GIRO Acknowledged as a Key HR Software Provider by APPS RUN THE WORLD in the HCM Top 500 Market Report

5800, rue Saint-Denis, Suite 1102

Montreal, QC, H2S 3L5, Canada

1 514-383-0404

https://www.giro.ca/

384 GIRO

GIRO Strengths, Domain Expertise, and Key Differentiators

GIRO Inc. exhibits several competitive advantages in the public transit and postal software market. Its flagship products, HASTUS and GeoRoute, are renowned for modular designs that effectively optimize complex operational challenges, earning trust from major global organizations.

The company’s dedication to research and development is evident, allocating 30% of resources annually to R&D, which ensures its solutions stay at the forefront of technology. GIRO’s deep industry expertise, built through long-term client relationships and active engagement with industry associations, positions it as a preferred partner. Its global presence, serving clients in over 29 countries, further underscores its versatility and adaptability to diverse market needs.

GIRO Recent Developments

GIRO Inc. has demonstrated robust growth in the public transit and postal software sectors, reinforcing its market leadership through strategic initiatives. A notable development is the selection by the Toronto Transit Commission (TTC) in March 2024 for HASTUS implementation, marking a significant expansion in North America. The company also partnered with Ritchies Transport in New Zealand to introduce HASTUS for operational efficiencies and secured a major agreement with Berlin’s BVG for HASTUS implementation across Berlin’s public transport system. Additionally, GIRO upgraded its GeoRoute software for An Post in Ireland, enhancing planning capabilities. Leadership saw a key change with Renée Touzin assuming the role of President and CEO effective January 1, 2024, bringing extensive experience to steer future growth. These moves highlight GIRO’s commitment to innovation and meeting evolving sector needs.

GIRO Mergers and acquisitions (M&A) Activities

GIRO Inc. has demonstrated robust growth in the public transit and postal software sectors, reinforcing its market leadership through strategic initiatives. A notable development is the selection by the Toronto Transit Commission (TTC) in March 2024 for HASTUS implementation, marking a significant expansion in North America. The company also partnered with Ritchies Transport in New Zealand to introduce HASTUS for operational efficiencies and secured a major agreement with Berlin’s BVG for HASTUS implementation across Berlin’s public transport system. Additionally, GIRO upgraded its GeoRoute software for An Post in Ireland, enhancing planning capabilities. Leadership saw a key change with Renée Touzin assuming the role of President and CEO effective January 1, 2024, bringing extensive experience to steer future growth. These moves highlight GIRO’s commitment to innovation and meeting evolving sector needs.

GIRO Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying GIRO 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 GIRO 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 HASTUS, GeoRoute customers.

GIRO Overview

Ownership: - x

Number of Employees: 620

Functional Market: Workforce Scheduling, Core HR, Performance Management,

Key Verticals: Government, Professional Services, Transportation,

GIRO Key Cloud and HCM Applications

HASTUS, GeoRoute

GIRO HCM and Cloud HCM Applications Revenues, $M:

Type/Year20232024YoY 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.

GIRO Revenue Breakdown by Type:

TypeLicenseServicesHardwareS&MSaaSPaaSIaaSOtherTotal
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe 100%
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe

GIRO Total and HCM Applications Revenues by Region:

Region% of Total Revenues2024 Total Revenues, $M2024 HCM Applications Revenues, $M
Americas Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe

GIRO Direct vs Indirect sales

TypeDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

GIRO Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified GIRO Customers


No. of GIRO Customers: 300

No. of GIRO HCM Applications Customers: 0

No. of GIRO Cloud HCM Customers: x

No. of GIRO Cloud HCM Subscribers: x


GIRO Inc. serves a prestigious and diverse customer base, spanning public transit authorities and postal services across 29 countries. Notable clients include major metropolitan transit agencies such as SNCF, Transdev, NJ Transit, STM, and LA Metro, alongside national postal operators like Swiss Post. These organizations rely on GIRO’s software, including HASTUS for public transport and GeoRoute for postal services, to streamline operations, reduce costs, and enhance service reliability. GIRO’s ability to cater to both large-scale urban systems and regional operators highlights its global applicability and versatility, making it a trusted partner in the industry.

HASTUS-Rail is used or being implemented by operators around the world, such as SNCB, the Belgian national railway; KS, the commuter rail system for Greater Boston; MTR Express, the premium express-train service linking Stockholm and Gothenburg; Queensland Rail, the regional and long-distance passenger rail operator in Queensland, Australia.

GIRO Market Opportunities, M&A and Geo Expansions

The evolving landscape of public transit and logistics presents significant growth avenues for GIRO Inc. The increasing adoption of smart city initiatives and sustainable transit solutions creates demand for GIRO’s AI-enhanced software, particularly for optimizing electric vehicle fleets and reducing carbon footprints. Expanding into emerging markets, such as Asia and Latin America, offers potential for new client acquisitions, tapping into untapped demand. Moreover, integrating advanced technologies like machine learning, predictive analytics, and IoT into its platforms positions GIRO to meet the rising need for data-driven decision-making in transit and postal operations. The rise of autonomous vehicles and smart transportation systems further provides opportunities for GIRO to innovate and enhance its offerings, aligning with industry trends.

GIRO Risks and Challenges

Despite its strong market position, GIRO Inc. faces several risks that could impact its growth trajectory. Intense competition from established players and emerging tech startups poses a threat, especially if competitors offer lower-cost alternatives or more advanced features, potentially eroding market share. Economic uncertainties and fluctuating government budgets for public transit could delay or reduce investments in software upgrades, affecting GIRO’s revenue streams.

Rapid technological advancements necessitate continuous innovation, and any lag in adopting new tools, such as cloud-based solutions or enhanced cybersecurity measures, could expose GIRO to operational and reputational risks. Additionally, the increasing complexity of data privacy regulations and the potential for cybersecurity breaches present significant challenges, requiring GIRO to navigate compliance and maintain client trust.

GIRO Ecosystem, Partners, Resellers and SI

GIRO's HASTUS software is employed by eight out of the 10 largest transit agencies in North America. In a significant expansion, GIRO inaugurated its inaugural European office in Lyon in September 2019. This strategic move positions GIRO in closer proximity to its European clients, facilitating a deeper understanding of their operational context. The establishment of this new office enhances the company's ability to offer enhanced support to teams already operating within the continent.

The company fosters strong ties with universities and industry associations, driving innovation and staying ahead of market trends through collaborative efforts. Its active participation in global conferences and user group workshops facilitates knowledge exchange and strengthens its network, enhancing industry relationships. By integrating with IoT platforms, cloud infrastructure, and real-time data providers, GIRO ensures its software remains interoperable and scalable, enabling seamless collaboration within the broader transit and logistics ecosystem. This ecosystem approach supports GIRO’s ability to deliver comprehensive solutions and adapt to evolving industry needs.

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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