NEOGOV Strengths, Domain Expertise, and Key Differentiators
NEOGOV stands as a leading market and technology provider specializing in public sector human resources software. With over 15 years of dedicated service, NEOGOV prioritizes the streamlining of HR operations. Its software seamlessly automates hiring, onboarding, and performance evaluation processes. Notably, NEOGOV's solutions boast both user-friendly interfaces and swift implementation, ensuring a low-risk, high-return model tailored for the public sector.
NEOGOV Recent Developments
In 2022, NEOGOV introduced Attract, a candidate relationship manager (CRM) software aimed at improving public sector recruitment. Attract seamlessly integrates with NEOGOV's Recruit module, providing comprehensive solutions for managing the candidate experience and bolstering employer brands. Developed to tackle recruiting challenges in a competitive job market, Attract captures candidate leads, nurtures relationships, and offers data-driven insights. Key features include custom branding, automated candidate sourcing, personalized communications, and analytics.
NEOGOV Mergers and acquisitions (M&A) Activities
In 2022, NEOGOV made three strategic acquisitions in public safety technology: PlanIt Schedule, Agency360, and CueHit, integrating them into their PowerDMS platform. This move enhances NEOGOV's public safety workforce solution, offering comprehensive tools for recruitment, training, and protection of first responders. With these additions, NEOGOV aims to provide a single technology platform for public safety agencies, addressing critical needs such as recruitment, training, scheduling, and community engagement. The acquisitions underscore NEOGOV's commitment to innovation and expansion within the government technology sector.
In December 2020 NEOGOV merged with PowerDMS, a leader in cloud-based compliance software that helps customers simplify how they create, track, and attest to policies, training, and industry standards. The merger will expand NEOGOV’s product offerings and further demonstrate its commitment to streamlining the complex processes needed to support the public sector workforce. NEOGOV’s full-suite human capital management solution enables recruiting, hiring, onboarding, training, performance management, payroll, benefits, and time and attendance processes specific to public sector and higher education organizations. PowerDMS’ products strategically complement NEOGOV’s platform and capabilities, setting it up for the next chapter of the company’s growth. The merger will help customers solve complex human resource and compliance challenges under one roof by unifying best-in-class human resource tools and document management in an age of increased pressure for additional accountability and transparency. The merger is subject to regulatory approval. The combined businesses will be operated by NEOGOV, which is headquartered in El Segundo, CA. Shane Evangelist will be the CEO of the combined company.
NEOGOV Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying NEOGOV 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 NEOGOV 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 NEOGOV Recruit, NEOGOV Develop, NEOGOV Manage customers.
NEOGOV Overview
Ownership: - x
Number of Employees: 700
Functional Market: Workforce Analytics, Compliance, Sourcing, Onboarding, Recruiting, Candidate Relationship Management, Applicant Tracking Systems, Performance Management, Learning and Development, Succession Planning, Compensation,
Key Verticals: K12, Higher Education, Federal Government, State and Local Government, Public Safety,
NEOGOV Key Cloud and HCM Applications
NEOGOV Recruit, NEOGOV Develop, NEOGOV Manage
NEOGOV 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.
NEOGOV Revenue Breakdown by Type:
NEOGOV 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 | |
NEOGOV HCM Applications Revenues By Verticals, $M:
NEOGOV 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 |
NEOGOV Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
NEOGOV Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified NEOGOV Customers
No. of NEOGOV Customers: 13000
No. of NEOGOV HCM Applications Customers:
No. of NEOGOV Cloud HCM Customers:
No. of NEOGOV Cloud HCM Subscribers: 800000
NEOGOV stands as the trusted choice for over 6,000 public sector and education entities, catering to diverse organizational needs. With a vast clientele, including notable names such as the State of South Carolina, City of Dallas, and over 25% of California Counties, NEOGOV's impact extends nationwide. Serving over 2 million employees and handling 10 million applicants, it's the go-to platform for streamlined recruitment, selection, and workforce evaluation processes.
NEOGOV Market Opportunities, M&A and Geo Expansions
NEOGOV stands poised for significant growth and market expansion, with recent strategic acquisitions and investment injections fueling its momentum. By integrating PlanIt Schedule, Agency360, and CueHit into their PowerDMS platform, NEOGOV has fortified its public safety workforce solution, catering to critical needs in recruitment, training, and scheduling for first responders. The introduction of Attract, a candidate relationship manager (CRM) software, further strengthens NEOGOV's position in public sector recruitment, offering tailored solutions for candidate engagement and employer branding. With backing from The Carlyle Group and Warburg Pincus, NEOGOV is well-positioned to capitalize on organic and inorganic growth opportunities, including product innovation, market expansion, and strategic mergers and acquisitions, solidifying its presence in the government technology landscape.
NEOGOV Risks and Challenges
Despite its strong market position and recent growth initiatives, NEOGOV faces several potential risks as a company. One primary concern could be heightened competition within the public sector HR software market, leading to pricing pressures and reduced profit margins. Additionally, dependence on key clients, such as government entities, exposes NEOGOV to the risk of budget cuts or changes in procurement priorities, impacting its revenue stream.
NEOGOV Ecosystem, Partners, Resellers and SI
NEOGOV forged a strategic alliance with Spark Hire, the foremost video interviewing platform, in May 2021. This collaboration empowers over 2,000 government agencies and educational institutions utilizing Insight, NEOGOV’s applicant tracking solution, to seamlessly access Spark Hire’s interviewing software within the NEOGOV platform. Spark Hire's tools expedite candidate evaluation, aiding recruiters in making informed hiring decisions swiftly. With a commitment to enhancing hiring processes and fostering exceptional customer experiences, Spark Hire aligns closely with NEOGOV's objectives. Similarly, NEOGOV joined forces with AccuSource, facilitating background check integration for NEOGOV users. This partnership streamlines background check initiation, tracking, reporting, and follow-up actions directly within the Insight product, enhancing efficiency and compliance in the hiring process.
NEOGOV Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- NEOGOV Public Cloud and Infrastructure (IaaS)
- NEOGOV Platform (PaaS)
- NEOGOV Application Delivery
- NEOGOV 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
