Market Leading Capabilities for the Valuation & Management of Risk for CRE Assets
ARGUS Enterprise: Successfully Executing on Transition to Cloud Subscriptions
Transformation investments & model transition are behind us
Altus Group
Delivered Cloud Platform
Launched ARGUS Cloud
(November)
Full Shift to Subscriptions
•
•
Discontinued perpetual deals, full shift to subscription pricing
AE 13 enhanced with cloud features & APIs
Finished the year with +1K AE cloud customers & 14% of AE users
contracted on cloud
82% of total revenues were Over Time
Majority of AE Users Expected
to be on the Cloud
Target to migrate majority of AE
users from on-premise to cloud
2019
2020
2021
2022
2023
2018
altusgroup.com
•
Initiated Transition to Cloud Subscriptions
Launched cloud-enabled AE 12 (July)
In July discontinued perpetual deals for new
customers (flexibility maintained for existing clients)
Began migrating customers from on-premise to cloud
Accelerating AE Cloud Adoption
Continued migration of on-premise AE users to
cloud platform
•
Evolving GTM strategies for SaaS model
2,000+ AE customers on the cloud platform, 29%
of users contracted on the cloud as at Q3, 2021
18View entire presentation