Namely Strengths, Domain Expertise, and Key Differentiators
Namely is an HR Software company that empowers mid-sized businesses to build better workplaces. Its cloud-based software brings HCM, benefits, insights, payroll, and time into a single-view platform to help modern HR teams make data-driven decisions about their people and understand what's really going on in their workforce. The Namely ecosystem includes powerful integrations with market-leading applicant tracking, identity management, ERP, compliance, E-Verify solutions, and more. Serving more than 1,400 clients with 280,000 employees globally, the company is backed by leading investors, including Altimeter Capital, GGV Capital, Matrix Partners, Scale Venture Partners, Sequoia Capital, Tenaya Capital, and True Ventures.
There’s only one version of Namely, and it's constantly enhanced to make it better and better. The clients don’t need to upgrade, and there are no upcharges. Through the Namely Connect Marketplace, customers can identify partners in recruiting, learning management, employee feedback, identity management, and many more. More importantly, with integrations, HR can layer on these partner technologies to better align with different functions across the organization. The Namely Connect Marketplace helps HR build bridges with IT, Talent, and Finance, to name a few departments.
Namely Recent Developments
In April 2019, Namely has joined the Google Cloud Partner Program as a Cloud Identity technology partner. This collaboration gives Namely's customers greater options to strengthen their HR and identity solutions to simplify user lifecycle management and improve security.
In April 2020, Namely introduced a new service offering, Managed Benefits Pro. Managed Benefits Pro simplifies how mid-sized businesses administer and run their employee benefits programs, saving time and money, and reducing billing errors. The new service offering includes a powerful combination of Carrier Invoice Reconciliation Services, ACA Consulting, and a Healthcare Concierge that is powered by TouchCare.
Namely Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Namely 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 Namely 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 Modern HR customers.
Ownership: - x
Number of Employees: 500
Functional Markets: Human Capital Management,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, 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, Faith Based Nonprofit, Youth and Elderly Care Nonprofit, Special Cause Nonprofit, Oil and Gas, Professional Services, Retail, Transportation, Utilities,
Namely Key Enterprise and Cloud Applications
Namely Revenues, $M:
|Type/Year||2018||2019||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.
Namely Revenue Breakdown By Type, $M:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
Namely Enterprise Applications Revenues By Functional Markets, $M:
Namely Enterprise Applications Revenues By Verticals, $M:
Namely Revenues By Region, $M
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 Enterprise Applications Revenues, $M||2019 Cloud Applications Revenues, $M|
Namely Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Namely Customers - Breakdown by Geo, Size, Vertical and Product
No. of Namely Customers: 1400
No. of Namely Enterprise Applications Customers: 1400
No. of Namely Cloud Customers: 1400
No. of Namely Cloud Subscribers: x
Namely's client base includes a broad range of fast-growing businesses in nearly every industry, including companies like ActiveCampaign, Acorns, Drift, EatStreet, Life is Good, Mizzen + Main, OneLogin, Peerfit, SiriusDecisions, The Motley Fool, and others.
In the 2nd half of 2019 and 1st half of 2020, Namely added some new customers on its list. Some of them are: ExecOnline, Formativ Health, WorkWave, Bevi.
Namely Market Opportunities, M&A and Geo Expansions
In 2018, Namely was funded $60m by GGV Capital and Tenaya Capital. A year earlier, in January, Namely added another $50m in its funding from Altimeter Capital and Scale Venture Partners.
Namely Risks and Challenges
In July 2019, Namely's board of directors appointed Larry Dunivan as a new CEO. This transition in their leadership could drive to different strategies and goals.
Namely Ecosystem, Partners, Resellers and SI
Namely connects employee data to all the other systems. Some of the partners on the list are: JazzHR, iCims, Greehouse, Jobvite, Lever, Oracle, RetroTax, Adobe, GSuite, and many more.
Namely offers a formal referral program for those who recommend Namely, integration partnerships and marketing partnerships.
Namely Cloud Infrastructure Insights
Subscribe to read more about:
- Namely Public Cloud and Infrastructure (IaaS)
- Namely Platform (PaaS)
- Namely Application Delivery
- Namely 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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