Sopheon Strengths, Domain Expertise, and Key Differentiators
Sopheon highlighted advances in configurability and security, further strengthening its Accolade software to manage increasingly varied sets of portfolios across a customer’s organization. This is translating into added value for customers as they leverage their investments in the software for additional business applications.
Denver-based Leprino Foods Company a recent Sopheon customer cited the configurability and security of Sopheon’s software as two of the reasons for choosing Sopheon as its innovation partner. Sopheon partners with customers to provide complete Enterprise Innovation Management solutions including patented software, expertise, and best practices to achieve exceptional long-term revenue growth and profitability.
Sopheon Recent Developments
Sopheon released the latest version of its Accolade Enterprise Innovation Management (EIM) solution. With the new product offered a new analytic and knowledge discovery capability to more proactively manage risk and create breakthrough innovations with greater efficiency.
Sopheon Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Sopheon 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 Sopheon 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 Accolade Enterprise Innovation Management Software, Accolade Express for PPM, Accolade Cloud, Accolade Cloud, Accolade Mobile, Accolade Integration customers.
Sopheon Overview
Ownership: - LSE: SPE
Number of Employees: 160
Functional Markets: Analytics and BI, Collaboration, Product LifeCycle Management and Engineering, Project Portfolio Management,
Key Verticals: Aerospace and Defense, Automotive, Consumer Packaged Goods, Life Sciences, Manufacturing, Retail,
Sopheon Key Enterprise and Cloud Applications
Accolade Enterprise Innovation Management Software, Accolade Express for PPM, Accolade Cloud, Accolade Cloud, Accolade Mobile, Accolade Integration
Sopheon 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.
Sopheon 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 |
Sopheon Enterprise Applications Revenues By Functional Markets, $M:
Sopheon Enterprise Applications Revenues By Verticals, $M:
Sopheon Revenues By Region, $M
| Region | % of Total Revenues | 2019 Total Revenues, $M | 2019 Enterprise Applications Revenues, $M | 2019 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Sopheon Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Sopheon Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Sopheon Customers
No. of Sopheon Customers: 250
No. of Sopheon Enterprise Applications Customers: 250
No. of Sopheon Cloud Customers: x
No. of Sopheon Cloud Subscribers: 60000
Sopheon’s solutions have been implemented by over 250 customers with over 60,000 users in over 50 countries. Among its customers are: Nasa, Honeywell, Smuckers, Sinopec, Pepsico, P&G, BASF, SABIC, Abbott, Rich's Novatel wireless.
Sopheon Market Opportunities, M&A and Geo Expansions
Sopheon Introduces COVID-19 Disruption Response Offering with Microsoft® Teams. Available a new Accolade® capability for innovation teams to streamline communication across the enterprise via Microsoft Teams chat, meetings, and video calls. Due to global shelter-in-place orders, most innovation teams are now working from home. To accommodate these remote employees, many organizations have dramatically increased their adoption of communication tools such as Microsoft Teams.
California Olive Ranch Inc. selected and deployed Sopheon’s Accolade Express software to enhance the management of its new product development (NPD) processes. Later the same year in November, Certis Europe choices for underway with its transformation from a stand-alone innovation and development process to a more market-driven operating model with the help of Sopheon’s Accolade software solution. In addition to increasing both revenue and profits, Sopheon continues to build momentum and gain enhanced market recognition.
Sopheon Risks and Challenges
Sopheon migration to the cloud is work in progress.
Sopheon Ecosystem, Partners, Resellers and SI
In 2019, Sopheon partnered with National Foods Limited, one of the leading foods companies headquartered in Karachi, Pakistan. National Foods Limited (NFL) has subsidiaries in the United Arab Emirates, United Kingdom, and Canada. With a strategic vision to achieve significant turnover growth by 2020, National Foods Limited wants to ensure long-term success by introducing a formalized product development decision-making process to support the fast pace of change in the consumer markets. Later a few months, Sopheon partnered with Italian business consulting, corporate finance, and corporate services firm Phoenix Capital. Using Accolade to increase return on investment and improve strategy implementation, Phoenix Capital will be well-positioned to create new business value through sustainable innovation for the company's clients throughout Italy and across Europe.
Sopheon’s solutions have been implemented by over 250 customers with over 60,000 users in over 50 countries. The company's client base of global innovation leaders has grown to be an additional differentiator for us as our clients increasingly benefit through collaboration, sharing, and learning across this ecosystem.
Sopheon has operating bases in the United States, the United Kingdom, the Netherlands, and Germany, with distribution, implementation, and support channels worldwide.
Sopheon Cloud Infrastructure Insights
Subscribe to read more about:
- Sopheon Public Cloud and Infrastructure (IaaS)
- Sopheon Platform (PaaS)
- Sopheon Application Delivery
- Sopheon 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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