O.C. Tanner Strengths, Domain Expertise, and Key Differentiators
O.C. Tanner's core strengths lie in its flexibility, 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 cloud, IoT, AI, and ML technologies.
O.C. Tanner Recent Developments
O.C. Tanner, with its rich history of product innovation, continues to influence the industry positively. In 2022, the company launched Nudges, a feature prompting users to recognize peers, showcasing a commitment to user engagement. This, coupled with impactful dashboards like the Flight Risk Dashboard, demonstrates O.C. Tanner's dedication to showcasing recognition's tangible impact on key business results. The company consistently exhibits growth, with initiatives like Group Deposits in 2021, enhancing the ease of sending points at scale.
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's Culture Cloud, Thanks customers.
O.C. Tanner Overview
1930 S. State Street
Salt Lake City, UT, 84115, United States
1 801-486-2430
https://www.octanner.com/
Ownership: - x
Number of Employees: 1507
Functional Markets: HCM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
O.C. Tanner Key Enterprise and Cloud Applications
O.C. Tanner's Culture Cloud, Thanks
O.C. Tanner 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.
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 | 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 |
O.C. Tanner Direct vs Indirect sales
| Region | 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: 1100
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
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.
O.C. Tanner Cloud Infrastructure Insights
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- O.C. Tanner Public Cloud and Infrastructure (IaaS)
- O.C. Tanner Platform (PaaS)
- O.C. Tanner Application Delivery
- O.C. Tanner 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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