iqDynamics Strengths, Domain Expertise, and Key Differentiators
Established in 1994 by a team of seasoned technology professionals, iqDynamics embarked on a mission to deliver enterprise-grade software solutions in cost-effective formats to organizations and businesses of varying sizes. The company's product portfolio has evolved over the years, starting with the introduction of MembersLink, a comprehensive club management system.
In 2002, they expanded their offerings by launching StudentLink, a school management system, followed by the introduction of HRiQ Human Capital Management Solution in the subsequent year. Over the past two decades, iqDynamics has successfully deployed all three solutions across a wide spectrum of businesses, organizations, clubs, educational institutions, and charitable organizations.
iqDynamics Recent Developments
In January 2019, iqDynamics launched the latest version of their flagship product, HRiQ 6.1. This release introduced new features and updated functions, empowering individuals and teams with advanced capabilities for HRMS and Talent Management. The company has experienced steady revenue growth and profitability over the years, driven by its commitment to delivering high-quality software solutions.
iqDynamics Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying iqDynamics applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of iqDynamics and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified HRIQ HRMS, HRIQ Talent customers.
iqDynamics Overview
351 Braddell Road,#04-04
Singapore, x, 579713, Singapore
65 6594-4138
https://www.iqdynamics.com/
Ownership: - x
Number of Employees: 200
Functional Markets: HCM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
iqDynamics Key Enterprise and Cloud Applications
HRIQ HRMS, HRIQ Talent
iqDynamics Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
iqDynamics Revenue Breakdown By Type, $M:
iqDynamics Enterprise Applications Revenues By Functional Markets, $M:
iqDynamics Enterprise Applications Revenues By Verticals, $M:
iqDynamics Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
iqDynamics Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
iqDynamics Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified iqDynamics Customers
No. of iqDynamics Customers: 450
No. of iqDynamics Enterprise Applications Customers: 450
No. of iqDynamics Cloud Customers: x
No. of iqDynamics Cloud Subscribers: 90000
iqDynamics has served over 350 customers in Singapore and the APAC region since its establishment. More than 450 customers and 90,000 users rely on the HRiQ platform. Notable customers include MMi, MTQ, Champion Technologies, Watsons, Heritage Trust Group, Panasonic, Hagemeyer, Herbert Smith Freehills, and others. This diverse customer base underscores the company's ability to cater to various industry verticals.
iqDynamics Market Opportunities, M&A and Geo Expansions
The increasing adoption of cloud-based HRMS solutions presents significant opportunities for iqDynamics. Furthermore, the rise of the gig economy and remote work arrangements creates a demand for agile and scalable talent management solutions.
With a solid foothold in Singapore, iqDynamics can seize growth opportunities by expanding its presence in other Asian-bloc countries. Adapting its solutions to cater to the specific needs of these markets will be crucial for long-term success.
iqDynamics Risks and Challenges
Entering new markets and establishing brand recognition outside of Singapore may require strategic partnerships, localized marketing efforts, and compliance with regulatory frameworks.
iqDynamics Ecosystem, Partners, Resellers and SI
iqDynamics has forged strategic industry and technology alliances to enhance its ecosystem. These alliances include partnerships with Microsoft, IBM, Hewlett-Packard, SHRI, and SGTECH. Such collaborations enable iqDynamics to integrate its solutions with cutting-edge technologies, leverage network effects, and access a broader customer base. Additionally, iqDynamics maintains relationships with key system integrators and value-added resellers, such as ML IT Partners Sdn Bhd, Pay Dynamics, and aZaaS, strengthening its reach and market presence.
iqDynamics Cloud Infrastructure Insights
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- iqDynamics Public Cloud and Infrastructure (IaaS)
- iqDynamics Platform (PaaS)
- iqDynamics Application Delivery
- iqDynamics Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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