AGroup Among Cloud Top 500

Duntes Str. 3

Riga, x, LV-1013, Latvia

371 6-789-5602

https://www.agroup.lv/

1260

AGroup Strengths, Domain Expertise, and Key Differentiators

AGroup is one of the leaders in human resource management and payroll solutions in Eastern Europe and the Middle East. With an exclusive focus on HR and Payroll in the last 15 years, they have gained expertise in the area and their products help streamline the processes, reduce complexity and maximize productivity for hundreds of organizations in 24 countries.

AGroup Recent Developments

In September 2021, AGroup launched HRB Mobile App release. It is targeted for self-service users such as field, distributed & remote workforce of companies operating in various geographies and languages. HRB Mobile App includes the main HRB Portal modules and functions supported by multilingual interfaces (LV, LT, EE, PL, EN) on Androids & iOS. HRB Mobile App will be available solely to AGroup HRB Portal users.

AGroup and Telia Lietuva have finished HRB Portal implementation for more than 3,000 employees in Lithuania.

AGroup Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying AGroup 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 AGroup 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 Agroup HRB Portal, Agroup HRB Portal Cloud, customers.

AGroup Key Enterprise and Cloud Applications

Agroup HRB Portal, Agroup HRB Portal Cloud,

AGroup Revenues, $M:

Type/Year20202021YoY 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.

AGroup Revenue Breakdown By Type, $M:

TypeLicenseProf. ServicesHardwareSupport & MaintenanceSaaSPaaSIaaSOther (Non Enterprise Application Revenues)Total
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe 100%
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe

AGroup Revenues By Region, $M

Region% of Total Revenues2021 Total Revenues, $M2021 Enterprise Applications Revenues, $M2021 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

AGroup Direct vs Indirect sales

RegionDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

AGroup Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified AGroup Customers


No. of AGroup Customers: 550

No. of AGroup Enterprise Applications Customers: 550

No. of AGroup Cloud Customers: x

No. of AGroup Cloud Subscribers: x


In January 2021, fashion retailer Stockmann opted its HRB Portal for Cloud. The project was carried out for the Latvian Stockmann in Riga with appr. 300 employees. It was initiated in September 2019 with the analysis and Functional Design Specification (FDS) phases followed by a break and then it was continued from September 2020 and finalized in January 2021. The main scope of the project included migration from the previous simple version of HRB 3.1. to a new enhanced one, that is HRB Portal 5.6., which in itself has brought the client numerous benefits, as well as the project, has encompassed the digitalization of core HR modules, such as: HR administration; Time & Attendance including working time; Payroll including receivables & payables. HRB Portal 5.6. has been integrated with the client’s major HR components: the Finnish HR system, the clocking system “Flexim” and the finance system “Oracle”.

AGroup products are used to manage organizations ranging between 20 and 10,000 employees. Their customer community includes over 550 organizations, including multinationals operating in Eastern Europe such as DHL, Telia Lietuva, Lidl, AIG, British Petroleum, Phillips, Sony, Citi Group, Lukoil, Bosch, Loreal, Metlife, AIG, PWC, Wella, 3M, Philip Morris, Pepsico, Honda, GSK, Deutsche Bank, UBS, Swissotel, and many others.

AGroup Market Opportunities, M&A and Geo Expansions

Demographics changes will fuel Agroup's growth across Eastern Europe.

AGroup Risks and Challenges

AGroup's HRB Portal is directed at the cheaper Eastern Europe markets, which in turn means slower development and expansion in comparison to its western aimed counterparts.

AGroup Ecosystem, Partners, Resellers and SI

The law firm Glimstedt is AGroup's legal partner that creates a safe and agile work environment tailored to the Agile clients' unique business needs embracing collaboration and candour. This means servicing all HRB Portal users with all the necessary suite of legal and regulatory support in Latvia, Lithuania, and Estonia, ensuring full compliance with local legislation and proper conditions to make informed & confident decisions that work.

AGroup stands present with offices in Latvia, Poland, and Russia.

AGroup Cloud Infrastructure Insights

Subscribe to read more about:

  • AGroup Public Cloud and Infrastructure (IaaS)
  • AGroup Platform (PaaS)
  • AGroup Application Delivery
  • AGroup 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).


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