LG lugar de gente Strengths, Domain Expertise, and Key Differentiators
LG Lugar de Gente is further fortifying its dedication to ensuring the safeguarding of its clients' data, underlining its commitment to data security. The company holds the esteemed ISO 27001 certification, a globally recognized standard for upholding information security.
In the year 2019, LG Lugar de Gente introduced its groundbreaking Artificial Intelligence platform, LiGia, strategically applied across various solutions encompassing games, chatbots, and advanced analytics. LiGia plays a pivotal role in addressing the intricate challenges associated with human resource management.
Employing cutting-edge machine learning and related technologies, LiGia facilitates the automation of the employee journey, revolutionizing the handling of data. This automation process, in turn, translates data into actionable insights, empowering informed decision-making in the realm of personnel management across diverse organizations. LG Lugar de Gente's commitment to innovation and data-driven solutions is evident through the introduction and utilization of LiGia.
LG lugar de gente Recent Developments
In April 2023, LG Lugar de Gente unveiled a revamped shareholding framework, marked by a substantial infusion of capital from HIG Capital and the inclusion of HIX Capital as a prominent new shareholder. These strategic investments have been strategically positioned to facilitate the realization of LG Lugar de Gente's ambitious growth strategy, wherein the company aspires to achieve a tripling in size within the forthcoming five years.
In July 2021, LG Lugar de Gente completed the acquisition of Norber Technologies, a leading supplier of Frequency Control solutions in the Brazilian market. This strategic acquisition represents a pivotal move in LG Lugar de Gente's growth trajectory, aimed at fortifying its market position and enhancing its service portfolio. Through this acquisition, LG Lugar de Gente is poised to make substantial investments in expanding the breadth and depth of Norber Technologies' solutions, all while elevating the overall employee experience. Additionally, this endeavor aligns seamlessly with LG Lugar de Gente's overarching strategy of cultivating an extensive ecosystem of financial products and benefits within a B2B2C framework. Crucially, this strategic integration promises to create tangible value for LG Lugar de Gente's esteemed clientele by harnessing the capabilities of Norber's time and attendance application. In doing so, LG Lugar de Gente is actively bolstering its commitment to providing comprehensive and innovative solutions to its customers.
LG lugar de gente Mergers and acquisitions (M&A) Activities
In 2016, H.I.G. Capital made a strategic announcement regarding its portfolio company, LG Lugar de Gente, detailing the acquisition of E-Guru Serviços em Tecnologia Educacional ("E-Guru"). E-Guru is a prominent provider of Human Capital Management (HCM) solutions. This move was a pivotal step in reinforcing LG Lugar de Gente's standing as the exclusive HR-focused software company in Brazil, offering a comprehensive suite of HCM solutions to its esteemed clientele.
Notably, LG Lugar de Gente, with H.I.G. Capital's support, had previously executed two significant add-on acquisitions, one of which included the acquisition of W3 in 2015. However, E-Guru's distinctive contribution to the portfolio was its pioneering role and leadership in the development of assessment games within the Brazilian context. These games adeptly "collect" valuable information pertaining to the decision-making processes of participants. This data enables the creation of detailed profiles and facilitates the identification of areas for further development among employees.
The incorporation of E-Guru's innovative solutions into LG Lugar de Gente's offerings significantly enhances the company's capacity to allocate resources effectively in employee training and retention endeavors. Moreover, it augments the precision of employee recruitment efforts, ultimately leading to more efficient and targeted talent acquisition practices. This strategic move exemplifies LG Lugar de Gente's commitment to providing comprehensive, data-driven HR solutions to optimize workforce management for its clients.
LG lugar de gente Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying LG lugar de gente 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 LG lugar de gente 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 Gen.te Organiza - Orgchart, Gen.te Planeja - People Budget, Gen.te Integra - Onboarding, Gen.te Valoriza - Benefits, Gen.te Cresce - Calibration, Gen.te Recompensa - Positions and Salaries, Gen.te Desenvolve - Competencies and IDP, Gen.te Recebe - Payroll customers.
