Worksoft Strengths, Domain Expertise, and Key Differentiators
Worksoft’s Connective Automaton Platform combines the proven business process automation technology trusted by more leading global enterprises with process discovery and RPA capabilities in one, single platform. These functions are seamlessly connected to streamline the building and sharing of automation, accelerating time and cost savings while boosting quality and strengthening bot performance. Every function of the platform fuels the insights of the platform’s AI-driven Process Intelligence, delivering actionable insights for process optimization. The Worksoft platform allows businesses to visualize and optimize their business processes for complex custom and packaged applications so QA teams can reliably deliver flawless applications faster and more efficiently with the ability to repurpose the automation for more accurate and durable RPA in production.
Worksoft Recent Developments
In April 2021, Worksoft, the provider of end-to-end enterprise automation for complex custom and packaged applications like SAP, Oracle, Salesforce, Workday, and more, expanded its Connective Automation Platform to include unmatched AI-driven analytics capabilities, becoming the first vendor to offer a genuinely codeless, scalable automation solution that seamlessly connects process intelligence, business process testing, and production automation to drive comprehensive process insight and continuous process improvement.
Worksoft Mergers and Acquisitions (M&A) Activities
In May 2022, Worksoft, a provider of end-to-end intelligent process automation for complex custom and packaged applications, acquired eureQa, an AI-powered SaaS test automation platform purpose-built for testing digital applications. eureQa’s no-code performance and end-to-end testing of web, mobile, API, database, and packaged applications expand Worksoft’s Connective Automation platform capabilities, delivering a comprehensive automation platform to help organizations understand, de-risk, and optimize end-to-end business processes.
Worksoft Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Worksoft 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 Worksoft 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 Worksoft Connective Automation Platform, Worksoft Certify, Worksoft Process Intelligence, Worksoft Connective RPA, Worksoft Execution Manager, Worksoft Documentation, Worksoft Impact for SAP customers.
Worksoft Overview
Ownership: - Marlin Equity Partners
Number of Employees: 200
Functional Markets: Analytics and BI, PaaS,
Key Verticals: Automotive, Consumer Packaged Goods, Healthcare, Life Sciences, Manufacturing, Oil and Gas, Chemicals, Professional Services, Utilities,
Worksoft Key Enterprise and Cloud Applications
Worksoft Connective Automation Platform, Worksoft Certify, Worksoft Process Intelligence, Worksoft Connective RPA, Worksoft Execution Manager, Worksoft Documentation, Worksoft Impact for SAP
Worksoft 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.
Worksoft 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 |
Worksoft Enterprise Applications Revenues By Functional Markets, $M:
Worksoft Enterprise Applications Revenues By Verticals, $M:
Worksoft 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 |
Worksoft Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Worksoft Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Worksoft Customers
No. of Worksoft Customers: 300
No. of Worksoft Enterprise Applications Customers: x
No. of Worksoft Cloud Customers: x
No. of Worksoft Cloud Subscribers: x
Microsoft, Cardinal Health, P&G, Honda, 3M, Intel, Johnson Matthey and Siemens are just a few of the 300 global companies who have turned to Worksoft to achieve unparalleled continuous testing at scale and realize DevOps and Agile initiatives. Chosen by the world’s foremost Global System Integrators, Accenture, IBM, and Cognizant, Worksoft is embedded into their ERP practices to support their Agile, DevOps, and SAFe methodologies and accelerate digital transformations.
Worksoft Market Opportunities, M&A and Geo Expansions
In July 2020, Worksoft, a connective automation platform for automated discovery, testing and RPA, and Panaya, provider of a SaaS-based Change Intelligence for SAP, Oracle, and Salesforce, announced a deeper partnership providing SAP IT organizations with a Change Intelligence solution that enables SAP ECC users to migrate or optimize their system risk-free. The partnership created the perfect solution for extending Worksoft Connective Automation with smarter Impact Analysis from Panaya. The combination provides better visibility and discovery of business processes, and is ideal for both technical and business users, ensuring faster business transformation.
Worksoft Risks and Challenges
After Worksoft acquired eureQa in May 2022 and expanded its portfolio of products, Worksoft might try to expand its customer base more rapidly which may impact the company's overall strategy in the long run.
Worksoft Ecosystem, Partners, Resellers and SI
In August 2021, Worksoft, a leading provider of end-to-end enterprise automation for complex custom and packaged applications like Oracle, SAP, Salesforce, Workday, and more, announced the expansion of its Worksoft+ Technology Partner Ecosystem with the addition of Digital.ai, QMetry, and SNP Group. In addition, Worksoft has expanded its partnership with Panaya to include solutions specific to Oracle E-Business Suite and Cloud Applications. The program brings together the industry’s top digital transformation enablement technologies to extend the value of Worksoft’s Connective Automation Platform for enterprise customers. These seamlessly integrated solutions apply Worksoft’s market-leading automation to speed SAP cloud migrations, enable Agile+DevOps test management, deliver comprehensive change impact analysis, and support large-scale data migrations for enterprise transformation initiatives.
Worksoft Cloud Infrastructure Insights
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- Worksoft Public Cloud and Infrastructure (IaaS)
- Worksoft Platform (PaaS)
- Worksoft Application Delivery
- Worksoft 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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