Insightsoftware Strengths, Domain Expertise, and Key Differentiators
With a deep understanding of more than 130 ERP systems, Insightsoftware solutions provide clearer visibility for more effective decision making across the entire enterprise. Insightsoftware Hubble product is an integrated suite of performance management apps that offers reporting, analytics, and planning in a single, real-time solution that fully understands the ERP.
Insightsoftware Recent Developments
Insightsoftware, a global provider of enterprise software solutions for the Office of the CFO, today announced it has completed the integration of Bizview, the company’s enterprise performance management (EPM) planning and budgeting solution for small to mid-market companies, with its market-leading Spreadsheet Server and Jet Reports financial reporting tools. Proven with customers in Europe for more than 20 years, Bizview was recently launched to customers across North America as insightsoftware continues to integrate and expand its world-class portfolio of financial solutions.
In March 2019, Insightsoftware acquired BizNet Software, a leading software developer of Excel-based reporting and analytics solutions. With BizNets capabilities, Insightsoftware is expanding its family of market-leading reporting products and fortifying its ability to offer the ˜right for me" customer solutions, regardless of company size, the ERP/EPM they use, or their reporting environment preference. In the same period, Insightsoftware launched Hubble 19.0, the newest version of Hubble with more than 35 new features and fixes that make reporting, charting, and sharing data easier than ever.
In October 2018, Insightsoftware acquired Excel4apps, a provider of Microsoft Excel-based reporting software for Oracle E-Business Suite and SAP. With this acquisition, Insightsoftware further extends its international reach and technology footprint by bringing together the markets two leading Excel-based reporting solutions, along with a broader portfolio, including web-based applications and mobile visual analytics, to effectively create the industrys first centralized partner for financial reporting and enterprise performance management.
Insightsoftware Mergers and Acquisitions (M&A) Activities
In April 2021, insightsoftware has acquired Logi Analytics, provider of embedded analytics solutions for software providers. Addressing an emerging trend, the deal positions insightsoftware as a leader in integrating financial and operational reporting and expands the company’s market opportunity through embedded analytics for commercial software organizations and corporate application teams. Terms of the deal were not disclosed.
In April 2020, insightsoftware acquired Mekko Graphics, a global provider of data visualization and financial presentation software for enterprises. Terms of the deal were not disclosed. Mekko Graphics solutions enable financial professionals to automate the creation of visually compelling charts that help to clarify and drive strategic business decisions. The acquisition builds on insightsoftware’s strategy to offer a comprehensive portfolio of solutions for the Office of the CFO that simplifies, automates, and increasingly visualizes financial processes, such as reporting, planning, budgeting, and tax management. insightsoftware customers will benefit from the ability to instantly transform live enterprise data from ERP and EPM systems into sophisticated Excel and PowerPoint charts.
In May 2019, InsightSoftware acquired Jet Global Data Technologies, the market leader in reporting, analytics, and budgeting solutions for Microsoft Dynamics. The acquisition builds on Insightsoftwares strategy to deliver a broad portfolio of market-leading reporting platforms that allow organizations of any size to easily access and distribute meaningful financial and operational data. In particular, it strengthens Insightsoftwares advanced Excel-based reporting capabilities, designed specifically for users of Microsoft Dynamics, which is ranked among the worlds top six ERP reporting platforms and growing rapidly. It also solidifies Insightsoftwares commitment to the international partner network.
In June 2018, TA Associates made the acquisition and combination of Global Software and Insightsoftware International, two ERP reporting and corporate performance management software companies. The united company will be named Insightsoftware and will be led by the new Chief Executive Officer, Michael Lipps. The new company will be headquartered in Raleigh, North Carolina, with global offices in Denver, Colorado; London, England; and Perth, Australia.
Insightsoftware Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Insightsoftware 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 Insightsoftware 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 CXO Software, Atlas, Huble, Jet, Spreadsheet Server, Wands customers.
Ownership: - TA Associates
Number of Employees: 1000
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction and Real Estate, Consumer Packaged Goods, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil, Gas and Chemicals, Professional Services, Retail, Transportation, Utilites,
Insightsoftware Key Enterprise and Cloud Applications
CXO Software, Atlas, Huble, Jet, Spreadsheet Server, Wands
Insightsoftware Revenues, $M:
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* 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.
