2Interact, Inc. Strengths, Domain Expertise, and Key Differentiators
2Interact is a global firm focused on delivering cutting-edge technology in the field of HRMS with a focus on providing a very user-friendly web-based employee experience. Its management and engineering staff as well as consultants have been involved in sophisticated technology projects around the world for the past 35 years.
Prior to its focus on Interact HRMS, 2Interact’s engineering team was heavily involved in the development, implementation, and deployment of large Academic and Administrative Information systems for Higher Educational Institutions and Hospital Information Systems.
2Interact, Inc. Recent Developments
2Interact applications known as Interact HRMS, comprise more than 80 integrated applications that cover all aspects of Human Capital Management, Time Reporting, Leave Management, Payroll, Benefits Planning and Management, Garnishment Processing and Tracking, and Talent Management.
2Interact, Inc. Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying 2Interact, Inc. 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 2Interact, Inc. 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 2Interact HRIS Platform customers.
2Interact, Inc. Overview
Ownership: - x
Number of Employees: 70
Functional Market: Absence and Leave Management, Workforce Scheduling, Time and Attendance, Core HR, Payroll, Benefits Administration, Pension Administration, Onboarding, Recruiting, Performance and Goal Management, Succession and Leadership Planning, Compensation,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction and Real Estate, Consumer Packaged Goods, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil, Gas and Chemicals, Professional Services, Retail, Transportation, Utilites,
2Interact, Inc. Key Cloud and HCM Applications
2Interact HRIS Platform
2Interact, Inc. HCM and Cloud HCM Applications Revenues, $M:
|Type/Year||2019||2020||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|HCM Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud HCM Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** 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.
2Interact, Inc. Revenue Breakdown by Type:
|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%|
2Interact, Inc. HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2020 HCM Revenues, By Sub-Functional Markets, $M
2Interact, Inc. HCM Applications Revenues By Verticals, $M:
2Interact, Inc. Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2020 Total Revenues, $M||2020 HCM Applications Revenues, $M|
2Interact, Inc. Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
2Interact, Inc. Customers - Breakdown by Geo, Size, Vertical and Product
No. of 2Interact, Inc. Customers: 650
No. of 2Interact, Inc. HCM Applications Customers: 650
No. of 2Interact, Inc. Cloud HCM Customers: x
No. of 2Interact, Inc. Cloud HCM Subscribers: x
2Interact has 650 customers, is used by clients throughout the world in various industries including Banking and Finance, Construction, Manufacturing, Oil & Gas, Healthcare, Education, Logistics, Packaging, Shipping, Consulting Services, Government, and others.
2Interact, Inc. Market Opportunities, M&A and Geo Expansions
Interact HRMS and all other Interact applications were built from the ground up using pure web technologies. Interact HRMS is a pure Web based application, thus the only thing needed to access the system is a PC with a Web Browser, no client software and no add-ons.
2Interact, Inc. Risks and Challenges
Migrating to the Cloud is a work in progress amid 2Interact's evolution from a custom development house to HR suite vendor.
2Interact, Inc. Ecosystem, Partners, Resellers and SI
Cloud specialist One Channel has now partnered with 2Interact, a global human resources management system (HRMS) provider. This is part of One Channel's strategy to provide complete cloud-based solutions to mid-sized and larger customers on the African continent.
2Interact, Inc. Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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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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