Fluence Technologies Strengths, Domain Expertise, and Key Differentiators
Fluence Technologies is in the market with a no-code midmarket financial consolidation solution that is purpose-built to be easily owned and maintained by finance, all while providing the power and functionality of the most robust and proven solutions.
Fluence Technologies Recent Developments
In November 2021, Fluence acquired XLCubed, Ltd., a data-connected, Excel-centric reporting and analytics software. The acquisition builds on Fluence’s strategy to deliver a broad technology platform to address the varied needs of organizations throughout the financial consolidation, close and reporting processes. In particular, XLCubed provides Fluence with world-class financial reporting, analytics and dashboarding capabilities designed specifically for the self-service needs of finance and business professionals.
Fluence Technologies Mergers and Acquisitions (M&A) Activities
In July 2022, Fluence Technologies aquired Sturnis365, a provider of intelligent, collaborative disclosure management and narrative reporting solutions. Sturnis365 serves dozens of public, private and pre-IPO customers across Europe including AB InBev, Enel Group, Rothschild & Co., Bouygues Group, Ferragamo and KBC Bank. Like Fluence, Sturnis365 offers a familiar Microsoft Office interface and domain-specific workflow to automate collaborative report production, combining company wide data and narrative text.
Fluence Technologies Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Fluence Technologies 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 Fluence Technologies 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 Fluence Technologies Consolidation customers.
Fluence Technologies Overview
Ownership: - x
Number of Employees: 70
Functional Markets: EPM, ERP Financial,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K469, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Fluence Technologies Key Enterprise and Cloud Applications
Fluence Technologies Consolidation
Fluence Technologies 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.
Fluence Technologies 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 |
Fluence Technologies Enterprise Applications Revenues By Functional Markets, $M:
Fluence Technologies Enterprise Applications Revenues By Verticals, $M:
Fluence Technologies 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 |
Fluence Technologies Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Fluence Technologies Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Fluence Technologies Customers
No. of Fluence Technologies Customers: 900
No. of Fluence Technologies Enterprise Applications Customers: 900
No. of Fluence Technologies Cloud Customers: 900
No. of Fluence Technologies Cloud Subscribers: x
Fluence serves over 900 customers worldwide. The company currently serves mid-market companies across North America and Europe.
Fluence Technologies Market Opportunities, M&A and Geo Expansions
Fluence aquired Sturnis365 six months after acquiring self-serve, Excel-centric reporting software vendor XLCubed, and three months after unveiling its purpose-built account reconciliation and transaction matching solution. As a result, Fluence now has an end-to-end consolidation, close and reporting solution, and over 900 customers worldwide. In 2021, Fluence grew customer acquisition by 3x, annual recurring revenue (ARR) by 4x, and international partnerships by 2x.
In May 2021, Fluence closed a $10 million USD Series A round from Banneker Partners
Fluence Technologies Risks and Challenges
This market is fragmented, rapidly evolving, and highly competitive.
Fluence Technologies Ecosystem, Partners, Resellers and SI
In 2022, Fluence launched of its new PartnerStack portal supporting its new Referral Partner and Reseller Partner programs. Fluence’s partnerships grew by more than 100% in 2021.
In June 2022, Fluence partnered with pmOne Group. The partnership extends the pmOne modular offering for the optimization of critical finance processes, and strengthens Fluence's growing presence in Europe.
Fluence Technologies Cloud Infrastructure Insights
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- Fluence Technologies Public Cloud and Infrastructure (IaaS)
- Fluence Technologies Platform (PaaS)
- Fluence Technologies Application Delivery
- Fluence Technologies 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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