TriNet Among HCM Top 500

One Park Place Suite 600

Dublin, CA, 94568, United States

1 510-352-5000

http://www.trinet.com/

66

TriNet Strengths, Domain Expertise, and Key Differentiators

TriNet Group is a provider of a comprehensive human resources solution for small to medium-sized businesses. It offers payroll, tax administration, risk protection, performance management, compensation consulting, and employee benefit plans. The Company serves banking and financial services, biotech and life sciences, technology, non-profits, professional services, venture capital, and the advertising and marketing industries.

TriNet Recent Developments

In July 2019, TriNet released Workforce Analytics, an HR reporting and analytics tool designed to provide SMBs with in-depth reporting and forecasting using data drawn from a single system.

In 2018, TriNet introduced TriNet Professional Services, an industry-specific product designed to address the unique HR needs of professional services firms, such as consulting, advertising, and other expertise-driven industries.

TriNet Mergers and acquisitions (M&A) Activities

In July 2020 TriNet has acquired Little Bird HR, a market-leading provider of HR solutions for charter schools and other education-focused businesses. TriNet is focused on industries within six core verticals—and with Little Bird’s focus on schools, this is a great addition to their nonprofit team. HR solutions for schools are highly specialized and require an offering that simplifies HR and makes it easier for educators to focus on what they do best.

In April 2016, TriNet acquired Teleborder for immigration HR services for employers, especially in the areas of hiring, onboarding, and retention of talent from different countries.

TriNet Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying TriNet 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 TriNet 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 TriNet HR, customers.

TriNet Key Cloud and HCM Applications

TriNet HR,

TriNet HCM and Cloud HCM Applications Revenues, $M:

Type/Year20182019YoY 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.

TriNet Revenue Breakdown by Type:

TypeLicenseServicesHardwareSupport & MaintenanceSaaS
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe

TriNet Total and HCM Applications Revenues by Region:

Region% of Total Revenues2019 Total Revenues, $M2019 HCM Applications Revenues, $M
Americas Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe

TriNet Direct vs Indirect sales

RegionDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

TriNet Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified TriNet Customers


No. of TriNet Customers: 16000

No. of TriNet HCM Applications Customers: x

No. of TriNet Cloud HCM Customers: x

No. of TriNet Cloud HCM Subscribers: x


As of September 2018, TriNet serves more than 16,000 clients in 50 states, and it covers about 324,000 of its client's employees, which they refer to as worksite employees, or WSEs.

Among TriNet, customers are Docker, GlobalLogic, Soimera Biosystems, GenoLogics, NEXT Financial Group, Jacksboro National Bank, United Community Bank of Highland Village, ILCHF, Families International, The Shea Center, Hooah, EDL Consulting, Boston Merchant Management Services, FEI Behavioral Health and many other.

TriNet Market Opportunities, M&A and Geo Expansions

In June 2017, TriNet made a strategic investment in its technology platform to provide users with improved functionality, including online and mobile productivity tools, and to allow platform users to integrate more effectively with third-party software applications.

In February 2017, an entity affiliated with Atairos Group, Inc. (together with its affiliates, “Atairos”) became the largest stockholder when it acquired the shares of TriNet common stock previously held by General Atlantic.

TriNet Risks and Challenges

TriNet spent only 1% of its total revenues on Cloud development efforts. TriNet will encounter stiff competition from Cloud HR vendors that thrive on faster product release cycles that cater to evolving HCM needs. The passage of the TCJA in December 2017, may create unexpected challenges or business incentives for TriNet Group, Inc. clients and fail to translate into increased demand for TriNet Group, Inc. services. In 2018, TriNet shifted direction and its go-to-market strategy by hiring technology veterans such as Michael Mendenhall as CMO and Olivier Kohler as COO.

TriNet Ecosystem, Partners, Resellers and SI

As of March 2018, TriNet had a sales team of over 500 direct salespeople. Furthermore, TriNet expanded its presence in Boise to better serve the Idaho business community. In addition to the launch of TriNetConnect, the company introduced its Partner Advisory Board (PAB) with 12 founding executives representing a cross-section of its most active partners. PAB members were chosen for their experience with HR solutions, specifically with TriNet products. TriNet launched TriNetConnect Partner Program, its structured program for channel partners. TriNetConnect provides TriNet insurance brokers and strategic partners with incentives, training, support, demand generation marketing campaigns, and an extensive knowledge base of resources to effectively offer high-value HR solutions to their customers. As a member of TriNetConnect, partners can drive more revenue and accelerate growth through complementary efforts to nurture, qualify, and sell more deals.

TriNet Cloud Platform (PaaS) and Infrastructure (IaaS) Details

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  • TriNet Public Cloud and Infrastructure (IaaS)
  • TriNet Platform (PaaS)
  • TriNet Application Delivery
  • TriNet 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).


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