O.C. Tanner Strengths, Domain Expertise, and Key Differentiators
O.C. Tanner's core strengths lie in its flexibility, which is evident across critical areas such as award variety, global expertise, consultation services, adaptable technology, billing models, and custom branding. These strengths empower clients across diverse industries, creating a competitive edge. O.C. Tanner's strategic moves, technological integration, and commitment to client success position it as a pivotal player in shaping the future of employee recognition, embracing the transformative potential of the cloud.
O.C. Tanner Recent Developments
In 2024, O.C. Tanner introduced its latest product, Culture Intelligence, an innovative suite of AI-based tools integrated into their Culture Cloud platform. This product aims to improve workplace culture through advanced analytics and personalized recommendations.
O.C. Tanner continues to drive industry innovation with features that enhance user engagement and business impact. In 2022, it introduced Nudges to encourage peer recognition, while tools like the Flight Risk Dashboard highlight the measurable value of recognition. Earlier, the 2021 launch of Group Deposits simplified sending points at scale, reflecting the company's ongoing commitment to growth and usability.
O.C. Tanner Mergers and Acquisitions (M&A) Activities
In the realm of strategic acquisitions, O.C. Tanner acquired Kwench in April 2019, fortifying its presence in India and offering enhanced corporate recognition solutions globally. Another significant acquisition was Accumulate in November 2017, positioning O.C. Tanner as a leading provider of employee recognition and incentive solutions in Australia.
O.C. Tanner Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying O.C. Tanner 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 O.C. Tanner 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 O.C. Tanner Culture Cloud customers.
O.C. Tanner Overview
930 South State Street
Salt Lake City, UT, 84115, United States
1 801-486-2430
https://www.octanner.com/
Ownership: - x
Number of Employees: 1600
Functional Markets: HCM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction and Real Estate, CPG, Distribution, Education, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil Gas Chemicals, Professional Services, Retail, Transportation, Utility,
O.C. Tanner Key Enterprise and Cloud Applications
O.C. Tanner Culture Cloud
O.C. Tanner Revenues, $M:
| Type/Year | 2023 | 2024 | 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.
O.C. Tanner Revenue Breakdown By Type, $M:
O.C. Tanner Enterprise Applications Revenues By Functional Markets, $M:
O.C. Tanner Enterprise Applications Revenues By Verticals, $M:
O.C. Tanner Revenues By Region, $M
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
O.C. Tanner Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
O.C. Tanner Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified O.C. Tanner Customers
No. of O.C. Tanner Customers: 3195
No. of O.C. Tanner Enterprise Applications Customers: x
No. of O.C. Tanner Cloud Customers: x
No. of O.C. Tanner Cloud Subscribers: 14 million
With a clientele spanning various sectors including technology, manufacturing, healthcare, and more, O.C. Tanner supports 14 million employees globally through its Culture Cloud apps and solutions. Notable clients like U.S. Bank, GE Appliances, and Harvard University underscore the company's broad industry reach.
O.C. Tanner Market Opportunities, M&A and Geo Expansions
O.C. Tanner's opportunities lie in the horizontal and vertical market expansions, as exemplified by its entrance into India through the Kwench acquisition. The company's commitment to embracing technologies like AI and ML positions it at the forefront of the evolving landscape of employee recognition.
O.C. Tanner Risks and Challenges
Potential risks for O.C. Tanner include competition from HRIS and HR Technologies vendors incorporating recognition solutions, although these solutions may lack the sophistication required by clients. Another risk involves a new award fulfillment model, emphasizing the importance of a mix of capabilities to meet market expectations.
O.C. Tanner Ecosystem, Partners, Resellers and SI
In August 2024, O.C. Tanner announced a partnership with CipherHealth to improve recognition and well-being for healthcare workers. The collaboration integrates recognition tools into the CipherRounds platform, allowing healthcare workers to receive real-time recognition, such as Ncards – thank-you notes from patients or colleagues.
O.C. Tanner operates through 30+ facilities globally, with headquarters in strategic locations such as Salt Lake City, Toronto, London, Mumbai, and more. The company's global reach extends through legal entities in Mexico, China, Hong Kong, Japan, and partnerships in 80+ countries, solidifying its position in the ecosystem of employee recognition.
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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