Perceptyx, Inc. Strengths, Domain Expertise, and Key Differentiators
Since its founding in 2003, Perceptyx has been revolutionizing the employee survey and people analytics industry, delivering enterprise-level employee surveys and people analytics to more than 30% of the Fortune 100. With an unrivaled technology platform and a tailor-made, flexible approach, the Perceptyx technology makes it easy for managers, HR, or business leaders to discover insights deep within large and complex organizations, driving meaningful action to improve business outcomes. Driven by a deep intellectual curiosity and culture of innovation, Perceptyx is challenging the status quo — to help organizations see the way forward.
Perceptyx, Inc. Recent Developments
In May 2021, Perceptyx appointed HR tech executive Kirsten Helvey to its board of directors. She is best known for her 15-year tenure at Cornerstone OnDemand, the $3 billion talent management platform provider. Having joined the firm when it was a 30-person startup, Helvey rose through the ranks to become COO, overseeing all global operations and client satisfaction. She was instrumental in scaling Cornerstone from 30 to 2,000 employees and will bring that experience to Perceptyx as it navigates its own rapid growth.
Perceptyx is growing at scale, with 7 million employees surveyed in 2019 across large enterprises, and ongoing momentum.
Perceptyx, Inc. Mergers and acquisitions (M&A) Activities
In July 2021, Perceptyx announced two acquisitions that will give organizations even more of the dynamic feedback they need to meet post-pandemic employee expectations. The company has acquired Waggl, an employee feedback solution that crowdsources employee comments and ideas in real-time, and CultureIQ, a research-backed solution for assessing current culture and closing culture gaps.
In July 2020, Perceptyx acquired the Employee Insight business of Kantar, one of the largest data, insights, and consulting companies that has become a standard-bearer in employee surveys during its 25-year history. This acquisition significantly strengthens the Perceptyx platform, which makes enterprises more responsive and agile through targeted employee feedback and data-driven insights.
Perceptyx, Inc. Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Perceptyx, Inc. 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 Perceptyx, Inc. 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 Perceptyx customers.
Perceptyx, Inc. Overview
Ownership: - x
Number of Employees: 375
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K558, 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,
Perceptyx, Inc. Key Cloud and HCM Applications
Perceptyx, Inc. HCM and Cloud HCM Applications Revenues, $M:
|Type/Year||2020||2021||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.
Perceptyx, Inc. 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%|
Perceptyx, Inc. HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2021 HCM Revenues, By Sub-Functional Markets, $M
Perceptyx, Inc. HCM Applications Revenues By Verticals, $M:
Perceptyx, Inc. Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 HCM Applications Revenues, $M|
Perceptyx, Inc. Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Perceptyx, Inc. Customers - Breakdown by Geo, Size, Vertical and Product
No. of Perceptyx, Inc. Customers: 500+
No. of Perceptyx, Inc. HCM Applications Customers: x
No. of Perceptyx, Inc. Cloud HCM Customers: x
No. of Perceptyx, Inc. Cloud HCM Subscribers: 7 million
Perceptyx has more than 500 clients. Among Perceptyx's customers are Sharp HealthCare, OhioHealth, Ahold Delhaize, BASF, Hitachi, RingCentral, Standard Chartered, 21st Century Fox, Advocate Aurora Health, Checkers/Rally, Sonic Automotive, and others.
Perceptyx, Inc. Market Opportunities, M&A and Geo Expansions
In August 2019, Perceptyx received a significant investment from TCV, one of the largest growth equity firms backing public and private technology companies. The investment and expertise from TCV will help fuel Perceptyx’s rapid growth through product innovations for current and future customers, positioning the company to build upon its market-leading people analytics platform.
Perceptyx, Inc. Risks and Challenges
In June 2020, Perceptyx has two new strategic hires; Cheryl Kim has joined the company as Chief Financial Officer, and Sham Telang was Chief Technology Officer.
Perceptyx, Inc. Ecosystem, Partners, Resellers and SI
In April 2021, Perceptyx was selected as a strategic technology partner for research initiatives headed by HR luminary Josh Bersin and his team of analysts. Bersin is renowned for its comprehensive industry studies, research-based maturity models, and the identification of programs and practices that positively impact business and individual performance.
Mostly direct sales.
Perceptyx, Inc. Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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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).
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