P&I Personal & Informatik Strengths, Domain Expertise, and Key Differentiators
P&I offers a dynamic HR system, consistently improving all aspects of modern personnel management, from payroll accounting to time and travel expense management. Undergoing a significant transformation from an on-premises solution, the platform is now named LogaHR, reflecting its evolution into a fully cloud-based system. This intuitive and efficient platform empowers HR departments to prioritize core functions, driving substantial value addition for companies aligned with top management's strategic direction.
P&I Personal & Informatik Recent Developments
In 2022, the cloud-native service platform LogaHR emerged as the primary catalyst for growth, surpassing its predecessor, P&I LogaAll-in. Fully transitioning to the cloud in 2022, LogaHR exhibited remarkable performance this fiscal year, driving a significant surge in revenue. Its earnings soared by EUR 33.2 million, reaching a substantial total of EUR 70.3 million. Consequently, it supplanted maintenance services as the leading revenue stream within the P&I Group, constituting 41% of the total revenue for the period under review. This achievement marks a nearly twofold increase compared to the preceding year.
In 2023, P&I AG underwent a pivotal transformation towards HR-as-a-Service (HRaaS), emphasizing digitalization and HR management automation. The Executive Board expansion welcomed Mr. Sven Ekerdt as Chief Application Officer (CAO) and Mr. Christian Rhein as Chief Technology Officer (CTO). This move underscores P&I AG's commitment to technological advancement and its strategic positioning in the evolving HR landscape.
In April 2020, P&I appointed Sandor Andorko and Markus Fandler, industry veterans, to lead its Austrian operations. Andorko, formerly of SAP, brings extensive experience as Chief Business Officer, focusing on strategic planning and performance management. Fandler, previously Head of Operational IT at PORR AG, spearheaded IT and data center operations, and led digitization initiatives.
P&I has reported steady growth in recent years, with their 2021/2022 financial year showing a 13.6% increase in revenue and a 16.5% increase in EBITDA compared to the previous year [Annual report P&I Personal & Informatik AG]. In May 2018, P&I AG and KRZ Lemgo initiated the P&I LogaAll-in cooperative project, aiming to enhance digital HR services for the municipal public sector. This collaboration focuses on optimizing automation and standardization of P&I LogaAll-in operations, leveraging KRZ's expertise in IT security and data protection.
P&I Personal & Informatik Mergers and Acquisitions (M&A) Activities
In September 2021, P&I AG expanded its presence in Austria and Switzerland through the acquisition of the VRZ Group. VRZ Informatik, based in Dornbirn, Austria, specializes in IT infrastructure, software development, and payroll accounting. The acquired company, with approximately 50 skilled employees, will operate as an independent unit within P&I AG.
Furthermore, P&I AG completed the acquisition of OP&V GmbH, effective April 1, 2020. With over 50 years of experience, OP&V GmbH focuses on HR business process outsourcing, serving as a strategic partner to numerous clients across various industries. The acquisition enhances P&I AG's HR service offerings and incorporates a dedicated team of 50 employees. Management responsibilities remain with Mr. Konstantin Plümer, Mr. Nicolas Schwarzpaul, and Mr. Vasilios Triadis, CEO of P&I AG.
In a prior acquisition in September 2019, P&I AG acquired UBM-Drecker, a specialist provider of corporate reporting services. This acquisition not only brought a team of motivated specialists but also secured product rights to the PERFIDIA system, which has since been integrated into P&I products. UBM-Drecker also serves approximately 400 customers with its proprietary wage and salary software.
P&I Personal & Informatik Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying P&I Personal & Informatik 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 P&I Personal & Informatik 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 P&I LogaHR customers.
P&I Personal & Informatik Overview
Kreuzberger Ring 56
Wiesbaden, x, 65205, Germany
49 611 7147-0
https://www.pi-ag.com/
Ownership: - x
Number of Employees: 600
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,
P&I Personal & Informatik Key Enterprise and Cloud Applications
P&I LogaHR
P&I Personal & Informatik 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.
P&I Personal & Informatik Revenue Breakdown By Type, $M:
P&I Personal & Informatik Enterprise Applications Revenues By Functional Markets, $M:
P&I Personal & Informatik Enterprise Applications Revenues By Verticals, $M:
P&I Personal & Informatik 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 |
P&I Personal & Informatik Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
P&I Personal & Informatik Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified P&I Personal & Informatik Customers
No. of P&I Personal & Informatik Customers: 15000
No. of P&I Personal & Informatik Enterprise Applications Customers: 15000
No. of P&I Personal & Informatik Cloud Customers: x
No. of P&I Personal & Informatik Cloud Subscribers: x
P&I operates as a prominent HR applications vendor in Germany, serving 15,000 customers. Alongside its HR app offerings, the company extends Business Process Outsourcing (BPO) services to a diverse clientele across German-speaking regions.
P&I Personal & Informatik Market Opportunities, M&A and Geo Expansions
P&I Personal & Informatik has promising opportunities as a SaaS company. They've already transitioned their business model towards recurring revenue from SaaS subscriptions, and their flagship product, P&I LogaHR, is a comprehensive HR platform encompassing various aspects of modern HR management. This positions them well to capture market share in the growing cloud-based HR software market in German-Speaking countries. Additionally, their focus on user-friendliness and continuous development could further strengthen their position in the competitive SaaS landscape.
P&I Personal & Informatik Risks and Challenges
Despite the potential of the SaaS model, P&I faces challenges. The competitive landscape is crowded with established players, requiring P&I to carve out a niche. Security and data privacy are paramount, as breaches can erode trust. Integrating P&I LogaHR with existing systems can be complex, and maintaining a feature-rich platform necessitates ongoing technical expertise and resources.
P&I Personal & Informatik Ecosystem, Partners, Resellers and SI
In 2022, Mirus Software AG, a subsidiary of P&I AG in Switzerland, has integrated the Favur application from UFirst into its Mirus HR 3.0 software. This digital HR platform offers users enhanced mobile communication capabilities, reinforcing Mirus Software AG's position as a leading provider of HR solutions for the hotel, catering, and tourism industries.
P&I Personal & Informatik operates across multiple countries, including Germany, Switzerland, Austria, Greece, Slovakia, and the Netherlands. Collaborating with certified partners such as ADP Employer Services GmbH, B&S InterFace GmbH & Co. KG, and others, P&I aims to enhance HR management solutions. Moreover, the company initiated the P&I LogaAll-in cooperative project with KRZ Lemgo in May 2018, aiming to optimize digital HR services for the municipal public sector.
P&I Personal & Informatik Cloud Infrastructure Insights
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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).
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