MBO Partners Strengths, Domain Expertise, and Key Differentiators
MBO Partners has complete business operating system for independent workers, offering technology solutions that make it easy for self-employed professionals and their clients to do business both efficiently and compliantly. MBO Partners is the only innovation-to-project platform on the market, offering idea to execution ability for enterprises engaging independent talent. MBO UK and MBO Ireland added local delivery capability in the UK and Ireland, while also establishing an entity in the European Union. The Freelance Conference allowed MBO the rights to market a large scale events series to its independent talent. The Freelance Conference was integrated into the Marketing organization in 2021 and the delivery of event management folded into the MBO brand in 2022.
MBO Partners Recent Developments
In 2021 and thus far in 2022, MBO Partners has seen significant growth in the adoption of several of its offerings designed to extend its direct sourcing solutions. These include Workforce Optimization, Talent Pools, and Virtual Bench. Workforce Optimization is an offering that enables clients to realize the economic and agility benefit of engaging with independent talent via a curated direct sourcing strategy by providing an alternative channel to legacy supply chain options. Talent Pools help clients build known, curated talent into their direct sourcing programs that align to current and anticipated needs. The Virtual Bench offering is designed to enable clients to create pre-vetted talent groups that can engage very quickly, removing friction from onboarding while allowing clients to be extremely responsive to their resourcing needs. MBO Partners is in the middle of its front-end reskin which will modernize the product design language. Launch of MBO's portal, which will connect talent and enterprise clients to the MBO ecosystem in one connected experience via Single Sign On.
MBO Partners Mergers and acquisitions (M&A) Activities
In September 2020, MBO acquired MindSumo, an open innovation platform based out of Durham, N.C. MindSumo added 1M+ GenZ and Millennial talent to the MBO platform, as well as open innovation capabilities. MindSumo was transitioned in 2021 from a stand-alone offering and integrated into its Enterprise Solutions organization to increase access for enterprise clients for this offering.
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: 225
Functional Market: Compliance, Contingent Labor Management, 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 | 2020 | 2021 | 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.
MBO Partners Revenue Breakdown by Type:
| Type | License | Prof. Services | Hardware | Support & Maintenance | SaaS | PaaS | IaaS | Other (Non Enterprise Application Revenues) | Total |
|---|---|---|---|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | 100% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
MBO Partners HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % | 2021 HCM Revenues, By Sub-Functional Markets, $M | |
MBO Partners HCM Applications Revenues By Verticals, $M:
MBO Partners Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2021 Total Revenues, $M | 2021 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: 1000+
No. of MBO Partners HCM Applications Customers: x
No. of MBO Partners Cloud HCM Customers: x
No. of MBO Partners Cloud HCM Subscribers: x
MBO has more than 1000 enterprise customers, including more than 60 Fortune 500 organizaitons, 1M+ problem solvers on MindSumo and more than 110,000 independent professionals on platform. Among MBO Partners customers are Spend Matters, Unisys, Allegis, Beeline, IQnavigator, Pontoon, SAP Ariba and others.
MBO Partners Market Opportunities, M&A and Geo Expansions
In November 2020, MBO Partners acquired MBO Partners Limited, UK and Ireland-based affiliates of MBO Partners. The acquisition will supplement MBO’s existing capabilities with localized expertise and experience in the United Kingdom and Ireland.
MBO is going after 40 million independent and self-employed workers in the United States.
MBO Partners Risks and Challenges
Leapfrogging SAP Fieldglass, Upwork, IQ Navigator and Workmarket in ease of use and customer service is key to its MBO's ability to succeed and achieve lasting brand equity.
MBO Partners Ecosystem, Partners, Resellers and SI
In December 2018, MBO Partners partnered with Taxfyle to provide MBO’s robust network for independent professionals year-round complete tax care, from consultations to filings at special rates.
In December 2017, PeopleTicker, the global standard for real-time market labor rate data and MBO Partners partnered to provide MBO’s enterprise clients and independent professionals with direct access to PeopleTicker’s third-party labor rate information.
MBO Partners has partnered with leading providers in the procurement and talent acquisition ecosystem. Their most valued business partners are Allegis Global Solutions, Beeline, Geometric Results, SAP Fieldglass, Pontoon, Volt Consulting Group, and many others.
MBO Partners Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- 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
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