PeopleStrong Strengths, Domain Expertise, and Key Differentiators
PeopleStrong product suite includes next-gen applications in the space of HR Technology (Talent Acquisition, Human Capital Management, Talent Management), Collaboration, Intelligence, and Analytics and platform. The company has invested heavily in the space of Machine Learning and Platforms and has launched amazing products in the space of PaaS and ML.
PeopleStrong’s Recruitment Technology (Alt Recruit) is a smart, scalable and one-stop recruitment solution for hiring the top talent. It is not merely an Applicant Tracking System (ATS), rather is AI-enabled, Unified, Intuitive and Intelligent recruitment platform which powers end-to-end hiring processes of 100+ organization across the globe. It is integrated with 50+ candidate sourcing channels, processes over 1 million candidates per year and rolls out 60,000+ joining offers per year.
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 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.
Ownership: - x
Number of Employees: 1000
Functional Market: Absence and Leave Management, Workforce Analytics, Workforce Scheduling, Time and Attendance, Core HR, Payroll, Compliance, Sourcing, Onboarding, Recruiting, Performance and Goal Management, Learning and Development, Compensation,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction and Real Estate, Consumer Packaged Goods, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil, Gas and Chemicals, Professional Services, Retail, Transportation, Utilites,
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||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.
PeopleStrong 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%|
PeopleStrong HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2020 HCM Revenues, By Sub-Functional Markets, $M
PeopleStrong HCM Applications Revenues By Verticals, $M:
PeopleStrong Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2020 Total Revenues, $M||2020 HCM Applications Revenues, $M|
PeopleStrong Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
PeopleStrong Customers - Breakdown by Geo, Size, Vertical and Product
No. of PeopleStrong Customers: 350
No. of PeopleStrong HCM Applications Customers: 350
No. of PeopleStrong Cloud HCM Customers: 350
No. of PeopleStrong Cloud HCM Subscribers: 1000000
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 launched its enterprise collaboration platform Zippi and India’s first HR Chatbot Jinie. Zippi is a secure and intelligent enterprise collaboration platform, that aims to be a game changer in transforming how people communicate, collaborate and work efficiently in teams. A mobile first application, Zippi is accessible through web interface as well and focusses on driving productivity through effective communication and engagement in the workplace. Jinie the India’s first HR Chatbot provides the next level of experience to its employees. In today’s smartphone generation this can give a big boost to employee engagement and can free up the time of HR staff.
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
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- PeopleStrong Public Cloud and Infrastructure (IaaS)
- PeopleStrong Platform (PaaS)
- PeopleStrong Application Delivery
- PeopleStrong Private Cloud and Data Centers
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:
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