Genuine Technology & Research Ltd. Acknowledged as a Key HR Software Provider by APPS RUN THE WORLD in the HCM Top 500 Market Report

Genuine Technology & Research Ltd. Strengths, Domain Expertise, and Key Differentiators

Since its establishment in 2005, Genuine Technology & Research Ltd. (GTR) has emerged as a leader in software development and automation technology, delivering innovative solutions that drive operational efficiency and business growth. With a strong focus on compliance software for emerging markets, GTR excels in developing scalable and adaptable IT solutions that meet the evolving needs of businesses. Its diverse portfolio includes advanced security systems such as CCTV, Access Control, and Attendance & Payroll solutions, along with specialized CAD/CAM applications designed for the apparel industry. By combining technological expertise with industry-specific innovation, GTR continues to strengthen its position as a trusted provider of automation and business development consultancy services.

Genuine Technology & Research Ltd. Recent Developments

In June 2024, Nahar Agro Limited highlighted the exceptional support service provided by GS-HRM, emphasizing its quick responsiveness and reliability. The platform’s ability to promptly address any issues ensures uninterrupted HR operations, enhancing efficiency and minimizing workflow disruptions. This strong support system reinforces GS-HRM’s value in optimizing HR management for businesses.

In June 2023, BM Energy (BD) Limited experienced significant operational improvements after transitioning to a new system. The mobile attendance feature has enhanced workforce efficiency by simplifying the clock-in process for the sales team, while seamless shift management has optimized scheduling. Additionally, the software’s intuitive interface enables quick and effortless report modifications, driving productivity and operational agility.

Genuine Technology & Research has made significant strides in recent years, expanding its portfolio of solutions and attracting attention in the industry. In the past year, GTR has been featured in several prominent technology publications for its innovative software systems and their impact on business growth. The company has experienced consistent revenue growth, with a notable increase in profitability, signaling its strong market position and customer satisfaction.

Genuine Technology & Research Ltd. Mergers and acquisitions (M&A) Activities

No M&A activities in the last 12 months.

Genuine Technology & Research Ltd. Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Genuine Technology & Research Ltd. 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 Genuine Technology & Research Ltd. 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 GT Solution HRM,GT Accounting,GT Solution customers.

Genuine Technology & Research Ltd. Overview

Ownership: - x

Number of Employees: 110

Functional Market: Time and Attendance, Payroll,

Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction and Real Estate, CPG, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Oil Gas Chemicals, Professional Services, Retail, Transportation, Utility,

Genuine Technology & Research Ltd. Key Cloud and HCM Applications

GT Solution HRM,GT Accounting,GT Solution

Genuine Technology & Research Ltd. HCM and Cloud HCM Applications Revenues, $M:

Type/Year	2023	2024	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.

Genuine Technology & Research Ltd. Revenue Breakdown by Type:

Type	License	Services	Hardware	S&M	SaaS	PaaS	IaaS	Other	Total
% of Total Revenues	Subscribe	Subscribe	Subscribe	Subscribe	Subscribe	Subscribe	Subscribe	Subscribe	100%
Revenues, $M	Subscribe	Subscribe	Subscribe	Subscribe	Subscribe	Subscribe	Subscribe	Subscribe	Subscribe

Genuine Technology & Research Ltd. HCM Applications Revenues By Sub-Functional Markets, $M:

	Split by Sub-Functional Markets	% of HCM Revenue in the HR Segment	2024 HCM Revenues, By HR Segment, $M
Core HR and Performance Management	Benefits Administration	Subscribe	Subscribe
	Compliance	Subscribe	Subscribe
	Core HR and Personnel Management	Subscribe	Subscribe
	Payroll	Subscribe	Subscribe
	Pension Administration	Subscribe	Subscribe
	Compensation Management	Subscribe	Subscribe
	Learning and Development	Subscribe	Subscribe
	Performance and Goal Management	Subscribe	Subscribe
	Succession and Leadership Planning	Subscribe	Subscribe
Talent Acquisition	Applicant Tracking Systems	Subscribe	Subscribe
	Contingent Labor Management	Subscribe	Subscribe
	Candidate Relationship Management	Subscribe	Subscribe
	Onboarding	Subscribe	Subscribe
	Recruiting	Subscribe	Subscribe
	Sourcing	Subscribe	Subscribe
Workforce Management	Absence and Leave Management	Subscribe	Subscribe
	Fatigue Management	Subscribe	Subscribe
	Task Management	Subscribe	Subscribe
	Time and Attendance	Subscribe	Subscribe
	Time Clock (Hardware)	Subscribe	Subscribe
	Workforce Scheduling	Subscribe	Subscribe
	Workforce Analytics	Subscribe	Subscribe

