Festi hf. Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Festi hf. and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 1154 Festi hf. employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Festi hf. has purchased the following applications: 50skills Onboarding for Onboarding in 2024, Microsoft 365 for Collaboration in 2015, Prismic CMS for Web Content Management in 2021 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Festi hf. is running and its propensity to invest more and deepen its relationship with 50skills , Microsoft , Facebook or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Festi hf. revenues, which have grown to $786.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Festi hf. intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| 50skills | Legacy | 50skills Onboarding | Onboarding | HCM | n/a | 2024 | 2024 |
In 2024 Festi hf. implemented 50skills Onboarding to automate a complex employee stock option programme across six Icelandic subsidiaries, using the onboarding/employee journeys for HR processes category. The deployment targeted HR workflows for ESO participation, focusing on consistent participant experiences and administrative traceability across subsidiaries.
50skills Onboarding was configured to deliver automated forms, e-signing, workflow orchestration, automated reminders and participant tracking aligned with onboarding/employee journeys for HR processes. Configuration emphasized reusable templates and conditional routing for approvals and signature capture, enabling standardized employee journeys for HR processes related to equity enrollment.
Operational coverage included HR and compensation administration across six Icelandic subsidiaries, with the solution handling enrolment communications, signature capture and status tracking for ESO participants. The implementation centralized process control for the ESO programme while operating across multiple legal entities within Festi hf., maintaining per-subsidiary participant records and audit trails.
Governance was formalized around standardized templates, role-based access to workflows and centralized tracking of outstanding actions, which streamlined administration of the ESO programme. The project delivered stated outcomes including over 200 hours saved and standardized e-signature, reminder and tracking processes for employees.
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Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Microsoft | Legacy | Microsoft 365 | Collaboration | Collaboration | n/a | 2015 | 2015 |
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Collaboration | Collaboration |
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2020 | 2020 |
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Content Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Prismic | Legacy | Prismic CMS | Web Content Management | Content Management | n/a | 2021 | 2021 |
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IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
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Application Hosting and Computing Services | IaaS |
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2015 | 2015 |
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Application Hosting and Computing Services | IaaS |
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2021 | 2021 |
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Content Delivery Network | IaaS |
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2020 | 2020 |
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