Interbiz Solutions Strengths, Domain Expertise, and Key Differentiators
The company's focus and strength is single point data entry that flows through entire suite of applications thus ensuring integrity of data, reduction of paperwork and reduction in time spent on day to day HR processes to help you focus on your core needs. They provide enterprise HRMS solutions to enterprises especially the SME sector at cost effective prices.
Interbiz Solutions Recent Developments
Interbiz Solutions has been a reliable provider of comprehensive HRMS solutions for over 15 years, consistently meeting the diverse needs of its clientele. With a client base exceeding 150 across the top 20 industry verticals, the 247HRM (Human Resource Management Solution) modules effectively address critical HRMS applications for various organizations. The continuous upgrades to 247HRM reflect the company's commitment to staying abreast of the evolving requirements of its customers.
Interbiz Solutions Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Interbiz Solutions 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 Interbiz Solutions 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 247HRM, EZEE Recruits customers.
Interbiz Solutions Overview
Ownership: - x
Number of Employees: 220
Functional Market: Absence and Leave Management, Time and Attendance, Core HR, Payroll, Compliance, Onboarding, Recruiting, Applicant Tracking Systems, Performance Management,
Key Verticals: Aerospace and Defense, 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, Leisure and Recreation, Hospitality, Manufacturing, Media, Faith-Based Nonprofit, Special Cause Nonprofit, Professional Services, Retail, Transportation,
Interbiz Solutions Key Cloud and HCM Applications
247HRM, EZEE Recruits
Interbiz Solutions HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2022 | 2023 | 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.
Interbiz Solutions Revenue Breakdown by Type:
Interbiz Solutions 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 | |
Interbiz Solutions HCM Applications Revenues By Verticals, $M:
Interbiz Solutions Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
Interbiz Solutions Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Interbiz Solutions Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Interbiz Solutions Customers
No. of Interbiz Solutions Customers: 1800
No. of Interbiz Solutions HCM Applications Customers: 1800
No. of Interbiz Solutions Cloud HCM Customers: 1700
No. of Interbiz Solutions Cloud HCM Subscribers: 1000000
With a widespread clientele of over 1500 organizations spanning 20 industry verticals, 247HRM's Human Resource Management Solution (HRMS) modules cater to the diverse needs of these clients for their crucial HRMS applications. In the year 2019 alone, the company successfully onboarded more than 280 cloud HCM clients, including well-known entities such as Hyundai, GVK, Rainbow Hospital for Women and Children, Aparna, MAA, Toyota, Bowling Gaming, and others.
Interbiz Solutions Market Opportunities, M&A and Geo Expansions
India's organic growth and the rising demand from multinational entities seeking access to local tech skills are anticipated to drive HR vendors to new heights. In 2019, Interbiz substantially increased its footprint in South East Asia by acquiring 30 clients in the region.
The company's strategy for 2020 involves further extending its presence in South East Asia, aiming to add at least 100-150 clients in the region. Additionally, Interbiz has plans to expand its operations to North America, identifying a gap in the market for cost-effective HRM platforms.
Interbiz Solutions Risks and Challenges
Relying heavily on the successful delivery of a diverse range of Cloud HCM services poses a potential risk to its long-term success. Any disruptions or challenges in providing these services could impact the company's ability to achieve sustained success in the competitive landscape.
Interbiz Solutions Ecosystem, Partners, Resellers and SI
With a primary focus on direct sales complemented by channel programs, 247HRM is crafted by a team of seasoned experts boasting a collective experience exceeding 60 years. This proficient team has successfully overseen organizations with a workforce surpassing 5000 employees. Offering inherent flexibility, 247HRM is remarkably adaptable right out of the box, minimizing the necessity for extensive custom development to fulfill client requirements.
Interbiz Solutions Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- Interbiz Solutions Public Cloud and Infrastructure (IaaS)
- Interbiz Solutions Platform (PaaS)
- Interbiz Solutions Application Delivery
- Interbiz Solutions 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
https://www.appsruntheworld.com/FAQ
