Speexx Strengths, Domain Expertise, and Key Differentiators
Speexx, an online language learning platform, has garnered a user base of over 8 million individuals across 1,500 organizations, offering an innovative approach to mastering languages such as Business English, Spanish, German, Italian, and French. With ongoing support available in 13 languages, Speexx stands out for its user-friendly interface and scalability, catering to the diverse needs of organizations regardless of their size. Founded in 2011 and headquartered in Munich, Speexx's Smart Learning solutions seamlessly blend online communication training, mobile and social learning, global expert coaching, and personalized live online activities, delivering a standardized and effective learning experience worldwide.
Speexx Recent Developments
In October 2023, Speexx unveiled its innovation, Speexx Matchmaker, at UNLEASH World Paris, the global HR technology conference and exhibition. This smart algorithm, integrated into Speexx Coaching, utilizes advanced data science, AI-powered technology, and extensive research to connect coachees with their ideal coaches. By simplifying the coach selection process and enhancing the likelihood of successful coaching outcomes, Speexx Matchmaker revolutionizes the way individuals find and engage with coaches, offering a more effective and personalized coaching experience.
Speexx Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Speexx 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 Speexx 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 Speexx Platform customers.
Speexx Overview
Ownership: - x
Number of Employees: 1700
Functional Market: Learning and Development,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Consumer Packaged Goods, Distribution, 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,
Speexx Key Cloud and HCM Applications
Speexx Platform
Speexx 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.
Speexx Revenue Breakdown by Type:
Speexx 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 | |
Speexx HCM Applications Revenues By Verticals, $M:
Speexx 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 |
Speexx Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Speexx Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Speexx Customers
No. of Speexx Customers: 1500
No. of Speexx HCM Applications Customers: 1500
No. of Speexx Cloud HCM Customers: x
No. of Speexx Cloud HCM Subscribers: x
Speexx, a globally trusted language learning platform, boasts a clientele of 1,500 esteemed companies worldwide, including industry giants like Vodafone, Roche, and Saint-Gobain. With a reputation for excellence, Speexx continues to empower organizations such as Cepsa, Willis Towers Watson, and Atos, delivering top-notch language training solutions tailored to meet the diverse needs of its clients.
Speexx Market Opportunities, M&A and Geo Expansions
Speexx has secured $5 million in Series A funding from Ventech and Alto Invest. With this substantial investment, Speexx bolsters its product offerings and expands its presence globally, focusing on 9 key hubs across Asia-Pacific, Europe, the Middle East, and the Americas. This funding also facilitates the rapid development and deployment of innovative language training solutions, reinforcing Speexx's position as a frontrunner in the language learning industry.
Speexx Risks and Challenges
While Speexx's growth trajectory is promising, it's not without its challenges. Internal risks such as maintaining product quality and user satisfaction amidst rapid expansion require careful navigation. External challenges, including market competition and evolving technological landscapes, demand continuous innovation and adaptation. Go-to-market challenges necessitate strategic planning to ensure Speexx's offerings remain relevant and appealing to its target audience.
Speexx Ecosystem, Partners, Resellers and SI
Speexx's ecosystem thrives on technology integrations and strategic partnerships. Collaborations with system integrators and value-added resellers create network effects, amplifying Speexx's reach and impact. These partnerships bolster its global presence, fostering a dynamic ecosystem that fosters innovation and drives the evolution of online language learning.
Speexx Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- Speexx Public Cloud and Infrastructure (IaaS)
- Speexx Platform (PaaS)
- Speexx Application Delivery
- Speexx 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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