BlackBaud Touts $ 8 Billion Market Opportunity In Executive Announcement

Non Profit software publisher Blackbaud announced the hiring of ex-Capgemini Government Solutions CEO Joe Moye to head their new Enterprise Customer Business Unit. The existing CEO of that unit, Gene Austin, will leave to pursue other opportunities.

Most of the press release is rather standard. It explains that Joe Moye replaces Gene Austin who joined Blackbaud when the company purchased Convio in May of this year for a reported $275 million.

Non Profit Times reported in August 2012 that Blackbaud eliminated about 50 duplicate positions and that Gene Austin would depart.

The press release touts “an $8 billion global opportunity” for enterprise customers. In its most recent December 31, 2011 financial statements Blackbaud reported slightly over $370 million in gross revenues.

 

Blackbaud works with more than 27,000 nonprofit customers in over 60 countries that support higher education, healthcare, human services, arts and culture, faith, the environment, independent K-12 education, animal welfare and other charitable causes. The company offers a full spectrum of cloud-based and on-premise software solutions and related services for organizations of all sizes including: fundraising software, online fundraising software, event fundraising software, eMarketing, social media, advocacy, constituent relationship management (CRM), analytics, financial management and vertical-specific solutions for ticketing, school management, and more. Using Blackbaud software for nonprofits, these organizations raise more than $100 billion each year. Recognized as a top company by Forbes, InformationWeek, and Software Magazine and honored by Best Places to Work, Blackbaud is headquartered in Charleston, South Carolina and has operations in the United States, Australia, Canada, Mexico, the Netherlands and the United Kingdom.

Joe Moye Joins Blackbaud as Enterprise Customer Business Unit President

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