Unicorn HRO Strengths, Domain Expertise, and Key Differentiators
Unicorn HRO boasts a strong reputation in HR and payroll solutions, offering its cloud-based iCON platform, which integrates human capital management, benefits administration, and workforce management. Its focus on compliance, security, and scalability makes it a preferred choice for mid-sized and large enterprises. With high customer retention and a track record of industry expertise, the company delivers reliable, tailored HR solutions across multiple sectors.
Unicorn HRO Recent Developments
Unicorn HRO has been making significant strides in enhancing the security of its iCON platform. In June 2021, the company introduced multi-factor authentication (MFA) to mitigate the risks associated with compromised passwords. This addition provides organizations with an extra layer of protection against damaging attacks, bolstering Unicorn HRO's commitment to data security.
Furthermore, Unicorn HRO has expanded its offerings through strategic partnerships. For instance, the collaboration with Visual Computer Solutions has enabled the integration of scheduling, time management, and attendance software with Unicorn HRO's comprehensive HRIS platform. These developments have contributed to Unicorn HRO's consistent revenue growth and sustained profitability.
Unicorn HRO partnered with Brilliant HR, a Comprehensive Compensation (CoCo) provider, in May 2020. This collaboration has allowed Unicorn HRO to augment its HRIS platform with Brilliant HR's compensation features, enabling clients to access a comprehensive HCM management tool.
Unicorn HRO Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Unicorn HRO 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 Unicorn HRO 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 Unicorn HRO customers.
Unicorn HRO Overview
25B Hanover Road
Florham Park, NJ, 7932, United States
1 800-368-8149
https://www.unicornhro.com/
Ownership: - x
Number of Employees: 60
Functional Markets: HCM,
Key Verticals: Education, Government, Healthcare, Leisure and Hospitality, Manufacturing, Non Profit, Professional Services, Retail, Transportation,
Unicorn HRO Key Enterprise and Cloud Applications
Unicorn HRO
Unicorn HRO 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.
Unicorn HRO Revenue Breakdown By Type, $M:
Unicorn HRO Enterprise Applications Revenues By Functional Markets, $M:
Unicorn HRO Enterprise Applications Revenues By Verticals, $M:
Unicorn HRO 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 |
Unicorn HRO Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Unicorn HRO Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Unicorn HRO Customers
No. of Unicorn HRO Customers: 800
No. of Unicorn HRO Enterprise Applications Customers: x
No. of Unicorn HRO Cloud Customers: x
No. of Unicorn HRO Cloud Subscribers: x
Unicorn HRO serves a diverse range of industries, including healthcare, hospitality, manufacturing, education, and professional services. Its solutions cater to organizations requiring comprehensive payroll, benefits administration, and workforce management tools. With a client base of over 800 companies and millions of employees impacted, Unicorn HRO is positioned as a trusted HR technology provider for businesses seeking efficient and compliant human capital solutions.
Unicorn HRO Market Opportunities, M&A and Geo Expansions
As the industry gravitates toward cloud-based HCM solutions, Unicorn HRO's forward-looking approach positions it favorably amidst this burgeoning trend. The company is poised to leverage the growing demand for cloud adoption, presenting an avenue for expanding its customer base exponentially.
Moreover, the potential for geographical expansion into untapped markets holds significant promise for Unicorn HRO. By leveraging its expertise and forging strategic partnerships, the company can penetrate new territories and capitalize on emerging opportunities.
Unicorn HRO Risks and Challenges
Unicorn HRO faces competition from larger HCM providers such as ADP, Workday, and Paycom, which offer comprehensive HR suites with advanced AI capabilities. Economic downturns could lead businesses to cut costs or switch to lower-priced competitors. Regulatory complexities require constant system updates, and cybersecurity threats pose risks to sensitive payroll and employee data.
Unicorn HRO Ecosystem, Partners, Resellers and SI
Unicorn HRO's ecosystem of technology integrations and partnerships with renowned entities like Concur, IBM Cognos Analytics, and others, enriches their offering, providing clients with a seamless suite of integrated solutions. Collaborations with entities such as The Unicorn Group for non-profit support and BenAdvance in the wellness and worksite benefits industry further showcase their commitment to diversifying and enriching their product offerings.
In conclusion, Unicorn HRO's strategic initiatives, fortified by its commitment to innovation and partnerships, position the company as a vanguard in the ever-evolving realm of HCM. As the industry continues its trajectory towards cloud adoption and technological integration, Unicorn HRO stands poised to lead the charge, setting benchmarks for comprehensive and adaptable HCM solutions.
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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