Pigment Strengths, Domain Expertise, and Key Differentiators
Pigment emerges as a highly sophisticated business planning platform that seamlessly integrates individuals, data, and processes. This intuitive and adaptable platform empowers teams to swiftly construct reliable strategic and operational business plans, facilitating growth, facilitating adaptability in the face of change, and fortifying their business against future uncertainties.
Pigment Recent Developments
Pigment strategically reinforces its presence in North America by establishing a new office in Toronto, Canada in April 2023. This expansion serves as a pivotal step towards solidifying Pigment's position in the region, capitalizing on a market that boasts substantial growth potential from both a business and talent standpoint. With an existing customer base and a dedicated team situated in Canada, this move amplifies Pigment's capacity to leverage opportunities and further enhance its foothold in the North American market.
Pigment Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Pigment 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 Pigment 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 Pigment Platform customers.
Pigment Overview
Ownership: - x
Number of Employees: 300+
Functional Market: Workforce Analytics,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Pigment Key Cloud and HCM Applications
Pigment Platform
Pigment 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.
Pigment Revenue Breakdown by Type:
Pigment 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 | |
Pigment HCM Applications Revenues By Verticals, $M:
Pigment 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 |
Pigment Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Pigment Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Pigment Customers
No. of Pigment Customers: 200+
No. of Pigment HCM Applications Customers: x
No. of Pigment Cloud HCM Customers: x
No. of Pigment Cloud HCM Subscribers: x
Pigment boasts an extensive customer base comprising over 200 esteemed organizations, with a notable 45% of these customers situated in North America. Among these valued clients are industry-leading enterprises such as Klarna, Figma, Airtable, PVH, Webhelp, Evenflo, Brex, Cheerz, IDKIDS, Carta, Deliveroo, Ankorstore, Deliveroo, Melio, BlaBlaCar, ManoMano and a multitude of other distinguished entities.
Pigment Market Opportunities, M&A and Geo Expansions
In June 2023, Pigment has secured an impressive $88 million in Series C funding. Leading the investment round is ICONIQ Growth, a highly regarded firm. This brings Pigment's total funding to a remarkable $248 million in a span of fewer than three years. Notably, esteemed investors such as Felix Capital, Meritech, IVP, and FirstMark have also participated in this round, further bolstering Pigment's financial backing. This significant injection of capital follows a phenomenal performance by Pigment throughout 2022. The company witnessed a remarkable 600% increase in revenue and an impressive tenfold surge in user base. Pigment's success has attracted the attention and partnership of renowned enterprises, including Klarna, Miro, PVH (comprising iconic brands like Tommy Hilfiger and Calvin Klein), Airtable, Figma, Webhelp, and Poshmark. These prominent organizations have chosen Pigment as their preferred solution to facilitate strategic planning, decision-making, and overall growth.
Pigment Risks and Challenges
Pigment's strengths are based in its integrated, intuitive and adaptable product, which best demonstrates value when user adoption is high. With lower adoption, customers risk not taking advantage of the tool as a single source of truth.
Pigment Ecosystem, Partners, Resellers and SI
Pigment maintains a strong global presence with offices strategically located in four key international hubs: Paris, London, Toronto, and New York. This well-distributed network of offices allows Pigment to effectively serve its clientele and foster fruitful partnerships in prominent business centers across the world.
Pigment Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- Pigment Public Cloud and Infrastructure (IaaS)
- Pigment Platform (PaaS)
- Pigment Application Delivery
- Pigment 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
https://www.appsruntheworld.com/FAQ
