TXT e-Solutions Strengths, Domain Expertise, and Key Differentiators
TXT is focused on software for the aerospace, aeronautics and automotive sectors, where it offers specific products and specialist engineering services, and for the banking sector, where it focuses on software testing and quality services.
TXT e-Solutions Recent Developments
In April 2020, TXT e-solutions selected Daniele Misani as new Chief Executive Officer.
TXT e-Solutions Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying TXT e-Solutions 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 TXT e-Solutions 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 TXT e-Solutions Aerospace and Aviation Engineering customers.
TXT e-Solutions Overview
Ownership: - BIT: TXT
Number of Employees: 816
TXT e-Solutions Key Enterprise and Cloud Applications
TXT e-Solutions Aerospace and Aviation Engineering
TXT e-Solutions 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.
TXT e-Solutions Revenue Breakdown By Type, $M:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
TXT e-Solutions Enterprise Applications Revenues By Functional Markets, $M:
TXT e-Solutions Enterprise Applications Revenues By Verticals, $M:
TXT e-Solutions Revenues By Region, $M
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 Enterprise Applications Revenues, $M||2019 Cloud Applications Revenues, $M|
TXT e-Solutions Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
TXT e-Solutions Customers - Breakdown by Geo, Size, Vertical and Product
No. of TXT e-Solutions Customers: x
No. of TXT e-Solutions Enterprise Applications Customers: x
No. of TXT e-Solutions Cloud Customers: x
No. of TXT e-Solutions Cloud Subscribers: x
In 2019 the TXT Group operated through two Divisions: TXT Aerospace, Aviation & Automotive: focused on software for the aerospace, aeronautics and automotive industry, where it offers specific products and specialist engineering services; TXT Fintech: focused on services related to software testing and quality for companies in the banking sector.
The TXT Aerospace, Aviation & Automotive Division is comprised of over 50 major customer companies, including leading manufacturers of aircraft and engines, airlines, civil and defence operators, such as Leonardo, Airbus, Boeing, American Airlines, Pilatus, Saab, Reiser, CAE, Safran Group, GE Aviation, COMAC, Sukhoi, Embraer, Rolls-Royce, Lufthansa and Delta Airlines.
TXT e-Solutions Market Opportunities, M&A and Geo Expansions
In April 2019, TXT Group acquired Assioma Group. Assioma Group, an Italain software quality specialist had revenues of $10 milion in 2018.
In August 2018, TXT Group acquired Cheleo, an Italian specialist in the field of design and development of products and services for the life cycle management of financing by financial and banking intermediaries.
TXT e-Solutions Risks and Challenges
The software revenue from the TXT Fintech Division accounted for only $1.1 million in 2019, and they entirely due to Cheleo. Cheleo is a company TXT acquired in 2018.
TXT e-Solutions Ecosystem, Partners, Resellers and SI
TXT e-solutions is based in Milan and has offices throughout Italy, France, UK, Germany, Spain, Canada, Australia, Hong Kong, Singapore, and United States.
TXT e-Solutions Cloud Infrastructure Insights
Subscribe to read more about:
- TXT e-Solutions Public Cloud and Infrastructure (IaaS)
- TXT e-Solutions Platform (PaaS)
- TXT e-Solutions Application Delivery
- TXT e-Solutions 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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