Sagitec Solutions Acknowledged as a Key HR Software Provider by APPS RUN THE WORLD in the HCM Top 500 Market Report

422 County Road D East

Saint Paul, MN, 55117, United States

1 612-284-7130

https://www.sagitec.com/

202 Sagitec Solutions

Sagitec Solutions Strengths, Domain Expertise, and Key Differentiators

Sagitec Solutions designs and delivers tailor-made pension, provident fund, unemployment insurance, and healthcare and life sciences software solutions to clients of all sizes. Understanding that a dynamic world requires dynamic technology, Sagitec offers solutions that are highly configurable and extensible by nature.

Sagitec Solutions Recent Developments

In 2022, Sagitec introduced the Long-term Equity Appreciation Plan (LEAP), an employee stock option initiative designed to incentivize all employees to contribute to the company's growth and directly benefit from improved business performance. Despite facing system compatibility challenges, Sagitec's Xelence consulting team successfully developed an app to administer LEAP units, achieving a seamless first-phase rollout in less than three weeks with minimal disruptions.

In May 2020, The Public Service Pensions Board (PSPB) of the Cayman Islands has selected Sagitec for replacing their current pension administration system. Sagitec’s Pension Administration Solution NeospinTM was chosen among other solutions as it meets all PSPB’s current business needs and can evolve to accommodate future needs. PSPB administers both Defined Benefit and Defined Contribution schemes for eligible employees of the Cayman Islands Government, Statutory Authorities, Government Owned Companies, members of the Judiciary and elected members of the Legislative Assembly.

Sagitec Solutions Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Sagitec Solutions 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 Sagitec Solutions 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 Sagitec Neosurance, Sagitec Neospin, Sagitec Neofraud, Sagitec HealConnect customers.

Sagitec Solutions Key Cloud and HCM Applications

Sagitec Neosurance, Sagitec Neospin, Sagitec Neofraud, Sagitec HealConnect

Sagitec Solutions HCM and Cloud HCM Applications Revenues, $M:

Type/Year20222023YoY 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.

Sagitec Solutions Revenue Breakdown by Type:

TypeLicenseServicesHardwareS&MSaaSPaaSIaaSOtherTotal
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe 100%
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe

Sagitec Solutions Total and HCM Applications Revenues by Region:

Region% of Total Revenues2023 Total Revenues, $M2023 HCM Applications Revenues, $M
Americas Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe

Sagitec Solutions Direct vs Indirect sales

RegionDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Sagitec Solutions Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Sagitec Solutions Customers


No. of Sagitec Solutions Customers: x

No. of Sagitec Solutions HCM Applications Customers: x

No. of Sagitec Solutions Cloud HCM Customers: x

No. of Sagitec Solutions Cloud HCM Subscribers: x


Sagitec’s platform and tailored industry solutions have helped over 35 clients to build and modernize enterprise-grade systems with speed and simplicity. Some of Sagitec customers are: Virginia Retirement System, Public School and Education Employee Retirement Systems of Missouri, Missouri Local Government Employees Retirement System, Denver Employees Retirement Plan, Kansas Public Employees Retirement System and others.

Sagitec Solutions Market Opportunities, M&A and Geo Expansions

Sagitec can venture into the healthcare sector, leveraging its platform's proficiency in managing complex processes for tasks like insurance claims and patient management. Additionally, the financial services and supply chain management industries present growth opportunities, where Sagitec's platform can streamline workflows and optimize processes for increased efficiency.

Sagitec Solutions Risks and Challenges

International expansion depends on the compliance regulations.

Sagitec Solutions Ecosystem, Partners, Resellers and SI

Sagitec Solutions mainly sells directly. Sagitec Solutions is a partner with Microsoft, and it is a provider of hosting services on Microsoft Azure.

Sagitec Solutions Cloud Platform (PaaS) and Infrastructure (IaaS) Details

Subscribe to read more about:

  • Sagitec Solutions Public Cloud and Infrastructure (IaaS)
  • Sagitec Solutions Platform (PaaS)
  • Sagitec Solutions Application Delivery
  • Sagitec Solutions 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/About Us
https://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ



Buyer Intent: Companies Reading this Research Report
ARTW Buyer Intent uncovers actionable customer signals, identifying software buyers actively reading this research report. Gain ongoing access to real-time prospects and uncover hidden opportunities. Companies Actively accessing this research report include:
  1. Dagang Net, a Malaysia based Professional Services organization with 390 Employees
  2. State of Delaware, a United States based Government company with 15715 Employees
  3. MetLife, a United States based Insurance organization with 45000 Employees
LogoCompanyIndustryEmployeesRevenueCountryEvaluated
Dagang NetProfessional Services390$40MMalaysia2025-01-15
SubscribeSubscribeGovernment15715$4.0BUnited States2024-12-02
SubscribeSubscribeInsurance45000$66.4BUnited States2024-11-13
SubscribeSubscribeProfessional Services390$40MMalaysia2024-11-08
SubscribeSubscribeBanking and Financial Services8892$4.3BUnited States2024-11-06
SubscribeSubscribeGovernment4404$1.3BUnited States2024-10-08
SubscribeSubscribeGovernment15715$4.0BUnited States2024-10-08