Octime Acknowledged as a Key HR Software Provider by APPS RUN THE WORLD in the HCM Top 500 Market Report

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https://www.octime.com/

360 Octime

Octime Strengths, Domain Expertise, and Key Differentiators

Octime expertise, accumulated over two decades, has allowed it to develop comprehensive and tailored solutions for time management and staff scheduling. Octime's product portfolio offers scalable and progressive features, empowering HR departments with the necessary tools to efficiently manage planning, schedules, and absences.

Octime's AI and ML capabilities deliver intelligent insights and optimization, further streamlining workforce management processes. The seamless integration with various payroll systems enables a smooth transition for HR departments, eliminating silos and enhancing overall operational efficiency.

Octime Recent Developments

Octime has demonstrated remarkable progress in consolidating its market position and diversifying its range of services. The company has taken significant steps forward in fortifying its standing within the industry and broadening its portfolio to meet the evolving needs of its clients. Through its unwavering commitment to innovation and leveraging its extensive experience of over two decades, Octime has successfully positioned itself as a leading force in the field of planning and managing working time.

Octime Mergers and acquisitions (M&A) Activities

In 2022, Octime continued its external growth strategy with the acquisition of the Spanish aTurnos. This other ATM specialist is strengthening its constrained planning and automation capabilities but also its presence on the Spanish and South American market, where Octime is already present with its subsidiary Grupo Spec. This acquisition follows that of LibMed in 2021, which allowed it to confirm its expertise in the field of health and medico-social. Its Staffelio replacement management and optimization platform has since been integrated into Octime.

Octime Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Octime 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 Octime 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 OCTIME customers.

Octime Key Cloud and HCM Applications

OCTIME

Octime HCM and Cloud HCM Applications Revenues, $M:

Type/Year20222023YoY 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.

Octime Revenue Breakdown by Type:

TypeLicenseServicesHardwareS&MSaaSPaaSIaaSOtherTotal
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe 100%
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe

Octime Total and HCM Applications Revenues by Region:

Region% of Total Revenues2023 Total Revenues, $M2023 HCM Applications Revenues, $M
Americas Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe

Octime Direct vs Indirect sales

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

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

List of Verified Octime Customers


No. of Octime Customers: 2600

No. of Octime HCM Applications Customers: 2600

No. of Octime Cloud HCM Customers: x

No. of Octime Cloud HCM Subscribers: 1300000


In 2020, Octime successfully onboarded 206 new customers, following a similar trend in 2019, where they acquired over 210 customers. Notable references among Octime's customers include Docaposte, Elsan, GrandOptical, Groupe Aesio, IBM, Nord le Department, Ramsay Sante, ACPPA Groupe, Euro Kera, and Fondation Hospitaliere Sainte-Marie. Octime's broad customer base, spanning various sectors, highlights the versatility and effectiveness of its time management software.

Octime Market Opportunities, M&A and Geo Expansions

As the demand for cloud-based HR solutions grows, this presents Octime with an opportunity to capitalize on the shift towards Software-as-a-Service (SaaS) models. Furthermore, the increasing adoption of IoT devices in the workplace creates avenues for Octime to offer innovative solutions that leverage real-time data for enhanced workforce planning and optimization.

Octime's software is particularly relevant in the retail sector, where efficient time management and adaptability are crucial. Expanding into new regions and markets also offers untapped growth potential for Octime.

Octime Risks and Challenges

The heavy reliance on hardware and professional services poses a potential risk for Octime, resulting in a challenge and competitive disadvantage. This emphasis limits Octime's adaptability to meet the increasing demand for cloud-based solutions and Software-as-a-Service (SaaS) models, potentially hindering its scalability and agility in a fast-paced market.

Octime Ecosystem, Partners, Resellers and SI

Octime recognizes the significance of technology integrations and ecosystem partnerships to deliver comprehensive solutions to its customers. The company's software seamlessly integrates with various HR software systems, including Cegid, Sage, ADP, Alfa, Ciril, In Extenso Social, EIG, Sigma, Nov RH, SAP, SOPRA, HR-ACCESS, GXP, PWC, EPaye, Silae, SD Works, Cegedim, Talentia Software, Meta 4, Sedit Marianne, CPage, Agirh, Prios, Agfa, JVS, among others.

Furthermore, Octime collaborates closely with key pay providers, such as In Extenso Social, PWC, Grant Thornton, Payroll & HR, Nibelis (ex: Better Management), ensuring a streamlined and efficient payroll process. Octime's network effects are enhanced through system integrators and value-added resellers, fostering a robust ecosystem that delivers end-to-end workforce management solutions.

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

Subscribe to read more about:

  • Octime Public Cloud and Infrastructure (IaaS)
  • Octime Platform (PaaS)
  • Octime Application Delivery
  • Octime 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/About Us
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Buyer Intent: Companies Reading this Research Report
ARTW Buyer Intent uncovers actionable customer signals, identifying software buyers actively reading this research report. Gain ongoing access to real-time prospects and uncover hidden opportunities. Companies Actively accessing this research report include:
  1. SMBC Europe, a United Kingdom based Banking and Financial Services organization with 1740 Employees
LogoCompanyIndustryEmployeesRevenueCountryEvaluated
SMBC EuropeBanking and Financial Services1740$3.5BUnited Kingdom2024-09-02