Sofico NV Among Cloud Top 500

Technologiepark 84

Ghent, x, B-9052, Belgium

32 9-2108-040

https://www.sofico.global/

1035

Sofico NV Strengths, Domain Expertise, and Key Differentiators

Miles is an independent platform, which runs on an application server in combination with a server database, both of which are supported on various platforms. Miles Service Platform is able to exchange data with other enterprise systems within the clients IT landscape as well as several external systems.

Sofico NV Recent Developments

In 2017, Sofico launched a cloud-native microservices architecture that enables modular feature delivery, 24/7 availability and elastic on-demand scalability, the platform offers near real-time data integration and advanced analytics power. It forms the backbone of an array of fresh mobility and connected-car services and use cases, including mobile and web front ends, and will pave the way for future developments in machine learning and artificial intelligence.

Sofico NV Mergers and Acquisitions (M&A) Activities

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Sofico NV Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Sofico NV 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 Sofico NV 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 Miles customers.

Sofico NV Overview

Ownership: - x

Number of Employees: 250

Functional Markets: ERP Financial Management,

Key Verticals: Automotive, Banking and Financial Services, Manufacturing, Professional Services, Retail,

Sofico NV Key Enterprise and Cloud Applications

Miles

Sofico NV Revenues, $M:

Type/Year20172018YoY 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.

Sofico NV Revenue Breakdown By Type, $M:

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

Sofico NV Revenues By Region, $M

Region% of Total Revenues2018 Total Revenues, $M2018 Enterprise Applications Revenues, $M2018 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

Sofico NV Direct vs Indirect sales

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

Sofico NV Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Sofico NV Customers


No. of Sofico NV Customers: 40

No. of Sofico NV Enterprise Applications Customers: 0

No. of Sofico NV Cloud Customers: 0

No. of Sofico NV Cloud Subscribers: 0


Sofico has over 40 customers in 22 countries across 4 continents. Among Sofico customers are Banque PSA, Volkswagen Pon Financial Services NL, AlphaCredit, EFL Autoleasing AG, Ichinen Holdings and others.

Sofico NV Market Opportunities, M&A and Geo Expansions

The Sofico acquisition of Car Systems fits perfectly with Sofico’s growth strategy and broadens Sofico’s market coverage to include short term car, van and truck rental. Besides, it provides a solid foothold in the French and southern European fleet markets, where Sofico already has a number of customers.

Sofico has partnered with Belgian software house, Connective, to introduce a new electronic signature capability to Miles. Sofico and Connective already collaborated over Connective’s digital documents, which puts business users in control of designing and creating document templates. Following positive feedback from clients, both companies decided to embark on a new joint project and integrate digital signature capabilities with Miles.

Sofico NV Risks and Challenges

For Sofico going international was not a choice, but essential for the company. Pushing hard on the international market can be hard and challenging in a fast-moving market. That resulted in miscommunication between the management team and the office employees.

Lack of synchronization of working with worldwide offices cause of the timezone differences, according to the employees the other world offices are always in the shadow of the Belgium head office.

Sofico NV Ecosystem, Partners, Resellers and SI

In February 2018, Sofico establishes the German subsidiary and opens new office for local customers. Also in October 2018, Sofico opens new office to service growing numbers of UK customers.

In September 2017, Sofico opens new office in Mexico, for better customer support through these offices, with local, native-speaking staff who are familiar with the market.
Sofico also has offices in Belgium, France, Nederlands, Tokyo and Sydney.

Sofico NV Cloud Infrastructure Insights

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  • Sofico NV Public Cloud and Infrastructure (IaaS)
  • Sofico NV Platform (PaaS)
  • Sofico NV Application Delivery
  • Sofico NV 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).


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