Periscope Holdings Strengths, Domain Expertise, and Key Differentiators
For Buyers, Periscope offers an eProcurement software suite, BuySpeed, holds the exclusive license to maintain, enhance, and market the NIGP Commodity/Services Code, and manages the NIGP Consulting Program.
For Suppliers, Periscope offers government bid notifications, spend analytics tools and proposal writing services. Their solutions help suppliers win more government business and build better relationships with buyers.
Periscope Holdings Recent Developments
In November 2019, Periscope Holdings announced The State of Oregon is implementing a new eProcurement system that will transform the procure-to-pay process for state agencies.OregonBuys, which is powered by Periscope’s BuySpeed eProcurement system, is the statewide eProcurement solution for all state agencies.
In June 2019, Periscope Holdings announced that the State of Nevada has successfully completed a punchout from their Periscope Holdings’ eProcurement system NevadaEPro to Amazon Business. The punchout allows Nevada buyers to shop on Amazon Business within the NevadaEPro system. The State of Nevada implemented Periscope Holdings eProcurement technology in 2017 to automate the entire procure-to-pay process. Branded NevadaEPro, the technology enables Nevada to fulfill all the needs of its state and local agency buyers in one place – efficiently, compliantly and transparently.
In May 2019, Periscope Holdings announced that the Minnesota Multistate Contracting Alliance for Pharmacy (MMCAP) has successfully gone live with BuySpeed eProcurement technology. MMCAP is using Periscope’s BuySpeed eProcurement platform to manage its sourcing of a full range of pharmaceuticals, vials and containers, medical supplies, drug testing, returned goods processing, influenza vaccine, and dental supplies.
Periscope Holdings Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Periscope Holdings 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 Periscope Holdings 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 Periscope BuySpeed, BidSync, Marketplace customers.
Periscope Holdings Overview
Ownership: - x
Number of Employees: 130
Functional Markets: Analytics and BI, Procurement,
Key Verticals: Automotive, K12, Higher Education, Federal Government, State and Local Government, Faith Based Nonprofit, Youth and Elderly Care Nonprofit, Professional Services,
Periscope Holdings Key Enterprise and Cloud Applications
Periscope BuySpeed, BidSync, Marketplace
Periscope Holdings 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.
Periscope Holdings Revenue Breakdown By Type, $M:
| Type | License | Services | Hardware | Support & Maintenance | SaaS |
|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Periscope Holdings Enterprise Applications Revenues By Functional Markets, $M:
Periscope Holdings Enterprise Applications Revenues By Verticals, $M:
Periscope Holdings Revenues By Region, $M
| Region | % of Total Revenues | 2019 Total Revenues, $M | 2019 Enterprise Applications Revenues, $M | 2019 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Periscope Holdings Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Periscope Holdings Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Periscope Holdings Customers
No. of Periscope Holdings Customers: 900
No. of Periscope Holdings Enterprise Applications Customers: 900
No. of Periscope Holdings Cloud Customers: x
No. of Periscope Holdings Cloud Subscribers: x
Periscope Holdings powers government procurement systems, including 7 States and 145 cities, counties, special districts, higher education and non-profit organizations.
Periscope Holdings Market Opportunities, M&A and Geo Expansions
In Octomber 2019, Periscope Holdings appointed David Landsman to Lead the Marketplace for Government Buyers and Suppliers. David is former SAP Ariba executive that will leverage more than 15 years of strategic sourcing and e-commerce experience to direct the strategy and execution of the Periscope Marketplace.
In September 2018, Periscope Holdings introduced an entirely new government bid experience for suppliers, powered by artificial intelligence (AI). The completely rebuilt BidSync supplier application leverages machine-learning technology to deliver the most relevant, winnable government opportunities for each user. Smart enough to automatically filter out bids that are irrelevant to each supplier’s individual business, the new BidSync boasts a host of new features that save subscribers valuable time finding and evaluating bids, including: a savvy user interface, an AI-powered relevance engine, expanded bid details, powerful search capabilities and a visual relevance indicator.
Periscope Holdings Risks and Challenges
Expanding sales outside United States will be a challenge.
Periscope Holdings Ecosystem, Partners, Resellers and SI
Periscope's cooperative partners are Purchasing Solutions Alliance, DIR, Shi. Among their services and consulting partners are Government Sourcing Solutions, BT Consulting. Periscope technology partners include NIC, Agiloft, BlueSnap, ProposalHelper. Additionally, Periscope has partnered with such supplier partners as Fisher Scientific, HP, Grainger, Office Depot, Staples, Schools Specialty and others.
Periscope Holdings Cloud Infrastructure Insights
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- Periscope Holdings Public Cloud and Infrastructure (IaaS)
- Periscope Holdings Platform (PaaS)
- Periscope Holdings Application Delivery
- Periscope Holdings 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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