Niche Market Focus Synlio specializes in automating RFP and bidding processes primarily for commercial real estate property management, indicating a strong potential to expand within this industry segment by offering tailored solutions and integrations.

Recent Acquisition Being acquired by Building Engines in November 2019 offers opportunities to cross-sell Synlio's RFP automation tools to Building Engines' existing customer base in building operations and property management sectors.

Growth Potential With a revenue range of 1 to 10 million and a small team of 2-10 employees, Synlio presents a scalable product that can be introduced to mid-sized organizations seeking efficiency improvements in their procurement processes.

Technology Stack Utilizing modern web technologies like React and engagement tools such as Hotjar and Piwik suggests that Synlio is well-positioned to enhance user experience and gather actionable data to refine its offerings for enterprise clients.

Market Expansion Targeting industries that rely heavily on procurement and vendor management, such as government agencies and educational institutions, could significantly broaden Synlio's customer base and revenue opportunities.