BambooHR Strengths, Domain Expertise, and Key Differentiators
BambooHR is recognized as an online HR software solution catering to the needs of small and medium-sized businesses seeking to transition from spreadsheet-based employee management. With its intuitive interface, smooth implementation procedures, and dedicated support team, BambooHR facilitates a seamless shift to its flexible Human Resource Information System (HRIS). Through BambooHR's Applicant Tracking System (ATS) and HRIS functionalities, clients effectively manage the entire employee lifecycle, allowing them to focus on more meaningful work.
BambooHR Recent Developments
In September 2021, BambooHR revealed new product features designed to streamline hiring and onboarding new employees. BambooHR customers can leverage integrations with two more of the most popular job boards, further easing promotion and increasing the visibility of job openings. Customers can also create and manage candidate talent pools and further tailor the onboarding process for new employees.
In April 2019, BambooHR joined the Google Cloud Technology Partner Program as a new integration partner, giving Google Cloud customers the ability to unite their Cloud Identity and HR solutions, simplify user lifecycle management, and improve security.
In October 2019, BambooHR named Brad Rencher as CEO, which was followed by one more executive change, naming Amy Frampton as Head of Marketing.
BambooHR Mergers and acquisitions (M&A) Activities
In September 2022, BambooHR completed its acquisition of Welcome, known for its groundbreaking digital offers that transformed the candidate experience and revolutionized candidate closure methods. Since then, Welcome's platform has expanded to encompass total rewards, Applicant Tracking System (ATS), Human Resources Information System (HRIS), Cap Table integrations, and real-time compensation data, enabling numerous HR teams to enhance compensation decision-making, increase candidate closures, and retain valuable talent with pride in their impactful contributions.
BambooHR Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying BambooHR 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 BambooHR 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 BambooHR customers.
BambooHR Overview
Ownership: - x
Number of Employees: 1200
Functional Market: Absence and Leave Management, Workforce Analytics, Time and Attendance, Core HR, Payroll, Onboarding, Recruiting, Candidate Relationship Management, Applicant Tracking Systems, Performance Management, Compensation,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, 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, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
BambooHR Key Cloud and HCM Applications
BambooHR
BambooHR 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.
BambooHR Revenue Breakdown by Type:
BambooHR 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 | |
BambooHR HCM Applications Revenues By Verticals, $M:
BambooHR Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
BambooHR Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
BambooHR Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified BambooHR Customers
No. of BambooHR Customers: 33000
No. of BambooHR HCM Applications Customers: 33000
No. of BambooHR Cloud HCM Customers: 33000
No. of BambooHR Cloud HCM Subscribers: 3 million
BambooHR serves a vast clientele, boasting over 33,000 customers spanning across 55 diverse industries globally. With a reach extending to more than 100 countries and available in 8 languages, BambooHR caters to the needs of over 3 million employees and HR professionals worldwide. Among its notable clients are Asana, 99design, Capcom, Canndescent, and many others, showcasing its widespread adoption and versatility across various sectors.
BambooHR Market Opportunities, M&A and Geo Expansions
BambooHR announced that it will hire more than 500 new employees in 2021 to help maintain the momentum its HR platform has in the SMB market. Open positions span every department in the organization with a focus on technology, sales, and customer-facing roles.
In November 2021, BambooHR unveiled an integration with Slack to streamline time-off requests, calculate time-off balances and easily access employee directories all within the Slack app.
Continuing its focus on the SMB market with enhancements including updated benefits tracking, new ACA reporting, and improved applicant tracking email templates.
In 2018, BambooHR launched BambooHR Time Tracking reducing the risk of inaccurate or incomplete timesheets that many times make their way into payroll.
BambooHR Risks and Challenges
Doubling its customer count in a compressed time frame is key to winning converts over from the ADP, Ceridian and Paychex installed base.
BambooHR Ecosystem, Partners, Resellers and SI
In August 2021, BambooHR unveiled the addition of five new marketplace partners. These partnerships will provide more options for joint customers to create solutions to the most significant challenges HR is facing, with enhanced features for time tracking, access management, training, and payroll.
BambooHR has a partner program which includes; Referral Program, Marketplace Program, and Reseller Program.
BambooHR Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- BambooHR Public Cloud and Infrastructure (IaaS)
- BambooHR Platform (PaaS)
- BambooHR Application Delivery
- BambooHR 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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