MBO Partners Strengths, Domain Expertise, and Key Differentiators
MBO Partners differentiates itself through various strengths, including its comprehensive business operating system tailored for independent workers. The platform offers end-to-end solutions that facilitate smooth and compliant business transactions. MBO Partners also stands out as an innovation-to-project platform, enabling enterprises to execute ideas with independent talent effectively.
MBO Partners Recent Developments
MBO Partners has experienced noteworthy growth in the adoption of its direct sourcing solutions, including Workforce Optimization, Talent Pools, and Virtual Bench. These offerings enable clients to engage with independent talent efficiently and economically, while providing agility in resourcing. Additionally, MBO Partners is undergoing a front-end reskin to modernize its product design language. The launch of the MBO portal, offering a connected experience for talent and enterprise clients, is imminent.
MBO Partners Mergers and acquisitions (M&A) Activities
In September 2020, MBO Partners acquired MindSumo, an open innovation platform, integrating it into its Enterprise Solutions organization. This acquisition bolstered the MBO platform with over 1 million Gen Z and Millennial talent, along with open innovation capabilities. In November 2020, MBO Partners expanded its reach by acquiring MBO Partners Limited, the UK and Ireland-based affiliates, adding localized expertise to its operations.
MBO Partners Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying MBO Partners 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 MBO Partners 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 MBO Access customers.
MBO Partners Overview
Ownership: - x
Number of Employees: 300
Functional Market: Compliance, Contingent Workforce, Sourcing, Onboarding,
Key Verticals: Aerospace and Defense, Banking and Financial Services, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Life Sciences, Media, Professional Services, Retail, Utilities,
MBO Partners Key Cloud and HCM Applications
MBO Access
MBO Partners 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.
MBO Partners Revenue Breakdown by Type:
MBO Partners 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 | |
MBO Partners HCM Applications Revenues By Verticals, $M:
MBO Partners 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 |
MBO Partners Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
MBO Partners Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified MBO Partners Customers
No. of MBO Partners Customers: 4000
No. of MBO Partners HCM Applications Customers: x
No. of MBO Partners Cloud HCM Customers: x
No. of MBO Partners Cloud HCM Subscribers: x
With over 4,000 enterprise customers, including more than 60 Fortune 500 organizations, MBO Partners has established a strong market presence. Notable customers include Spend Matters, Unisys, Allegis, Beeline, IQnavigator, Pontoon, and SAP Ariba. Moreover, the integration of MindSumo has expanded the platform's reach to encompass a vast network of problem solvers, exceeding 1 million, and over 110,000 independent professionals.
MBO Partners Market Opportunities, M&A and Geo Expansions
MBO Partners is well-positioned to seize market opportunities both horizontally and vertically. With the gig economy rapidly growing, the company is targeting the 40 million independent and self-employed workers in the United States. Furthermore, expanding into new regions, such as the UK and Ireland, provides MBO Partners with opportunities to tap into local talent pools and cater to the evolving demands of the European market.
MBO Partners Risks and Challenges
While MBO Partners enjoys a strong market position, it faces several risks and go-to-market challenges. Internal risks may include the need to continuously innovate and adapt its technology offerings to meet evolving customer needs. External risks encompass intensified competition from players like SAP Fieldglass, Upwork, IQ Navigator, and Workmarket, requiring MBO Partners to differentiate itself through superior ease of use and exceptional customer service.
MBO Partners Ecosystem, Partners, Resellers and SI
MBO Partners has forged valuable partnerships within the procurement and talent acquisition ecosystem, leveraging technology integrations and ecosystem collaborations.
Notable partners include Allegis Global Solutions, Beeline, Geometric Results, SAP Fieldglass, Pontoon, and Volt Consulting Group. These partnerships enhance MBO Partners' network effects and provide a seamless experience for its customers, further solidifying its position as an industry leader.
MBO Partners Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- MBO Partners Public Cloud and Infrastructure (IaaS)
- MBO Partners Platform (PaaS)
- MBO Partners Application Delivery
- MBO Partners 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
