451 Research’s Take on Riversand’s Impact

Kanika Draksharam

By Kanika Draksharam

On September 17, 2020

451 Research, a global research and advisory firm now part of S&P Global, recently released its research report on Riversand: “Riversand quickens its growth with expanded as-a-service portfolio and deeper market reach.”

The report covers Riversand’s capabilities, including the growth of the company and the flexibility and efficiency they offer their customers. 

Riversand is an established player in the Product Information Management (PIM) and Master Data Management (MDM) space. The report highlights Riversand’s growth: 

  • “Riversand is seeing an impressive uptick in adoption and growth of its as-a-service offerings.”
  • “To date, the company claims 200% YoY growth in cloud revenue, gaining over 50 customers in the last 18 months.”
  • “Total customer base now sits at about 160, and the company has approximately 300 employees worldwide.”

 

In addition to covering the company’s growth and advanced technology architecture accomplishments, 451 Research covers Riversand’s major tiers of products: Ascend, Exclusive, and Infinity. All three are powerful data management tools that customers of various sizes can utilize based on company complexity.

While Riversand thrives with customers that demand a cloud-native solution to their most complex product and master data issues, 451Research finds Riversand a low-risk for customers to start small, helping customers of all sizes and industries manage their product and master data in as little as six weeks.

And because of Riversand’s true multi-domain architecture, 451 Research states 

“[customers] can start small and switch seamlessly to a higher tier as needs change or grow more complex over time, without downtime.”

Riversand’s steady expansion of their partner program has leveraged increased compatibility and connectivity to data types, creating a greater response to market needs, through targeted expansion into newer markets. 

Riversand’s partner network continues to grow as partners, and their clients, find increased advantage in the flexibility and extensibility of the Riversand Platform. 

To get a copy of the report, click here.

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