Buildium Strengths, Domain Expertise, and Key Differentiators
Providing web-based management tools for small and medium-sized property management businesses and homeowner associations, Buildium property management software includes functionality for financial management, reporting, and communication. Tools in the system include general ledger accounting, secure online payments, online maintenance requests, and tenant screening.
Buildium data is stored on servers hosted by Amazon Web Services (AWS), one of the many hosting providers in the business. AWS provides a highly reliable and scalable infrastructure platform in the cloud that powers hundreds of thousands of businesses in 190 countries around the world. The software is available in different editions, depending on the user. These include the Landlord Edition, Property Manager Edition, and Association Edition (for board members and trustees in a self-managed condo or homeowners association).
Buildium Recent Developments
In January 2017, Buildium expanded its ePay online payments service in Canada and launched Buildium Academy, an online training program for customers.
Buildium Mergers and Acquisitions (M&A) Activities
In November 2019 RealPage acquired Buildium. RealPage expects to combine its best-in-class capabilities with Buildium to target smaller multifamily, single-family, Associations (HOA and Condo) and commercial real estate market segments. These areas collectively form the SMB market segment, which the company estimates to represent 50 million units in the U.S., and a significant growth opportunity.
Buildium Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Buildium 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 Buildium 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 Buildium, Buildium eLease customers.
Buildium Overview
Ownership: - Sumeru Equity Partners
Number of Employees: 230
Functional Markets: ERP Financial Management, ERP Services and Operations Management,
Key Verticals: Banking and Financial Services, Real Estate, Professional Services,
Buildium Key Enterprise and Cloud Applications
Buildium, Buildium eLease
Buildium 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.
Buildium Revenue Breakdown By Type, $M:
| Type | License | Services | Hardware | Support & Maintenance | SaaS |
|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Buildium Enterprise Applications Revenues By Functional Markets, $M:
Buildium Enterprise Applications Revenues By Verticals, $M:
Buildium Revenues By Region, $M
| Region | % of Total Revenues | 2019 Total Revenues, $M | 2019 Enterprise Applications Revenues, $M | 2019 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Buildium Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Buildium Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Buildium Customers
No. of Buildium Customers: 17000
No. of Buildium Enterprise Applications Customers: 17000
No. of Buildium Cloud Customers: 17000
No. of Buildium Cloud Subscribers: 17000
Buildium reaches a major customer milestone by surpassing 17,000 customers in 46 countries, totaling nearly one million residential units under management.
Buildium Market Opportunities, M&A and Geo Expansions
Recently it acquired All Property Management, an online marketing service for property managers.
In 2017 Buildium opens new offices in Portugal and St.Louis in order to expand customer service and tech support for customers. Buildium also launched its mobile apps for iOS and Android.
That was followed by new enhancements for new accounting reports and bank reconciliation delivering greater visibility into different aspects of property management for real estate professionals.
Buildium Risks and Challenges
Now that Buildium is acquired by RealPage, its sales directly depend on RealPage's selling performance. Also due to some changes in leadership, it could lead to different strategies across the company.
Buildium Ecosystem, Partners, Resellers and SI
Among its partners are Sand Dune Properties, Impulse Realty Property Management, A Plus Property Managers, Inc., Summit Land Development, Mega Agent Rental Management, Annapolis Property Services, Forest Haven HOA, Caxon Real Estate, Lighthouse Property Management, WOWza Realty, Property MgMt&More, UnCommon Property Realty, and others.
Buildium Cloud Infrastructure Insights
Subscribe to read more about:
- Buildium Public Cloud and Infrastructure (IaaS)
- Buildium Platform (PaaS)
- Buildium Application Delivery
- Buildium 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).
For additional information on our methodologies, here's the link:
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