Axonify Strengths, Domain Expertise, and Key Differentiators
Built with the fundamentals of brain science, adaptive learning, gamification, microlearning and knowledge-on-demand at its core, the Axonify Employee Knowledge Platform encourages employees to take the right actions—ultimately driving business outcomes that increase revenue or decrease expenses. Through its unique analytics and reporting capabilities, Axonify allows organizations to finally tie the impact of employee knowledge to behavior change to bottom line results. In 2016, Axonify raised US$27 million in growth equity funding. The round was led by new investor JMI Equity, and existing investor BDC Capital through the BDC IT Venture Fund. The funding will use in driving further expansion of the business.
Axonify Recent Developments
In October 2019, Axonify has joined the Kronos Workforce Dimensions Technology Partner Network, a fast-growing ecosystem of organizations using the revolutionary Workforce Dimensions solution and intelligent Kronos D5 platform to help reshape the future of workforce management. “Kronos customers will now have access to the world’s leading adaptive microlearning platform capabilities within their Workforce Dimensions solution,” said Carol Leaman, President and CEO of Axonify. “By using Axonify, Kronos customers will feel confident that when it is time to act, their employees will know exactly what to do for the good of the business. Training will be more effective and convenient for their frontline employees and more impactful to their bottom line.”
Axonify Mergers and acquisitions (M&A) Activities
In March 2021, Axonify acquired of Atlanta-based MLevel, a data-driven digital learning platform. The strategic combination will unite the two companies and will bring to their collective customers the significant benefits of their complementary capabilities to drive the future of modern learning
Axonify Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Axonify 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 Axonify 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 Axonify Employee Knowledge Platform customers.
Ownership: - x
Number of Employees: 200
Functional Market: Learning and Development,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction and Real Estate, Consumer Packaged Goods, Distribution, Education, Government, Healthcare, Life Sciences, Manufacturing, Media, Oil, Gas and Chemicals, Professional Services, Retail, Transportation, Utilites,
Axonify Key Cloud and HCM Applications
Axonify Employee Knowledge Platform
Axonify HCM and Cloud HCM Applications Revenues, $M:
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|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.
Axonify 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%|
Axonify HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2020 HCM Revenues, By Sub-Functional Markets, $M
Axonify HCM Applications Revenues By Verticals, $M:
Axonify Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2020 Total Revenues, $M||2020 HCM Applications Revenues, $M|
Axonify Direct vs Indirect sales
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Axonify Customers - Breakdown by Geo, Size, Vertical and Product
No. of Axonify Customers: 160
No. of Axonify HCM Applications Customers: 160
No. of Axonify Cloud HCM Customers: x
No. of Axonify Cloud HCM Subscribers: x
The company’s microlearning approach has enabled powerhouse brands such as Walmart, Toyota, Bloomingdale’s, and Johnson & Johnson, and delivers microlearning to users in 95 countries. In 2018, Axonify made broader entry into the retail and manufacturing markets.
Axonify Market Opportunities, M&A and Geo Expansions
In April 2019, Axonify corporate microlearning platform become available on the SAP App Center, the digital marketplace for SAP partner offerings. Axonify integrates with SAP SuccessFactors Learning to deliver adaptive microlearning capabilities powered by AI to its customers. By combining the power of Axonify’s microlearning platform with the SAP SuccessFactors Learning solution, organizations can provide a holistic and enriched learning experience that meets the needs of every employee across the entire enterprise from corporate staff to frontline employees who have traditionally been difficult to reach. Axonify helps to reinforce critical training in SAP SuccessFactors Learning by providing continuous, personalized microlearning in just a few minutes a day.
Axonify Risks and Challenges
The price of the product is in the high range.
Axonify Ecosystem, Partners, Resellers and SI
Axonify has joined the Kronos Workforce Dimensions Technology Partner Network, a fast-growing ecosystem of organizations using the revolutionary Workforce Dimensions solution and intelligent Kronos D5 platform to help reshape the future of workforce management.
In 2020, Axonify partnered with OpenSesame. By partnering with OpenSesame, Axonify is giving frontline employees even better-learning experiences. Axonify now offers easy access through its learning platform to thousands of topics that address today’s top business challenges—like compliance, cybersecurity, workplace safety, sales, and more—across a variety of industries. They’re also delivering professional development topics for employees looking to develop their skills for the future
Axonify has Refferal, Reseller and Strategic Partner Programs. Some companies who are of the Reseller Partnership Program are: Sistema&CBT, capabilitygroup, Biz Group, and others. Since 2019, Axonify is available on the SAP App Center, the digital marketplace for SAP partner offerings.
Axonify 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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