We have data on 26 companies that use Covarity. The companies using Covarity are most often found in United States and in the Financial Services industry. Covarity is most often used by companies with >10000 employees and >1000M dollars in revenue. Our data for Covarity usage goes back as far as 6 years and 2 months.
|Company||Lenovo Group Ltd|
|Company||The Boeing Company|
|Company||Elixir Technologies Corporation|
|Company||Daugherty Business Solutions|
|Company||Royal Bank of Canada|
|Lenovo Group Ltd||lenovo.com||Hong Kong||>1000M||>10000|
|The Boeing Company||boeing.com||United States||>1000M||>10000|
|Elixir Technologies Corporation||elixir.com||United States||10M-50M||500-1000|
|Daugherty Business Solutions||daugherty.com||United States||200M-1000M||1000-5000|
|Royal Bank of Canada||rbc.com||Canada||>1000M||>10000|
We use the best indexing techniques combined with advanced data science to monitor the market share of over 15,000 technology products, including Loan Management. By scanning billions of public documents, we are able to collect deep insights on every company, with over 100 data fields per company at an average. In the Loan Management category, Covarity has a market share of about 0.2%. Other major and competing products in this category include:
Covarity is the trusted leader in post-origination commercial loan monitoring and analysis solutions for financial institutions that offer working capital lending products. Covarity empowers clients with actionable intelligence for proactive loan management across the portfolio, enabling them to act quickly on loan-by-loan concerns before they become serious.
Looking at Covarity customers by industry, we find that Financial Services (12%), Banking (12%), Information Technology and Services (8%) and Computer Software (8%) are the largest segments.
39% of Covarity customers are in United States and 35% are in Canada.
Of all the customers that are using Covarity, 5% are small (<50 employees), 20% are medium-sized and 48% are large (>1000 employees).
Of all the customers that are using Covarity, a majority (56%) are large (>$1000M), 9% are small (<$50M) and 0% are medium-sized.