Avenu Insights & Analytics Strengths, Domain Expertise, and Key Differentiators
Avenu Insights & Analytics has a long history of helping state and local governments adapt to the changing needs for information management and their impact on service delivery. Avenu’s software solutions for administration and revenue enhancement enable jurisdictions to provide truly digital government that meets expectations of citizens, employees and elected officials. The company’s focus and resources give customers more predictable revenue and costs, and allow governments to sustain a high quality of life.
Avenu Insights & Analytics Recent Developments
Avenu Insights & Analytics is the provider of revenue enhancement, technology, and consulting services for government agencies.
In September 2019, Avenu released CPASv5, an all-in-one system for smarter pension administration. With its versatility to handle any type of benefit plan from Deﬁned Beneﬁt, Deﬁned Contribution, Hybrid pension Plans, savings plans, and Health and Welfare Beneﬁts, CPAS has all the functionality administrators, employers, members and retirees need.
Avenu Insights & Analytics Mergers and Acquisitions (M&A) Activities
Avenu has acquired the operations and assets of The Windward Group and GRIDS Information Technologies. With the Windward and GRIDS software, document digitization and storage capabilities, Avenu reinforces its commitment to supporting government customers with records management solutions. Over several decades, Louisiana-based Windward has built a business based on helping judicial systems and other organizations obtain, organize, store and deliver critical information. GRIDS has been a leader in providing conveyance records software to Louisiana court systems. The Windward Group and GRIDS purchase represent the latest in a series of acquisitions by Avenu.
In 2018 it acquired the government solutions group of Conduent, Inc., and before that brought together several government solution providers under the Avenu umbrella.
Avenu Insights & Analytics Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Avenu Insights & Analytics 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 Avenu Insights & Analytics 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 Avenu HRS Pro, Avenu CPTM, Avenu CPAS, Avenu ITMS customers.
Avenu Insights & Analytics Overview
Ownership: - Mill Point Capital
Number of Employees: 900
Key Verticals: Government,
Avenu Insights & Analytics Key Enterprise and Cloud Applications
Avenu HRS Pro, Avenu CPTM, Avenu CPAS, Avenu ITMS
Avenu Insights & Analytics Revenues, $M:
|Type/Year||2019||2020||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.
Avenu Insights & Analytics Revenue Breakdown By Type, $M:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
Avenu Insights & Analytics Enterprise Applications Revenues By Functional Markets, $M:
Avenu Insights & Analytics Enterprise Applications Revenues By Verticals, $M:
Avenu Insights & Analytics Revenues By Region, $M
|Region||% of Total Revenues||2020 Total Revenues, $M||2020 Enterprise Applications Revenues, $M||2020 Cloud Applications Revenues, $M|
Avenu Insights & Analytics Direct vs Indirect sales
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Avenu Insights & Analytics Customers - Breakdown by Geo, Size, Vertical and Product
No. of Avenu Insights & Analytics Customers: 3000
No. of Avenu Insights & Analytics Enterprise Applications Customers: x
No. of Avenu Insights & Analytics Cloud Customers: x
No. of Avenu Insights & Analytics Cloud Subscribers: x
Over 3,000 state and local governments have partnered with Avenu to boost revenue, optimize operations, and deepen community trust. Among its customers are Santa Rosa, California, Norfolk, Virginia, The City of Bessemer and many others.
Avenu Insights & Analytics Market Opportunities, M&A and Geo Expansions
In December 2019, the city of Birmingham empowered local business, making effort to provide on-line processing of city business licenses and related taxes through Avenu Insights and Analytics. The new program will help save time by enabling business owners to focus on growing their businesses. In October 2019, Avenu had become a Silver level member of Esri's partnership program. Avenu leveraged Esri's Geographic Information System (GIS) technology to geo-enable its revenue enhancement and administrative solutions. Clearview Analytics Economic Development Insights (EDI) was the result form the partnership. Clearview Analytics EDI combines powerful analytic tools and traffic service data provided by Esri's ArcGIS, and pairs it with Avenu's tax revenue and demographic data.
During the ongoing COVID-19 pandemic, local governments are confronting budget shortfalls as revenue drops and leaders work to support their community during the crisis. Avenue team is prepared to support local governments through these challenging times. They have extensive real-world experience in handling crisis situations and front-line knowledge in preparing and implementing strategies to help cities and counties weather the storms and recover as quickly as possible.
Avenu Insights & Analytics Risks and Challenges
Expanding sales outside United States will be a challenge for Avenu.
Avenu Insights & Analytics Ecosystem, Partners, Resellers and SI
In October 2021 Avenu partners with G2Lytics to sharpen revenue insight. G2Lytics uses a patented Artificial Intelligence (AI) and data analytics platform, that complements Avenu’s government revenue data mining and research techniques.
Avenu Insights & Analytics and SAFEbuilt, a community development services company, have entered into a strategic alliance to provide local government customers a unique revenue enhancement assessment tool. This alliance seeks to help local governments rebuild and recover from this national pandemic. This project has been driven by two simple and critical goals: Create a tool to help the two companies’ 4,000 state and local government customers recover from near term budget pressures and to help them find new revenue opportunities.
Avenu Insights & Analytics Cloud Infrastructure Insights
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- Avenu Insights & Analytics Public Cloud and Infrastructure (IaaS)
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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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