Plative Company Profile

Background

Overview

Plative is a global digital-first management consulting firm specializing in cloud technology solutions, particularly focusing on Salesforce and Oracle NetSuite platforms. Established in 2014, the company has rapidly expanded its footprint, offering tailored services that drive business performance across various industries. Headquartered in New York, Plative operates offices in Toronto, Vancouver, Mumbai, and Manila.

Mission and Vision

Plative's mission is to make a global impact by improving clients' performance through innovative cloud technology solutions. The company envisions empowering organizations to achieve their business objectives by transforming people, processes, and technology.

Primary Area of Focus

The firm's primary focus is on delivering customized solutions across Salesforce and Oracle NetSuite platforms, enabling clients to integrate and optimize their operations for enhanced efficiency and growth.

Industry Significance

Plative has been recognized for its rapid growth and industry impact, earning spots on Consulting Magazine's list of fastest-growing firms and Inc. Magazine's list of fastest-growing private companies.

Key Strategic Focus

Core Objectives

Plative aims to deliver value in every engagement by increasing client performance through strategic implementations of cloud technologies. The company emphasizes understanding and executing clients' business objectives by transforming people, processes, and technology.

Specific Areas of Specialization

The firm specializes in:

Salesforce Consulting: Providing strategic advisory, implementation, and managed services to optimize Salesforce platforms.

Oracle NetSuite Consulting: Offering expertise in ERP selection, implementation, and ongoing innovation on the NetSuite platform.

AI and Analytics: Developing practical, impactful AI solutions informed by clients' existing datasets from CRM, ERP, cloud data warehouses, and BI platforms.

Key Technologies Utilized

Plative leverages technologies such as Salesforce, Oracle NetSuite, Amazon Web Services (AWS), and Heroku to deliver comprehensive cloud solutions.

Primary Markets Targeted

The company serves various industries, including financial services, professional services, nonprofit organizations, technology, media, and consumer goods.

Financials and Funding

Funding History

Plative has not publicly disclosed specific funding details. The company has achieved significant revenue growth, reaching $42.1 million in 2024, up from $28 million in 2023.

Utilization of Capital

The company has invested in expanding its AI and analytics practice, focusing on developing practical AI solutions informed by clients' existing datasets.

Pipeline Development

Plative has been actively developing and implementing AI solutions integrated with Salesforce, NetSuite, and Slack, utilizing technologies like OpenAI, Anthropic, and Cohere. These solutions include automated customer meeting summaries, sentiment reports, AI-powered company briefings, and natural language querying of business intelligence platforms.

Technological Platform and Innovation

Proprietary Technologies

Plative has developed proprietary AI solutions integrated with Salesforce, NetSuite, and Slack, utilizing technologies like OpenAI, Anthropic, and Cohere.

Significant Scientific Methods

The company employs AI-driven capabilities, including machine learning algorithms, to develop practical and impactful solutions informed by clients' existing datasets.

Leadership Team

Key Executives

Paulo Kaiser: Chief Executive Officer (CEO). Paulo has been instrumental in leading Plative's growth and expansion, focusing on delivering value through cloud technology solutions.

Naushad Parpia: Chief Executive Officer (CEO). Naushad has been recognized for his leadership in driving Plative's mission to improve client performance through innovative solutions.

Leadership Changes

Specific details regarding recent leadership changes or appointments are not publicly disclosed.

Competitor Profile

Market Insights and Dynamics

The market for cloud technology consulting services is growing, with companies seeking to optimize operations through platforms like Salesforce and Oracle NetSuite. The integration of AI and analytics into these platforms is becoming increasingly important for businesses aiming to enhance decision-making and operational efficiency.

Competitor Analysis

Plative faces competition from other consulting firms specializing in Salesforce and Oracle NetSuite solutions, as well as those offering AI and analytics services. Specific competitors are not publicly disclosed.

Strategic Collaborations and Partnerships

Significant Collaborations

Plative has formed strategic partnerships to enhance its service offerings:

Classy: In May 2021, Plative and Classy announced a partnership to bring Classy's event management and online fundraising software to more social impact organizations.

Operational Insights

Plative's strategic collaborations aim to strengthen its market position by expanding service capabilities and enhancing innovation capacity.

Strategic Opportunities and Future Directions

Strategic Roadmap

Plative plans to continue expanding its AI and analytics practice, focusing on developing practical AI solutions informed by clients' existing datasets. The company aims to deliver secure, scalable, and universally connected AI solutions to empower organizations with business insights and natural data interactions.

Future Business Directions

The company is exploring opportunities to expand its AI and analytics offerings, particularly in integrating AI capabilities into Salesforce, NetSuite, and Slack platforms. Plative is also considering international expansion to bring its innovative solutions to a broader client base.