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The Sage Group

Company Profile Analysis

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The Sage Group - ICT showcase

Year Founded & Workforce

1981

12,755 Employees

Industry

ICT

Services

Construction SoftwareTax and Accounting Software
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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

$720M

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

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Product Offering

  • The Sage Group
    • Construction Software
    • Tax and Accounting Software

Financial Performance

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By Region: North America was USD 0.7 Bn in 2019.
The Sage Group — By Region
Series (USD Bn)2019
North America0.7
Northern Europe0.4
Central & Southern Europe0.7
International0.3

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