Orbus Software, a leading global provider of enterprise transformation software, closed 2024 with significant year-on-year (YoY) growth, marked by rising annual recurring revenue (ARR) and the continued expansion of its SaaS platform, OrbusInfinity.
Financial and operational highlights for FY2024
- ARR increased by 27% versus December 2023, reaching 36% with Capsifi acquisition
- OrbusInfinity ARR saw an increase of 43% versus December 2023
- OrbusInfinity’s customer base grew by 21% from December 2023
- 98 new hires including 28 from Capsifi
Orbus welcomed over 60 new customers in 2024, with notable growth in industries such as government, finance, energy, utilities, and mining, and in the Middle East. Among the new additions to its global client base are Gold Fields Australia, a leading gold mining company; the UK Hydrographic Office, a provider of marine geospatial data; WinTrust Financial, a US-based financial services company; and Yusen Logistics, a global supply chain solutions provider.
Orbus’s sustained growth over the past 20 years underscores the continued demand for its enterprise architecture solutions and broader enterprise transformation suite. This success enabled Orbus to acquire business architecture leader Capsifi in December 2024. The integration of Capsifi’s business architecture capabilities into OrbusInfinity will create a comprehensive strategic enterprise transformation platform, laying the foundation for a Digital Twin of the Organization (DTO) solution.
This vision and opportunity were further validated by FTV Capital, which provided significant growth equity investment in Orbus in December 2024, alongside existing co-control partner SilverTree Equity.
In addition to these major milestones, Orbus was named a Leader in two independent analyst reports assessing the current state of the enterprise architecture market: the 2024 Gartner® Magic Quadrant™ for Enterprise Architecture Tools and The Forrester Wave™: Enterprise Architecture Management Suites, Q4 2024.
The Gartner® Magic Quadrant™ evaluated 16 vendors, with Orbus recognized as a Leader for both its ‘Completeness of Vision’ and ‘Ability to Execute’, placing highest on the quadrant for the latter.
The Forrester Wave™ evaluated the top 12 vendors in the enterprise architecture management market across strategy, current offering, and customer feedback. Orbus received:
- The highest score in the ‘current offering’ category (3.92)
- A tie for the highest score in the ‘strategy’ category (3.80)
- “Superior” customer feedback (one of only two vendors to receive this)
Partnerships remain a crucial driver of Orbus’s growth, with 35% of the company’s 2024 new ARR attributable to the partner network, now exceeding 70 partners worldwide. Notable partnerships announced in 2024 include Arribatec, which combines Arribatec’s industry knowledge and consulting expertise with the OrbusInfinity platform to better support transformation and sustainability journeys in the Nordics. Additionally, Brendil has been appointed as a distributor in Saudi Arabia, with a key focus on supporting government and public sector organizations in meeting national enterprise architecture regulations.
2024 also marked Orbus's expansion into new regions, with a strengthened presence in Singapore and Kuala Lumpur. Under the leadership of Vice President of Asia, Ramnath Anantharam, a dedicated sales and solutions consulting team with native language speakers now serves Orbus’s growing customer base across the ASEAN region.
“2024 was a landmark year for Orbus Software, marked by significant growth, industry recognitions, a new strategic investor, and our first acquisition,” said Gareth Burton, CEO of Orbus Software. “Our continued success is a testament to the trust our customers place in us and the dedication of our team in helping them drive enterprise transformation. With the integration of Capsifi and our expanding global footprint, we are well-positioned to help organizations navigate complex transformation challenges and achieve their strategic goals. We are excited about the opportunities ahead and remain committed to delivering innovation and value to our customers worldwide in 2025 and beyond.”