TeamSystem S.p.A. Strengths, Domain Expertise, and Key Differentiators
TeamSystem group represents one of the most dynamic Italian companies in the sector. Since 2000 it has grown steadily at rates significantly higher than average in the IT market, in relation to all the main economic indicators. It boasts a loyal clientele, to whom it offers timely advice and assistance and solutions that guarantee a wide coverage for the different functional areas and the different market sectors.
TeamSystem S.p.A. Recent Developments
Teamsystem S.p.A. has signed an agreement with HUB to launch D.Storm, HUB's DDoS Attack Simulation Platform for the development and testing of its DDoS remediation strategy. Using HUB's D.Storm, the company can significantly reduce its exposure to cyber risks and take corrective measures to withstand possible DDoS attacks against its data silos.
TeamSystem S.p.A. Mergers and acquisitions (M&A) Activities
During the course of 2021, TeamSystem Group acquired the following companies or acquired further equity interests in companies in which it already held an equity stake: Modefinance, My Expenses, SGS System House, Var4Team, Logical Soft, Itacme Informatica, Modefinance International, Progetto Studio, Data Consult.
In February 2021, the private equity fund H&F Fund IX managed by Hellman & Friedman ("H&F"), acquired 100% of the share capital of Barolo Lux 1 S.à r.l., the direct parent company of TeamSystem Group.
TeamSystem S.p.A. Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying TeamSystem S.p.A. 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 TeamSystem S.p.A. 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 TeamSystem Enterprise, TeamSystem Enterprise Cloud, TeamSystem HR, TeamSystem Enterprise CRM customers.
TeamSystem S.p.A. Overview
Ownership: - H&F Fund IX
Number of Employees: 2785
Functional Market: Absence and Leave Management, Workforce Analytics, Workforce Scheduling, Task Management, Time and Attendance, Core HR, Payroll, Compliance, Recruiting, Performance Management, Learning and Development,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, Federal Government, State and Local Government, Public Safety, 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,
TeamSystem S.p.A. Key Cloud and HCM Applications
TeamSystem Enterprise, TeamSystem Enterprise Cloud, TeamSystem HR, TeamSystem Enterprise CRM
TeamSystem S.p.A. HCM and Cloud HCM Applications Revenues, $M:
|Type/Year||2020||2021||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.
TeamSystem S.p.A. Revenue Breakdown by Type:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
TeamSystem S.p.A. HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2021 HCM Revenues, By Sub-Functional Markets, $M
TeamSystem S.p.A. HCM Applications Revenues By Verticals, $M:
TeamSystem S.p.A. Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 HCM Applications Revenues, $M|
TeamSystem S.p.A. Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
TeamSystem S.p.A. Customers - Breakdown by Geo, Size, Vertical and Product
No. of TeamSystem S.p.A. Customers: 1700000
No. of TeamSystem S.p.A. HCM Applications Customers: 1700000
No. of TeamSystem S.p.A. Cloud HCM Customers: x
No. of TeamSystem S.p.A. Cloud HCM Subscribers: x
More than 1.7 million customers have trusted TeamSystem for 40 years to make the digitalization of their activities simple and safe.
TeamSystem S.p.A. Market Opportunities, M&A and Geo Expansions
TeamSystem is the Italian provider of digital solutions for the business management of companies of all sectors and sizes, professionals (accountants, labor consultants, lawyers, condominium administrators, freelancers) and associations.
TeamSystem S.p.A. Risks and Challenges
As a result of the economic and financial difficulties generated by the COVID-19 pandemic, TeamSystem Group's customers may have temporary difficulties in paying for services/products rendered by the Group, with possible repercussions on the Group's liquidity.
TeamSystem S.p.A. Ecosystem, Partners, Resellers and SI
The strategy of the TeamSystem Group is oriented towards a serious investment policy, with the aim of continuously refining and increasing its offer both in terms of products and quality of services, with a high degree of attention to the real needs of its customers. Over 550 partners and direct offices are constantly engaged in the research and development of technologically advanced and constantly updated solutions according to regulatory changes.
TeamSystem S.p.A. Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- TeamSystem S.p.A. Public Cloud and Infrastructure (IaaS)
- TeamSystem S.p.A. Platform (PaaS)
- TeamSystem S.p.A. Application Delivery
- TeamSystem S.p.A. 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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