NEOGOV Among Apps Top 500

300 Continental Blvd Suite 565

El Segundo, CA, 90245, United States

1 855-524-5627

https://www.neogov.com/

545

NEOGOV Strengths, Domain Expertise, and Key Differentiators

NEOGOV is a market and technology provider in the public sector human resources software. For more than 15 years, NEOGOV has been committed to streamlining HR processes. NEOGOV software automates the entire hiring, onboarding, and performance evaluation processes. Because NEOGOV solutions are both easy to use and fast to implement, NEOGOV is able to offer a public sector model that is low risk but offers a high ROI at the same time.

NEOGOV Recent Developments

In October 2020 NEOGOV launched NEOED, a SaaS solution specifically for the unique needs of education customers, including colleges and universities, community colleges, and K-12 organizations. NEOGOV serves over 2,000 public agencies and educational institutions across the United States and Canada. The launch of the NEOED brand was born out of a desire to put even more focus on the needs of education HR. The end result includes new product and feature enhancements based on research and input received from education HR leaders to understand the pain points specifically impacting education.

Some of the enhancements made to products for the education audience include unique career site experiences for all employee types (staff, faculty, student workers, etc.), improved tools for diversity and inclusion initiatives like rating matrices and automated blinding of personally identifiable information, flexible and dynamic performance tracking (such as 360 feedback review capabilities), education-specific learning courses, and digital form routing for candidate references, faculty contract renewals, and more. NEOED’s SaaS workforce management platform is made up of three modules -- Recruit, Develop, Manage -- that cover the entire employee lifecycle. The benefits include faster time-to-hire and streamlined onboarding, improved performance management processes, and reduced overtime and administrative costs. Existing customers will receive the enhancements at no additional cost, and all education customers present and future will see a rebranded user experience inside the product under the NEOED name in early 2021.

NEOGOV Mergers and Acquisitions (M&A) Activities

In December 2020 NEOGOV merged with PowerDMS, a leader in cloud-based compliance software that helps customers simplify how they create, track, and attest to policies, training, and industry standards. The merger will expand NEOGOV’s product offerings and further demonstrate its commitment to streamlining the complex processes needed to support the public sector workforce. NEOGOV’s full-suite human capital management solution enables recruiting, hiring, onboarding, training, performance management, payroll, benefits, and time and attendance processes specific to public sector and higher education organizations. PowerDMS’ products strategically complement NEOGOV’s platform and capabilities, setting it up for the next chapter of the company’s growth. The merger will help customers solve complex human resource and compliance challenges under one roof by unifying best-in-class human resource tools and document management in an age of increased pressure for additional accountability and transparency. The merger is subject to regulatory approval. The combined businesses will be operated by NEOGOV, which is headquartered in El Segundo, CA. Shane Evangelist will be the CEO of the combined company.

NEOGOV Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying NEOGOV 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 NEOGOV 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 NEOGOV HR, customers.

NEOGOV Overview

Ownership: - x

Number of Employees: 230

Functional Markets: HCM,

Key Verticals: Education, Government,

NEOGOV Key Enterprise and Cloud Applications

NEOGOV HR,

NEOGOV Revenues, $M:

Type/Year 2019 2020 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.

NEOGOV 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%
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe

NEOGOV Revenues By Region, $M

Region % of Total Revenues 2020 Total Revenues, $M 2020 Enterprise Applications Revenues, $M 2020 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

NEOGOV Direct vs Indirect sales

Region Direct Sales Indirect Sales Total
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

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

List of Verified NEOGOV Customers


No. of NEOGOV Customers: 7000

No. of NEOGOV Enterprise Applications Customers: 7000

No. of NEOGOV Cloud Customers: 7000

No. of NEOGOV Cloud Subscribers: x


More than 6000 public sector and education organizations of all shapes and sizes use NEOGOV to recruit, select and evaluate their workforce. NEOGOV serves more than 2 million employees and processes more than 10 million applicants. NEOGOV customers are State of South Carolina, the State of Tennessee, City of Dallas, TX; City of Houston, TX; Baltimore County, MD; City and County of Denver, CO; City and County of Honolulu, HI; City of Nashville, TN; and more than 25% of California Counties, including Santa Clara County, San Bernardino County, San Diego County, and Orange County.

NEOGOV Market Opportunities, M&A and Geo Expansions

In June 2021 NEOGOV received an investment from The Carlyle Group, a global investment firm, and existing investor Warburg Pincus, a leading global growth investor. The terms of the transaction were not disclosed. The new investment from The Carlyle Group and Warburg Pincus will allow NEOGOV to capitalize on a number of compelling organic and inorganic growth opportunities, including investing in NEOGOV’s operations and go-to-market teams, continuing to expand the company’s product suite for current customers, and entering adjacent end markets. In addition to expansion into new markets, NEOGOV will continue to serve as a platform for meaningful M&A in the broader government technology landscape.

NEOGOV Risks and Challenges

NEOGOV Go to Market Strategy is focused on the public sector, expanding sales in other industries would be critical for their ongoing success.

NEOGOV Ecosystem, Partners, Resellers and SI

In May 2021 NEOGOV formed a strategic partnership with Spark Hire, the world’s leading video interviewing platform. Over 2,000 government agencies and educational institutions using Insight, NEOGOV’s applicant tracking solution, will now have the option of leveraging Spark Hire’s interviewing software without leaving the NEOGOV platform. Designed to help organizations make better hire decisions more quickly, Spark Hire provides recruiters with tools that deliver candidate insights earlier in the process. Spark Hire’s mission is twofold: to give organizations a hiring advantage, and to be the best company its customers ever do business with. Providing mutual customers with a streamlined integration between their video interviewing platform and NEOGOV’s HR software furthers this mission.

AccuSource partnered with NEOGOV. The background check integration allows NEOGOV users to initiate, track, report, and take critical next steps relative to background check results through seamless integration in the Insight product.

NEOGOV Cloud Infrastructure Insights

Subscribe to read more about:

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