Edge Networks Strengths, Domain Expertise, and Key Differentiators
Edge Networks strength is in harnessing data science using machine learning combined with NLP to solve talent acquisition and workforce optimization challenges faced by organizations. As Edge Networks work on large sets of unstructured data, deep learning comes as a natural fit to accurately determine the parameters that make the right person for the right job a reality. Edge Networks provides relational, contextual analysis that increases the depth of analysis derived from rich data.
R&D is the cornerstone of EdGE Networks which infuses innovation in our product features. Named as EdGE Labs, the R&D lab was set up in 2012 with a focus on Data Science powered by high-end GPUs & EdGE Graph (a repository of 800K skills + 3.9 MN JDs + 22 MN profiles).
Edge Networks have a collaborative approach to innovation and have built a co-innovation network which is an ecosystem of technology, academic, business and domain experts. This has resulted in a very intelligent solution that solves real business problems in a futuristic way.
Tangible business benefits: Edge Networks product and solutions have a layer of analytics built into them which allows us to measure the business impact juxtaposed with data shared by the client. Edge Networks have impacted both revenue and profits of our clients resulting from improved time, cost and accuracy of talent management. Edge Networks solution provides a 40% reduction in hiring time and 2x improvement in quality of hire, impacting the customer's bottom line.
Edge Networks Recent Developments
EdGE Networks provides machine learning-based solutions for Talent Acquisition, Workforce Optimization, Workforce Planning, and Talent Transformation. The company secured its Series A funding, recently.
In 2015, Edge Networks added a layer of predictive and prescriptive analytics into its products.
In 2014, Edge Networks launched the Talent Acquisition platform.
Edge Networks Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Edge Networks 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 Edge Networks 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 Talent Acquisition, customers.
Edge Networks Overview
Ownership: - x
Number of Employees: 100
Key Verticals: Professional Services,
Edge Networks Key Cloud and HCM Applications
Edge Networks HCM and Cloud HCM Applications Revenues, $M:
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|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.
Edge Networks Revenue Breakdown by Type:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
Edge Networks HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2019 HCM Revenues, By Sub-Functional Markets, $M
Edge Networks HCM Applications Revenues By Verticals, $M:
Edge Networks Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 HCM Applications Revenues, $M|
Edge Networks Direct vs Indirect sales
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Edge Networks Customers - Breakdown by Geo, Size, Vertical and Product
No. of Edge Networks Customers: 9
No. of Edge Networks HCM Applications Customers: 9
No. of Edge Networks Cloud HCM Customers: 9
No. of Edge Networks Cloud HCM Subscribers: 9
In 2019, Edge Networks acquired new clients from the BFSI and Automotive industry, and becomes a part of Microsoft’s Scaleup Program.
In 2018 Edge Networks acquired its first customers in the BFSI, Telecom and Healthcare verticals.
In 2014, Edge Networks acquired more customers in the IT/ITeS vertical.
In 2013, Edge Networks got its first enterprise customer, Wipro. EdGE Networks focus is on the SMBs, however among its customers are big names such as Wipro, HCL, NTT Data, Edelweiss, Singtel and more.
Edge Networks Market Opportunities, M&A and Geo Expansions
HR function is undergoing a disruptive change owing to digital technologies and the millennial workforce. Artificial Intelligence and analytics are the driving factors in HR Technology world with cloud and social becoming a hygiene factor. AI is a force that will drive the new employment economy.
From talent acquisition and workforce optimization to workforce transformation, AI will act as a strategic enabler to HR and get them a seat at the strategy table. Owing to this, demand for innovative technology solutions across HR functions such as workforce planning, talent acquisition, resource management, learning & development is rapidly increasing.
HR Technology market is estimated to be USD 14 billion. We intend to capture market share by making an aggressive foray into USA and UK markets by investing in sales & marketing and building an ecosystem of partners both GTM and product integration. On the back of some very successful PoCs, we are ready to cater to BFSI and Retail industries in addition to the well-entrenched IT/ITES industry.
Edge Networks Risks and Challenges
Delivering a range of Cloud HCM services will be critical to its long-term success. Economic and market conditions - Financial crisis and the economic slowdown could impact HR budgets will result in cost-cutting on new investments.
Edge Networks show a quick ROI that enables businesses to look at their solution more as a revenue generator than an investment, where the gestation is a long period.
Market consolidation HR Technology industry has witnessed consolidation where the biggies acquire the smaller startups every time there is a disruption, mainly technology-driven.
Edge Networks Ecosystem, Partners, Resellers and SI
Its business strategy includes building an ecosystem of partners both forward and backward integration.
Here is a list of partners: Job Board: Indeed, Shine, TimesJobs, Monster, DICE, Career Builder, Reed Learning Modules & Courses: Manipal ProLearn, SimpliLearn, UpGrad, Plural Sight Assessment: Mettl, Wheebox, HackerRank, Inflow Technologies Background Verification: IDfy, AuthBridge Partnership: Microsoft Bizsparks.
Edge Networks Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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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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