Follett School Solutions Recent Developments
In July 2018 Follett acquired Fishtree, a leading adaptive learning platform that streamlines both the technical integration and educational adoption of personalized learning in school classrooms. Follett will integrate the machine-based learning tools of Fishtree within Follett’s industry-leading Destiny content and resource management platform used by more than 70,000 schools and school districts across North America. Terms of the transaction were not disclosed. The Fishtree platform brings together district-wide resources for every subject, aligns them to any standard or competency and then personalizes the experience for each student based on specific learning profiles while providing a streamlined user experience for the educator and administrator. Fishtree’s ability to scale personalized 1:1 instruction with adaptive instruction is driven by specific learner profiles. Educators can build highly engaging lessons with resources from digital texts, user-developed content, open resources, and even real-time content. These resources are automatically aligned and lessons personalized with deep insights into achievement gaps and efficacy. Teachers can build their own assessments, draw from other assessments, and auto-build assessments from content. Teachers have reported more than 50 percent time savings on building rich and personalized lessons, and students have seen performance gains of over 10 percent after three months.
Follett School Solutions M&A Activities
In 2016, Follett acquired Valore Inc. and the ValoreBooks marketplace solution for students and bookstores to buy, sell and rent college textbooks online. Combining the convenience of the ValoreBooks marketplace with the scope and capabilities of Follett will provide campus stores and students greater access to more affordable course material options.
Follett School Solutions Overview
Ownership: - x
Employees: 12000
Functional Market: ERP Services and Operations Management,
Key Verticals: Education,
Follett School Solutions Key Enterprise & Cloud Applications
Follett Destiny ,
SCORES Analysis
Follett School Solutions Strengths
Follett School Solutions is one of the five divisions of Follett Corporation, a $2.7 billion company with more than 10,000 employees. Follett School Solutions specializes in applications and educational materials to Pre K-12 libraries, classrooms, learning centers and school districts worldwide. Follett’s strengths lie in integrated educational technology for the school market selling student information systems as well as digital library management systems.
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- Key differentiators
- Domain Expertise
- Product portfolio
- Solution scope
Follett School Solutions Revenues, $M:
| Type/Year | 2016 | 2017 | 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.
Follett School Solutions 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 |
Follett School Solutions Enterprise Applications Revenues By Functional Markets, $M:
Follett School Solutions Enterprise Applications Revenues By Verticals, $M:
Follett School Solutions Revenues By Region, $M
| Region | % of Total Revenues | 2017 Total Revenues, $M | 2017 Enterprise Applications Revenues, $M | 2017 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Follett School Solutions Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Follett School Solutions Customers
No. of Customers: Subscribe
No. of Enterprise Applications Customers: Subscribe
No. of Cloud Customers: Subscribe
No. of Cloud Subscribers: Subscribe
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- Reference wins across regions
- Customer Size segments
- Customer wins momentum
Follett School Solutions Opportunities
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- Market Opportunities at the vertical and subvertical levels
- Mergers and Acquisitions (M&A), Funding
- Geo Expansions
Follett School Solutions Risks
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- Ability to handle internal and external risk and challenges
Follett School Solutions Ecosystem
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- Health of ecosystem
- Network Effects of BPO, ISV, SI
- VAR Partners
- Direct vs Indirect sales
Follett School Solutions Cloud Infrastructure Insights
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- Cloud Infrastructure (IaaS)
- Cloud Platform (PaaS)
- Cloud Application delivery (SaaS)
- Data Center (Hosting)
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:
https://www.appsruntheworld.com/https://www.appsruntheworld.com/offerings
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