The Sage Group

The Sage Group Overview

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Founded: 1981

Workforce: ~ 12,755

Company Working: The Sage Group (Sage) is a technology solutions and services company which offers accounting solutions, financials, enterprise management, people, Sage business cloud people, and Sage Intacct— a solution specifically for CFOs to provide access to financial reports and integrated management across business entities. The company targets professional users, typically accountants or bookkeepers, who require high functionality and technical efficiency to gain insights into their businesses. Sage offers solutions to small and medium-sized businesses in the manufacturing and education sectors according to their business needs. The company serves over 3 million customers across 23 countries in Europe, Africa, Australia, Asia, and the Americas.

Strategy

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Company Snapshot

$0.72M

Revenue

12,755

Employees

1981

Founded

Newcastle Upon Tyne, UK

Headquarters

SWOT Analysis

Strengths

Steady revenue growth
Strong research and development
Wide geographic reach and customer base
Enhanced Customer Base
Wide Geographical Presence

Weaknesses

Heavy debts could limit growth prospects
Lawsuit may impact brand image

Opportunities

Growing adoption of cloud-based services
Entering into e-commerce marketplace
Growing Adoption of Cloud Computing Service
Acquisition Leads to enhance company's market presence in North America and E-Commerce Market

Threats

Intense market competition
Fluctuations in foreign currency exchange rates
Rapid technological changes
Intense Competition
Rapid Technological Changes

Product Offering

The Sage Group
- Construction Software
- Tax and Accounting Software

Financial Performance

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