Blume Global Strengths, Domain Expertise, and Key Differentiators
Launched in 2018, Blume Global provides a cloud-first, intelligent operating platform that orchestrates global supply chain processes through a digital map of the supply chain world for thousands of customers. By digitizing and transforming supply chains around the world, enabling shippers (buyers and suppliers), logistics service providers and carriers to work together on a common data driven platform to reduce waste and inefficiencies through visibility, automation and optimization.
Blume Global Recent Developments
In January 2022, Blume Global has launched a platform to improve freight visibility with an interline rail schedule solution, saying the tool could help companies that leverage railroad intermodal services to better coordinate cross-country freight deliveries. Built in partnership with Union Pacific Railroad, Norfolk Southern, and CSX, Blume’s end-to-end rail freight scheduler gives users visibility around moving cargo from one railway to another. That is a critical step because cross-country freight deliveries typically require the use of at least two railways and multiple junctions, creating complex schedules that make planning a challenge, said Pervinder Johar, CEO of Blume Global.
Blume Global Mergers and Acquisitions (M&A) Activities
In 2022, Blume Global has acquired LiveSource, a multi-enterprise supply chain business network for complex manufacturers. The company, which has offices throughout North America, Europe and Asia, provides sourcing and procurement orchestration technology, among other solutions, to the automotive and industrial manufacturing sectors.
Blume Global Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Blume Global 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 Blume Global 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 Blume Visibility customers.
Blume Global Overview
Ownership: - Bridgepoint, Apollo Global Management, EQT Partners
Number of Employees: 500
Blume Global Key Enterprise and Cloud Applications
Blume Global Revenues, $M:
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* 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.
Blume Global Revenue Breakdown By Type, $M:
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Blume Global Enterprise Applications Revenues By Functional Markets, $M:
Blume Global Enterprise Applications Revenues By Verticals, $M:
Blume Global Revenues By Region, $M
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Blume Global Direct vs Indirect sales
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Blume Global Customers - Breakdown by Geo, Size, Vertical and Product
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No. of Blume Global Enterprise Applications Customers: x
No. of Blume Global Cloud Customers: x
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Blume’s digital operating platform and solutions are used by some of the largest freight railroads, container steam-ship lines, logistics service providers and shippers in the world to manage and track the movement of freight and transportation assets in more than 130 countries. Notable customers include Maersk, Expeditors, Ocean Network Express, Werner, CH Robinson, Union Pacific, CSX, Norfolk Southern, and Kuehne + Nagel.
Blume Global Market Opportunities, M&A and Geo Expansions
Blume Global has experienced exponential growth in India in less than two years. Since its Bangalore office opened in 2020, the India team has grown to nearly 400 employees, representing a $10 million investment in the local community. The company's plans for aggressive growth in India is well placed in the backdrop of the Union Budget which had significant focus on the logistics and transport sector. The move to bring Data Exchange among all-mode operators on a unified Logistics Interface Platform, designed for API will be a key factor in Blume Global's India strategy. Given that India's supply chain and logistics costs currently account for 14 per cent of the country's GDP (compared to global average of approximately 8 per cent), this is a great move and will bring India closer to the world standards. Blume can help through its Visibility Solution by utilizing the operator's data by doing the real time tracking of the shipments and also predicting the dynamic ETAs at the final delivery locations.
In September 2021, Blume Global has raised new equity from London-based Bridgepoint Group. This investment will further the company's effort to bring its truly innovative and transformational supply chain digitization to the industry. This latest funding values Blume Global at $500 million, and Bridgepoint joins funds managed by affiliates of Apollo Global Management and EQT as equity investors in the company.
Blume Global Risks and Challenges
Gain market share in a highly competitive market will be a challenge for Blue Global.
Blume Global Ecosystem, Partners, Resellers and SI
In March 2022, Blume Global ties up with TCS to take supply tech solutions into european asian markets. TCS will help its customers in the hi-tech, transportation, logistics and industrial manufacturing markets leverage Blume Global solutions to drive digital transformation. In turn, Blume Global will promote TCS' IT and business services and solutions to its customer base.
Blume Global 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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