Brazen Technologies Strengths, Domain Expertise, and Key Differentiators
Brazen's Conversational Recruiting Platform helps some of the top brands in the world create amazing pre-application experiences. Their platform helps organizations capture more top talent through better engagement options like their recruiting chatbot, VideoBot, QuickChat, scheduled chat, SMS, candidate sourcing and virtual career fairs. With Brazen's conversational recruiting platform, employers are converting 40% more candidates pre-application as well as converting 10-20% of those candidates into hires (compared to an industry average of 5%). Brazen platform offer video interviewing and live video broadcasts right from its virtual career fair platform.
Brazen’s chatbot includes simple website integration, so it’s easy to install on your career site or on job req landing pages. The recruiting chatbot, powered by Google’s DialogFlow, captures contact info, screens applicants, and connects job seekers with live recruiters. Brazen’s recruiting chatbot is focused on the pre-application part of the process, allowing human recruiters to manage conversations and relationships beyond that point. The chatbot has a clear role, which is to get humans involved as early in the process as possible, while saving time by automating some of the more tedious tasks. Brazen’s chatbot was built to automate conversations and gives recruiting teams the ability to control the conversation.
Brazen Technologies Recent Developments
Some organizations were already using virtual hiring tools pre-COVID-19, but COVID-19 shifted them towards 100% use. Some organizations were completely unfamiliar with virtual hiring tools until COVID-19, then started using them to fit their hiring needs. In 2019, Brazen announced a new round of funding, strengthened a strategic partnership, launched new features, and integrated its platform with various other technologies.
Brazen Technologies Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Brazen Technologies 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 Brazen Technologies 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 Virtual Hiring Events, QuickChat & Virtual Concierge, Video Chat, Brazen Live Video Broadcasting customers.
Brazen Technologies Overview
Ownership: - x
Number of Employees: 100
Functional Market: Benefits Administration, Sourcing, Recruiting, Candidate Relationship Management,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction and Real Estate, Consumer Packaged Goods, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Oil, Gas and Chemicals, Professional Services, Retail, Transportation, Utilites,
Brazen Technologies Key Cloud and HCM Applications
Virtual Hiring Events, QuickChat & Virtual Concierge, Video Chat, Brazen Live Video Broadcasting
Brazen Technologies HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2019 | 2020 | 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.
Brazen Technologies 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% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Brazen Technologies HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % | 2020 HCM Revenues, By Sub-Functional Markets, $M | |
Brazen Technologies HCM Applications Revenues By Verticals, $M:
Brazen Technologies Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2020 Total Revenues, $M | 2020 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
Brazen Technologies Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Brazen Technologies Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Brazen Technologies Customers
No. of Brazen Technologies Customers: 200
No. of Brazen Technologies HCM Applications Customers: x
No. of Brazen Technologies Cloud HCM Customers: x
No. of Brazen Technologies Cloud HCM Subscribers: x
Brazen partnered with 14 different organizations who helped candidates meet 200+ employers, some of them are Temple University, SSMHealth, Lincoln Financial Group, KPMG, CVS Health, Houston Methodist, Charles Schwab, UPS and Starbucks.
Brazen Technologies Market Opportunities, M&A and Geo Expansions
In June 2020, Brazen launched several new video features to help recruiters host dynamic virtual recruiting events and connect with candidates face-to-face, from any distance. Chat-to-Video provides a seamless transition from a chat-based prescreening conversation to a full video interview, helping recruiters move candidates through the process more quickly. The second new feature is called Brazen Live Broadcast which is a webinar-style video presentation feature built right within the virtual event platform.
Brazen has raised a total of $13.4M in funding over 9 rounds. Their latest funding was raised on Sep 30, 2019, from a Series C round. "What we see in 2020 is just tons of options for us. We have enough funding to never need funding again," said Barrientos. "But we could do a much larger expansion round, in the $10 million or $20 million range, in the next 12 to 18 months," said long-serving CEO Edward Barrientos in an interview.
Brazen Technologies Risks and Challenges
It is important for Brazen to continue to forge future integrations like it has done in 2019. With an extremely fractured CRM and ATS market, it will be important for Brazen to continue to find ways to pass data between its platform and other platforms so that employers get a 360-degree view of their candidates.
Brazen Technologies Ecosystem, Partners, Resellers and SI
In addition to launching three new integrations in 2019 with the likes of iCIMS, Smashfly, and Talemetry, Brazen also forged strategic partnerships with Talroo, Stories Inc. and Recruit Rooster.
Brazen Technologies Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- Brazen Technologies Public Cloud and Infrastructure (IaaS)
- Brazen Technologies Platform (PaaS)
- Brazen Technologies Application Delivery
- Brazen Technologies 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).
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