Orgnostic Strengths, Domain Expertise, and Key Differentiators
The platform's domain expertise is evident in its metamodel, synthesizing data from various systems, enabling users to query organizational questions across multiple data sources seamlessly.
The product portfolio showcases a commitment to user-friendly and secure AI applications, with features like Unplanned Leaves Insight, Employee Net Promoter Score Insight, and the Employee Journey Overview. Orgnostic's focus on security and privacy aligns with industry demands, establishing it as a trustworthy solution for HR teams and people analysts.
The AI/ML features integrated into Orgnostic's platform, especially the large language models for data-driven decision-making, position the company at the forefront of AI innovation in the HR analytics space.
Orgnostic Recent Developments
In recent months, Orgnostic has made waves in the IT industry by introducing generative AI capabilities to its platform, positioning itself as a pioneer in the market. This move not only signifies a technological leap but also a strategic shift towards empowering HR teams with advanced analytics tools. The integration with Slack and the forthcoming integration with Teams have further solidified Orgnostic's standing as a "people analyst in a box."
This innovative integration enables users to interact with Orgnostic's platform using natural language, receiving detailed responses that include relevant metrics and insights. The focus on user engagement and workload reduction for analytics teams is indicative of Orgnostic's commitment to enhancing the accessibility of people analytics.
In addition to these technological advancements, Orgnostic recently introduced two crucial insights - the Unplanned Leaves Insight and the Employee Net Promoter Score Insight. These features offer organizations a deeper understanding of workforce dynamics, providing insights into productivity and employee satisfaction. The introduction of the Employee Journey Overview further showcases Orgnostic's commitment to providing actionable insights in a readable format.
Orgnostic Mergers and acquisitions (M&A) Activities
In its pursuit of aiding fast-growing companies in gaining a comprehensive understanding of their workforce, Orgnostic has secured $5 million in a seed funding round. This financial backing comes a mere eight months after the initial launch of the company's product, and the funds garnered will be allocated towards expeditiously advancing the further development of the platform. With this latest funding round, Orgnostic has accumulated just under $6 million in total investments.
The seed funding round was spearheaded by Earlybird Digital East, with participation from investors such as Script Capital. Angel investors, including Eric Ries and Tiho Bajic of Lean Startup and LTSE, Rony Kahan of Indeed, and Charlie Songhurst of Microsoft, also contributed to the round, underscoring a diverse and well-supported investor base for Orgnostic's growth journey.
Orgnostic Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Orgnostic 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 Orgnostic 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 Orgnostic Platform customers.
Orgnostic Overview
Ownership: - x
Number of Employees: 50
Functional Market: Workforce Analytics,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Orgnostic Key Cloud and HCM Applications
Orgnostic Platform
Orgnostic 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.
Orgnostic Revenue Breakdown by Type:
Orgnostic 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 | |
Orgnostic HCM Applications Revenues By Verticals, $M:
Orgnostic 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 |
Orgnostic Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Orgnostic Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Orgnostic Customers
No. of Orgnostic Customers: 120
No. of Orgnostic HCM Applications Customers: 120
No. of Orgnostic Cloud HCM Customers: 120
No. of Orgnostic Cloud HCM Subscribers: x
Orgnostic boasts an impressive list of customers, including notable names such as hojar, fintechOS, Two Desperados, InterVenture, Blinkist, MTU Aero Engines, SmartRecruiters, Payhawk, and Get Your Guide. The reference from Larissa List, Senior Manager People Analytics at Ada Health, underscores the platform's quick implementation process and outstanding analysis speed and quality.
While specific numbers regarding the total customer count are not provided, the diverse range of industries and regions represented in Orgnostic's customer base attests to its broad market appeal and adaptability.
Orgnostic Market Opportunities, M&A and Geo Expansions
Orgnostic is well-positioned to capitalize on market opportunities at both horizontal and vertical levels. The introduction of AI functionalities, such as natural language processing and large language models, presents an opportunity to cater to a broader audience beyond HR teams, extending into the realm of data-driven decision-making across various organizational functions. Expanding into new regions, especially those with a growing demand for advanced HR analytics, is a viable avenue for Orgnostic's global growth strategy.
Orgnostic Risks and Challenges
Internal risks may include challenges related to the integration of new AI functionalities, ensuring the platform's scalability, and addressing any potential issues with data privacy and security. External risks could involve competition from other emerging players in the HR analytics space and shifts in market demands. Go-to-market challenges may arise as Orgnostic expands into new regions, necessitating a thorough understanding of local regulations and cultural nuances.
Orgnostic Ecosystem, Partners, Resellers and SI
In a recent strategic collaboration, Orgnostic has partnered with Revelio Labs, a company specializing in utilizing data science and statistical modeling to consolidate publicly available job postings, employee sentiment reviews, online profiles, and layoff notices. This partnership enables organizations to benchmark themselves against competitors, stay informed about industry trends, and make data-driven decisions on various dimensions, including headcount, rewards, turnover, and diversity.
By leveraging the combined expertise of Orgnostic and Revelio Labs, organizations now have the capability to conduct unbiased competitive analyses, comparing their hiring efforts with industry rivals and identifying talent trends in specific locations. The collaboration also facilitates the benchmarking of internal compensation and benefits data against external standards based on location, role, and company, ensuring a competitive total rewards package. Furthermore, the partnership supports the creation of a more inclusive workforce by enabling comparisons of internal diversity metrics with national and industry benchmarks, identifying gaps, setting diversity goals, and formulating strategies to enhance inclusivity.
This collaboration signifies a convergence of Orgnostic's proficiency in extracting insights from internal HR data and Revelio Labs' innovative approach to deriving meaningful insights from public employment data. Together, they offer organizations a comprehensive solution for strategic decision-making in the realm of human capital. Orgnostic's commitment to unbiased collaboration is further highlighted by its recent partnership with FPI Fair Pay Innovation Lab, aimed at assisting companies in ensuring fair and equitable pay practices.
Orgnostic 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).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/taxonomy
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