SwipeClock Strengths, Domain Expertise, and Key Differentiators
Swipeclock's key differentiator lies in its tailored solutions for small businesses. They understand the challenges faced by these businesses in managing complex labor requirements while staying agile and flexible. WorkforceHub addresses this gap effectively, offering a unified HR management system that seamlessly integrates core HR, time and labor management, and talent management, yet boasts rapid implementation times and low administration.
SwipeClock Recent Developments
In recent times, Swipeclock has been making significant strides in the HR technology space, positioning itself as a leader in providing innovative workforce management solutions for small businesses with primarily hourly workers. Their flagship product, WorkforceHub, was officially launched in 2021, catering to the unique needs of small business employers. The platform offers a suite of mission-critical people management tools, including time tracking, scheduling and hiring. This move has helped the company gain recognition and visibility in the SMB marketplace.
SwipeClock Mergers and acquisitions (M&A) Activities
In January 2019, Swipeclock made a strategic acquisition by bringing ApplicantStack into its portfolio. ApplicantStack is a renowned applicant tracking software provider catering to small and mid-sized businesses and recruiters. This acquisition expanded Swipeclock's offerings, providing clients with efficiency in recruiting and hiring processes. The move demonstrated Swipeclock's commitment to enhancing its product portfolio through targeted acquisitions.
SwipeClock Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying SwipeClock 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 SwipeClock 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 SwipeClock Workforce Management, customers.
SwipeClock Overview
Ownership: - x
Number of Employees: 130
Functional Market: Absence and Leave Management, Scheduling, Time and Attendance, Core HR, Payroll, Compliance, Onboarding, Recruiting, Applicant Tracking Systems, Performance Management,
Key Verticals: Banking and Financial Services, Construction, Real Estate, Consumer Packaged Goods, K12, Higher Education, Healthcare, Leisure and Recreation, Hospitality, Manufacturing, Professional Services, Retail,
SwipeClock Key Cloud and HCM Applications
SwipeClock Workforce Management,
SwipeClock 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.
SwipeClock Revenue Breakdown by Type:
SwipeClock 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 | |
SwipeClock HCM Applications Revenues By Verticals, $M:
SwipeClock 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 |
SwipeClock Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
SwipeClock Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified SwipeClock Customers
No. of SwipeClock Customers: 45000
No. of SwipeClock HCM Applications Customers: 45000
No. of SwipeClock Cloud HCM Customers: x
No. of SwipeClock Cloud HCM Subscribers: 1000000
Swipeclock's customer base has surpassed 45,000 businesses, indicating strong market acceptance. Among their customers are notable companies like Hale Center Theatre, Sprouts Farmers Market, Party City Holdco Inc, Carlos Albizu University-San Juan, and more. These reference customer wins further reinforce the credibility and reliability of Swipeclock's solutions.
SwipeClock Market Opportunities, M&A and Geo Expansions
The HR technology market continues to evolve, presenting both horizontal and vertical opportunities for Swipeclock. On the horizontal level, there is potential for further integration of their solutions with other HR service platforms, such as PEO and accounting platforms. Strengthening these integrations can enable more seamless data flow and enhance the overall user experience.
Vertical opportunities lie in expanding their services to cater to specific industries' unique needs, such as healthcare, retail, or hospitality. Each sector has its own set of HR challenges, and tailoring solutions for these verticals can unlock new growth prospects for Swipeclock.
Furthermore, exploring opportunities beyond the US market can be a significant avenue for expansion. The company could consider partnerships or localized offerings to tap into the HR tech demands of international businesses.
SwipeClock Risks and Challenges
Expanding beyond the US market also poses challenges in terms of adapting to different regulatory environments, cultural nuances, and customer preferences. A thorough understanding of each region's requirements will be crucial to ensure successful market penetration.
SwipeClock Ecosystem, Partners, Resellers and SI
SwipeClock's ecosystem comprises more than 1,300 payroll and HR service providers, forming a robust network effect. These partners play a pivotal role in expanding the reach of SwipeClock's solutions to a wider customer base. Collaborating with system integrators and value-added resellers enables SwipeClock to offer a more comprehensive suite of services to clients.
Furthermore, technology integrations with other platforms, such as PrismHR and Syntrio Learning Management System, highlight SwipeClock's commitment to providing a holistic HR management experience. These integrations create synergies and enhance the overall value proposition for customers.
SwipeClock Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- SwipeClock Public Cloud and Infrastructure (IaaS)
- SwipeClock Platform (PaaS)
- SwipeClock Application Delivery
- SwipeClock 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
