Guidewire Software Inc - Company Profile
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Business Description
Guidewire Software Inc (Guidewire) provides software products and services to the property and casualty insurance industry.
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R&D Overview
The R&D arm of Guidewire focuses on enhancing the platform, services, and products based on the requirements of P&C insurers. It invests in the necessary integration to meet the market requirements. The company’s investment in cloud operations aims at managing the infrastructure for the cloud-based customers in a secure, efficient, and cost-effective manner. In FY2023, the company incurred expenses of US$249.7 million on R&D, which as a percentage of revenue, stood at 27.5%.
Product Categories
Overview
Includes revenue related to new term licenses and multi-year term license renewals.
Performance
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Overview
Includes revenue from the delivery of implementation and migration services to the customer, training fee, and reimbursable travel expenses.
Performance
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Overview
Includes revenue related to majority of new arrangements, including customers migrating from existing term license arrangements to subscription services.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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