Gloat Strengths, Domain Expertise, and Key Differentiators
Gloat provides smart recommendations on what an individual's next career steps could be by using advanced AI to analyze unique and complex career histories, while simultaneously comparing the user's information to the career paths of millions of others. The company provides users with the opportunity to make informed data-driven decisions and even pursue prospects previously unimagined. The anonymity provided by Gloat also promotes a safe place for passive seekers to easily discover and explore their options.
Gloat Recent Developments
At the beginning of 2018, Workey rebranded itself to Gloat. Gloat offers anonymous recruitment platform, revolutionizing HR through AI and machine learning. In 2019, Gloat launched InnerMobility, an AI-powered internal talent marketplace which fosters talent agility and personal development for employees while driving growth in large organizations. In April 2020, Lars Dalgaard and Aaron Au, co-founders of SAP SuccessFactors, joined Gloat as advisors and investors. The latter, who left SAP SuccessFactors as president of SAP JAM the social collaboration unit, became Gloat's chief strategy officer in June 2020. Their involvement is paving the way for Gloat to become an AI engine for large enterprises aiming to use AI to boost employee retention by improving workforce engagement.
Gloat Mergers and acquisitions (M&A) Activities
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Gloat Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Gloat 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 Gloat 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 Gloat InnerMobility customers.
Gloat Overview
Ownership: Eight Roads Ventures, Intel Capital, Magma Venture Partners and PICO Partners. - x
Number of Employees: 100
Functional Market: Recruiting, Learning and Development,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, 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 Nonprofit, Special Cause Nonprofit, Oil and Gas, Professional Services, Retail, Transportation, Utilities,
Gloat Key Cloud and HCM Applications
Gloat InnerMobility
Gloat HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2018 | 2019 | 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.
Gloat Revenue Breakdown by Type:
| Type | License | Services | Hardware | Support & Maintenance | SaaS |
|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Gloat HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % | 2019 HCM Revenues, By Sub-Functional Markets, $M | |
Gloat HCM Applications Revenues By Verticals, $M:
Gloat Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2019 Total Revenues, $M | 2019 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
Gloat Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Gloat Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Gloat Customers
No. of Gloat Customers: 200
No. of Gloat HCM Applications Customers: 200
No. of Gloat Cloud HCM Customers: 200
No. of Gloat Cloud HCM Subscribers: 500,000
Gloat's recruitment platform is used by small, medium and large enterprises, while the InnerMobility platform targets larger companies that have the scope and capabilities to offer their staff a diverse number of internal opportunities.
Gloat Market Opportunities, M&A and Geo Expansions
Gloat commenced operations as an external recruitment marketplace, using AI to match employee career paths and potential recruitment opportunities. Recently, the company has adopted the platform to work with enterprises – both employers and employees – and take advantage of the benefits of internal talent. PICO Venture Partners made $9.6 million investment in Gloat.
Gloat Risks and Challenges
Gloat's key enterprise solution focuses on large companies, scaling it out to meet SMB demands will be key to building a critical mass.
Gloat Ecosystem, Partners, Resellers and SI
InnerMobility integrates perfectly with HR, HCM, learning, performance, and IT platforms.
Gloat Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- Gloat Public Cloud and Infrastructure (IaaS)
- Gloat Platform (PaaS)
- Gloat Application Delivery
- Gloat 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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