Phenom People Strengths, Domain Expertise, and Key Differentiators
Phenom People, a provider of a Talent Experience Management, helps companies attract phenomenal talent through personalized digital experience. The Phenom People Talent Experience Management platform automates the complex process of driving awareness, interest, engagement, and acquisition for qualified talent.
Phenom People Recent Developments
In April 2019 Phenom People introduced Talent Experience Management (TXM) as the holistic approach and platform to connect every interaction throughout the talent lifecycle by delivering personalized experiences. Talent Experience Management unifies technology and experience design to enhance the talent journey, transforming interested candidates to thriving employees to enthusiastic brand advocates, while recruiters and management boost productivity and communicate seamlessly.
The Phenom Talent Experience Management platform enhances the experiences of four key talent stakeholders: candidates, recruiters, employees, and management. When adopted, Talent Experience Management delivers a higher level of talent quality by aligning the objectives, priorities, and actions of these stakeholders. This enables organizations to enhance and personalize every moment along the talent journey.
In January 2019, Phenom People introduced Phenom Bot and Phenom Bot Plus, enabling real-time candidate messaging to engage with active and passive job seekers. Powered by conversational AI and available on Phenom Career Sites, talent acquisition teams can now use bot technology to provide increased personalization, while automating the qualification process, interview scheduling and answering candidates' most frequently asked questions. This automation enables TA teams to spend quality time with candidates and less time in the crux of administrative tasks. The world of attracting, engaging, converting and retaining talent has changed. In parallel with the evolution of how people buy and consume, the way people apply to jobs and engage with employers has also shifted in the last decade. Candidates now expect customization and immediate correspondence across their candidate journey, from first look to the first day. Conversational AI is a response to this shift. Talent acquisition teams are finding new ways to engage with candidates and amplify the candidate recruitment experience. Through greeting, engaging and asking the candidate questions about their career preferences, the Phenom Bot builds the candidate profile and delivers personalized job recommendations, all while enabling the job search and application process directly with a bot.
For the first time, recruitment teams can utilize Phenom Bot Plus, which offloads the time constraints of aggregating candidate's work qualifications, coordinating calendars and answering candidate questions. Eliminating these functions puts quality applications in hand faster and allows for more facetime between recruiter and candidate.
In November 2018, Phenom People released Phenom AI, including hyper-personalized candidate experience, conversational bot to engage, pre-screen and schedule interviews, CRM to discover candidate intetn, engagement and fit score, and an all-new Insights Dashboard that provides a real-time visualization of assigned jobs, leads, applicants, referrals, lists and tasks.
Phenom People Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Phenom People 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 Phenom People 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 TRM Cloud, customers.
Phenom People Overview
Ownership: - x
Number of Employees: 600
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, 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 Nonprofit, Special Cause Nonprofit, Oil and Gas, Professional Services, Retail, Transportation, Utilities,
Phenom People Key Cloud and HCM Applications
Phenom People HCM and Cloud HCM Applications Revenues, $M:
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|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.
Phenom People Revenue Breakdown by Type:
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Phenom People HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2019 HCM Revenues, By Sub-Functional Markets, $M
Phenom People HCM Applications Revenues By Verticals, $M:
Phenom People Total and HCM Applications Revenues by Region:
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Phenom People Direct vs Indirect sales
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Phenom People Customers - Breakdown by Geo, Size, Vertical and Product
No. of Phenom People Customers: 300
No. of Phenom People HCM Applications Customers: 300
No. of Phenom People Cloud HCM Customers: 300
No. of Phenom People Cloud HCM Subscribers: x
At the end of 2018 and the beginning of 2019, the company welcomed new enterprise customers and over 190 new employees, launched innovative product features.
With one-third of customers outside of the U.S., Phenom People continues to expand its customer base across all major industries, including hospitality, technology, healthcare, pharmaceutical, and financial services. Notable 2018 customers include the world's largest genealogy company, an American global manufacturer of confectionery and pet food, and one of Europe's most valuable consumer goods companies.
With one-third of customers outside of the U.S., Phenom People continues to expand its customer base across all major industries, including hospitality, technology, healthcare, pharmaceutical, and financial services. Notable 2018 customers include the world's largest genealogy company, an American global manufacturer of confectionery and pet food, and one of Europeâ€™s most valuable consumer goods companies.
In 2017, Phenom People expanded it's 220+ client list with brand new names such as Foot Locker Inc., Southwest Airlines, Whole Foods Market, Express Scripts, DaVita Healthcare Partners Inc., Abbott, Citrix, General Electric, General Motors, Microsoft, Philips, and RBC.
Phenom People Market Opportunities, M&A and Geo Expansions
In January 2020 Phenom People has raised $30 million in a Series C round of funding led by WestBridge Capital, with participation from eBay founder Pierre Omidyar’s VC firm Omidyar Ventures, AXA Venture Partners, Sierra Ventures, Sigma Prime Ventures, Karlani Capital, and a fund belonging to AllianceBernstein.
The latest update on Phenom People in their ecosystem department is that they have partnered with SwoopTalent, a candidate sourcing platform, to improve the recruiter experience by providing talent acquisition teams with access to more qualified job leads. The integration automatically delivers best-fit candidate profiles into the Phenom CRM, increasing recruiter productivity by eliminating the need to manually source new leads and providing the ability to nurture silver medalists and other candidates with up-to-date information. Manually sourcing and updating candidate profiles is time-consuming and increases the risk of outdated and incorrect information.
The SwoopTalent and Phenom People partnership provides recruiters with an abundance of new candidates with the right information the first time around, shortening the time from sourcing to hiring. SwoopTalent houses hundreds of millions of candidate profiles, which can be accessed in the Phenom CRM. Phenom's AI solution reviews the imported job leads list and automatically recommends best-fit candidates for an open job. Recruiter experience is one of the four experiences that make up Talent Experience Management, which also includes candidate experience, employee experience, and management experience. The Phenom Talent Experience Management platform uses a holistic approach to connect the interactions between each of these experiences.
Phenom People is investing heavily in R&D to strengthen its artificial intelligence capabilities in order to improve its Talent Relationship Marketing offerings.
Phenom People Risks and Challenges
In the past two years, Phenom People made several changes in their leadership team by appointing a new Vice President of Business Development, Vice President of International Sales & Strategic Partnerships, Vice President of Customer Experience, Vice President of Client Strategy and Vice President of Client Services.
The new Go-To-Market strategy and sales execution plan is expected to take place in the upcoming quarters by boosting its customer count to reach a critical mass is key to its long-term success.
Phenom People Ecosystem, Partners, Resellers and SI
In December 2017, Phenom People become a Workday Certified Solution Partner to provide seamless integration between Workday Recruiting and Phenom People TRM Cloud Platform.
Earlier, in March 2017, Phenom People became a Silver Partner in the Oracle PartnerNetwork (OPN) Specialized program for enhancing recruiting operations to clients using Oracle Talent Acquisition Cloud.
Phenom People 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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