Absorb Software Strengths, Domain Expertise, and Key Differentiators
Absorb Software is a provider of cloud-based learning and performance management software for corporations and higher education institutions. Absorb's learning management system (LMS) centers around an intuitive user experience and a highly configurable, brand-specific interface, offering administrative, course builder, and reporting tools to its stakeholders. Absorb LMS, is an industry-leading Learning Management System for businesses, higher education, government and non-profit agencies around the world.
Absorb Software Recent Developments
In December 2019, Absorb Software introduced the addition of new machine learning (ML) capabilities to its platform. The cutting-edge ML technology provides intelligent, context-based search to help learners find the information they need, quickly and easily.
In April 2019, Absorb Software, maker of Absorb Learning Management System (LMS) is forging new ground in the corporate learning space with the introduction of Absorb Infuse, a next-generation learning experience that empowers customers to deliver contextual learning experiences in the flow of work. The launch of Absorb Infuse positions the company to take a leadership role in the learning in the flow movement and is yet another way Absorb is positioning itself for continued growth following the strategic investment of Silversmith Capital.
Absorb Software Mergers and acquisitions (M&A) Activities
In August 2019, Absorb has acquired eLogic Learning, an LMS based in Tampa, Florida. eLogic Learning has succeeded by delivering fast, reliable course performance internationally. The company supports more than 5 million monthly users globally. In addition to its LMS, the eLogic Learning platform also develops custom eLearning content and provides an extensive third-party courseware library.
In May 2019, Absorb Software has acquired Torch LMS, a Utah-based SaaS LMS provider. The Torch acquisition is the first of what the company anticipates will be several future acquisitions, as Absorb expands beyond organic growth and further leverages its strategic investment from Silversmith Capital Partners.
Absorb Software Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Absorb Software 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 Absorb Software 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 Absorb LMS, Absorb Infuse, Absorb Engage, Absorb Inform, Absorb Quick Start, customers.
Absorb Software Overview
Ownership: - x
Number of Employees: 300
Functional Market: Learning and Development,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, 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 Nonprofit, Special Cause Nonprofit, Oil and Gas, Professional Services, Retail, Transportation, Utilities,
Absorb Software Key Cloud and HCM Applications
Absorb LMS, Absorb Infuse, Absorb Engage, Absorb Inform, Absorb Quick Start,
Absorb Software HCM and Cloud HCM Applications Revenues, $M:
|Type/Year||2018||2019||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.
Absorb Software Revenue Breakdown by Type:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
Absorb Software HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2019 HCM Revenues, By Sub-Functional Markets, $M
Absorb Software HCM Applications Revenues By Verticals, $M:
Absorb Software Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 HCM Applications Revenues, $M|
Absorb Software Direct vs Indirect sales
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Absorb Software Customers - Breakdown by Geo, Size, Vertical and Product
No. of Absorb Software Customers: 1100
No. of Absorb Software HCM Applications Customers: 1100
No. of Absorb Software Cloud HCM Customers: 1100
No. of Absorb Software Cloud HCM Subscribers: 12900000
Absorb Software is serving 1100 customers and 12,000,000 users across 29 countries. Some of Absorb's customers are: A&W Canada, Social Fingerprint, LLC, GAP, Johnson&Johnson, Dale Carnegie, Swarovski, AdRoll, Benefitfocus, Donsson Inovation Group and many more.
Absorb Software Market Opportunities, M&A and Geo Expansions
In February 2020, Absorb Software Relocated Corporate Headquarters to Accommodate Rapid Growth. Absorb has signed a multi-year lease for 80,000 square feet (7,430 square metres) of office space in the newly constructed 60-story tower.
In December 2019, Absorb Software acquired ePath Learning, a leading cloud-based learning technology company in Connecticut. This marks the third acquisition of the year for Absorb, as the company continues its aggressive growth strategy into 2020.
Absorb Software Risks and Challenges
Expanding beyond the LMS market will be a challenge for Absorb.
Absorb Software Ecosystem, Partners, Resellers and SI
Among Absorb's integration partners are: ADP, BambooHR, Salesforce, Namely, Zoom and LinkedIn Learning.
Absorb Software Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- Absorb Software Public Cloud and Infrastructure (IaaS)
- Absorb Software Platform (PaaS)
- Absorb Software Application Delivery
- Absorb Software 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).
For additional information on our methodologies, here's the link:
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