Explorance Strengths, Domain Expertise, and Key Differentiators
Explorance is a Journey Analytics provider that empowers organizations in making the right decisions with fact-based feedback data. Through its main offerings Blue and Metrics That Matter (MTM), Explorance is at the heart of the learning organization's continuous improvement strategy. Founded in 2003, Explorance is headquartered in Montreal with business units in Chicago, Chennai, Melbourne, Amman, and London. Since 2014, Explorance has been consecutively ranked as a top employer by the Great Places to Work Institute®. Explorance's clients include a wide variety of learning organizations from various segments including academia, enterprise, consulting, and government across the globe.
Explorance Recent Developments
Explorance launched Bluepulse. Bluepulse is fluid where feedback and meaningful information can be easily passed and discussed between people. That means you can be alerted to an opportunity to improve or resolve issues promptly. This also gives you the ability to be more proactive and less reactive to situations so that nothing and no one is left behind.
Explorance Mergers and Acquisitions (M&A) Activities
eXplorance acquired Metrics That Matter (MTM), which is being divested from Gartner, Inc. MTM is a leading provider of Learning & Development (L&D) data and analytics solutions for the corporate market. The addition of MTM will enable Explorance to offer both its existing clients as well as MTM’s clients an even more robust and specialized solution across market segments. MTM’s SaaS-based platform caters to large organizations, enabling them to continually measure, evaluate, and increase the effectiveness of their L&D investment. Underpinned by proprietary research-based methodologies and benchmarks, the platform empowers clients to eliminate wasted program expenses, maximize impact from L&D programs, and align results with broader corporate objectives. MTM supports strategic talent decisions, moving beyond big data to optimizing workforce learning investments against the most business-critical skills and competencies.
Explorance Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Explorance 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 Explorance 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 Blue, Bluepulse, Bluex, Metrics, customers.
Explorance Overview
Ownership: - x
Number of Employees: 250
Functional Markets: Collaboration, HCM, PaaS,
Key Verticals: Banking and Financial Services, Communication, Consumer Packaged Goods, Distribution, Higher Education, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services, Retail,
Explorance Key Enterprise and Cloud Applications
Blue, Bluepulse, Bluex, Metrics,
Explorance Revenues, $M:
| Type/Year | 2020 | 2021 | 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.
Explorance 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% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Explorance Enterprise Applications Revenues By Functional Markets, $M:
Explorance Enterprise Applications Revenues By Verticals, $M:
Explorance Revenues By Region, $M
| Region | % of Total Revenues | 2021 Total Revenues, $M | 2021 Enterprise Applications Revenues, $M | 2021 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Explorance Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Explorance Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Explorance Customers
No. of Explorance Customers: 1000
No. of Explorance Enterprise Applications Customers: x
No. of Explorance Cloud Customers: x
No. of Explorance Cloud Subscribers: 9 million
Explorance has over 1,000 customers in 45 countries around the world. Among its customers are The University of Montana – Missoula, Dallas Baptist University (DBU), Eastern Mennonite University (EMU), The University of Strathclyde, loanDepot, Witz Education and many others.
Explorance Market Opportunities, M&A and Geo Expansions
Explorance doubled its European client base in the past year. With the opening of new European offices, Explorance will be able to better partner with its growing European clients.
Explorance Risks and Challenges
Developing strong branding across EMEA and other regions could take some time.
Explorance Ecosystem, Partners, Resellers and SI
Explorance partnered with Canvas, the Learning Management System (LMS) created by Instructure, to offer Explorance’s all-in-one evaluation and feedback systems to all Instructure clients within the Canvas platform interface.
Explorance Cloud Infrastructure Insights
Subscribe to read more about:
- Explorance Public Cloud and Infrastructure (IaaS)
- Explorance Platform (PaaS)
- Explorance Application Delivery
- Explorance 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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