PRGX Global Inc. Strengths, Domain Expertise, and Key Differentiators
PRGX Global is a provider of Source to Pay (S2P) services catering to a diverse clientele, including some of the world's largest and intricate companies. The company draws upon a nearly 50-year history, award-winning technology, extended client relationships exceeding 20 years, and extensive analytics expertise. Its solutions aim to assist clients in various aspects such as profit recovery, strategic procurement, and risk management. PRGX analyzes a substantial volume, exceeding $2 trillion, of its clients' spending data annually, contributing over $1 billion in EBITDA and working capital for its clients. The company is actively expanding its offerings in source-to-pay analytics, advisory services, and supplier information management ("SIM"), aiming to enhance the value provided to clients and generate sustainable revenue through new SaaS-based initiatives.
PRGX Global Inc. Recent Developments
As the pioneer of the recovery audit industry over four decades ago, PRGX maintains a commitment to ongoing innovation through advancements in technology and the continual expansion of its service portfolio.
PRGX Global Inc. Mergers and Acquisitions (M&A) Activities
In March 2021, Ardian, a private investment firm, completed the acquisition of PRGX Global Inc. Following the acquisition, PRGX now functions as a privately held company.
In February 2017, PRGX Global acquired Cost & Compliance Associates (C&CA), a commercial Recovery Audit and Contract Compliance firm with operations in the US and the UK.
PRGX Global Inc. Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying PRGX Global Inc. 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 PRGX Global Inc. 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 PRGX Recovery Audit, customers.
PRGX Global Inc. Overview
200 Galleria Parkway
Atlanta, GA, 30339, United States
1 888-799-7976
https://www.prgx.com/
Ownership: - Ardian
Number of Employees: 1600
Functional Markets: Analytics and BI, ERP Services and Operations, Procurement, TRM,
Key Verticals: Banking and Financial Services, Communications, Construction, Consumer Packaged Goods, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Retail, Utilities,
PRGX Global Inc. Key Enterprise and Cloud Applications
PRGX Recovery Audit,
PRGX Global Inc. 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.
PRGX Global Inc. Revenue Breakdown By Type, $M:
PRGX Global Inc. Enterprise Applications Revenues By Functional Markets, $M:
PRGX Global Inc. Enterprise Applications Revenues By Verticals, $M:
PRGX Global Inc. 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 |
PRGX Global Inc. Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
PRGX Global Inc. Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified PRGX Global Inc. Customers
No. of PRGX Global Inc. Customers: 1000
No. of PRGX Global Inc. Enterprise Applications Customers: 1000
No. of PRGX Global Inc. Cloud Customers: x
No. of PRGX Global Inc. Cloud Subscribers: x
PRGX Global, boasting a workforce exceeding 1,600 professionals, extends its services to clients across over 30 countries. The company holds a prominent position in the market, catering to 75% of the leading 20 global retailers and serving over 25% of the top 50 Fortune 500 companies.
PRGX Global Inc. Market Opportunities, M&A and Geo Expansions
PRGX Optix is strategically poised to leverage emerging market opportunities, specifically within the domains of Cloud, IoT, AI, and ML technologies. The platform's inherent capability for both horizontal and vertical market expansion is intricately aligned with the dynamic requirements of modern businesses. By adeptly embracing these transformative technologies, PRGX Optix positions itself at the vanguard of innovation, thereby establishing a favorable position to explore novel regions and industry verticals.
PRGX Global Inc. Risks and Challenges
In May 2023, PRGX submitted a data breach notification to the Attorney General of Maine upon uncovering unauthorized access to confidential consumer data within the company's computer network. As per the official disclosure, the breach led to an unauthorized party obtaining consumers' names, Social Security numbers, and financial account details. Subsequent to confirming the data exposure, PRGX initiated the dissemination of data breach notification letters to all individuals affected by the recent security incident.
PRGX Global Inc. Ecosystem, Partners, Resellers and SI
PRGX Global Inc. primarily engages in direct sales, with acquisitions playing a significant role in past revenue generation and anticipated future contributions to their overall financial performance.
PRGX Global Inc. Cloud Infrastructure Insights
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- PRGX Global Inc. Public Cloud and Infrastructure (IaaS)
- PRGX Global Inc. Platform (PaaS)
- PRGX Global Inc. Application Delivery
- PRGX Global Inc. 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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