isolved Strengths, Domain Expertise, and Key Differentiators
The isolved People Cloud offers a comprehensive suite for managing the entire employee lifecycle. With intelligent integration, it provides HR teams with a unified toolset for streamlined workflows, enhanced employee experiences, and adaptability to changing expectations. The platform ensures rapid time-to-value, enabling prompt solutions to HR challenges and alignment with evolving business needs. It also includes accessible analytics, empowering HR teams and business leaders to make informed, data-driven decisions for an exceptional employee experience.
In February 2020, isolved unveiled a state-of-the-art tablet-based time clock, harmoniously integrated with the time and attendance core functionalities of its Human Capital Management (HCM) platform, iSolved. The advanced iSolved Touch time clock introduces a user-friendly interface, featuring an interactive touchscreen operation to streamline the process of clocking in and out.
isolved Recent Developments
In August 2023, Isolved introduced Compensation Analytics and Talent Intelligence solutions, enhancing its analytics suite for organizations of all sizes. These features, integrated into the existing Benchmark Insights release, enable strategic, data-driven decisions in compensation and talent management. With benefits like seamless workflow integration, drill-down metrics, and predictive capabilities, Isolved empowers businesses to gain a competitive edge, plan for the future, and engage top talent effectively amid challenges like the Great Resignation.
In March 2022, TechGenies integrated HR and finance systems with isolved in two days. isolved Predictive People Analytics delivered vital visualizations for strategic decisions. CEO Ahmad Al-Amine praised its impact on workforce monitoring and unified metric tracking. The tool uses industry benchmarks for data-driven insights, with plans for enhanced predictive modeling.
In May 2022, isolved launched People Cloud for Manufacturing, strategically addressing workforce challenges heightened by the pandemic, such as shortages of skilled labor and disruptions in the manufacturing supply chain. Building on the success of isolved People Cloud for Healthcare Services, these industry-specific solutions leverage isolved's profound expertise to guide manufacturers through their pivotal HR issues. With ten percent of isolved's clientele comprising manufacturers, the platform plays a vital role in achieving outcomes, increasing efficiency, enhancing performance, and managing risks in the manufacturing sector.
In February 2022, isolved announced isolved People Cloud for Health Services, a specialized solution tailored to target key areas including talent acquisition, human resources and payroll, workforce management, and talent management. The focus is on optimizing operational efficiency and analytics capabilities within health services.
In September 2021, isolved unveiled isolved Expense Management, presenting a unified approach to streamline expense management. This integrated solution ensures a consistent and user-friendly experience for both employees and employers across various devices. By eliminating the need for separate logins, the platform enhances efficiency, empowering users to effortlessly handle expenses, generate reports, and swiftly return to their primary responsibilities.
isolved Mergers and acquisitions (M&A) Activities
In July 2021, isolved enhanced its workforce analytics capabilities through the acquisition of TrenData HR, a predictive people analytics platform. Leveraging advanced AI models, TrenData HR delivers visual insights into workforce dynamics by integrating external data sources with internal systems.
In April 2021, isolved accomplished the acquisition of Givful, a pioneering workplace philanthropy platform transforming the dynamics of charitable giving and volunteerism for significant global impact. The collective efforts of isolved and Givful aim to democratize corporate social responsibility initiatives for Small and Medium-sized Businesses (SMB) and mid-market enterprises, utilizing a contemporary human capital management solution designed to actively involve the current workforce.
isolved Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying isolved 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 isolved 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 isolved Cloud, customers.
isolved Overview
Ownership: - x
Number of Employees: 2400
Functional Market: Scheduling, Time and Attendance, Core HR, Payroll, Benefits Administration, Compliance, Onboarding, Recruiting, Applicant Tracking Systems, Performance Management, Learning and Development,
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, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
isolved Key Cloud and HCM Applications
isolved Cloud,
isolved 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.
isolved Revenue Breakdown by Type:
isolved 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 | |
isolved HCM Applications Revenues By Verticals, $M:
isolved 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 |
isolved Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
isolved Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified isolved Customers
No. of isolved Customers: 168000
No. of isolved HCM Applications Customers: 168000
No. of isolved Cloud HCM Customers: 168000
No. of isolved Cloud HCM Subscribers: 6.9 Milion
isolved caters to a diverse clientele of 145,000 employers, managing five million employees. The customer base, referred to as People Heroes and collaborative partners spans various sectors, encompassing both small businesses and renowned brands. Prominent iSolved customers include entities like Stockman Management, Leader Logistics Group, Executive Search Firm, Meridian Title Corporation, and New Theatre Restaurant, among others.
isolved Market Opportunities, M&A and Geo Expansions
isolved is witnessing significant growth, marked by notable increases in both market shares and revenue. The company's major strategic emphasis is on elevating market awareness and positioning itself as a strong contender against established players. The isolved People Cloud solution, specifically designed for the midmarket, represents a pivotal opportunity in achieving this objective.
In July 2021, isolved acquired TrenData HR, a predictive people analytics platform, enhancing its capacity to enable organizations of all sizes to leverage HR data for optimizing business and workforce outcomes. In September, isolved launched Predictive People Analytics, featuring customizable dashboards for managers to analyze and forecast workforce trends like turnover and diversity. The solution also introduced a voice-activated AI assistant for answering various HR-related queries.
isolved Risks and Challenges
Keeping up with its breakneck growth and scaling out its reseller network in the US and other countries is key to its long-term success.
isolved Ecosystem, Partners, Resellers and SI
Isolved oversees an exclusive reseller market, the isolved Network, featuring Professional Employer Organizations (PEOs), Administrative Service Organizations (ASOs), and payroll service bureaus. Additionally, its Preferred and Benefit Services channels include a diverse network of partners such as benefits brokers, CPAs/accounting firms, private equity firms, and more, contributing significantly to isolved's market expansion, particularly in the SMB sector.
The isolved Network, Preferred, and Benefit Services business units drive growth through collaboration with dedicated marketing managers and their respective sales teams. Each marketing team strategically implements omnichannel approaches and diverse tactics to attract new partners and generate leads and bookings.
isolved Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- isolved Public Cloud and Infrastructure (IaaS)
- isolved Platform (PaaS)
- isolved Application Delivery
- isolved 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
