Microimage Strengths, Domain Expertise, and Key Differentiators
After 15 years of experience in the HR Software space, MiHCM launched its latest product MiHCM Cloud. MiHCM Cloud is a result of a 2-year long engineering effort to take HCM to power Digital Transformation of HR. HCM Cloud is built leveraging the power of digital forces cloud, mobile, social and analytics.
The new product is designed to transform the organization's talent management practices by giving access to all the key stakeholders. It's designed with a modern consumer-grade user experience including natural language questioning capabilities to give a simple intuitive experience to all users. This will enable organizations to reduce costs, increase efficiency, drive performance and attract the best talent and most importantly digital transformation of the entire talent management process.
Engaging Mobile workforce, insight-driven to make real-time decisions, enhanced employee engagement powered through social capabilities, seamless system integrations, comply with legislative, identity integrated, highly configurable workflow builder, maximum privacy & scalability with Microsoft azure. Bot capabilities ensure to eliminate the mundane HR activities leaving room to focus more strategic level initiatives.
Microimage Recent Developments
MiHCM, introduced new experiences for MiHCM Cloud Digital HR Platform, MiA Workplace Virtual Assistant for Microsoft Teams, and MiHCM Mobile to facilitate business continuity, employee safety, and resilience amid the COVID-19 pandemic.
Microimage HCM Cloud has spanned over many countries across several territories. Through their Partner ecosystem, Microimage successfully entered into the South East Asian, North American, Europe, and Oceania territories.
The product is now localized to different languages and is compliant with statutory requirements in different countries. As part of the company's strategy to scale their product globally, in January 2019, Microimage HCM rebranded to MiHCM.
Microimage Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Microimage 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 Microimage 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 MiHCM Cloud Digital HR customers.
Ownership: - x
Number of Employees: 100
Functional Markets: HCM,
Key Verticals: Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K471, Higher Education, 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,
Microimage Key Enterprise and Cloud Applications
MiHCM Cloud Digital HR
Microimage 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.
Microimage 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%|
Microimage Enterprise Applications Revenues By Functional Markets, $M:
Microimage Enterprise Applications Revenues By Verticals, $M:
Microimage Revenues By Region, $M
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 Enterprise Applications Revenues, $M||2021 Cloud Applications Revenues, $M|
Microimage Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Microimage Customers - Breakdown by Geo, Size, Vertical and Product
No. of Microimage Customers: 600
No. of Microimage Enterprise Applications Customers: 600
No. of Microimage Cloud Customers: 150
No. of Microimage Cloud Subscribers: 35000
In August 2020, MiHCM together with Mastersystem Infotama has secured opportunity to deploy MiHCM HR platform to Askrindo (PT Asuransi Kredit Indonesia), a financial services and insurance provider with specialty to support Micro, Small, and Medium Enterprises (MSMEs) in Indonesia. Askrindo as one of the leading financial insurance services is the first to transform their HR into Digital HCIS (Human Capital Information System), this strategy is aligned to Askrindo’s Digital Transformation Roadmap to empower workforce productivity.
MiHCM has near 700 customers across many regions such as East Asia, Australia, Europe and covering countries like Malaysia, Myanmar, Cambodia, Thailand, Australia, Sri Lanka, Maldives, United Kingdom, Switzerland. Among MiHCM customers are Dialog Axiata PLC, Ooredoo Maldives, Micromechanics, Cambodia Breweries and many others.
Microimage Market Opportunities, M&A and Geo Expansions
Demographic shifts, Gen- Z taking over workplaces, Digitalization shift are in favor of MiHCM's growth strategy across the globe. Apart from the above great opportunities lie in legacy HR deployments where customers don't see the return on investment and are looking at a more dynamic HR software that could cater to their actual requirement. As indicated above MiHCM foresees a mammoth of opportunities ahead of it for delivering fully integrated HCM applications across the globe.
Microimage Risks and Challenges
In addition to its media and broadcast software assets, MiHCM is stepping up to the challenge by delivering an integrated suite of Cloud HCM applications and can be easily implemented across Asia.
Microimage Ecosystem, Partners, Resellers and SI
During 2018, MiHCM made three different partnerships in different parts of the world. The first one was in February 2018 when Microimage Australia has partnered with SoftwareONE Australia, a powerhouse in the Software Portfolio Management business, to provide underline Cloud capability and take the MiHCM Cloud solution to market across Australia and New Zealand.
The second partnership was in May 2018 when MiHCM appointed SmartProz as the first Canadian channel partner and the last one was in September 2018 when MiHCM partnered with Tech One Global and Microsoft Philippines. In April 2019, MiHCM partnered with Crayon.
With Crayon Intelligent Cloud suite platforms like Cloud-iQ, MiHCM benefits from the deep visibility provided into Crayon's business-critical IT assets, which allows better decision-making in terms of accelerating ROI. In turn, MiHCM' strategic partnership with Microsoft provides Crayon with access to Microsoft's platforms like Azure and Dynamics 365.
Microimage Cloud Infrastructure Insights
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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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