Quorum Business Solutions Recent Developments
In August 2018, Quorum Software was acquired by Thoma Bravo, a private equity investment firm to advance their strategic goal of shaping the modern energy workplace through delivering innovative mobile and cloud-based software platforms and services.
Quorum Business Solutions M&A Activities
In March 2016, Quorum acquired ePrime from Retama Resources, LLC. A Texas-based business process outsourcing (BPO) services provider, ePrime offered complete upstream oil and gas accounting and administrative services powered by Quorum software. The acquisition of ePrime augments Quorum's BPO services for the midstream oil and gas industry to include comprehensive BPO services for upstream.
Quorum Business Solutions Overview
Ownership: - Thoma Bravo
Employees: 500
Functional Market: ERP Services and Operations Management,
Key Verticals: Manufacturing, Oil, Gas and Chemicals, Utilities,
Quorum Business Solutions Key Enterprise & Cloud Applications
Quorum Financial Accounting,
SCORES Analysis
Quorum Business Solutions Strengths
In June 2018, Quorum Software released myQuorum Platform Spring 2018 update. The same year, Quorum launched its technology evolution with myQuorum Data Hub, a platform extension, which helps companies realize the strategic value of their most critical asset – information. The platform was for the first time promoted in February, 2016.
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- Key differentiators
- Domain Expertise
- Product portfolio
- Solution scope
Quorum Business Solutions Revenues, $M:
| Type/Year | 2016 | 2017 | 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.
Quorum Business Solutions 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 |
Quorum Business Solutions Enterprise Applications Revenues By Functional Markets, $M:
Quorum Business Solutions Enterprise Applications Revenues By Verticals, $M:
Quorum Business Solutions Revenues By Region, $M
| Region | % of Total Revenues | 2017 Total Revenues, $M | 2017 Enterprise Applications Revenues, $M | 2017 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Quorum Business Solutions Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Quorum Business Solutions Customers
No. of Customers: Subscribe
No. of Enterprise Applications Customers: Subscribe
No. of Cloud Customers: Subscribe
No. of Cloud Subscribers: Subscribe
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- Reference wins across regions
- Customer Size segments
- Customer wins momentum
Quorum Business Solutions Opportunities
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- Market Opportunities at the vertical and subvertical levels
- Mergers and Acquisitions (M&A), Funding
- Geo Expansions
Quorum Business Solutions Risks
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- Ability to handle internal and external risk and challenges
Quorum Business Solutions Ecosystem
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- Health of ecosystem
- Network Effects of BPO, ISV, SI
- VAR Partners
- Direct vs Indirect sales
Quorum Business Solutions Cloud Infrastructure Insights
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- Cloud Infrastructure (IaaS)
- Cloud Platform (PaaS)
- Cloud Application delivery (SaaS)
- Data Center (Hosting)
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:
https://www.appsruntheworld.com/https://www.appsruntheworld.com/offerings
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