Softeon Strengths, Domain Expertise, and Key Differentiators
Softeon WMS is a next-generation warehouse and supply chain management solution that supports agile supply chain procedures and process. It’s a web-native WMS software that provides real-time control over outbound, inbound, and inventory management processes to improve user experience and reduce the complexity of warehouse management. The platform is highly configurable and is built on a service-oriented architecture and component-based technology that enables it to adapt to the specific warehouse operations of each user.
Softeon WMS features deep functionality that supports all warehouse operations and enables flexible supply chains across the globe. It allows key warehouse functions such as putaway, receiving, picking, loading, shipping, and replenishment to coordinate with core supply chain process such as web fulfillment, distributed order management, and vendor managed inventory to streamline end-to-end supply chain execution.
Softeon Recent Developments
In July 2020, Softeon Takes Industry-Leading Distributed Order Management Solution to New Levels with Powerful Enhancements.
In May 2020, Softeon announced the opening of its new, expanded Warehouse of the Future Innovation Lab, under which it will continue the company’s strong track record of innovation in warehouse management and warehouse execution systems (WMS and WES) and beyond.
In March 2020, Softeon introduced a new integrated warehouse management system (WMS) and warehouse execution system (WES). The combined solution provides visibility, orchestration and optimization of order picking and related processes, including maximizing materials handling system utilization. Uniquely, the solution also greatly benefits more manual DCs.
Softeon Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Softeon 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 Softeon 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 Softeon Warehouse Management System (WMS), Warehouse Execution System (WES), and Distributed Order Management (DOM) system customers.
Softeon Overview
Ownership: - x
Number of Employees: 375
Functional Markets: SCM,
Key Verticals: Aerospace and Defense, Automotive, Consumer Packaged Goods, Distribution, Leisure and Recreation, Life Sciences, Manufacturing, Media, Professional Services, Retail, Transportation,
Softeon Key Enterprise and Cloud Applications
Softeon Warehouse Management System (WMS), Warehouse Execution System (WES), and Distributed Order Management (DOM) system
Softeon Revenues, $M:
| Type/Year | 2020 | 2021 | 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.
Softeon Revenue Breakdown By Type, $M:
| Type | License | Prof. Services | Hardware | Support & Maintenance | SaaS | PaaS | IaaS | Other (Non Enterprise Application Revenues) | Total |
|---|---|---|---|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | 100% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Softeon Enterprise Applications Revenues By Functional Markets, $M:
Softeon Enterprise Applications Revenues By Verticals, $M:
Softeon Revenues By Region, $M
| Region | % of Total Revenues | 2021 Total Revenues, $M | 2021 Enterprise Applications Revenues, $M | 2021 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Softeon Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Softeon Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Softeon Customers
No. of Softeon Customers: 125
No. of Softeon Enterprise Applications Customers: 125
No. of Softeon Cloud Customers: x
No. of Softeon Cloud Subscribers: x
Softeon has approximately 125 customers and about 30% of its customers are international, with roughly 15% of its customers in Europe, 10% in Latin America and 5% in Asia.
Among Softeon customers are: Alex & Ani, Brooks Sports, Casey’s General Store, Duluth Trading Co., Honest Company, The Kendra Scott, Peter Millar, Sears, Touchstone Crystal, Banneker Industries, CEVA Logistics, DB Schenker, Federation Logistics, Ivie and Associates, Network Global Logistics (NGL), NFI, OIA Global, Performance Team, PSS Distribution Services, RANSA Logistics, Saddle Creek Logistics, Tompkins (Monarch Fx), Denso Manufacturing, Reliable Automatic Sprinkler Co., Suncast, W&O Supply, OptumRx, Sony Music Group, Warner Music Group, Universal Music Group, Integrated Business Systems (IBS), Atlantic Dominion Distributors, Casey’s General Store, Dietz & Watson, ACE Beverage, Ben E. Keith, Buffalo Rock, Hensley Beverage Co., House of LaRose, L&F Distributors, West Side Beer Distributing, Curriculum Associates, IRS Publications, Time Magazine, Princess House, Tastefully Simple (TSI) and others.
Softeon Market Opportunities, M&A and Geo Expansions
In October 2019, Softeon received a minority investment from Warburg Pincus. This investment will allow the company to expand its sales & marketing teams, geographical presence and product innovation.
Softeon Risks and Challenges
Softeon has a strong offering, but it has historically focused its investments more in product and less in sales and marketing, which is reflected in its slow customer and revenue growth.
Increasing its marketing budget and restructuring its sales and marketing organization could be a key for future success.
Softeon Ecosystem, Partners, Resellers and SI
Softeon sells directly in North America, with some direct sales (but most indirect) in the rest of the world.
Softeon Cloud Infrastructure Insights
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- Softeon Public Cloud and Infrastructure (IaaS)
- Softeon Platform (PaaS)
- Softeon Application Delivery
- Softeon 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).
For additional information on our methodologies, here's the link:
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