TimeTec Group Strengths, Domain Expertise, and Key Differentiators
TimeTec Group, founded in 2000, provides integrated cloud solutions for workforce management, security, and property management.
For workforce management, TimeTec offers systems for time attendance, leave, recruitment, employee profiles, and claims.
Its security solutions include parking systems, visitor management, access control, patrolling, IoT devices, and surveillance.
For property management, TimeTec provides iNeighbour, TimeTec Building, i-Account, a housing developer module, and a smart home system to support digital building management.
TimeTec Group Recent Developments
In July 2024, TimeTec Group announced that TimeTec Appraisal is the latest addition to its HRMS suite. TimeTec Appraisal aims to simplify and improve the performance evaluation process for its customers.
TimeTec Group has been making noteworthy advancements in recent times. In December 2020, the company introduced TimeTec Parking System, a cloud-based parking solution. The system offers touchless and cashless operations through a user-friendly app, enhancing convenience for patrons. Moreover, it goes beyond parking, enabling drivers to connect with other activities post-parking, thus adding value for both building owners and users.
In November 2020, TimeTec Group unveiled a comprehensive security solution with a series of IoT products. These devices safeguard homes and offices against theft, fire, and water damage. Equipped with smart gateways, cameras, sensors, and alarms, this offering provides real-time monitoring capabilities through the i-TimeTec App, ensuring peace of mind for users.
Furthermore, TimeTec Group responded to the challenges posed by the Covid-19 pandemic by introducing the Anti-Epidemic biometrics product series in May 2020. This series includes biometric devices that measure body temperature and verify mask usage before granting access to premises. These contactless solutions help prevent cross-contamination while complying with health authority guidelines. Additionally, the company launched BoTemp, a device specifically designed for businesses requiring a simple tool to measure patrons' body temperature accurately.
TimeTec Group Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying TimeTec Group 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 TimeTec Group 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 TimeTec Hire, TimeTec Payroll, TimeTec Leave, TimeTec Building, TimeTec Parking, TimeTec Patrol and others. customers.
TimeTec Group Overview
No. 10, Jalan BK 3/2, Bandar Kinrara
Puchong, x, 47180, Malaysia
60 3 8070-9933
Ownership: - x
Number of Employees: 150
Functional Markets: ERP Financial, ERP Services and Operations, HCM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction and Real Estate, CPG, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil Gas Chemicals, Professional Services, Retail, Transportation, Utility,
TimeTec Group Key Enterprise and Cloud Applications
TimeTec Hire, TimeTec Payroll, TimeTec Leave, TimeTec Building, TimeTec Parking, TimeTec Patrol and others.
TimeTec Group 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.
TimeTec Group Revenue Breakdown By Type, $M:
TimeTec Group Enterprise Applications Revenues By Functional Markets, $M:
TimeTec Group Enterprise Applications Revenues By Verticals, $M:
TimeTec Group 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 |
TimeTec Group Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
TimeTec Group Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified TimeTec Group Customers
No. of TimeTec Group Customers: 1500
No. of TimeTec Group Enterprise Applications Customers: 700
No. of TimeTec Group Cloud Customers: x
No. of TimeTec Group Cloud Subscribers: 150000
TimeTec Group serves a diverse clientele across various industries, providing cloud-based solutions for workforce management, security, and smart residential applications. Notable customers include: QSR Brands, Central Sugars Refinery, Versace Hong Kong, BP Healthcare, Adabi Consumer Industries, JD Sports Malaysia.
TimeTec Group Market Opportunities, M&A and Geo Expansions
TimeTec has expanded into Penang Cybercity, Malaysia, to strengthen its presence in the Northern region. This move reflects its commitment to providing tailored solutions and excellent service while integrating with the local community. Beyond opening a new branch, TimeTec aims to align its ecosystem with local needs, delivering comprehensive services that cater to Malaysia’s diverse market. With a track record of innovation and customer service, TimeTec values its local connections and seeks to build lasting relationships.
While continuing its global expansion across 150+ countries, TimeTec remains committed to balancing worldwide reach with strong local engagement.
TimeTec Group Risks and Challenges
The adoption of TimeTec's software solutions relies on the escalation of hardware attach rates, particularly in driving the integration of supplementary workforce management capabilities.
TimeTec Group Ecosystem, Partners, Resellers and SI
TimeTec has established a robust global presence, boasting over 400+ partners worldwide across more than 150 countries. These partners are instrumental in selling, managing, and implementing TimeTec's diverse range of solutions, which encompass Human Resource Management, Property Management, Security & People Flow, and Biometric Devices & IoT. By providing direct training and support, TimeTec partners ensure that clients maximize their technology investments.
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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