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
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 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: 258
Functional Markets: ERP Financial Management,
Sofico NV Key Enterprise and Cloud Applications
Sofico NV 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.
Sofico NV Revenue Breakdown By Type, $M:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
Sofico NV Enterprise Applications Revenues By Functional Markets, $M:
Sofico NV Enterprise Applications Revenues By Verticals, $M:
Sofico NV Revenues By Region, $M
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 Enterprise Applications Revenues, $M||2019 Cloud Applications Revenues, $M|
Sofico NV Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Sofico NV Customers - Breakdown by Geo, Size, Vertical and Product
No. of Sofico NV Customers: 50
No. of Sofico NV Enterprise Applications Customers: 50
No. of Sofico NV Cloud Customers: x
No. of Sofico NV Cloud Subscribers: x
Sofico has over 50 customers in 27 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)
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- Sofico NV 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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