Mavenlink Strengths, Domain Expertise, and Key Differentiators
Mavenlink offers project management, resource planning, collaboration, financial analytics, billable and non-billable time tracking, and invoicing capabilities, all in a single application. The company's unique solution blends robust project and collaboration workspace (PCW) capabilities with extensive program and portfolio management (PPM) features for organizations that deliver professional services. The company's SaaS solution enables businesses of any size to manage all aspects of service delivery from start to finish.
In the beginng of 2019, Mavenlink made two new integrations with Microsoft Dynamics 365 for Sales and Finance and Operations. The integration enables customers to save time and cut costs by easily and thoughtfully connecting Mavenlink with Microsoft solutions. Using Mavenlink M-Bridge and Microsoft Azure, the connection of Mavenlink with Dynamics 365 for Sales and Finance and Operations automates project creation and demand forecasting from the CRM, while synchronizing time, expense, invoicing, and cash information with the ERP system. It enables a full quote-to-cash process for professional and marketing services businesses using Dynamics 365 for Sales and Finance and Operations.
In August 2018, Mavenlink Introduced Mavenlink M-Bridge, an unprecedented domain-specific integration platform that enables professional and marketing services organizations to quickly and thoughtfully connect key apps with their operational system of record, to support effective business execution. Mavenlink M-Bridge is an OpenAPI-based integration and extensibility platform that enables service-centric organizations to eliminate silos and disconnected processes by simply integrating key systems in the tech stack, and easily extending the capability of Mavenlink, leveraging a highly flexible API. Pre-built integrations for a number of the top applications used in services industries are made available through the platform, including: Salesforce, NetSuite, Microsoft Dynamics, Quickbooks, Intacct, Google G-Suite, and Slack.
Mavenlink Recent Developments
In February 2019, Mavenlink launched Personal Utilization Manager for project team members. The new capabilities enable team members to manage and gauge their performance against their billable utilization targets. Over the past two years, Mavenlink expanded its geographic presence in Europe and Asia-Pacific with the opening of its first European office in London in May 2017 and its Asia-Pacific in Melbourne one year later.
Mavenlink Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Mavenlink 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 Mavenlink 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 Mavenlink customers.
Ownership: - x
Number of Employees: 350
Functional Markets: Project Portfolio Management,
Key Verticals: Professional Services,
Mavenlink Key Enterprise and Cloud Applications
Mavenlink Revenues, $M:
|Type/Year||2018||2019||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.
Mavenlink Revenue Breakdown By Type, $M:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
Mavenlink Enterprise Applications Revenues By Functional Markets, $M:
Mavenlink Enterprise Applications Revenues By Verticals, $M:
Mavenlink Revenues By Region, $M
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 Enterprise Applications Revenues, $M||2019 Cloud Applications Revenues, $M|
Mavenlink Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Mavenlink Customers - Breakdown by Geo, Size, Vertical and Product
No. of Mavenlink Customers: 2500
No. of Mavenlink Enterprise Applications Customers: 2500
No. of Mavenlink Cloud Customers: x
No. of Mavenlink Cloud Subscribers: 84000
Mavenlink is leveraged by thousands of professional services and marketing services organizations. The company’s growing client base includes progressive companies like Salesforce.com, Qualtrics, Vizient, WPP, Genpact, IPG, Cornerstone OnDemand, BuzzFeed, Acquia, DP Engineering, Blue State Digital, Aviana, Cake.
Mavenlink Market Opportunities, M&A and Geo Expansions
Mavenlink announced $48 million in Series E financing led by existing investors, Carrick Capital Partners and Goldman Sachs Growth Equity. Mavenlink’s technology unifies all essential functions of services organizations, allowing them to plan and deliver work, manage project financials and resources, and collaborate with distributed teams and clients. By centralizing all critical operational processes and related business data on a single platform, Mavenlink offers these organizations unrivaled productivity, visibility, and control, which leads to significantly improved business performance.
Mavenlink Risks and Challenges
Migration to the cloud is work in progress.
Mavenlink Ecosystem, Partners, Resellers and SI
In April 2019, Mavenlink partnerd with Clearvision that will enable joint customers using Atlassian Jira—the number one software development tool used by agile teams—to better manage the business of agile development. Leveraging Mavenlink’s integrated solution for Jira, agile teams are able to gain unrivaled visibility and control over software development project portfolios, financials, and resourcing information.
In December 2017, Mavenlink made partrnership with Slack for integration with the popular digital workspace trusted by more than six million daily users. The new Slack integration allows customers to seamlessly sync information from Mavenlink to a preferred Slack channel. Changes to projects and tasks such as due date, priority, pricing changes, and status, are automatically communicated in Slack. In addition to Slack, Mavenlink also integrates with other leading enterprise resource planning, CRM, accounting, agile development, productivity, and document management solutions, such as Salesforce, Netsuite, Intacct, Oracle, SAP, Workday, Jira, Google Drive, Xero, and Expensify. Each connection is powered by a cutting-edge extensible integration platform that eliminates the need for costly middleware and enables system administrators to tailor the solution to their needs.
Mavenlink Cloud Infrastructure Insights
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- Mavenlink Public Cloud and Infrastructure (IaaS)
- Mavenlink Platform (PaaS)
- Mavenlink Application Delivery
- Mavenlink Private Cloud and Data Centers
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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