Procore Strengths, Domain Expertise, and Key Differentiators
Procore Technologies provides cloud-based construction software to clients across the globe. Using its suite of project management tools, hundreds of thousands of registered Procore users manage all types of construction projects including industrial plants, office buildings, apartment complexes, university facilities, retail centers, and more. Procore helps firms drastically increase project efficiency and accountability by streamlining and mobilizing project communications and documentation.
Procore Recent Developments
In October 2019, Procore Technologies, Inc. welcomed over 4,000 construction professionals to Groundbreak, the company's annual conference that brings together everyone in construction for three days of networking, learning, and innovation.
Last year's event highlighted Procore's mission to connect everyone in construction on a global platform, with the introduction of product and platform advancements including Procore for Owners, Procore Analytics, and Embedded Experience, alongside the launch of Procore Community.
Procore Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Procore 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 Procore 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 Procore Project Management Software customers.
Ownership: - x
Number of Employees: 2300
Procore Key Enterprise and Cloud Applications
Procore Project Management Software
Procore 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.
Procore Revenue Breakdown By Type, $M:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
Procore Enterprise Applications Revenues By Functional Markets, $M:
Procore Enterprise Applications Revenues By Verticals, $M:
Procore Revenues By Region, $M
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 Enterprise Applications Revenues, $M||2019 Cloud Applications Revenues, $M|
Procore Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Procore Customers - Breakdown by Geo, Size, Vertical and Product
No. of Procore Customers: 8000+
No. of Procore Enterprise Applications Customers: 8000
No. of Procore Cloud Customers: x
No. of Procore Cloud Subscribers: 1300000
Procore has 8K+ customers including ABLe Communications, Inc., Asturian Group, Inc, BBE, BBL Construction Services, The Beck Group, Boston Children's Hospital, Brookfield Properties, AMP Electric, Consigli, FSG, Dominion Mechanical, KBD Group, and many others.
Procore Market Opportunities, M&A and Geo Expansions
In a move to provide field teams with a project management application that makes it effortless to access and share the information needed to run an efficient, productive Jobsite, Procore partnered with Apple to completely redesign the Procore iOS app for iPhone and iPad. They've also introduced Procore Labor Tracking, the latest product offering, designed to equip contractors with the tools they need to manage productivity and utilization of labor on the construction site.
Procore Risks and Challenges
The company has a potential risk for human resistance when new technologies are introduced to users.
Procore Ecosystem, Partners, Resellers and SI
Procore has referral partners, partners with mutual ownership of a solution, or partners who build one together. Among them are: Xero, Sage, Box, Oracle, Okta, Cosential, Egnyte, Docusign, Smartvid, Smartsheet, and many others.
Procore had more net new users in emerging markets such as Australia and New Zealand, expanding further across Canada, and recently in the UK with their newest office located in London.
Procore Cloud Infrastructure Insights
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- Procore Public Cloud and Infrastructure (IaaS)
- Procore Platform (PaaS)
- Procore Application Delivery
- Procore 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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