Awardco Strengths, Domain Expertise, and Key Differentiators
Awardco provides a sophisticated employee recognition platform featuring points-based programs. Employees accrue and redeem points for various achievements. The platform seamlessly integrates with HR systems, facilitating streamlined recognition processes and precise tracking of accomplishments.
Awardco Recent Developments
In June 2023, Awardco introduced a new feature to enhance employee recognition and rewards. Lifestyle Spending Accounts (LSAs) are designed to broaden the impact and efficiency of total rewards within the Awardco platform.
In January 2022, Awardco has introduced a new feature in its employee recognition and rewards platform called Earn. This feature allows employees to claim rewards for achieving goals or completing tasks. With Earn, users can incentivize employees by assigning points within the Awardco platform for task completion. Platform administrators have the flexibility to define the purpose of the programs, set budgets, and establish qualification criteria.
Awardco Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Awardco 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 Awardco 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 Awardco Platform customers.
Awardco Overview
Ownership: - x
Number of Employees: 400
Functional Market: Performance Management,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, 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, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Awardco Key Cloud and HCM Applications
Awardco Platform
Awardco HCM and Cloud HCM Applications Revenues, $M:
Type/Year | 2022 | 2023 | YoY Growth, % |
---|---|---|---|
Total Revenues, $M | Subscribe | Subscribe | Subscribe |
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.
Awardco Revenue Breakdown by Type:
Awardco HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2023 HCM Revenues, By HR Segment, $M | |
Awardco HCM Applications Revenues By Verticals, $M:
Awardco Total and HCM Applications Revenues by Region:
Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 HCM Applications Revenues, $M |
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Americas | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe |
Awardco Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
Awardco Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Awardco Customers
No. of Awardco Customers: 1000
No. of Awardco HCM Applications Customers: 1000
No. of Awardco Cloud HCM Customers: 1000
No. of Awardco Cloud HCM Subscribers: 3.5 Million
The Awardco Platform is utilized by over 1,000 clients, spanning 3.5 million users across 218 countries globally. Notable customers include Paramount, Okta, Cornell University, Zillow, L3Harris, JPMorgan Chase & Co, Pacific Life, America First Credit Union, Pinterest, and more.
Awardco Market Opportunities, M&A and Geo Expansions
Paramount streamlined recognition and rewards programs by partnering with Awardco. This collaboration simplified administration and facilitated scalable recognition efforts for diverse demographics globally.
Deloitte and Awardco have formed a strategic alliance to enhance global employee rewards and recognition. The collaboration involves Deloitte's Global Employer Services team providing a centralized location for Awardco customers to access key employer tax compliance information associated with the recognition platform.
Companies like Paramount and Deloitte, opt for Awardco due to its exclusive collaboration with Amazon Business. Awardco, as the sole employee recognition software with an official partnership with Amazon, which allows employees to receive points usable on Amazon and various other reward options.
Awardco Risks and Challenges
Changes or dissolution of Awardco's partnerships, particularly with platforms like Amazon, may influence the variety and appeal of available reward options. This could potentially impact the effectiveness of the recognition program.
Awardco Ecosystem, Partners, Resellers and SI
Awardco is recognized as Amazon's official employee recognition partner, forming a sizable global reward network. Other integrations extend to platforms such as Slack, Microsoft Teams, Okta, BambooHR, Deloitte, Zendesk, and others.
Awardco Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- Awardco Public Cloud and Infrastructure (IaaS)
- Awardco Platform (PaaS)
- Awardco Application Delivery
- Awardco Private Cloud and Data Centers
Research Methodology
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:
https://www.appsruntheworld.com/taxonomy
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