Microimage Among HCM Top 500

9th Lane, Nawala Road

Nawala, Western Province, 11222, Sri Lanka

94 11 761 1677

https://www.mihcm.com/

420

Microimage Strengths, Domain Expertise, and Key Differentiators

After 15 years of experience in the HR Software space, MiHCM launched its latest product MiHCM Cloud. MiHCM Cloud is a result of a 2-year long engineering effort to take HCM to power Digital Transformation of HR. HCM Cloud is built leveraging the power of digital forces cloud, mobile, social and analytics.

The new product is designed to transform the organization's talent management practices by giving access to all the key stakeholders. It's designed with a modern consumer-grade user experience including natural language questioning capabilities to give a simple intuitive experience to all users. This will enable organizations to reduce costs, increase efficiency, drive performance and attract the best talent and most importantly digital transformation of the entire talent management process.

Engaging Mobile workforce, insight-driven to make real-time decisions, enhanced employee engagement powered through social capabilities, seamless system integrations, comply with legislative, identity integrated, highly configurable workflow builder, maximum privacy & scalability with Microsoft azure. Bot capabilities ensure to eliminate the mundane HR activities leaving room to focus more strategic level initiatives.

Microimage Recent Developments

MiHCM, introduced new experiences for MiHCM Cloud Digital HR Platform, MiA Workplace Virtual Assistant for Microsoft Teams, and MiHCM Mobile to facilitate business continuity, employee safety, and resilience amid the COVID-19 pandemic.

Microimage HCM Cloud has spanned over many countries across several territories. Through their Partner ecosystem, Microimage successfully entered into the South East Asian, North American, Europe, and Oceania territories.

The product is now localized to different languages and is compliant with statutory requirements in different countries. As part of the company's strategy to scale their product globally, in January 2019, Microimage HCM rebranded to MiHCM.

Microimage Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Microimage 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 Microimage 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 MiHCM Cloud Digital HR customers.

Microimage Key Cloud and HCM Applications

MiHCM Cloud Digital HR

Microimage HCM and Cloud HCM Applications Revenues, $M:

Type/Year20192020YoY 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.

Microimage Revenue Breakdown by Type:

TypeLicenseProf. ServicesHardwareSupport & MaintenanceSaaSPaaSIaaSOther (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

Microimage Total and HCM Applications Revenues by Region:

Region% of Total Revenues2020 Total Revenues, $M2020 HCM Applications Revenues, $M
Americas Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe

Microimage Direct vs Indirect sales

RegionDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Microimage Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Microimage Customers


No. of Microimage Customers: 500

No. of Microimage HCM Applications Customers: 500

No. of Microimage Cloud HCM Customers: 150

No. of Microimage Cloud HCM Subscribers: 35000


In August 2020, MiHCM together with Mastersystem Infotama has secured opportunity to deploy MiHCM HR platform to Askrindo (PT Asuransi Kredit Indonesia), a financial services and insurance provider with specialty to support Micro, Small, and Medium Enterprises (MSMEs) in Indonesia. Askrindo as one of the leading financial insurance services is the first to transform their HR into Digital HCIS (Human Capital Information System), this strategy is aligned to Askrindo’s Digital Transformation Roadmap to empower workforce productivity.

MiHCM has near 700 customers across many regions such as East Asia, Australia, Europe and covering countries like Malaysia, Myanmar, Cambodia, Thailand, Australia, Sri Lanka, Maldives, United Kingdom, Switzerland. Among MiHCM customers are Dialog Axiata PLC, Ooredoo Maldives, Micromechanics, Cambodia Breweries and many others.

Microimage Market Opportunities, M&A and Geo Expansions

Demographic shifts, Gen- Z taking over workplaces, Digitalization shift are in favor of MiHCM's growth strategy across the globe. Apart from the above great opportunities lie in legacy HR deployments where customers don't see the return on investment and are looking at a more dynamic HR software that could cater to their actual requirement. As indicated above MiHCM foresees a mammoth of opportunities ahead of it for delivering fully integrated HCM applications across the globe.

Microimage Risks and Challenges

In addition to its media and broadcast software assets, MiHCM is stepping up to the challenge by delivering an integrated suite of Cloud HCM applications and can be easily implemented across Asia.

Microimage Ecosystem, Partners, Resellers and SI

During 2018, MiHCM made three different partnerships in different parts of the world. The first one was in February 2018 when Microimage Australia has partnered with SoftwareONE Australia, a powerhouse in the Software Portfolio Management business, to provide underline Cloud capability and take the MiHCM Cloud solution to market across Australia and New Zealand.

The second partnership was in May 2018 when MiHCM appointed SmartProz as the first Canadian channel partner and the last one was in September 2018 when MiHCM partnered with Tech One Global and Microsoft Philippines. In April 2019, MiHCM partnered with Crayon.

With Crayon Intelligent Cloud suite platforms like Cloud-iQ, MiHCM benefits from the deep visibility provided into Crayon's business-critical IT assets, which allows better decision-making in terms of accelerating ROI. In turn, MiHCM' strategic partnership with Microsoft provides Crayon with access to Microsoft's platforms like Azure and Dynamics 365.

Microimage Cloud Platform (PaaS) and Infrastructure (IaaS) Details

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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).


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