Peakon Strengths, Domain Expertise, and Key Differentiators
Peakon is an employee success platform that converts feedback into insights. It makes the employee conversation quantifiable and actionable to increase employee engagement – not simply measure it. Peakon's core belief is that work should work for people, and with the largest data set of employee feedback in the world, Peakon provides customized benchmarks and personalized insights to support our mission of helping every employee drive the change they want to see. To date, Peakon has helped organizations like Capgemini, Verizon, Pret, Trustpilot, and EasyJet make fundamental changes in how they operate to improve employee experience, driving greater business results.
Peakon Recent Developments
With EU data centers to protect the sovereignty of its customers’ data and GDPR compliance, Peakon provides a secure platform for managing employee engagement across your departments and teams to reduce hiring costs, improve retention, increase employee productivity, and develop effective business strategies.
Peakon Mergers and acquisitions (M&A) Activities
In January 2021, David Somers, Workday’s general manager announced that they have entered into an agreement to acquire Peakon. Under the terms of the definitive agreement, Workday will acquire Peakon for consideration of approximately $700 million in cash, subject to adjustments. The transaction is expected to close in the first quarter of the Workday's fiscal year 2022, ending April 30, 2021, subject to the satisfaction of customary closing conditions, including required regulatory approvals.
Peakon Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Peakon 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 Peakon 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 Peakon customers.
Peakon Overview
Ownership: - x
Number of Employees: 250
Functional Market: Workforce Analytics, Performance and Goal Management,
Key Verticals: Banking and Financial Services, Communications, Consumer Packaged Goods, Distribution, Education, Government, Healthcare, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Professional Services, Retail,
Peakon Key Cloud and HCM Applications
Peakon
Peakon HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2019 | 2020 | 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.
Peakon 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 |
Peakon HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % | 2020 HCM Revenues, By Sub-Functional Markets, $M | |
Peakon HCM Applications Revenues By Verticals, $M:
Peakon Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2020 Total Revenues, $M | 2020 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
Peakon Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Peakon Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Peakon Customers
No. of Peakon Customers: 1000+
No. of Peakon HCM Applications Customers: 1000+
No. of Peakon Cloud HCM Customers: x
No. of Peakon Cloud HCM Subscribers: x
Peakon has more than 1000 clients. Among its customers Quilter, Gympass, Qinetiq, SNHU, Boys and Girls Club of Calgary, Ricoh, Reach, Radian, BCD Travel, GLH, Delivery Hero, ZPG, Stuart Logan, Lexitas, Wash, Trustpilot, WorldFirst, Text100, Autobutler, and many others.
Peakon Market Opportunities, M&A and Geo Expansions
Peakon automatically collects employee engagement feedback, analyses the survey data, and delivers back the insights you need to improve your business. It provides real-time measurements of what’s working, and what isn’t, for groups of employees in business through pulse surveys and comprehensive data analysis.
Peakon Risks and Challenges
Change in leadership could lead to a new Go-To-Market strategy.
Peakon Ecosystem, Partners, Resellers and SI
Peakon has partnerships with Value-Added Resellers, service, consulting, and implementation companies. Among them are Kienbaum, Dragonfish, Kolabori, Ludo Partnership, Outsail, People Collective, TalentGuard, CIPHR, Hg, and many others.
Peakon Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- Peakon Public Cloud and Infrastructure (IaaS)
- Peakon Platform (PaaS)
- Peakon Application Delivery
- Peakon 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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