NetSol Technologies Inc. Strengths, Domain Expertise, and Key Differentiators
NetSol’s offerings include its flagship global solution, NFS. A robust suite of four software applications that is an end-to-end solution for the asset finance industry covering the complete leasing and finance cycle starting from quotation origination through end of contract transactions and including digital channel support with intuitive mobile applications.
The four applications under NFS have been designed and developed for a highly flexible setting and are capable of dealing with multinational, multi-company, multi-asset, multi-lingual, multi-distributor and multi-manufacturer environments. Each application is a complete system in itself and can be used independently to address specific sub-domains of the leasing/financing cycle.
When used together, they fully automate the entire leasing/financing cycle for companies of any size, including those with multi-billion-dollar portfolios.
NFS Ascent, the Company’s next generation platform, offers a technologically advanced solution for the auto and equipment finance and leasing industry.
NFS Ascent’s architecture and user interfaces were designed based on the Company’s collective experience with global Fortune 500 companies over the past 40 years combined with UX design concepts.
The platform’s framework allows auto captive and asset finance companies to rapidly transform legacy driven technology into a state-of-the-art IT and business process environment.
At the core of the NFS Ascent platform is a lease accounting and contract processing engine, which allows for an array of interest calculation methods, as well as robust accounting of multi-billion-dollar lease portfolios in compliance with various regulatory standards.
NFS Ascent, with its distributed and clustered deployment across parallel application and high-volume data servers, enables finance companies to process voluminous data in a hyper speed environment.
With a low monthly service fee, start-up finance companies, regional banks, brokers, and dealers can have access to one of the industry’s most scalable, end-to-end solutions for leasing and lending originations and portfolio management.
LeasePak CLOUD streamlines every step of the finance life cycle – from contract origination to all middle and back office activities, straight through to contract end-of-term.
NetSol Technologies Inc. Recent Developments
In 2018, NETSOL Technologies, Inc. (NASDAQ: NTWK), a global business services and enterprise application solutions provider, has secured an agreement with a tier-one auto captive finance company to implement its NFS Ascent platform. The agreement is with a new customer who has a strong presence in China as well as the rest of the Asia-Pacific region. The five-year contract is valued at approximately $30 million.
NETSOL was chosen from a list of four potential vendors, all of which operate in the global auto and asset finance space. NETSOL, and its Ascent platform, was selected for its unmatched reputation in successfully executing projects of similar size and scope.
The new customer also evaluated candidates based on the following criteria: technology stack, functional coverage, automation tools, digitization and platform strength. After an extensive due diligence process, NETSOL’s Ascent was determined to be the most effective solution in terms of addressing the multi-layered regulatory, compliance and complex business processes in China
NetSol Technologies Inc. Mergers and Acquisitions (M&A) Activities
NetSol Technologies Inc. Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying NetSol Technologies Inc. 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 NetSol Technologies Inc. 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 LeasePak Cloud, NSF, LeaseSoft, NSF Ascent customers.
NetSol Technologies Inc. Overview
Ownership: - NASDAQ:NTWK
Number of Employees: 1350
NetSol Technologies Inc. Key Enterprise and Cloud Applications
LeasePak Cloud, NSF, LeaseSoft, NSF Ascent
NetSol Technologies Inc. Revenues, $M:
|Type/Year||2017||2018||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.
NetSol Technologies Inc. Revenue Breakdown By Type, $M:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
NetSol Technologies Inc. Enterprise Applications Revenues By Functional Markets, $M:
NetSol Technologies Inc. Enterprise Applications Revenues By Verticals, $M:
NetSol Technologies Inc. Revenues By Region, $M
|Region||% of Total Revenues||2018 Total Revenues, $M||2018 Enterprise Applications Revenues, $M||2018 Cloud Applications Revenues, $M|
NetSol Technologies Inc. Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
NetSol Technologies Inc. Customers - Breakdown by Geo, Size, Vertical and Product
No. of NetSol Technologies Inc. Customers: 200
No. of NetSol Technologies Inc. Enterprise Applications Customers: 200
No. of NetSol Technologies Inc. Cloud Customers: 0
No. of NetSol Technologies Inc. Cloud Subscribers: 10000
NetSol customers include world renowned auto manufacturers through their finance arms and large regional banks.
NetSol is a strategic business partner for Daimler (which consists of a group of many companies in different countries), which accounts for 36.3% of their revenue.
In 2018, NetSol made a $30m contract with Asia-Pacisifc region customer. NetSol has a total of 200 customers and 10000 users. Some of their most recent customers are: Speed Leasing, Daimler and others.
NetSol Technologies Inc. Market Opportunities, M&A and Geo Expansions
NetSol Technologies, together with MotoLease launched LeasePak Cloud in February 2018. The product is an all-inclusive cloud-based leasing and lending solution. In conjunction with the launch, NetSol will host the application in the Microsoft Azure cloud environment.
The scalable, secure and stable Azure environment enables LeasePak-CLOUD to deliver greater value to its partners, enabling them to use the technology in a highly flexible manner. This empowers them to generate more business faster while maintaining strong relationships with customers.
NetSol Technologies Inc. Risks and Challenges
NetSol Technologies has yet to improve its presence in other regions other than APAC.
A great deal of the company's total revenue comes from only one customer, exactly 36.3% from contract with Daimler.
NetSol Technologies Inc. Ecosystem, Partners, Resellers and SI
A great deal of contract are made directly.
NetSol Technologies Inc. Cloud Infrastructure Insights
Subscribe to read more about:
- NetSol Technologies Inc. Public Cloud and Infrastructure (IaaS)
- NetSol Technologies Inc. Platform (PaaS)
- NetSol Technologies Inc. Application Delivery
- NetSol Technologies Inc. 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).
For additional information on our methodologies, here's the link:https://www.appsruntheworld.com/About Us
Copyright © 2020, APPS RUN THE WORLD