Apps Purchases: 10+ Million Software Purchases
Founded in 2010, APPS RUN THE WORLD is a leading technology intelligence and market-research company devoted to the application space. Leveraging a rigorous data-centric research methodology, we ask the simple B2B sales intelligence question: Who’s buying enterprise applications from whom and why?
Our global team of 50 researchers has been studying the digital transformation initiatives being undertaken by 2 million + companies including technographic segmentation of 10 million ERP, EPM, CRM, HCM, Procurement, SCM, Treasury software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Apps Run The World Buyer Insight and Technographics Customer Database has over 100 data fields that detail company usage of emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database, and different on-prem and cloud apps by function, customer size (employees, revenues), industry, country, implementation status, year deal won, partner involvement, Line of Business Key Stakeholders and key decision-makers contact details, including the systems being used by Fortune 1000 and Global 2000 companies.
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | VAR/SI | Insight | Insight Source |
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Berkshire Hathaway HomeServices | Banking and Financial Services | 1600 | $245M | United States | LoanLogics | LoanLogics IDEA | Intelligent Document Processing | 2016 | n/a | In 2016, Berkshire Hathaway HomeServices implemented LoanLogics IDEA, an Intelligent Document Processing application to centralize underwriting quality control and purchase clearing workflows. The deployment targeted the underwriting quality review team and remediation review operations, aligning document automation and machine learning driven review standards with enterprise quality control and investor reporting functions. LoanLogics IDEA was configured to support pre and post close reviews, automated quality review standards, and machine learning techniques that informed sampling and exception handling. The implementation produced a first time acceptance rate of 80% upon delivery, reduced buybacks producing estimated savings over $450,000 annually, and reduced annual suspense fees by 54% with reported savings over $600,000 annually. On the purchase clearing side the program implemented remediation workflows and controls that reduced loans sold subprime to fewer than 35 in 2017, a sharp decline relative to 2015 and 2016. Suspense fees fell from $2.5 million in 2015 to under $300,000 in 2017, and an FHA delegated government insuring program was implemented delivering reported annual savings of $250,000. The implementation broadened quality and feedback review process and reporting using the LoanLogics business intelligence platform, extending coverage to EPD, EPO, Indemnification, TRID, and Repurchase requests from investors. A formal review program for Agency reportable findings was established for Senior Management approval, integrating QA outputs into executive governance and investor rebuttal workflows. Operational governance was reinforced with a mentoring and training program inside purchase clearing which decreased days to clear conditions by 60%. The team also standardized processes to review, rebut, and reconcile all investor and agency underwriting related suspense conditions, embedding LoanLogics IDEA into day to day underwriting quality control and purchase clearing operations. | |
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Summit Funding | Banking and Financial Services | 1200 | $300M | United States | LoanLogics | LoanLogics IDEA | Intelligent Document Processing | 2017 | n/a | In 2017, Summit Funding implemented LoanLogics IDEA to add Intelligent Document Processing capabilities aimed at addressing data integrity, enabling better reporting and supporting broader quality control insights. Summit Funding selected LoanLogics IDEA alongside the LoanHD loan quality management platform as the core technology components for the initiative. The deployment centered on LoanLogics IDEA modules for Intelligent Data Extraction and Automation, configured to ingest loan documents, perform OCR and structured data extraction, and normalize key loan attributes to a consistent loan data model. Extraction templates and configurable validation rules were deployed to automate data capture, reduce manual entry, and generate structured feeds for downstream review. LoanLogics IDEA was integrated with the LoanHD loan quality management platform to route extracted attributes into QC workflows and reporting pipelines, enabling centralized review and exception handling. Operational coverage focused on loan operations, quality control and reporting teams that required consolidated loan attribute datasets for quality monitoring. Governance workstreams included establishing data validation rules, exception routing and audit trail capture to support QC review handoffs inside LoanHD and to support reporting governance. The implementation narrative positions Summit Funding, LoanLogics IDEA, Intelligent Document Processing and LoanHD in a combined architecture that centralizes document-to-data processing, QC orchestration and reportable loan attribute management. | |
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Banking and Financial Services | 50 | $6M | United States | Ocrolus | Ocrolus | Intelligent Document Processing | 2017 | n/a |
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Banking and Financial Services | 50 | $6M | United States | Ocrolus | Ocrolus | Intelligent Document Processing | 2017 | n/a |
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Banking and Financial Services | 89 | $9M | United States | Ocrolus | Ocrolus | Intelligent Document Processing | 2016 | n/a |
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Banking and Financial Services | 200 | $50M | United States | Ocrolus | Ocrolus | Intelligent Document Processing | 2017 | n/a |
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Banking and Financial Services | 100 | $12M | United States | Ocrolus | Ocrolus | Intelligent Document Processing | 2019 | n/a |
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Banking and Financial Services | 100 | $12M | United States | Ocrolus | Ocrolus | Intelligent Document Processing | 2019 | n/a |
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Banking and Financial Services | 120 | $15M | United States | Ocrolus | Ocrolus | Intelligent Document Processing | 2018 | n/a |
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Banking and Financial Services | 150 | $16M | United States | Ocrolus | Ocrolus | Intelligent Document Processing | 2018 | n/a |
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