Acubiz Risks and Challenges
Acubiz appointed Kim Pawrup as CEO.
Acubiz Ecosystem, Partners, Resellers and SI
Acubiz and Nordea, which is the largest financial services group in the Nordics, has entered a strategic partnership. This means that Nordea's Danish business customers now have access to a bundled solution with First Card credit cards and Acubiz’s innovative and tested software for managing expenses. The First Card payment cards are fully featured Mastercard credit cards that work across the globe.
Acubiz Cloud Infrastructure Insights
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- Acubiz Public Cloud and Infrastructure (IaaS)
- Acubiz Platform (PaaS)
- Acubiz Application Delivery
- Acubiz Private Cloud and Data Centers
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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