PeopleStrong Strengths, Domain Expertise, and Key Differentiators
PeopleStrong's product suite encompasses cutting-edge applications in HR Technology, including Talent Acquisition, Human Capital Management, Talent Management, Collaboration, Intelligence, and Analytics. The company's substantial investment in Machine Learning and Platforms has resulted in impressive products in the realms of PaaS and ML. Notably, PeopleStrong's Recruitment Technology, Alt Recruit, stands out as a smart, scalable, and comprehensive solution for global organizations, leveraging AI to streamline end-to-end hiring processes, integrating with 50+ candidate sourcing channels, and processing over 1 million candidates annually.
PeopleStrong Recent Developments
In April 2020, PeopleStrong launched Zippi, a secure and intelligent collaborative work management platform.
Known for its penchant to innovate, PeopleStrong has many firsts to its name, the recent one being the application of Machine Learning in Recruitment (through Match Making) and Employee Experience (through India’s first HR Chatbot Jinie).
PeopleStrong Mergers and acquisitions (M&A) Activities
In September 2023, PeopleStrong sold its assessment and remote proctoring business, Wheebox, a non-profit educational research and measurement firm ETS. The deal was led by ETS Strategic Capital, the private equity investment and merger and acquisition execution arm for ETS, its subsidiaries, and its partners. The acquired business will continue to operate independently as a majority-owned subsidiary of ETS.
In March 2022, PeopleStrong's acquisition of PayReview bolsters its standing as the preferred HR Tech choice in the APAC region. PayReview, a scalable salary and compensation tech platform with 100+ enterprise clients, enhances PeopleStrong's capabilities, introducing efficiency and transparency to traditional compensation management. This strategic move empowers enterprises across APAC to implement data-driven talent strategies, ultimately enhancing business profitability.
In December 2019, PeopleStrong acquired Qilo, a SaaS performance management product that enables CXOs to drive business outcomes and create a high-performance culture by aligning people-performance to business strategy. PeopleStrong acquired Capabiliti by Qustn Technologies a learning platform and Grownout - a Machine learning platform in 2018. Capabilities mobile-first learning will be integrated with PeopleStrong’s Alt platform and will be offered to PeopleStrong customers globally.
PeopleStrong Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying PeopleStrong 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 PeopleStrong 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 Alt Recruit, Alt Worklife, Alt Payroll, Alt Learning, Alt Performance, Alt Analytics, Jinie, Zippi customers.
PeopleStrong Overview
Ownership: - x
Number of Employees: 1100
Functional Market: Absence and Leave Management, Workforce Analytics, Scheduling, Time and Attendance, Core HR, Payroll, Compliance, Sourcing, Onboarding, Recruiting, Performance Management, Learning and Development, Compensation,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
PeopleStrong Key Cloud and HCM Applications
Alt Recruit, Alt Worklife, Alt Payroll, Alt Learning, Alt Performance, Alt Analytics, Jinie, Zippi
PeopleStrong 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.
PeopleStrong Revenue Breakdown by Type:
PeopleStrong 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 | |
PeopleStrong HCM Applications Revenues By Verticals, $M:
PeopleStrong 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 |
PeopleStrong Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
PeopleStrong Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified PeopleStrong Customers
No. of PeopleStrong Customers: 500
No. of PeopleStrong HCM Applications Customers: 500
No. of PeopleStrong Cloud HCM Customers: 500
No. of PeopleStrong Cloud HCM Subscribers: 2000000
PeopleStrong’s comprehensive HR Technology suite serves over 350 enterprises across Asia. Over 1 Million users from enterprises like Aditya Birla Capital, Singlife, True Corp, Amara raja group, Chola Finance, Future Group, and Vmart experiencing the new code of work with PeopleStrong.
PeopleStrong Market Opportunities, M&A and Geo Expansions
In July 2019, PeopleStrong introduced Zippi, its secure and intelligent enterprise collaboration platform, alongside India's first HR Chatbot, Jinie. Zippi, accessible via web and mobile interfaces, prioritizes productivity by enhancing workplace communication and engagement. Jinie, as India's pioneering HR Chatbot, elevates the employee experience, contributing to increased engagement and efficiency in HR operations.
PeopleStrong Risks and Challenges
Post launch of the Taggd brand last year, PeopleStrong's focus has largely been in tech space. The dependency on the professional service segment is reduced to less than 25%
PeopleStrong Ecosystem, Partners, Resellers and SI
Primarily direct sales with channel programs. Alt one Partners are: Comport Technology Solutions, Sheroes Take Charge, LiquiLoans, Reckrut.com, Talview, Zoliday.com. Channel Partners are: CloudCorner Solutions, Encoding Enhancers, Neovatic, Annotteros. Cloud Partners are: AWS and Azure.
PeopleStrong Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- PeopleStrong Public Cloud and Infrastructure (IaaS)
- PeopleStrong Platform (PaaS)
- PeopleStrong Application Delivery
- PeopleStrong 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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