HRM Software AB Strengths, Domain Expertise, and Key Differentiators
HRM Software is a leading provider of software solutions designed to empower organizations and companies in effectively planning, administering, and developing their most valuable asset - their employees. With a strong commitment to innovation and user-centricity, HRM Software delivers cutting-edge solutions that leverage modern technology to streamline HR and payroll processes. By supporting critical HR functions, these solutions play a pivotal role in enhancing organizational competitiveness. HRM Software's expertise and industry connections, as a part of the esteemed Simonsson Group, position it as a trusted player in the Scandinavian market.
HRM Software AB Recent Developments
HRM Software has been making significant strides in enhancing its HRM system. In April 2020, the company introduced new functionality that allows seamless integration of important documents such as employment contracts, employee interviews, and job descriptions. These documents are securely linked to individuals and made accessible to managers and employees, improving collaboration and data accessibility within organizations. This development received positive coverage in industry news and contributed to HRM Software's revenue growth and profitability.
HRM Software AB Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying HRM Software AB 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 HRM Software AB 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 HRM customers.
HRM Software AB Overview
Ownership: - Simonssongruppen AB
Number of Employees: 70
Functional Market: Absence and Leave Management, Scheduling, Time and Attendance, Core HR, Payroll,
Key Verticals: Automotive, Banking and Financial Services, Communications, 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, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
HRM Software AB Key Cloud and HCM Applications
HRM
HRM Software AB HCM and Cloud HCM Applications Revenues, $M:
Type/Year | 2022 | 2023 | YoY Growth, % |
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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.
HRM Software AB Revenue Breakdown by Type:
HRM Software AB HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2023 HCM Revenues, By HR Segment, $M | |
HRM Software AB HCM Applications Revenues By Verticals, $M:
HRM Software AB Total and HCM Applications Revenues by Region:
Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 HCM Applications Revenues, $M |
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Americas | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe |
HRM Software AB Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
HRM Software AB Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified HRM Software AB Customers
No. of HRM Software AB Customers: 100
No. of HRM Software AB HCM Applications Customers: 100
No. of HRM Software AB Cloud HCM Customers: x
No. of HRM Software AB Cloud HCM Subscribers: x
HRM Software has established a solid customer base, serving renowned organizations in both the public and private sectors. Key customers include Swedish Courts, Gislaved Municipality, Uppsala Municipality, Folksam, Sandvik, Sweco, and Skanska, covering a vast employee count exceeding 100,000. Notably, in September 2020, HRM Software secured a significant long-term agreement with Gislaved Municipality, further strengthening its position in the market.
HRM Software AB Market Opportunities, M&A and Geo Expansions
In September 2020, HRM Software secured a substantial long-term agreement with Gislaved Municipality. The municipality sought a comprehensive HR process solution, and after careful consideration, they selected HRM Software as their preferred provider for HR and payroll services. The agreement, spanning an impressive 16 years, holds an estimated value of SEK 40 million, equivalent to approximately 4.5 million USD. This strategic collaboration further underscores HRM Software's ability to deliver robust and enduring solutions to meet the complex needs of discerning clients in the public sector.
HRM Software AB Risks and Challenges
While HRM Software is well-positioned for growth, it must be mindful of potential risks. Internally, the company may face challenges related to talent acquisition and retention, as competition in the HR technology space intensifies.
Additionally, evolving data privacy regulations and security concerns pose external risks that HRM Software must navigate effectively. Furthermore, go-to-market challenges such as effectively targeting and educating potential customers about the benefits of HRM Software's solutions need to be addressed.
HRM Software AB Ecosystem, Partners, Resellers and SI
HRM Software predominantly engages in direct sales to effectively serve its clientele. By adopting a direct sales approach, the company ensures direct engagement with customers, allowing for personalized interactions and tailored solutions. This strategic sales model enables HRM Software to establish strong relationships, understand customer needs comprehensively, and deliver optimal value through their innovative HR and payroll software solutions. The direct sales focus underscores HRM Software's commitment to delivering exceptional customer experiences and driving customer satisfaction across their diverse client base.
HRM Software AB Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- HRM Software AB Public Cloud and Infrastructure (IaaS)
- HRM Software AB Platform (PaaS)
- HRM Software AB Application Delivery
- HRM Software AB 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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