Farsight Technologies Strengths, Domain Expertise, and Key Differentiators
Farsight is serving a variety of businesses of all sizes with its remarkably advanced software solutions. Farsight is making human resources management smarter and more efficient by targeting all fields including recruitment, absence management, employee records, performance tracking, and much more.
Farsight Technologies Recent Developments
Farsight IT Solutions, HR technology solutions company, shared its expansion plans. Farsight plans to open offices across India.
Farsight Technologies Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Farsight 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 Farsight 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 Integrated HR Platform, People Reckoner, Farsight Travel Management Solution customers.
Farsight Technologies Overview
Ownership: - x
Number of Employees: 95
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K403, 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,
Farsight Technologies Key Cloud and HCM Applications
Integrated HR Platform, People Reckoner, Farsight Travel Management Solution
Farsight Technologies HCM and Cloud HCM Applications Revenues, $M:
|Type/Year||2020||2021||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.
Farsight 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%|
Farsight Technologies HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2021 HCM Revenues, By Sub-Functional Markets, $M
Farsight Technologies HCM Applications Revenues By Verticals, $M:
Farsight Technologies Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 HCM Applications Revenues, $M|
Farsight Technologies Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Farsight Technologies Customers - Breakdown by Geo, Size, Vertical and Product
No. of Farsight Technologies Customers: 350
No. of Farsight Technologies HCM Applications Customers: 300
No. of Farsight Technologies Cloud HCM Customers: 300
No. of Farsight Technologies Cloud HCM Subscribers: 100000
Farsight Technologies offers Absence and Leave Management, Scheduling and Time & Attendance apps for more than 300 customers, 5000 users and 250,000 ESS users.
Farsight is serving Across Industries like Manufacturing, Automotive, Medical, BPO, Power, Infrastructure, Agriculture etc. Among its customers are: IT Relaxo Footwear Limited, RS Brothers, Schneider Electric, Moserbaer, Lifelong Group, Fairwood Consultants and others.
Farsight Technologies Market Opportunities, M&A and Geo Expansions
India's organic growth, coupled with increased demands from multinationals to tap into local tech skills, will help propel Farsight Technologies to the next level.
Farsight Technologies Risks and Challenges
And a very big offer from competition from multinational companies in HR market. Heavy reliance on its professional services operations.
Farsight Technologies Ecosystem, Partners, Resellers and SI
Farsight Technologies is partnered with Intellivate, a global IT Service Management, Enterprise Tools consulting and Cloud Enablement company headquartered in Noida, India and serving IT Service Providers and Enterprises across the world. Farsight Technologies mostly does direct sales.
Farsight Technologies Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- Farsight Technologies Public Cloud and Infrastructure (IaaS)
- Farsight Technologies Platform (PaaS)
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- Farsight Technologies 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:
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