beqom Strengths, Domain Expertise, and Key Differentiators
Beqom offers a flexible, cloud-based platform that supports compensation, performance, and pay equity management. Its key features include AI-driven tools for pay prediction and goal setting, a BYOM (Bring Your Own Model) option for integrating custom ML models, and scalable architecture compatible with major HR systems.
beqom Recent Developments
Lars Pedersen was appointed CEO of beqom, succeeding co-founder Fabio Ronga. That same year, beqom published its 2024 Pay Equity Report, which found that 34% of surveyed companies lacked a pay equity strategy, and 54% were unsure about compliance with global standards.
beqom Mergers and acquisitions (M&A) Activities
Lars Pedersen was appointed CEO of beqom, succeeding co-founder Fabio Ronga. That same year, beqom published its 2024 Pay Equity Report, which found that 34% of surveyed companies lacked a pay equity strategy, and 54% were unsure about compliance with global standards.
beqom Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying beqom 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 beqom 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 beqom Platform customers.
beqom Overview
Ownership: - Sumeru Equity Partners
Number of Employees: 229
Functional Market: Workforce Analytics, Performance Management, Compensation Management,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, CPG, Distribution, Healthcare, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Oil Gas Chemicals, Professional Services, Retail, Transportation, Utility,
beqom Key Cloud and HCM Applications
beqom Platform
beqom HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2023 | 2024 | 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.
beqom Revenue Breakdown by Type:
beqom HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2024 HCM Revenues, By HR Segment, $M | |
beqom HCM Applications Revenues By Verticals, $M:
beqom Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
beqom Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
beqom Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified beqom Customers
No. of beqom Customers: 120
No. of beqom HCM Applications Customers: x
No. of beqom Cloud HCM Customers: x
No. of beqom Cloud HCM Subscribers: x
Beqom supports organizations across industries such as technology, finance, retail, and consumer goods. Customers include Allianz, Lowe’s, Daimler, McDonald’s, Fujitsu, and PepsiCo. The platform manages compensation for approximately 3 million individuals in over 160 countries. While specific client numbers are not disclosed, beqom reports working with over 120 large enterprises, with strong presence across North America, Europe, and Asia.
beqom Market Opportunities, M&A and Geo Expansions
Beqom has room to grow through broader adoption of AI-driven compensation tools across industries, further integration with HR and performance management systems, and expansion into emerging markets such as Asia-Pacific and Latin America.
beqom Risks and Challenges
Beqom faces competition from major HCM players like Workday, SAP, and Oracle, along with compliance challenges across multiple regions. Additionally, aligning corporate strategy across its global offices poses a challenge to organizational coherence.
beqom Ecosystem, Partners, Resellers and SI
Compensation and benefits consulting firms partnering with beqom can support strategic projects to help clients achieve corporate goals through effective Total Compensation strategies. Key partners include McLagan, Deloitte, NGA Human Resources, Intangent, Polarys, and GGS.
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
https://www.appsruntheworld.com/FAQ
