Sovren Strengths, Domain Expertise, and Key Differentiators
Sovren has been offering multi-lingual enterprise-grade resume/CV parsing and fourth-generation semantic searching and matching software since 1996.
Sovren Recent Developments
Sovren is the premier global provider of multi-lingual enterprise-grade resume/CV parsing and fourth-generation semantic searching and matching software based on its superior AI capabilities. Sovren has been providing the best software to the best names in HR since 1996.
Sovren Mergers and Acquisitions (M&A) Activities
Sovren was acquired by Textkernel in November 2021.
Sovren Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Sovren 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 Sovren 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 Sovren, customers.
Ownership: - x
Number of Employees: 20
Functional Markets: HCM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K263, 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,
Sovren Key Enterprise and Cloud Applications
Sovren 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.
Sovren 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%|
Sovren Enterprise Applications Revenues By Functional Markets, $M:
Sovren Enterprise Applications Revenues By Verticals, $M:
Sovren Revenues By Region, $M
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 Enterprise Applications Revenues, $M||2021 Cloud Applications Revenues, $M|
Sovren Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Sovren Customers - Breakdown by Geo, Size, Vertical and Product
No. of Sovren Customers: 1000
No. of Sovren Enterprise Applications Customers: 1000
No. of Sovren Cloud Customers: x
No. of Sovren Cloud Subscribers: x
Among Sovren customers are Google, Jibe, Lever, Oracle, and thousands of others.
Sovren Market Opportunities, M&A and Geo Expansions
Resume parsing, job parsing, AI Matching, Semantic Search, Boolean Search, Disposable Recruiting App, ResumeAnalyzer.
Sovren Risks and Challenges
Sovren is 100% employee-owned. Sovren has no VC money and no outside investors. Sovren controls its own destiny: they do not have investors pressuring them to go public, buy businesses, spin-off businesses, kill products, or chase new markets.
Sovren Ecosystem, Partners, Resellers and SI
Sovren sales mostly direct.
Sovren Cloud Infrastructure Insights
Subscribe to read more about:
- Sovren Public Cloud and Infrastructure (IaaS)
- Sovren Platform (PaaS)
- Sovren Application Delivery
- Sovren 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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