Genuine Technology & Research Ltd. HCM Applications Revenues By Verticals, $M:

Split by Verticals	% of Total Revenues	2024 HCM Apps Revenues, By Verticals, $M
Aerospace and Defense	Subscribe	Subscribe
Automotive	Subscribe	Subscribe
Banking and Financial Services	Subscribe	Subscribe
Communication	Subscribe	Subscribe
Construction and Real Estate	Subscribe	Subscribe
Consumer Packaged Goods	Subscribe	Subscribe
Distribution	Subscribe	Subscribe
Education	Subscribe	Subscribe
Government	Subscribe	Subscribe
Healthcare	Subscribe	Subscribe
Insurance	Subscribe	Subscribe
Leisure and Hospitality	Subscribe	Subscribe
Life Sciences	Subscribe	Subscribe
Manufacturing	Subscribe	Subscribe
Media	Subscribe	Subscribe
Non Profit	Subscribe	Subscribe
Oil, Gas and Chemicals	Subscribe	Subscribe
Professional Services	Subscribe	Subscribe
Retail	Subscribe	Subscribe
Transportation	Subscribe	Subscribe
Utilites	Subscribe	Subscribe
Total	Subscribe	Subscribe

Genuine Technology & Research Ltd. Total and HCM Applications Revenues by Region:

Region	% of Total Revenues	2024 Total Revenues, $M	2024 HCM Applications Revenues, $M
Americas	Subscribe	Subscribe	Subscribe
EMEA	Subscribe	Subscribe	Subscribe
APAC	Subscribe	Subscribe	Subscribe
Total	Subscribe	Subscribe	Subscribe

Genuine Technology & Research Ltd. Direct vs Indirect sales

Type	Direct Sales	Indirect Sales	Total
Type %	Subscribe	Subscribe	Subscribe
Revenues, $M	Subscribe	Subscribe	Subscribe

Genuine Technology & Research Ltd. Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Genuine Technology & Research Ltd. Customers

No. of Genuine Technology & Research Ltd. Customers: 2200

No. of Genuine Technology & Research Ltd. HCM Applications Customers: 2200

No. of Genuine Technology & Research Ltd. Cloud HCM Customers: x

No. of Genuine Technology & Research Ltd. Cloud HCM Subscribers: x

Genuine Technology & Research Ltd. (GTR) has established itself as a trusted technology partner, serving over 550 corporate clients across South Asia. Renowned for its expertise in automation and compliance-driven software solutions, GTR delivers cutting-edge technology tailored to diverse industries. Its extensive client portfolio includes industry leaders such as Whitex Garments, Kenpark, Unifill Group, Campex (BD) Limited, Regency Garments Limited, Azim Group, Geebee Group, Manami Fashions, Interstoff, FMC Dockyard, and many more. GTR’s commitment to innovation, reliability, and customer-centric service has solidified its reputation as a preferred provider of enterprise IT and industrial automation solutions.

Genuine Technology & Research Ltd. Market Opportunities, M&A and Geo Expansions

Genuine Technology & Research Ltd. (GTR) continues to strengthen its expertise in hardware-driven solutions, with access control and security systems taking precedence as critical components of its portfolio. While workforce management solutions gain traction, GTR remains committed to its core strength in delivering cutting-edge security and automation technologies. This strategic focus ensures that GTR remains a leader in providing reliable, high-performance access control and security solutions, reinforcing its position as a trusted technology partner for businesses seeking advanced protection and operational efficiency.

Genuine Technology & Research Ltd. Risks and Challenges

Genuine Technology & Research Ltd. (GTR) continues to drive software adoption by leveraging its strength in hardware integration, ensuring seamless deployment of workforce management solutions. With a focus on increasing hardware attach rates, GTR enhances its software offerings by incorporating advanced automation and analytics, delivering comprehensive workforce optimization. This strategic approach positions GTR as a leader in end-to-end enterprise solutions, empowering businesses with efficient, scalable, and technology-driven workforce management capabilities.

Genuine Technology & Research Ltd. Ecosystem, Partners, Resellers and SI

Primarily direct sales with channel programs.

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:

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