Quadient's SaaS-Driven Rise: A Leadership Position in French Software
Thursday, Nov 21, 2024 2:11 am ET
4min read Quadient, a global automation platform, has solidified its leadership position in the French software industry by securing the 11th place overall and second in the 'Horizontal Publishers' category in the 2024 Top 250 ranking. This remarkable achievement is a testament to Quadient's strategic shift towards a SaaS-driven approach and its commitment to innovation through AI, automation, and cutting-edge technologies.
Quadient's evolution from a traditional licensing model to a SaaS-driven approach has been instrumental in its ranking advancement. In 2018, Quadient entered the Top 250 ranking, and since then, it has consistently expanded its customer base, with 80% of customers now using SaaS solutions. This shift has not only driven Quadient's performance but also enabled it to meet the changing needs of its customers more effectively.
Recent acquisitions, such as Daylight Automation and Frama, have further boosted Quadient's growth and market share. These strategic moves have expanded Quadient's offerings, enabling it to cater to a broader range of customers and reinforce its position as a leader in the French tech sector. In H1 2024, Quadient's consolidated sales reached €534 million, up 3.2% on a reported basis, driven by these acquisitions and strong North American performance.
Quadient's investments in AI, automation, and cloud technologies have been crucial in driving its strong performance. The company has been integrating AI functionalities into its software offerings, with 42% of companies in the industry doing the same. This focus on AI has enabled Quadient to meet the changing needs of its customers, driving its Digital automation practice's profitability in H1 2024. With 80% of its customers now using SaaS solutions, Quadient's commitment to AI and machine learning is evident in its consistent evolution from a traditional licensing model.
In conclusion, Quadient's SaaS-driven approach, strategic acquisitions, and investments in AI and automation have been instrumental in its ranking advancement and solidifying its leadership position in the French software industry. As Quadient continues to innovate and adapt to the changing market landscape, it is well-positioned to maintain its competitive edge and drive growth in the years to come.
Quadient's evolution from a traditional licensing model to a SaaS-driven approach has been instrumental in its ranking advancement. In 2018, Quadient entered the Top 250 ranking, and since then, it has consistently expanded its customer base, with 80% of customers now using SaaS solutions. This shift has not only driven Quadient's performance but also enabled it to meet the changing needs of its customers more effectively.
Recent acquisitions, such as Daylight Automation and Frama, have further boosted Quadient's growth and market share. These strategic moves have expanded Quadient's offerings, enabling it to cater to a broader range of customers and reinforce its position as a leader in the French tech sector. In H1 2024, Quadient's consolidated sales reached €534 million, up 3.2% on a reported basis, driven by these acquisitions and strong North American performance.
Quadient's investments in AI, automation, and cloud technologies have been crucial in driving its strong performance. The company has been integrating AI functionalities into its software offerings, with 42% of companies in the industry doing the same. This focus on AI has enabled Quadient to meet the changing needs of its customers, driving its Digital automation practice's profitability in H1 2024. With 80% of its customers now using SaaS solutions, Quadient's commitment to AI and machine learning is evident in its consistent evolution from a traditional licensing model.
In conclusion, Quadient's SaaS-driven approach, strategic acquisitions, and investments in AI and automation have been instrumental in its ranking advancement and solidifying its leadership position in the French software industry. As Quadient continues to innovate and adapt to the changing market landscape, it is well-positioned to maintain its competitive edge and drive growth in the years to come.
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