Octime Strengths, Domain Expertise, and Key Differentiators
Octime creates innovative packaged HR software solutions for time management and staff scheduling. With their scalable and progressive core product, they ensure the HR departments with all the tools they need in order to manage planning, schedules and absences. Octime's solutions can be easily integrated with customer's payroll system, so HR departments can really benefit of an easy-to-use software that provides all the information needed.
Octime Recent Developments
The OCTIME company is a leading French software publisher in the field of planning and management of working time, which capitalizes expertise of over 20 years and accompanies hundreds of organizations of all sizes.
Octime Mergers and Acquisitions (M&A) Activities
The Octime group announced the acquisition of LibMed, a platform for managing replacements and reinforcements in the health and paramedical sector. With this takeover, the French publisher of HRIS (Information Systems for Human Resources) solutions intends to respond to one of the current issues facing healthcare establishments: staff absenteeism. We can easily understand the reasons given the exhaustion of caregivers caused by the overload of work linked to the Covid-19 pandemic, not to mention the degraded working conditions due to budget restrictions in public health in recent decades.
In 2018, OCTIME acquired HR MAPS, HRIS deployed in France, Russia and several African countries. In 2017, OCTIME acquired MAPOTEMPO, creator of the new generation of SaaS software solutions for route management optimization. In 2015, OCTIME acquired GRUPO SPEC, a leader in time management and access control solutions engineering in Spain, Portugal, and Latin America.
Octime Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Octime 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 Octime 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 OCTIME customers.
Ownership: - x
Number of Employees: 220
Functional Markets: HCM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K242, 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,
Octime Key Enterprise and Cloud Applications
Octime 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.
Octime 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%|
Octime Enterprise Applications Revenues By Functional Markets, $M:
Octime Enterprise Applications Revenues By Verticals, $M:
Octime Revenues By Region, $M
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 Enterprise Applications Revenues, $M||2021 Cloud Applications Revenues, $M|
Octime Direct vs Indirect sales
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Octime Customers - Breakdown by Geo, Size, Vertical and Product
No. of Octime Customers: 2559
No. of Octime Enterprise Applications Customers: 2559
No. of Octime Cloud Customers: x
No. of Octime Cloud Subscribers: 1230000
In 2020 Octime managed to enroll 206 new customers. Octime has added more than 210 customers in 2019. Among its customers are: Docaposte, Elsan, GrandOptical, Groupe Aesio, IBM, Nord le Department, Ramsay Sante, ACPPA Groupe, Euro Kera, Fondation Hospitaliere Sainte-Marie and many others.
Octime Market Opportunities, M&A and Geo Expansions
Octime's time management software is needed in the retail sector. Its ease of use and adaptability make it an effective tool for store managers. In addition to this, the deployment of the software package via mobile application appeals to both employers and employees.
Octime Risks and Challenges
Heavy emphasis on its hardware and professional services operations.
Octime Ecosystem, Partners, Resellers and SI
OCTIME is interfaced with all HR software on the market: Cegid, Sage, ADP, Alfa, Ciril, In Extenso Social, EIG, Sigma, Nov RH, SAP, SOPRA, HR-ACCESS, GXP, PWC, EPaye, Silae, SD Works, Cegedim, Talentia Software, Meta 4, Sedit Marianne, CPage, Agirh, Prios, Agfa, JVS, etc. OCTIME also works daily with the main pay providers to whom companies entrust the preparation of their pay slips including In Extenso Social, PWC, Grant Thornton, Payroll & HR, Nibelis (ex: Better Management)… as well as with many accounting firms that integrate a social pole.
Octime Cloud Infrastructure Insights
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- Octime Public Cloud and Infrastructure (IaaS)
- Octime Platform (PaaS)
- Octime Application Delivery
- Octime 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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