Talentech Strengths, Domain Expertise, and Key Differentiators
Talentech's key differentiator lies in its ability to offer a broad range of HR services and tools through a consolidated product portfolio.
Their domain expertise in the HR tech space is evident through their extensive experience in integrations with market-leading tools and systems. This expertise allows them to offer comprehensive solutions for all recruitment needs, catering to hiring managers, HR personnel, and applicants throughout the entire recruitment process.
Talentech Recent Developments
Talentech, an HR technology and software company in the Nordics, has been making significant strides in the HR tech space. In December 2020, they made a strategic move by acquiring Weekli, a Swedish provider of employee survey solutions. This acquisition has expanded Talentech's product portfolio, allowing employees to provide anonymous weekly feedback, empowering managers to make data-driven decisions.
Another major milestone was reached in December 2021 when Talentech acquired Ontame.io, a company specializing in data and analytics-driven recruitment, employer branding, and employee advocacy solutions. These acquisitions highlight Talentech's commitment to enhancing their offerings and catering to the evolving needs of the HR industry.
With these strategic acquisitions and continuous product innovations, Talentech has experienced remarkable revenue growth.
Talentech Mergers and acquisitions (M&A) Activities
In 2019, four HR-tech companies, namely HR Manager, ReachMee, Webcruiter, and Talmundo, merged to form Talentech. This merger brought together different tools for various aspects of the Talent Acquisition process, creating a more comprehensive Talent Acquisition platform. This consolidation has proven successful, as Talentech has tripled its customer base since the merger.
Furthermore, in June 2019, ReachMee was acquired by Verdane Capital, an investment company, which provided additional resources and support to drive ReachMee's growth and expansion.
Talentech Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Talentech 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 Talentech 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 Talentech customers.
Talentech Overview
Ownership: - x
Number of Employees: 65
Functional Market: Core HR, Onboarding, Recruiting, Candidate Relationship Management, Performance Management,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, 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, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Talentech Key Cloud and HCM Applications
Talentech
Talentech 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.
Talentech Revenue Breakdown by Type:
Talentech 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 | |
Talentech HCM Applications Revenues By Verticals, $M:
Talentech 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 |
Talentech Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Talentech Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Talentech Customers
No. of Talentech Customers: 2200
No. of Talentech HCM Applications Customers: 2200
No. of Talentech Cloud HCM Customers: 2200
No. of Talentech Cloud HCM Subscribers: 600000
Talentech's impressive customer base includes over 2200 large and small organizations, encompassing both private and public sectors. With more than 600,000 users in over 100 countries worldwide, their solutions are widely used for recruitment, onboarding, and HR operations.
Notable reference customer wins such as NCC, Clas Ohlson, and McDonald's showcase the trust and credibility Talentech has garnered in the industry. The breakdown of their customer base by region reflects their successful expansion efforts across different geographic markets.
Talentech Market Opportunities, M&A and Geo Expansions
Since the merger in 2019, Talentech has experienced a threefold increase in its customer base. Leveraging its consolidated product portfolio, Talentech now offers an extensive range of HR services and tools, further enhancing its capacity to meet the diverse needs of its clientele.
Talentech Risks and Challenges
Talenttech's primary challenge lies in effectively managing the equilibrium between its infrastructure and customer support operations while accommodating the growth demands of its multinational clientele.
Talentech Ecosystem, Partners, Resellers and SI
Talentech's open API and extensive experience in integrations play a vital role in their ecosystem. Collaborating with technology partners and system integrators enables them to offer a seamless and comprehensive solution suite, attracting more customers and driving business growth.
Through ecosystem partnerships, Talentech can leverage the network effects of value-added resellers to increase their market reach and expand their customer base further.
Talentech Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- Talentech Public Cloud and Infrastructure (IaaS)
- Talentech Platform (PaaS)
- Talentech Application Delivery
- Talentech 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
