Roper Technologies, Inc. Among Cloud Top 500

6901 Professional Parkway East Suite 200

Sarasota, FL, 34240, United States

1 941-556-2601

http://www.ropertech.com/

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Roper Technologies, Inc. Strengths, Domain Expertise, and Key Differentiators

In August 2019, Roper Technologies acquired pipeline in its latest move to expand into services-based verticals. Traditionally, Roper caters to asset-based verticals with its industrials products for process and discrete manufacturers. Now Roper operates more like a holding company that has amassed a large collection of applications products for insurance carriers, construction companies, advertising and law firms, as well as a smattering of sub-verticals. The commonality is picking up software assets that generate healthy recurring revenues.

Roper Technologies, Inc. Recent Developments

Roper has transformed from an industrials manufacturer to a technology play after launching an acquisition spree by spending more than $10 billion since 2015 as it picks up ERP service operations management software assets for professional services, healthcare, construction and insurance verticals.

Roper Technologies, Inc. Mergers and Acquisitions (M&A) Activities

In 2020 Roper acquired Insurance Software Firm Vertafore for $5.35 billion in another major move into the vertical. That follows its move to buy iPipeline in 2019. Roper's Strata unit also bought Allscripts' financial-decision-support subsidiary EPSi for $365 million.

Roper 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 Roper 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 Roper 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 Deltek, iPipeline customers.

Roper Technologies, Inc. Key Enterprise and Cloud Applications

Deltek, iPipeline

Roper Technologies, Inc. Revenues, $M:

Type/Year20182019YoY 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.

Roper Technologies, Inc. Revenue Breakdown By Type, $M:

TypeLicenseServicesHardwareSupport & MaintenanceSaaS
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe

Roper Technologies, Inc. Revenues By Region, $M

Region% of Total Revenues2019 Total Revenues, $M2019 Enterprise Applications Revenues, $M2019 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

Roper Technologies, Inc. Direct vs Indirect sales

RegionDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Roper Technologies, Inc. Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Roper Technologies, Inc. Customers


No. of Roper Technologies, Inc. Customers: x

No. of Roper Technologies, Inc. Enterprise Applications Customers: x

No. of Roper Technologies, Inc. Cloud Customers: x

No. of Roper Technologies, Inc. Cloud Subscribers: x


Roper has been adding thousands of customers and partners continuously after completion of each of its recent acquisitions.

Most recently, the acquisition of Vertafore adds more than 20,000 agencies and 1,000 insurance carriers.

The purchase of iPipeline resulted in adding more than 130 carriers, 1,300 distributors and financial institutions, and their agents and licensed advisors. On the other hand, more than 6,000 contractors run ComputerEase, acquired through another Roper company Deltek, for their construction projects using its accounting, project management, and payroll applications.

Roper Technologies, Inc. Market Opportunities, M&A and Geo Expansions

Roper Technologies acquired Vertafore in an transaction valued at approximately $5.35 billion. Vertafore’s cloud-based software provides agency management, compliance, workflow, and data solutions that simplify and automate the complex property and casualty (P&C) insurance lifecycle. More than 20,000 agencies and 1,000 insurance carriers rely on Vertafore to streamline their processes, improve efficiency, and drive productivity. Vertafore is expected to contribute approximately $590 million of revenue in 2021.

Since the beginning of 2019, Roper has separated out its numerous software assets by classifying them under applications and network software, which now account for the bulk of its revenues. This underscores the fact that Roper's future lies in applications, not scientific instruments.

The sale of Gatan for its specimen preparation tools to Ametek in the third quarter of 2019 could usher in further divestitures of its hardware products. If that comes into fruition, one can expect even more software purchases perhaps larger deals - from Roper as it accelerates its own transformation.

Roper Technologies, Inc. Risks and Challenges

As Roper continues with its software pivot, the branding issue looms large. The use of Deltek to purchase Computerease could extend the lifespan of some of its acquired brands, rather than reinventing the Roper name, which is hardly a household name in the eyes of software buyers. A bigger issue is whether Roper aims to build a coherent technology framework for its acquired software assets, which could take years.

The remaining challenge has to do with how much autonomy are these software assets being given to further their R&D development, something that Roper has not fully addressed.

Roper Technologies, Inc. Ecosystem, Partners, Resellers and SI

Cross-selling and up-selling within its diversified ecosystem will be a challenge. It's likely that individual software products within the Roper family will continue with their partnering strategy and there's little reason for the holding company to come up with a consolidated plan given its partners operate in different verticals.

Roper Technologies, Inc. Cloud Infrastructure Insights

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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).


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