Insightsoftware Revenue Breakdown By Type, $M:
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Insightsoftware Enterprise Applications Revenues By Functional Markets, $M:
Insightsoftware Enterprise Applications Revenues By Verticals, $M:
Insightsoftware Revenues By Region, $M
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Insightsoftware Direct vs Indirect sales
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Insightsoftware Customers - Breakdown by Geo, Size, Vertical and Product
No. of Insightsoftware Customers: 28000
No. of Insightsoftware Enterprise Applications Customers: 28000
No. of Insightsoftware Cloud Customers: x
No. of Insightsoftware Cloud Subscribers: x
Insightsoftware has more than 500,000 users and over 28000 enterprise customers. Insightsoftware customers are Bassett Furniture, Coca-Cola Bottling Co., BMI, Klaussner Home Furnishings, Interfloor Limited, etc.
Insightsoftware Market Opportunities, M&A and Geo Expansions
In July 2021, insightsoftware attracts $1bn strategic investment from Hg to continue to scale as a platform and leader in financial reporting and EPM software. The Hg Saturn 2 Fund will make a c.$1 billion equity investment in insightsoftware to become a significant minority shareholder alongside TA Associates (“TA”) in a transaction valuing the business at an Enterprise Value of around $4 billion. TA and Hg will share joint control. As part of the transaction, insightsoftware will also continue to be supported by minority shareholders Genstar and ST6.
In February 2020, insightsoftware has acquired financial planning and tax software provider Longview. Terms of the deal were not disclosed.
Based in Toronto, with additional offices worldwide, Longview’s solutions enable CFOs and corporate finance and tax teams to be strategic leaders through software that elevates planning, consolidation, tax reporting, and analytics from the underlying data collection process. The company supports more than 100,000 users at 700 enterprise customers in more than 100 countries. Serving a diverse range of industries from financial services, technology, consumer packaged goods, and energy to higher education, construction, and industrials, Longview works with blue chip companies worldwide, including Deloitte, Samsung, Shell, BMW, Vodafone, Hasbro, and more. The acquisition of Longview also marks insightsoftware’s entrance into the corporate tax market, which is a high-growth area as multinational companies looking to automate the collection, analysis, and reporting of tax implications across various countries to improve profitability and strategic decision-making.
In September 2019, insightsoftware acquired a Sweden-based business performance management provider Bizview Systems. The acquisition marks insightsoftware’s entry into the Scandinavian market and will bring a wider range of budgeting and reporting capabilities to customers around the globe. With offices across Sweden and Norway, Bizview has thousands of customers of all sizes within a wide variety of industries. Outside of Scandinavia, the company serves customers through its international channel—which includes partners like leading European business software supplier Visma—bolstering insightsoftware’s expansive partner network and global reach.
In June 2019, InsightSoftware opened a new 32,000 square-foot corporate headquarters in Raleigh, N.C. The new location at the Forum office complex in North Raleigh is the result of a 130 percent increase in local employees and nearly doubles the companys space in the Raleigh area. Since its inception, Insightsoftware has seen a more than 300 percent revenue increase globally, fueled by its high-growth acquisition strategy and growing demand for its financial reporting solutions.
In October 2016 Insightsoftware acquired Antivia, a business intelligence (BI) software company and developer of the fast dashboard and information application creation solution, DecisionPoint. This acquisition expanded Insightsoftware's market reach beyond the Oracle and JD Edwards Enterprise Resource Planning (ERP) ecosystem, which is currently served by the Hubble Corporate Performance Management (CPM) suite, and into the SAP ERP markets.Also, Insightsoftware will leverage Antivia's platform and expertise to accelerate its reach into the SAP ERP market, which will effectively triple its addressable market. The Antivia acquisition reinforces Insightsoftware's focus on providing a complete CPM suite with deep ERP integrations, allowing the company to better service the $3 billion CPM market segment of BI.
Insightsoftware Risks and Challenges
Spreadsheet based consolidation only introduces more risk, data errors, stress, and frustration to your daily life. A real-time connection to all of client data sources gives customers a complete view of current business standing anywhere, anytime. Generate consolidated financial statements from a single source of truth for faster, more accurate consolidation, close, and reporting cycles. Hubble's tends to have a real-time smart connection to the ERPs.
Insightsoftware Ecosystem, Partners, Resellers and SI
In May 2020 insightsoftware stepped into partnership with HSolutions, a data management and consulting company in Helsinki, Finland. As a partner, HSolutions will provide integrated strategic performance reporting for leading EPM customers by offering insightsoftware’s financial reporting and dashboarding solution, CXO Software.
In October 2018, Insightsoftware announced a new partnership with MRI Software, a provider of real estate and investment management software. This partnership will include an enhanced reporting solution for all MRI Platform X enterprise resource planning (ERP) software customers: Spreadsheet Server MRI Edition.
Insightsoftware Cloud Infrastructure Insights
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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).
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