Cegid Strengths, Domain Expertise, and Key Differentiators
Cegid is a provider of business management solutions for CPAs, financial and tax managers, as well as for HR, payroll and retail professionals. Cegid provides assistance in the digitalization of companies and public sector bodies. Cegid's vision of a business is both pragmatic and forward-thinking, and the company has mastered new technologies so as to provide useful innovation, not to mention unique expertise in terms of regulatory matters.
Cegid Recent Developments
In May 2019, Cegit launched DOM (Distributed Order Management), a new solution to go even further in the Order Management System. This solution allows retailers to intelligently organise and coordinate orders placed through the various offline and online sales channels to better manage their inventory, never missing a sale.
Cegid launched its global cloud for the retail industry. The new cloud solution, powered by Microsoft's Azure platform, available in Europe as of March 2017 and in North America during the second half of the year.
Cegid Mergers and acquisitions (M&A) Activities
In September 2018, Cegid acquired Loop Software, the web software company designed for accountants and EPTs/SMEs, bolstering its expertise in the accounting sector. Loop Software has developed collaborative cloud-based account management and taxation solution for EPTs/SMEs and the accounting sector with help from KPMG. Loop is already used by 35,000 clients, who will join the 150,000 EPTs already using Cegid's collaborative solution
Cegid Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Cegid 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 Cegid 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 PeopleVision, Technomedia Talent Management, YourCegid, Y2 customers.
Ownership: - x
Number of Employees: 2400
Functional Market: Workforce Analytics, Core HR, Payroll, Onboarding, Recruiting, Candidate Relationship Management, Applicant Tracking Systems, Performance and Goal Management, Learning and Development, Succession and Leadership Planning, Compensation Management,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, 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, Professional Services, Retail, Transportation, Utilities,
Cegid Key Cloud and HCM Applications
PeopleVision, Technomedia Talent Management, YourCegid, Y2
Cegid HCM and Cloud HCM Applications Revenues, $M:
|Type/Year||2018||2019||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.
Cegid Revenue Breakdown by Type:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
Cegid HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2019 HCM Revenues, By Sub-Functional Markets, $M
Cegid HCM Applications Revenues By Verticals, $M:
Cegid Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 HCM Applications Revenues, $M|
Cegid Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Cegid Customers - Breakdown by Geo, Size, Vertical and Product
No. of Cegid Customers: 10000
No. of Cegid HCM Applications Customers: x
No. of Cegid Cloud HCM Customers: x
No. of Cegid Cloud HCM Subscribers: 430000
10,000 Cegid customers, representing 120,000 customer sites are managed by Cegit's VAR community. Some of Cegit's clients are Longchamp, Shiseido, Lacoste, House of Amber, Regatta Great Outdoors, L'oreal USA, CAA Quebec, Vilebrequin, Leica and many more.
Cegid Market Opportunities, M&A and Geo Expansions
In September 2020, Cegid acquired Meta4, a provider of management solutions for accounting expertise, tax, payroll and human resources. The acquisition of Meta4 allows Cegid to complete its current range and open to key accounts in Spain, Portugal and Latin America. Cegid now manages 22 million people by its solutions.
Cegid Risks and Challenges
As Cegid aims to overcome the sluggish growth in Western Europe by expanding into Moscow, Sao Paolo and Dubai, it's riding the coattails of French companies that are eager to grow their international operations. The question is whether Cegid needs to strengthen ties with local partners in order to improve long-term prospects in different countries.
On the other hand, The acquisition of Technomedia by ERP vendor Cegid is expected to help drive HR revenues across the merged company.The question is how the converged product plans will enable shared and net new customers to accelerate their use of the latest Cloud technologies to drive greater business value.
Cegid Ecosystem, Partners, Resellers and SI
Cegid has built an extensive sales network, both direct and indirect, for the distribution of its solutions. It has 40 sales offices in France and more than 400 resellers worldwide.
Cegid Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- Cegid Public Cloud and Infrastructure (IaaS)
- Cegid Platform (PaaS)
- Cegid Application Delivery
- Cegid Private Cloud and Data Centers
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:
Copyright © 2021, APPS RUN THE WORLD