Docebo Strengths, Domain Expertise, and Key Differentiators
Docebo has a cash-to-debt ratio of 75.18, which is better than 81.04% of 2737 companies in the Software industry. The overall financial strength of Docebo is 7 out of 10.
Docebo boasts a straightforward and user-friendly interface, along with exceptional customer support. Docebo recommends an LMS that aligns better with clients needs.
Docebo Recent Developments
Docebo and Google Cloud are set to host an upcoming Hackathon focused on Generative AI Learning Technology. This event will serve as a platform for testing and expanding capabilities, with a primary goal of seamlessly integrating cutting-edge features and functionalities into Docebo's Learning Platform. The Generative AI Learning Technology Hackathon is anticipated to foster collaboration among teams of technical and use case experts, who will engage in a timed competition to apply AI to enhance learning technology solutions.
In February 2020, Docebo unveiled a strategic partnership with Bluewater Learning Inc., a well-established leader in consulting services for learning, talent, and human capital management systems. This collaboration empowers Docebo to expand its capabilities, enabling customers to not only create personalized learning journeys but also seamlessly integrate a wide range of human capital management suite technologies, offering an unmatched enterprise-level experience.
Docebo Mergers and acquisitions (M&A) Activities
In 2023, Docebo successfully finalized its acquisition of PeerBoard, a community-as-a-service platform under the ownership and operation of Circles Collective Inc. This strategic acquisition aims to enhance Docebo's external training offerings and elevate its social learning features, catering to elements that the company deems crucial for customer, partner, member, and franchise education settings. The precise financial details of this acquisition have not been disclosed. Back in November 2020, Docebo had also acquired forMetris, further expanding its capabilities to measure and enhance learning impact.
Docebo Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Docebo 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 Docebo 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 Docebo Learn, Docebo Discover Coach & Share, Docebo Extended Enterprise, Docebo for Salesforce, Docebo Embed (OEM), Docebo Mobile App Publisher. customers.
Docebo Overview
Ownership: - TSE : DCBO
Number of Employees: 880
Functional Market: Learning and Development,
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,
Docebo Key Cloud and HCM Applications
Docebo Learn, Docebo Discover Coach & Share, Docebo Extended Enterprise, Docebo for Salesforce, Docebo Embed (OEM), Docebo Mobile App Publisher.
Docebo HCM and Cloud HCM Applications Revenues, $M:
Type/Year | 2022 | 2023 | YoY Growth, % |
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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.
Docebo Revenue Breakdown by Type:
Docebo 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 | |
Docebo HCM Applications Revenues By Verticals, $M:
Docebo Total and HCM Applications Revenues by Region:
Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 HCM Applications Revenues, $M |
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Americas | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe |
Docebo Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
Docebo Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Docebo Customers
No. of Docebo Customers: 3591
No. of Docebo HCM Applications Customers: 3591
No. of Docebo Cloud HCM Customers: 3591
No. of Docebo Cloud HCM Subscribers: 9 million
Docebo's customer base has expanded to 3,591 customers, a notable increase from 3,106 as of June 30, 2022. Furthermore, the Docebo learning platform now serves over 9 million users, with recent notable additions to their client roster such as the Government of Quebec, VMware, The Heico Companies, GE Appliances, and several others.
Docebo Market Opportunities, M&A and Geo Expansions
The company has successfully acquired Edugo.AI ("Edugo"), a Learning Technology powered by Generative AI. Edugo utilizes advanced Large Language Models (LLM) and sophisticated algorithms to tailor learning paths and cater to the unique needs of individual learners. This acquisition by Docebo serves a dual purpose: it aims to bolster its existing AI capabilities while also introducing new features to the Docebo platform, ultimately enhancing its customer service offerings.
Docebo provides two distinct plans, namely "Growth" and "Enterprise," meticulously tailored to cater to the unique and evolving requirements of their diverse customer base. These plans are strategically aligned with factors such as the number of learners, desired features, available services, and the approach to adopting learning technologies. The "Growth" plan is intended for enterprises with fewer than 500 learners, whereas the "Enterprise" plan is geared towards larger enterprises with more than 500 learners. These offerings are primarily distributed through Docebo's direct sales teams, located in North America (Athens, Georgia, USA, and Toronto, Ontario, Canada), Europe (Italy and the United Kingdom), and the Asia-Pacific region (Australia). Docebo's sales personnel are organized into two specialized teams, one dedicated to acquiring new customers and the other focused on managing existing accounts.
Docebo Risks and Challenges
The market for learning and professional skill development is experiencing rapid evolution, characterized by fragmentation and intense competition. Docebo anticipates ongoing competition as rivals enhance their existing offerings with comprehensive solutions and introduce new products in the ever-evolving e-learning market.
Additionally, the adoption of cloud-based learning solutions in the market is relatively recent and untested, which could potentially affect Docebo's business and financial performance. Even in the event of increased market demand, there is no guarantee that the demand for Docebo's platform will grow proportionally.
Docebo Ecosystem, Partners, Resellers and SI
The majority of Docebo's revenue, approximately 95%, is generated through direct sales. The remaining portion, which accounts for less than 5% revenue, comes from various other channels, including partnerships and resellers. Notable partners of Docebo include Bluewater, Guykat, Complete Learning, Skillsleeve, Kolabori, Omniplex, iLearn Group, among others.
Furthermore, Docebo's integration with WorkSpan, a business management platform, allows for the seamless native incorporation of the Docebo Learning Suite. This empowers enterprise organizations to introduce new partner programs to thousands of partners within the WorkSpan network. In addition to this, Docebo has entered into a strategic partnership with KOLABORI to provide an exceptional software and services solution tailored for the learning technology sector in Brazil and South America. Furthermore, Docebo is collaborating with orchestrateHR to integrate their platform with Docebo's offerings.
Docebo Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- Docebo Public Cloud and Infrastructure (IaaS)
- Docebo Platform (PaaS)
- Docebo Application Delivery
- Docebo 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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