Savance : Market and Competitor Analysis

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www.saveon.com

Savance is a software company specializing in customizable electronic solutions for businesses. They offer two main product lines: Savance Enterprise, an ERP system for wholesale distribution, and Savance Workplace, a suite of tools for visitor management, emergency mustering, and employee health screening.

Company : Savance

Industry : Workplace Management SoftwareERP SystemsVisitor Management Systems

Major Markets

United States

Canada

United Kingdom

Key Competitors

TrakSYS

Procurify

iLobby

Savance Key Value propositions

Customizable Solutions

Employee Well-being

Security Solutions

Operational Efficiency

Savance Latest news

Savance | LinkedIn

https://www.savance.com. External link for Savance ... important in leveraging these business workflows. ... Big news! Our latest innovation in facial ...

Emergency Mustering Archives - Savance

... important to accept that things can't always go ... New Video: Savance's Electronic Mustering Technology ... Please help us share this brief video, which introduces ...

Savance Enterprise | All-in-One Wholesale Distribution Software

She will manage and lead all facets and stages of ERP software implementation, and act as the main point of contact between Savance and new... April 2, 2019 ...

Savance Workplace Archives - Savance

The Savance Workplace team is looking for a DevOps Engineer to join our team. This is a new position, and our future team member will play a pivotal role in ...

Savance SWOT Analysis

Strengths

Customizable solutions for diverse needsStrong focus on specific industries (healthcare, distribution)Emphasis on customer relationships and support

Weaknesses

Limited online presence and brand awarenessPotential competition from larger, more established software companiesReliance on a smaller customer base in niche markets

Opportunities

Expand market share through digital marketing and partnershipsDevelop new product offerings based on emerging workplace trends (e.g., hybrid work models)Target new industry verticals with tailored solutions

Threats

Rapid technological advancements requiring constant innovationEconomic downturn impacting business spending on software solutionsIncreasing cybersecurity threats demanding robust data protection measures

Top Marketing Strategies for Savance

Personalized User Onboarding

This strategy focuses on creating a smooth and tailored onboarding experience for new users, enhancing their understanding of Savance's features and increasing their engagement with the platform.

Interactive ROI Calculator

By providing a tool that calculates the return on investment for using Savance's solutions, this strategy effectively demonstrates the value proposition to potential clients and boosts their interest in adopting the platform.

Leveraged Reciprocity

This strategy encourages existing customers to provide referrals by offering them incentives like discounts or exclusive features, fostering a sense of community and driving user acquisition through word-of-mouth marketing.

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Savance User Persona

Name:

John Miller

Age :

42

Gender :

Male

Occupation :

IT Manager

Industry :

Healthcare

Education :

Master's Degree, Information Technology

Preferred platforms

GOALS

Improve patient data security and HIPAA compliance through robust access control and visitor management systems
Streamline staff workflows and optimize communication by integrating Savance solutions with existing hospital information systems
Reduce administrative burden and enhance efficiency in managing employee health records and screenings for a large healthcare workforce.

Frustrations

Dealing with outdated systems that are prone to security vulnerabilities and do not integrate well with modern healthcare applications
Facing difficulties in tracking visitor access and ensuring compliance with HIPAA regulations in a busy hospital environment
Spending excessive time on manual data entry and paperwork for employee health screenings, leading to inefficiencies and potential errors.

Name:

Sarah Chen

Age :

35

Gender :

Female

Occupation :

Operations Manager

Industry :

Wholesale Distribution

Education :

Bachelor's Degree, Business Administration

Preferred platforms

GOALS

Enhance inventory management and order fulfillment accuracy through Savance's ERP system, leading to reduced costs and improved customer satisfaction
Improve warehouse safety and security by implementing a comprehensive visitor management system and emergency mustering capabilities
Empower employees with self-service tools for time and attendance tracking, reducing administrative burden and improving payroll accuracy.

Frustrations

Struggling with inventory discrepancies and inefficient order fulfillment processes due to outdated systems and manual processes
Lacking a reliable system for tracking visitors and ensuring warehouse security, leading to concerns about theft and safety
Spending significant time on manual time and attendance tracking, leading to payroll errors and frustration among employees.

Name:

David Lee

Age :

28

Gender :

Male

Occupation :

HR Generalist

Industry :

Technology

Education :

Bachelor's Degree, Human Resources Management

Preferred platforms

GOALS

Streamline the onboarding process for new hires by implementing a digital visitor management system that simplifies badge creation and access control
Improve employee engagement and communication by leveraging Savance's platform for internal announcements and company-wide updates
Enhance workplace safety and preparedness by implementing an efficient emergency mustering system that ensures rapid and organized evacuation during drills or actual emergencies.

Frustrations

Facing challenges in managing visitor access and ensuring a smooth onboarding experience for new hires due to manual processes and paperwork
Struggling to effectively communicate company-wide updates and important information to employees, leading to confusion and missed deadlines
Lacking a reliable and efficient system for emergency mustering, raising concerns about employee safety and preparedness during critical situations.

Savance Geographic and Demographic Insights

Geographic Insights: Savance's primary market is the United States, followed by Canada. Other potential markets include the UK, Australia, and Germany.

Top Countries

United States
80%
Canada
10%
United Kingdom
3%
Australia
3.5%
Germany
3.5%

Demographic Insights: Savance's target audience is primarily professionals aged 35-44, with a slightly higher representation of males. The age distribution reflects a focus on experienced decision-makers.

Age Distribution

Gender Distribution

Savance Socio-economic Profile

Household and Income Insights: Savance's target audience typically falls within the medium-income bracket and includes households of 2-4 people.

Educational and Employment Insights: Savance primarily targets employed professionals, mainly in full-time roles, with a university or college degree.

Households Size

Income Distribution

Education Level

Employment Status

Savance Behavioral Insights

Interest-Based Insights: Savance's target audience shows interest in technology, business management, cybersecurity, and healthcare IT, reflecting the industries and solutions they offer.

Technology and Social Media Usage: Savance's target audience prefers LinkedIn, YouTube, and desktop devices, highlighting their professional focus and reliance on in-depth content.

Interests

TechnologyBusiness ManagementCybersecurityHealthcare ITSupply Chain ManagementLeadershipProductivity

Device Breakdown

Social Media Usage

Savance Top Competitors

Competitor	Estimated market share	Top domains
TrakSYS	40%	Manufacturing Execution Systems, Industrial Automation, Data Analytics
Procurify	30%	Procurement Software, Spend Management, Purchase Order Automation
iLobby	20%	Visitor Management, Access Control, Security Management

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www.saveon.com

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