Follett School Solutions Strengths, Domain Expertise, and Key Differentiators
Follett School Solutions’ products include the Destiny Library Manager used by many US K–12 school libraries, the Aspen Student Information System, and the Titlewave ecommerce platform, which it uses to distribute print and digital content for educational institutions.
Follett School Solutions Recent Developments
In September 2021, Follett School Solutions and Nash Consulting, LLC, today announced a partnership to integrate the Follett Aspen Student Information System with Nash Consulting’s MyFlexLearning, a flexible scheduling platform. Together, the two systems give schools the benefit of the robust Aspen master scheduler and the ability to provide flexible and personalized daily offerings for students via MyFlexLearning.
Follett School Solutions Mergers and Acquisitions (M&A) Activities
In September 2021, Follett Corporation announced the sale of Follett School Solutions (FSS), the company’s K-12 software and content division, to Francisco Partners, a leading technology-focused global investment firm. Follett School Solutions, based in McHenry, IL, is a longtime trusted educational partner to K-12 schools and districts that provides software and content products, including Follett Destiny, FSS’ market-leading library management system with installations in more than 75,000 K-12 schools worldwide. FSS will join Francisco Partners’ growing portfolio of K-12 education-focused businesses and technologies, including Renaissance Learning, Discovery Education, Freckle, myON and Mystery Science.
Follett School Solutions Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Follett School Solutions 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 Follett School Solutions 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 Follett Destiny, Follett MyDestiny customers.
Follett School Solutions Overview
Ownership: - Francisco Partners
Number of Employees: 1500
Functional Markets: ERP Services and Operations, HCM,
Key Verticals: Education,
Follett School Solutions Key Enterprise and Cloud Applications
Follett Destiny, Follett MyDestiny
Follett School Solutions Revenues, $M:
| Type/Year | 2019 | 2020 | 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 | 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 |
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 | 2020 Total Revenues, $M | 2020 Enterprise Applications Revenues, $M | 2020 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 - Breakdown by Geo, Size, Vertical and Product
List of Verified Follett School Solutions Customers
No. of Follett School Solutions Customers: 71000
No. of Follett School Solutions Enterprise Applications Customers: 71000
No. of Follett School Solutions Cloud Customers: x
No. of Follett School Solutions Cloud Subscribers: x
Follett Destiny suite of tools powers learning in more than 71,000 schools including New York City Department of Education, Philadelphia City School District, Charlotte-Mecklenburg School District, Miami-Dade County Public School District, Houston Independent School District, Clark County (Nev.) School District, and Los Angeles Unified School District.
Follett School Solutions Market Opportunities, M&A and Geo Expansions
In October 2021, Follett School Solutions announced that Follett MyDestiny, its one-stop digital classroom library, features 50,000 safe, vetted K-12 educational videos from leading and trusted content providers. The videos are the result of a new partnership between Follett and boclips, a provider of educationally rich, rights-cleared videos.
Follett School Solutions Risks and Challenges
The change of ownership of Follett Schools Solutions from Follett Corporation to Francisco Partners might have negative effects on the company's further growth and expansion.
Follett School Solutions Ecosystem, Partners, Resellers and SI
Follett School Solutions offers an open platform that extends and enhances the capabilities of our Follett Destiny Library Manager, Follett Destiny Resource Manager, and Follett Aspen Student Information System via our API Partner Program and third-party connector suite, empowering you to implement time- and cost-saving integrations. Some of their API partners are InTouch Receipting, Microsoft Education, SchoolPay, and MySchoolBucks. Some of their Integration Partners are Blackbaud, Clever, Crisis Go, Edsby, Google for Education, and Registration Gateway.
Follett School Solutions Cloud Infrastructure Insights
Subscribe to read more about:
- Follett School Solutions Public Cloud and Infrastructure (IaaS)
- Follett School Solutions Platform (PaaS)
- Follett School Solutions Application Delivery
- Follett School Solutions 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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