CIPHR Strengths, Domain Expertise, and Key Differentiators
CIPHR is a SaaS provider offering comprehensive HR, payroll, recruitment, and learning software. Businesses can seamlessly connect with their employees through its online platform, CIPHR Connect. The company's marketplace facilitates the integration of its proprietary HR software with customers' existing tools, streamlining HR administrative tasks and enhancing data accuracy.
CIPHR Recent Developments
In June 2023, Ciphr appointed Simon Witkiss as its inaugural Vice President of Product. He has officially joined the leadership team of the ECI-backed group with immediate effect.
In the year 2020, CIPHR, a UK-based provider of SaaS solutions for HR, payroll, recruitment, and learning, is undergoing a rebranding initiative for its HCM platform, now known as 'CIPHR Connect.' The new name aims to highlight the significance of connectivity within the specialized software at the core of CIPHR's offerings to customers. Additionally, it seeks to establish a clearer distinction between the expanding endeavors of the CIPHR Group and the array of products provided by CIPHR.
In June 2018, CIPHR introduced CIPHR Connect, an ecosystem comprising reliable business applications that seamlessly integrate with CIPHR's HR and recruitment solutions. This integration facilitates the connection of people data throughout the organization, empowering HR departments to operate with greater strategic focus and efficiency.
CIPHR Mergers and acquisitions (M&A) Activities
In April 2023, Ciphr successfully acquired Marshall E-Learning, an online learning provider focused on diversity and inclusion. The financial terms of the acquisition remain undisclosed. The agreement will enhance Ciphr Group's comprehensive learning and development content. Customers, both new and existing, from both brands will gain access to an expanded selection of 'off the shelf' courses and customized workplace training options for their employees.
In December 2019, CIPHR acquired Payroll Business Solutions (PBS), a longstanding strategic software and services partner. This acquisition seamlessly aligns with their existing collaboration, which has spanned several years and encompasses over 50 shared customers. These clients, including well-known entities such as Dreams, CitySprint, and Zoopla, already enjoy the advantages of integrated HR and payroll software from the combined expertise of CIPHR and PBS.
CIPHR Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying CIPHR 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 CIPHR 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 CIPHR HR, CIPHR Payroll, customers.
CIPHR Overview
Ownership: - x
Number of Employees: 220
Functional Market: Absence and Leave Management, Core HR, Payroll, Benefits Administration, Pension Administration, Onboarding, Recruiting, Applicant Tracking Systems, Performance Management, Learning and Development, Succession Planning,
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,
CIPHR Key Cloud and HCM Applications
CIPHR HR, CIPHR Payroll,
CIPHR 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.
CIPHR Revenue Breakdown by Type:
CIPHR 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 | |
CIPHR HCM Applications Revenues By Verticals, $M:
CIPHR 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 |
CIPHR Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
CIPHR Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified CIPHR Customers
No. of CIPHR Customers: 650
No. of CIPHR HCM Applications Customers: 650
No. of CIPHR Cloud HCM Customers: 650
No. of CIPHR Cloud HCM Subscribers: 1 milion
CIPHR is employed by over 650 organizations, serving over one million employees across 50 countries worldwide. Notable recent additions to its clientele include Sports England, Royal Russell, GTR, Warrington & Vale Royal College, Outcomes First Group, CitySprint, Highways England, and Iglu.com, among others.
CIPHR Market Opportunities, M&A and Geo Expansions
CIPHR focuses on payroll, core HR, and expense management applications. Additionally, in June 2018, CIPHR launched CIPHR Connect: an ecosystem of trusted business applications that integrate seamlessly with CIPHR’s HR and recruitment solutions, connecting people data across the organization and enabling HR departments to work more strategically and effectively.
CIPHR Risks and Challenges
Andrew Stevens has been named the new Chief Technology Officer (CTO) of Ciphr, a SaaS HR provider supported by ECI. In his new role, Stevens will oversee all technical operations for the group, effective immediately.
Ciphr is further solidifying its presence in the UK's HCM market by welcoming two new board members, Gerald Byrne, an accomplished SaaS sales leader, and Badr Khan, former CTO of ATG. Their appointments aim to spearhead commercial growth for the company.
Ciphr, the HR vendor, has officially named Sion Lewis as its new Chief Executive Officer, effective February 1st. Sion Lewis succeeds the founder and former CEO of three decades, Chris Berry, who will transition to the board in the capacity of a non-executive Director.
In January 2021, ECI Partners, a leading growth-focused mid-market private equity firm, made an investment in CIPHR. This capital infusion will enable CIPHR to expedite its ambitious growth and development initiatives. The transaction marks an exit for LDC, which had previously invested in CIPHR in 2016. During its partnership with LDC, CIPHR focused on product development and successfully executed four strategic acquisitions, broadening its offerings from HR to encompass recruitment, learning, and payroll solutions through the CIPHR Connect HCM platform. Over the period from 2016 to 2020, CIPHR made substantial investments, doubling its workforce and achieving a compound annual revenue growth of over 25%.
The recent shift in ownership may lead to changes in the product director and the go-to-market strategy.
CIPHR Ecosystem, Partners, Resellers and SI
Ciphr's meticulously curated marketplace of reputable business partners facilitates the implementation of a best-of-breed strategy for integrated people systems. These carefully selected partners offer products, services, or solutions that seamlessly complement not only our people management platform, Ciphr Connect but also align with our strategic services and business philosophy. Among these esteemed partners are Simon Sez IT, Thrive Learning, Digits LMS, Experian, Webexpenses, AdviserPlus, Moodle, ADP, Capita, TrustID, IBM, and several others.
In November 2018, PES, an employee benefits provider that recently obtained growth funding through Chiltern Capital, formed a partnership with CIPHR, a provider of HR and recruitment software. This collaboration aims to provide companies with a seamless service, offering technology-driven employee benefits and well-being services.
PES is seamlessly incorporating its online employee benefits portal, Happy People, with CIPHR's self-service SaaS HR system. This integration enables employees to effortlessly manage their data and benefit selections, resulting in time and effort savings for HR teams and fostering a positive overall employee experience.
CIPHR Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- CIPHR Public Cloud and Infrastructure (IaaS)
- CIPHR Platform (PaaS)
- CIPHR Application Delivery
- CIPHR 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
https://www.appsruntheworld.com/FAQ
