CIPHR Strengths, Domain Expertise, and Key Differentiators
CIPHR is a provider of SaaS HR, payroll, recruitment and learning software which connects businesses with their employees via an online platform, CIPHR Connect. The business’ marketplace offering allows its proprietary HR software to be integrated with customers’ existing tools, taking the strain out of HR admin and improving data accuracy.
CIPHR Recent Developments
In 2020, CIPHR, a UK provider of SaaS HR, payroll, recruitment and learning solutions, is rebranding its HCM platform as ‘CIPHR Connect’. The new name is designed to emphasise the importance of connectivity between specialist software at the heart of CIPHR’s offering to customers and create a clearer distinction between the growing activities of the CIPHR Group and the range of products that CIPHR offers.
In June 2018, CIPHR launched CIPHR Connect: an ecosystem of trusted business applications that integrate seamlessly with CIPHR’s HR and recruitment solutions, connecting people data across the organization and enabling HR departments to work more strategically and effectively.
CIPHR Mergers and Acquisitions (M&A) Activities
In December 2019, CIPHR acquired its long-term strategic software and services partner, Payroll Business Solutions (PBS). The acquisition is a natural fit, as CIPHR and PBS have worked closely for many years and already have more than 50 joint customers that benefit from integrated HR and payroll software, including household names such as Dreams, CitySprint and Zoopla.
CIPHR Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying CIPHR 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 CIPHR 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 CIPHR SaaS, customers.
Ownership: - x
Number of Employees: 150
Functional Markets: HCM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K297, 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,
CIPHR Key Enterprise and Cloud Applications
CIPHR Revenues, $M:
|Type/Year||2020||2021||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.
CIPHR Revenue Breakdown By Type, $M:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
CIPHR Enterprise Applications Revenues By Functional Markets, $M:
CIPHR Enterprise Applications Revenues By Verticals, $M:
CIPHR Revenues By Region, $M
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 Enterprise Applications Revenues, $M||2021 Cloud Applications Revenues, $M|
CIPHR Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
CIPHR Customers - Breakdown by Geo, Size, Vertical and Product
No. of CIPHR Customers: 450
No. of CIPHR Enterprise Applications Customers: 450
No. of CIPHR Cloud Customers: 450
No. of CIPHR Cloud Subscribers: 1 milion
CIPHR is used by more than 450 organisations, and over one million employees cross 50 countries globally, and recent customers wins are Sports England, Royal Russell, GTR, Warrington & Vale Royal College, Outcomes First Group, CitySprint, Highways England, Iglu.com and others.
CIPHR Market Opportunities, M&A and Geo Expansions
CIPHR focuses on payroll, core HR and expense management applications. Additionally, in June 2018, CIPHR launched CIPHR Connect: an ecosystem of trusted business applications that integrate seamlessly with CIPHR’s HR and recruitment solutions, connecting people data across the organization and enabling HR departments to work more strategically and effectively.
CIPHR Risks and Challenges
In January 2021, ECI Partners, the leading growth-focused mid-market private equity firm, has invested in CIPHR. The investment will support CIPHR to accelerate its ambitious growth and development plans. The transaction provides an exit for LDC who invested in CIPHR in 2016. During its partnership with LDC, CIPHR invested in product development and completed four strategic acquisitions, expanding CIPHR’s offering beyond HR to also include recruitment, learning and payroll solutions through the CIPHR Connect HCM platform. Between 2016 and 2020 CIPHR invested heavily, doubling its headcount, driving compound annual revenue growth of over 25%.
The recent ownership change can result in a change of product director and go-to-market strategy.
CIPHR Ecosystem, Partners, Resellers and SI
In November 2018, PES an employee benefits provider (which recently secured growth funding via Chiltern Capital) has partnered with HR and recruitment software provider CIPHR to deliver a seamless service to companies offering technology-driven employee benefits and wellbeing services.
PES is integrating its online employee benefits portal happy people with CIPHR’s self-service SaaS HR system, allowing employees to manage easily their data and benefit choices. This will save HR teams time and effort while creating a positive employee experience.
CIPHR Cloud Infrastructure Insights
Subscribe to read more about:
- CIPHR Public Cloud and Infrastructure (IaaS)
- CIPHR Platform (PaaS)
- CIPHR Application Delivery
- CIPHR Private Cloud and Data Centers
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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