talentReef Strengths, Domain Expertise, and Key Differentiators
TalentReef is a provider for Social Recruiting and Talent Management Systems specifically built for the Hourly workforce. With more than 70000 sites under contract, the company streamlines how fast-paced operators find, hire, train, and manage their most valuable asset—Talent.
The company's mobile-optimized HR platform (Social Recruiting, ATS, Onboarding, Training and Development, Performance Management, and Analytics) is transforming the way Millennials are connecting on-demand with employers globally. TalentReef provides an API Gateway that enables third party integrations to seamlessly connect real-time data throughout the entire talentReef platform, eliminating the need for dual data entry and increasing overall efficiencies.
talentReef Recent Developments
New Enterprise Contract wins and bookings increased by 50% in 2017. Major Enterprise Contracts (with Minimum Value of $100K ARR) were increased by 120% and Average Contract Deal Size increased by 60%. As a result the Software Subscription Revenues increased by 40%.
talentReef Mergers and Acquisitions (M&A) Activities
talentReef Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying talentReef 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 talentReef 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 talentReef, customers.
Ownership: - x
Number of Employees: 170
Functional Markets: Human Capital Management,
Key Verticals: Banking and Financial Services, Communication, Construction and Real Estate, Consumer Packaged Goods, Healthcare, Leisure and Hospitality, Manufacturing, Professional Services, Retail, Transportation,
talentReef Key Enterprise and Cloud Applications
talentReef Revenues, $M:
|Type/Year||2017||2018||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.
talentReef Revenue Breakdown By Type, $M:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
talentReef Enterprise Applications Revenues By Functional Markets, $M:
talentReef Enterprise Applications Revenues By Verticals, $M:
talentReef Revenues By Region, $M
|Region||% of Total Revenues||2018 Total Revenues, $M||2018 Enterprise Applications Revenues, $M||2018 Cloud Applications Revenues, $M|
talentReef Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
talentReef Customers - Breakdown by Geo, Size, Vertical and Product
No. of talentReef Customers: 1000
No. of talentReef Enterprise Applications Customers: 1000
No. of talentReef Cloud Customers: x
No. of talentReef Cloud Subscribers: x
In 2017, new bookings across the Retail, Grocery, Hotel/Hospitality, and Wholesale/Distribution Verticals increased by 73.6%. In the 2Q of 2018, talentReef added a record 475 new clients in the quarter to its roster, including: Carrols Corporation, Four Foods Group, RMH Franchise Corporation, Famous Dave’s of America, Cherry Hill Programs, Food City, Childers Oil Co., and numerous other blue-chip brands.
talentReef Market Opportunities, M&A and Geo Expansions
The company’s major investments since 2H of 2017 untill 2H of 2018 in Research & Development, adding key executive management, and tripling-down on its operational staff contributed to accelerating growth and profitability.
talentReef Risks and Challenges
In February 2018, Technologist and AWS veteran, Chris Peacock, has joined the company as its Chief Technology Officer to head the company's innovation pipeline, continued cloud optimization and augmentation, and global scalability and performance.
The same month talentReef hired Ty Kasperbauer as President/COO to help scale every dimension of its business. Scaling out its product portfolio to include more engagement tools to help reduce attrition among hourly workers could be key to customer retention.This new leadership could leat to new company strategy.
talentReef Ecosystem, Partners, Resellers and SI
TalentReef's strategic alliances program includes partnerships with global SaaS technologies, vertically integrated solution providers, and industry leading Payroll, POS, and WOTC providers. TalentReef and its channel partners synergistically combine industry HR expertise, go-to-market models, and modern cloud-based web services frameworks to enable continuous improvement for their joint clients.
Among its partners include: ADP, Infosync, Insperity, Workday, ExponentHR, Microsoft Dynamics GP, iSolved, Paychex, Paycom, Rosnet and many others.
talentReef Cloud Infrastructure Insights
Subscribe to read more about:
- talentReef Public Cloud and Infrastructure (IaaS)
- talentReef Platform (PaaS)
- talentReef Application Delivery
- talentReef 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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