Nintex Strengths, Domain Expertise, and Key Differentiators
The Nintex process platform quickly and easily standardizes workflows and automates business processes to help companies save time, save money, and improve their customer and employee experience.
Nintex Recent Developments
In October 2021, Nintex entered into a definitive agreement to sell a majority stake of the company to TPG Capital. Nintex's current majority investor, Thoma Bravo, plans to make a new equity investment in the company and maintain a significant minority interest. The transaction is expected to be completed by the end of 2021.
Additionally, in October 2021, Nintex announced the latest enhancements to its next-gen cloud automation platform, Nintex Workflow Cloud, including the new security and authorization milestones, enhanced governance features, workflow tracking for business owners, and intelligent forms integration.
Nintex Mergers and Acquisitions (M&A) Activities
In February 2022, Nintex, a process intelligence and automation software company, acquired Kryon, a robotic process automation (RPA) vendor, to further extend the intelligent process automation (IPA) capabilities of the Nintex Process Platform.
In June 2021, Nintex acquired AssureSign, an electronic signature digital transaction management (DTM) software provider. This will help Nintex meet customer demand for a native eSignature capability within the Nintex Process Platform.
Nintex Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Nintex 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 Nintex 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 Nintex Workflow Cloud, Nintex Promapp, Nintex K2 Cloud, Nintex K2 Five, Nintex RPA customers.
Ownership: - TPG Capital
Number of Employees: 1000
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K101, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Nintex Key Enterprise and Cloud Applications
Nintex Workflow Cloud, Nintex Promapp, Nintex K2 Cloud, Nintex K2 Five, Nintex RPA
Nintex Revenues, $M:
|Type/Year||2020||2021||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.
Nintex 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%|
Nintex Enterprise Applications Revenues By Functional Markets, $M:
Nintex Enterprise Applications Revenues By Verticals, $M:
Nintex Revenues By Region, $M
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 Enterprise Applications Revenues, $M||2021 Cloud Applications Revenues, $M|
Nintex Direct vs Indirect sales
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Nintex Customers - Breakdown by Geo, Size, Vertical and Product
No. of Nintex Customers: 10000
No. of Nintex Enterprise Applications Customers: 10000
No. of Nintex Cloud Customers: 10000
No. of Nintex Cloud Subscribers: x
More than 10,000 organizations around the world use software solutions from Nintex to improve and digitize enterprise-wide business processes. In June 2021, Nintex reported that chemical distribution company A S Harrison & Co standardized on Nintex Promapp to improve the way business processes are documented and managed. In July, Pallas Capital, the debt and equity investment manager, deployed Nintex Promapp, a visual and easy-to-use process mapping and management capability of the Nintex Process Platform. Nintex also revealed that the City of Greater Geelong had chosen Nintex Promapp to support the council's digital transformation and modernization efforts. In November, Nintex announced that Scott's Refrigerated Logistics had standardized on Nintex Promapp to deliver business process consistency across the company's seven divisions.
Nintex Market Opportunities, M&A and Geo Expansions
In late 2021, Nintex agreed to sell a majority of its stock to private equity firm TPG Capital, while its current majority investor agreed to make additional capital investments. This increased investment gives Nintex the opportunity to grow and develop its product offerings.
Nintex Risks and Challenges
Nintex warns that it is not enough to simply sell its process automation enterprise apps to businesses. Changes must align with the overall strategy and vision of a business to give those changes credibility and help staff understand the need for them. So, it is crucial that businesses should consider appointing project champions from among staff across all departments, to help boost project credibility among staff. Project champions should also collaborate with stakeholders to spot items that are missed and correct those errors as quickly as possible, so as to minimize risks to the process. They should also get continuous feedback from staff. Despite such efforts, there may be staff who resist process automation because they see no need for it or fear their roles may be automated out of existence. Champions should spend time with them and explain what the changes will mean for them. Then once process automation has been implemented, project champions should broadcast the benefits it delivers to the business, staff, and clients, to make any lingering resistance disappear. This process is proving very delicate and complex, and subsequently, it may deter companies from applying it.
Nintex Ecosystem, Partners, Resellers and SI
In August 2021, Nintex selected RICOH Australia as a Nintex Premier Partner. This further enables the company to successfully fulfill the requirements of Australian enterprises for digital workplace transformation. The Nintex Partner Program is focused on enabling and rewarding partners that support and sell the company's software solutions, this considerably helps its network of partners to achieve milestones, including revenue goals, professional sales training, and delivering a successful partnership for both organizations.
Nintex Cloud Infrastructure Insights
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- Nintex Public Cloud and Infrastructure (IaaS)
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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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