Aptitude Software Among Cloud Top 500

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https://www.aptitudesoftware.com/

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Aptitude Software Strengths, Domain Expertise, and Key Differentiators

As a global financial software specialist, Aptitude equips CFOs, of the world's largest organizations, with competitive advantages by streamlining and automating financial accounting processes and enabling faster actionable insights. The Aptitude Lease Accounting Engine empowers clients to: Transition easily to IFRS 16 and ASC 842; Deliver consistent and auditable lease accounting; Understand financial impact of individual leases; Address complex accounting scenarios.

Aptitude Software Recent Developments

In May 2019, Aptitude Software Group entered into an agreement to sell the entire issued share capital of its wholly-owned subsidiary Microgen Financial Systems (MFS) to Moscow Bidco. Moscow Bidco is a newly-incorporated private limited company controlled by funds advised by Silverfleet Capital Partners.

Aptitude reinvested 34% of revenue in product R&D and plans to continue that level of investment into the future. The Wroclaw office has grown 12% over the last two years and is ramping up recruitment further to support product development and company growth.

Release 2018.1 from Aptitude RevStream was launched in August 2018. This major update brings several exciting benefits for customers to further streamline their revenue reporting in order to meet compliance standards, as well as to give greater insight to contract data for ad-hoc reporting analytics.

Aptitude Software Mergers and Acquisitions (M&A) Activities

In September 2017, Aptitude Software acquired RevStream for $12 million including deferred equity consideration of $2.5 million. Bringing RevStream into the Aptitude family extended Aptitude Software's position as a leading provider of revenue recognition solutions.

Aptitude Software Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Aptitude Software 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 Aptitude Software 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 Aptitude Lease Accounting Engine customers.

Aptitude Software Key Enterprise and Cloud Applications

Aptitude Lease Accounting Engine

Aptitude Software Revenues, $M:

Type/Year20182019YoY 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.

Aptitude Software Revenue Breakdown By Type, $M:

TypeLicenseServicesHardwareSupport & MaintenanceSaaS
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe

Aptitude Software Revenues By Region, $M

Region% of Total Revenues2019 Total Revenues, $M2019 Enterprise Applications Revenues, $M2019 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

Aptitude Software Direct vs Indirect sales

RegionDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Aptitude Software Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Aptitude Software Customers


No. of Aptitude Software Customers: x

No. of Aptitude Software Enterprise Applications Customers: x

No. of Aptitude Software Cloud Customers: x

No. of Aptitude Software Cloud Subscribers: 500000000


The Aptitude Software is used by many global companies, including global tier one banks, global insurers, large telco and communications companies. Their client base spans over 10 sectors and 20 countries. The proprietary software supports businesses with combined revenues approaching $1 trillion and covering over 500 million subscribers globally.

Aptitude Software Market Opportunities, M&A and Geo Expansions

Aptitude Software's performance in 2019 benefitted from multiple sales of the Aptitude Insurance Calculation Engine together with an encouraging number of sales of Aptitude Software's growing suite of cloud-deployed applications the Aptitude Lease Accounting Engine and Aptitude RevStream, especially entering into an enterprise licence agreement with an existing client which is one of the UK's leading clearing banks.

Software revenue, the key focus of the Aptitude Software business, grew tp $35.6 million (2018: $31 million).

Aptitude Software Risks and Challenges

The revenue number from cloud subscription is yet to a test due to recent acquisition of RevStream Inc. Currently, the software revenue is mostly from license fee contracts.

Aptitude Software Ecosystem, Partners, Resellers and SI

Aptitude Software's partner network is comprised of a number of global accounting firms, system integrators and technology companies where the partners both influence new business sales processes and provide resources onto the projects augmenting Aptitude Software's implementation capability. Some of the Aptitude software partners are: Accenture, CFGI, Cognizant, Deloitte, Crossing Technologies, KPMG and many other. On the other hand their technology partners are: Oracle, Workday and Teradata.

Aptitude Software Cloud Infrastructure Insights

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  • Aptitude Software Public Cloud and Infrastructure (IaaS)
  • Aptitude Software Platform (PaaS)
  • Aptitude Software Application Delivery
  • Aptitude Software 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).


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