Perceptyx Strengths, Domain Expertise, and Key Differentiators
Established in 2003, Perceptyx has been at the forefront of transformative advancements within the realms of employee surveys and people analytics. Our commitment extends to providing sophisticated enterprise-level solutions, catering to over 30% of the esteemed Fortune 100 companies. Distinguished by an unparalleled technological platform and a customizable, adaptive methodology, Perceptyx facilitates effortless exploration of insights within expansive and intricate organizational structures. This, in turn, empowers managers, human resources professionals, and business leaders to derive meaningful insights and instigate impactful measures aimed at enhancing overall business outcomes. Grounded in a pervasive intellectual curiosity and an ethos of innovation, Perceptyx boldly challenges conventional norms, presenting itself as a guiding force for organizations seeking a clearer path forward.
Perceptyx Recent Developments
In October 2022, Perceptyx unveiled Cultivate Intelligent Coaching, an innovative AI-powered leadership development product integrated into its People Insights Platform. This solution harnesses behavioral data to provide essential guidance for managers navigating the complexities of the contemporary work environment. Cultivate Intelligent Coaching leverages both active feedback from 360 surveys and voluntary passive listening signals from key workplace communication channels, including Slack, Google Workspaces, Microsoft 365, and Microsoft Teams. By identifying managerial blind spots and coaching needs, the product delivers hyper-personalized leadership insights and actionable recommendations through nudges and a metrics-rich personal dashboard.
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 Mergers and acquisitions (M&A) Activities
In August 2023, Perceptyx successfully completed the acquisition of Humu, a technology company specializing in leveraging science-based 'nudges' to instigate positive behavioral changes and enhance overall business performance.
In February 2022, Perceptyx successfully completed the acquisition of Cultivate, an AI-Powered Coaching Platform. This strategic move is poised to synergize Perceptyx's active listening and feedback platform with Cultivate's leading passive listening and digital coaching product. The resultant amalgamation forms a robust solution, effectively bridging the divide between signal and action within the realm of the employee experience.
In July 2021, Perceptyx strategically acquired Waggl, a real-time employee feedback solution leveraging crowdsourced insights, and CultureIQ, a research-backed platform for evaluating and mitigating cultural disparities. These acquisitions fortify Perceptyx's capacity to provide essential dynamic feedback, empowering organizations to effectively address post-pandemic employee expectations.
In July 2020, Perceptyx strategically acquired Kantar's Employee Insight business, solidifying its position as a standard-bearer in employee surveys over its 25-year history. This acquisition enhances the Perceptyx platform, empowering enterprises with heightened responsiveness and agility through targeted employee feedback and data-driven insights.
Perceptyx Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Perceptyx 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 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 Overview
Ownership: - TCV
Number of Employees: 400
Functional Market: Workforce Analytics, Performance Management,
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,
Perceptyx Key Cloud and HCM Applications
Perceptyx
Perceptyx HCM and Cloud HCM Applications Revenues, $M:
Type/Year | 2022 | 2023 | YoY Growth, % |
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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.
Perceptyx Revenue Breakdown by Type:
Perceptyx 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 | |
Perceptyx HCM Applications Revenues By Verticals, $M:
Perceptyx Total and HCM Applications Revenues by Region:
Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 HCM Applications Revenues, $M |
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Americas | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe |
Perceptyx Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
Perceptyx Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Perceptyx Customers
No. of Perceptyx Customers: 625
No. of Perceptyx HCM Applications Customers: x
No. of Perceptyx Cloud HCM Customers: 625
No. of Perceptyx Cloud HCM Subscribers: 7 million
Perceptyx boasts a diverse client portfolio with over 500 esteemed organizations. Our clientele includes prominent entities such as Sharp HealthCare, OhioHealth, Ahold Delhaize, BASF, Hitachi, RingCentral, Standard Chartered, 21st Century Fox, Advocate Aurora Health, Checkers/Rally, Sonic Automotive, and various other industry leaders.
Perceptyx Market Opportunities, M&A and Geo Expansions
In August 2023, Perceptyx acquired Humu, a technology company specializing in science-based behavioral nudges to foster positive change and enhance business performance. While Perceptyx is already utilized by numerous large enterprises for capturing employee insights and strategizing optimal next steps for an outstanding employee experience, a key challenge persists: activating these insights to drive impactful actions and positive change throughout the organization. To surmount this hurdle, Perceptyx will seamlessly integrate Humu's extensive library of behavioral nudges into its People Insights Platform. This integration empowers organizations to deploy personalized nudges to leaders and employees, tailored to address specific behaviors at both individual and team levels.
As the exclusive provider with a dedicated focus on employee insights and actionable strategies, Perceptyx has consistently committed resources to enhance each facet of the employee listening process. Pioneering the concept of continuous listening, the company offers a diverse array of survey formats, including pulse, always-on, lifecycle, and crowd-sourced, across various channels.
Perceptyx Risks and Challenges
The deliberate expansion of the product portfolio emerges as a vital component in achieving heightened success.
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 Ecosystem, Partners, Resellers and SI
In April 2021, Perceptyx attained the distinction of being chosen as a strategic technology partner for research endeavors led by HR luminary Josh Bersin and his team of esteemed analysts. Recognized for their comprehensive industry studies, research-backed maturity models, and discernment of programs and practices with a positive impact on business and individual performance, Bersin's initiatives are highly regarded.
The predominant sales strategy employed by the company primarily involves direct sales channels.
Perceptyx Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- Perceptyx Public Cloud and Infrastructure (IaaS)
- Perceptyx Platform (PaaS)
- Perceptyx Application Delivery
- Perceptyx 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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