LG lugar de gente Overview
Ownership: - H.I.G. Capital e HIX Capital
Number of Employees: 752
Functional Market: Workforce Analytics, Time and Attendance, Core HR, Payroll, Benefits Administration, Compliance, Onboarding, Recruiting, Candidate Relationship Management, Applicant Tracking Systems, Performance Management, Learning and Development, Succession Planning, Compensation,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, 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, Youth and Elderly Care, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
LG lugar de gente Key Cloud and HCM Applications
Gen.te Organiza - Orgchart, Gen.te Planeja - People Budget, Gen.te Integra - Onboarding, Gen.te Valoriza - Benefits, Gen.te Cresce - Calibration, Gen.te Recompensa - Positions and Salaries, Gen.te Desenvolve - Competencies and IDP, Gen.te Recebe - Payroll
LG lugar de gente HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** 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.
LG lugar de gente Revenue Breakdown by Type:
LG lugar de gente HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2023 HCM Revenues, By HR Segment, $M | |
LG lugar de gente HCM Applications Revenues By Verticals, $M:
LG lugar de gente Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
LG lugar de gente Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
LG lugar de gente Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified LG lugar de gente Customers
No. of LG lugar de gente Customers: 2516
No. of LG lugar de gente HCM Applications Customers: 288
No. of LG lugar de gente Cloud HCM Customers: 386
No. of LG lugar de gente Cloud HCM Subscribers: 937219
Established in 1985, LG Lugar de Gente has established a robust presence in the Brazilian market. The company maintains strategic collaborations with over 2000 direct and indirect clients, making it a prominent player in the industry. LG's suite of products is entrusted with the payroll processing of more than 1.5 million employees across various sectors in Brazil.
Among its distinguished clientele are renowned organizations such as Santander, Ambev, Carrefour, Johnson & Johnson, PwC, PSA Peugeot Citroen, and numerous other notable entities. LG Lugar de Gente's extensive client roster underscores its standing as a trusted partner for leading businesses in the region.
LG lugar de gente Market Opportunities, M&A and Geo Expansions
In August 2023, LG Lugar de Gente introduced a comprehensive portfolio of seven innovative solutions tailored to empower organizations in elevating the overall quality of the workplace experience.
Noteworthy among these new offerings are "Gen.te Contrata – Digital Admission" and "Gen.te Homologa – Offboarding," designed to streamline and optimize the onboarding and offboarding processes, respectively. Additionally, the introduction of "Gen.te Receive - Payroll" serves to enhance payroll management efficiency. Recognizing the paramount importance of employee well-being, LG Lugar de Gente has also unveiled the "Thermometer of Emotions," a tool aimed at assessing and proactively addressing the emotional welfare of employees.
Furthermore, as part of its commitment to staying at the forefront of global technological advancements, LG Lugar de Gente proudly presents an upgraded version of its recruitment and selection solution, now seamlessly integrated with ChatGPT. This integration signifies LG Lugar de Gente's dedication to delivering intelligent and efficient candidate assessment and selection processes, reflecting its vision for continued innovation in the realm of human resource solutions.
LG lugar de gente Risks and Challenges
LG Lugar de Gente delivers a comprehensive suite of software solutions and services meticulously tailored to bolster the human resources operations of a diverse portfolio, encompassing over 2.000 companies spanning various industries throughout Brazil. Anchored in Goiania, Goiás, the company has strategically established a network of branches across several key Brazilian states, including Minas Gerais, and São Paulo. The operational strength of LG Lugar de Gente is underpinned by a team of more than 750 dedicated professionals, poised to provide expert support to its esteemed clientele. However, it is noteworthy that LG primarily focuses its operations within the national confines of Brazil, thus optimizing its offerings to cater to the distinct needs of its domestic partners.
LG lugar de gente Ecosystem, Partners, Resellers and SI
LG maintains strategic alliances with esteemed technology partners, including industry giants such as Microsoft and Oracle. In the realm of Business Process Outsourcing, LG has forged collaborative relationships with respected organizations such as Deloitte, ProPay, Mazars, and AHR, thus enhancing its capabilities and expanding its network of professional affiliations.
LG lugar de gente Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- LG lugar de gente Public Cloud and Infrastructure (IaaS)
- LG lugar de gente Platform (PaaS)
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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:
https://www.appsruntheworld.com/taxonomy
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