talentReef Strengths, Domain Expertise, and Key Differentiators
TalentReef is a provider for Social Recruiting and Talent Management Systems specifically built for the Hourly workforce. With more than 70000 sites under contract, the company streamlines how fast-paced operators find, hire, train, and manage their most valuable asset—Talent.
The company's mobile-optimized HR platform (Social Recruiting, ATS, Onboarding, Training and Development, Performance Management, and Analytics) is transforming the way Millennials are connecting on-demand with employers globally. TalentReef provides an API Gateway that enables third party integrations to seamlessly connect real-time data throughout the entire talentReef platform, eliminating the need for dual data entry and increasing overall efficiencies.
talentReef Recent Developments
New Enterprise Contract wins and bookings increased by 50% in 2017. Major Enterprise Contracts (with Minimum Value of $100K ARR) were increased by 120% and Average Contract Deal Size increased by 60%. As a result the Software Subscription Revenues increased by 40%.
talentReef Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying talentReef 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 talentReef 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 TalentReef Recruit 2.0 customers.
Ownership: - x
Number of Employees: 170
Key Verticals: Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Oil and Gas, Professional Services, Retail, Transportation, Utilities,
talentReef Key Cloud and HCM Applications
TalentReef Recruit 2.0
talentReef HCM and Cloud HCM Applications Revenues, $M:
|Type/Year||2018||2019||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|HCM Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud 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.
talentReef Revenue Breakdown by Type:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
talentReef HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2019 HCM Revenues, By Sub-Functional Markets, $M
talentReef HCM Applications Revenues By Verticals, $M:
talentReef Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 HCM Applications Revenues, $M|
talentReef Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
talentReef Customers - Breakdown by Geo, Size, Vertical and Product
No. of talentReef Customers: 1000
No. of talentReef HCM Applications Customers: 1000
No. of talentReef Cloud HCM Customers: 1000
No. of talentReef Cloud HCM Subscribers: x
More than 1000 companies across multiple service industry verticals like Carrols Corporation, Four Foods Group, RMH Franchise Corporation, Famous Dave’s of America, Cherry Hill Programs, Food City, Childers Oil Co, Boot Barn, Focus Brands, Checkers/Rally's, QuickChek, Weigel’s, Kelly-Moore Paints, LBA Hospitality, Gelson’s Markets, and Hansen’s IGA trust talentReef to optimize their Operational and HR functions on a daily basis.
talentReef Market Opportunities, M&A and Geo Expansions
The company’s major investments since 2H of 2017 untill 2H of 2018 in Research & Development, adding key executive management, and tripling-down on its operational staff contributed to accelerating growth and profitability.
talentReef Risks and Challenges
In September 2019, talentReef Board of Directors appointed Richard Crawford as new President and Chief Executive Officer to drive its next phase of global growth and expand talentReef’s market share. This transition in their leadership could lead to a different strategy and goals.
talentReef Ecosystem, Partners, Resellers and SI
TalentReef's strategic alliances program includes partnerships with global SaaS technologies, vertically integrated solution providers, and industry leading Payroll, POS, and WOTC providers. TalentReef and its channel partners synergistically combine industry HR expertise, go-to-market models, and modern cloud-based web services frameworks to enable continuous improvement for their joint clients.
Among its partners include: ADP, Infosync, Insperity, Workday, ExponentHR, Microsoft Dynamics GP, iSolved, Paychex, Paycom, Rosnet and many others.
talentReef Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- talentReef Public Cloud and Infrastructure (IaaS)
- talentReef Platform (PaaS)
- talentReef Application Delivery
- talentReef Private Cloud and Data Centers
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:
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