ToolsGroup Strengths, Domain Expertise, and Key Differentiators
ToolsGroup is a global provider of supply chain planning and demand analytics software. ToolsGroup’s customers overcome volatile demand and challenging supply chains to generate accurate forecasts and outstanding customer service levels with less global inventory. Reliable behind-the-screen technology and scalable statistical models enable highly intelligent data-driven decision making, combined with ease of use. ToolsGroup’s solutions span key supply chain planning areas such as Demand Forecasting and Collaboration, S&OP, Demand Sensing, Promotion Forecasting and Multi-Echelon Inventory Optimization (MEIO).
ToolsGroup Recent Developments
In May 2020, ToolsGroup, launched its promotion planning software, Promo Planning, which simplifies and streamlines promotion optimization for retail and consumer products (CPG) companies. Promo Planning leverages machine learning to automate the complications of promotion planning. It allows marketing professionals to plan and optimize campaigns with a level of detail that is relevant to their needs, all while staying perfectly synchronized with their supply chain colleagues.
ToolsGroup Mergers and Acquisitions (M&A) Activities
In November 2021, ToolsGroup has purchased Mi9 Retail’s demand management business formerly known as JustEnough Software.
ToolsGroup Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying ToolsGroup 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 ToolsGroup 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 SO99+, Multi-Echelon Inventory Optimization (MEIO), Vendor Managed Inventory (VMI), Demand Forecasting, Demand Collaboration customers.
Ownership: - Accel-KKR
Number of Employees: 245
Functional Markets: SCM,
Key Verticals: Aerospace and Defense, Automotive, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, Healthcare, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Youth and Elderly Care, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
ToolsGroup Key Enterprise and Cloud Applications
SO99+, Multi-Echelon Inventory Optimization (MEIO), Vendor Managed Inventory (VMI), Demand Forecasting, Demand Collaboration
ToolsGroup 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.
ToolsGroup 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%|
ToolsGroup Enterprise Applications Revenues By Functional Markets, $M:
ToolsGroup Enterprise Applications Revenues By Verticals, $M:
ToolsGroup Revenues By Region, $M
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 Enterprise Applications Revenues, $M||2021 Cloud Applications Revenues, $M|
ToolsGroup Direct vs Indirect sales
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ToolsGroup Customers - Breakdown by Geo, Size, Vertical and Product
No. of ToolsGroup Customers: 300
No. of ToolsGroup Enterprise Applications Customers: 300
No. of ToolsGroup Cloud Customers: 225
No. of ToolsGroup Cloud Subscribers: x
ToolsGroup is used by more than 300 customers worldwide in more than 44 countries. Among its customers are: O2, Lennox, Harley Davidson, GSK, Delphi, Aston Martin, Thule, Abolut, SKF, Moleskine, Danone, ATD, Piaggio and many more.
ToolsGroup Market Opportunities, M&A and Geo Expansions
ToolsGroup is expanding its product portfolios by the acquisition of Mi9 Retail’s demand management business division. The combined company gives retailers a powerful new technology arsenal to efficiently improve product availability under constrained supply and outperform the competition. This acquisition coincides with the closing of a significant growth investment received by ToolsGroup from Accel-KKR.
In May 2018, ToolsGroup has secured a growth equity investment from Accel-KKR. ToolsGroup will use this funding to build on its successful growth in the $4 billion Supply Chain and Integrated Business Planning (IBP) market1. The funding will also help ToolsGroup extend its lead in AI, machine learning and Cloud/SaaS technologies for supply chain planning applications.
ToolsGroup Risks and Challenges
The combination of two independent businesses is complex, costly and time-consuming, ToolsGroup and Mi9 Retail will be required to devote significant management attention and resources to integrating the business practices and operations of Mi9 into ToolsGroup.
ToolsGroup Ecosystem, Partners, Resellers and SI
In 2021, ToolsGroup extended its partnership with some of their old partners Spinnaker SCA, Chainalytics, Supply Chain Process Improvement, Inc.
ToolsGroup has partners across 5 continents and among them are : Optilon, Brookes, Rasner Logistic Software, Bestechnology, Sistek, Finstock, E-Novations, and others.
ToolsGroup Cloud Infrastructure Insights
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- ToolsGroup Public Cloud and Infrastructure (IaaS)
- ToolsGroup Platform (PaaS)
- ToolsGroup Application Delivery
- ToolsGroup 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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