Abacus Research Strengths, Domain Expertise, and Key Differentiators
Abacus Research excels in delivering modular, scalable ERP solutions that cater to diverse industries, particularly SMEs. Its AbaImmo software dominates the real estate management sector, managing over 600,000 properties with unmatched efficiency. The company’s cloud-based platforms, like AbaNinja, offer user-friendly interfaces and robust security, earning high customer satisfaction. With a strong focus on customization and compliance with Swiss regulations, Abacus maintains a competitive advantage in delivering reliable, industry-specific solutions.
Abacus is a Swiss software company with an owner-managed structure and a workforce of approximately 700 professionals. With over 35 years of experience, the company specializes in developing comprehensive ERP software solutions tailored to various business domains, including finance, human resources, administration, sales, production, and services.
The Abacus Business Software encompasses a comprehensive ERP solution designed for small and medium-sized enterprises. It comprises software modules for diverse business functions, including invoicing, order processing, production planning and control, service and project accounting, contract management, CRM, financial accounting, asset management, payroll, and human resources. Additionally, it offers integrated features like cost accounting, archiving, electronic banking, information management, e-commerce, and e-business.
Abacus Research Recent Developments
Abacus Research has significantly expanded its software offerings, focusing on innovative ERP solutions tailored for SMEs. The company has introduced advanced modules for its AbaNinja platform, enhancing cloud-based accounting and project management capabilities. Recent updates include AI-driven analytics for real-time financial insights, positioning Abacus as a forward-thinking player in business software.
In March 2022, Abacus introduced the Abacus Debit Business Visa Card, leveraging technology from Swiss fintech YAPEAL. This free card streamlines expense reporting and payment transactions. Concurrently, Abacus expanded its ownership stake in YAPEAL, becoming its majority shareholder.
In September 2021, Abacus Research AG invested CHF 1.5 million in Tayo SA, a real estate software manufacturer based in western Switzerland. The goal of this strategic partnership is the optimal interaction between Tayo's platform and the real estate management software AbaImmo.
Abacus Research Mergers and acquisitions (M&A) Activities
Abacus plans to take over Umantis, a subsidiary of the German Haufe Group and a leading HR software company. This strategic acquisition positions Abacus to broaden its product portfolio and extend its market reach, particularly in Germany and Austria.
Abacus Research Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Abacus Research 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 Abacus Research 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 Abacus ERP, Abacus HR, Abacus CRM, Abacus Project Management, Abacus Fleet Management, Abacus Service Management, AbaBuild, AbaÂFiduÂciary, AbaRealEstate, AbaGovernment, AbaEnergy customers.
Abacus Research Overview
Ownership: - x
Number of Employees: 850
Functional Market: Absence Management, Task Management, Time and Attendance, Core HR, Payroll, Recruiting, Applicant Tracking Systems, Performance Management, Compensation Management,
Key Verticals: Construction and Real Estate, Government, Healthcare, Leisure and Hospitality, Professional Services, Utility,
Abacus Research Key Cloud and HCM Applications
Abacus ERP, Abacus HR, Abacus CRM, Abacus Project Management, Abacus Fleet Management, Abacus Service Management, AbaBuild, AbaÂFiduÂciary, AbaRealEstate, AbaGovernment, AbaEnergy
Abacus Research HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2023 | 2024 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** 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.
Abacus Research Revenue Breakdown by Type:
Abacus Research HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2024 HCM Revenues, By HR Segment, $M | |
Abacus Research HCM Applications Revenues By Verticals, $M:
Abacus Research Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
Abacus Research Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Abacus Research Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Abacus Research Customers
No. of Abacus Research Customers: 65000
No. of Abacus Research HCM Applications Customers: x
No. of Abacus Research Cloud HCM Customers: x
No. of Abacus Research Cloud HCM Subscribers: x
Abacus Research serves a wide array of clients, primarily SMEs across sectors like real estate, finance, and manufacturing. Its AbaImmo software is a preferred choice for over 3,000 property managers, streamlining complex workflows. The company also supports public sector organizations and educational institutions with tailored HR and financial management tools. By addressing the unique needs of its diverse customer base, Abacus fosters long-term partnerships and high retention rates.
Starting January 1, 2025, Walo Bertschinger, a prominent Swiss construction company, will transition exclusively to Abacus solutions. They will implement AbaBau, Abacus Research's specialized industry solution, to streamline their operations.
Abacus Research's extensive client base of 60,000 across Europe provides valuable insights into diverse industry landscapes and market trends, offering significant opportunities for analyst relations and industry analysis.
Abacus Research Market Opportunities, M&A and Geo Expansions
The growing demand for cloud-based ERP solutions presents significant opportunities for Abacus Research. Expanding its AI and machine learning capabilities could further enhance its analytics offerings, attracting tech-savvy enterprises. Additionally, entering new international markets, particularly in Europe, offers potential for growth, leveraging Switzerland’s reputation for quality software.
Abacus software boasts an impressive track record, with over 100,000 modules sold and adoption by over 65,000 Swiss businesses monthly. This usage translates to the generation of 800,000 pay slips and the recording of 170,000 accounting entries, showcasing its widespread utility and reliability in the business landscape.
BDO stands out as one of Abacus's prominent clients, utilizing the software extensively for client accounting, thereby representing the largest user of the software in Switzerland.
Abacus Research Risks and Challenges
Abacus Research faces risks from intense competition in the ERP software market, where global giants like SAP and Oracle dominate. Rapid technological changes require continuous investment in R&D to stay relevant, straining resources. Additionally, reliance on the Swiss market could limit growth if economic conditions falter. Cybersecurity threats also pose a challenge, as clients demand robust data protection, necessitating ongoing vigilance to maintain trust and compliance.
Abacus Research Ecosystem, Partners, Resellers and SI
Abacus expanded its partner network by incorporating Prime Technologies. Based in Bussigny and Le Noirmont, Prime Technologies specializes in providing solutions tailored for municipalities, energy service providers, and public services.
The company collaborates closely with trusted partners to provide guidance and support throughout the planning and implementation stages of the Abacus Business Software. Notable partners include Aandarta, Systeo, Sinventics Consulting, Xerxes, Visita Treuhand, Truvag, Prime Technologies, Orbeco Unternehmensberatung, OFISA Informatique, Mazars, Grant Thornton, InterBit, Esolva, Data Service, Bullinger Software Systems, Axept Business Software, and many more.
In addition to its headquarters in Wittenbach, Abacus Research maintains branches in Biel, Geneva, Winterthur, and Lugano. Furthermore, it has established a presence in Germany, with offices located in Munich, Hamburg, and Waiblingen.
In September 2021, Abacus Research made a CHF 1.5 million investment in Tayo SA, a leading real estate software manufacturer headquartered in western Switzerland. This strategic partnership aims to enhance the seamless integration between Tayo's platform and AbaImmo, the real estate management software developed by Abacus.
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:
https://www.appsruntheworld.com/taxonomy
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