Vibe HCM Strengths, Domain Expertise, and Key Differentiators
Vibe HCM delivers a highly intuitive, personalized, interactive HRMS that includes social collaboration, HR service delivery, onboarding, talent management, metrics, dashboards, and more.
In May 2018 Vibe HCM launched the addition of Susanne Bowen, a 15-year industry veteran, as CEO. Her experience is very important for company growth and success.
Vibe HCM Recent Developments
In October 2019 Vibe HCM launched Vibe Insights, a new solution that provides access to traditional HR transaction and compliance data along with metrics on employee engagement, employee sentiment, peer recognition, and social engagement. Vibe CEO Susanne Bowen said adding the module’s reporting and analytics tools to Vibe’s engagement platform will aid customers seeking access to data through a single, unified platform. Key features of Vibe Insights include charting and dashboard tools with drill-down capabilities that simplify data visualization. The ability to share data with stakeholders, schedule automated reports or export data for further analysis.Creation of custom reports from scratch with a drag and drop interface, standard reports that can be tailored with filtering capabilities, including one-click pivoting, to meet each organization’s individual needs. Role-based permissions to ensure data security.
In September 2018, Vibe HCM unveiled the industry’s first unified HCM Engagement Platform enabling organizations to deliver on both the daily demands of compliant, efficient HR transactions and the power of employee engagement – on any device and in one easy to deploy, easy to manage platform. The Company will make its platform available in two bundled editions, Vibe Essentials, and Vibe Edge.
Vibe HCM Mergers and acquisitions (M&A) Activities
Electronic Commerce (ECI), a SaaS payroll and HR provider acquired factor Works and its product suite Vibe HCM in a move that will create an end-to-end human capital management solution to serve its primary client base of mid-market employers as well as a growing roster of enterprise-level customers. The acquisition combines the expertise ECI has developed over more than 20 years in serving the core payroll, transactional and compliance needs of its clients with Vibe’s unique focus on the employee experience. Vibe HCM is currently being used to recruit, manage, connect, and inspire employees in multiple languages across 29 different countries. The combined organization will be known as Vibe HCM. Todd Tyler, chief executive officer of ECI, will become CEO of Vibe HCM and Cary Schuler, founder, and CEO of factor Works., will serve in the role of senior vice president of marketing.
Vibe HCM Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Vibe HCM 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 Vibe HCM 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 Vibe HCM Platform customers.
Vibe HCM Overview
Ownership: - Frontier Capital
Number of Employees: 275
Functional Market: Time and Attendance, Core HR, Payroll, Benefits Administration, Compliance, Onboarding, Recruiting, Candidate Relationship Management, Applicant Tracking Systems, Performance and Goal Management, Learning and Development,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, 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, Oil and Gas, Professional Services, Retail, Transportation, Utilities,
Vibe HCM Key Cloud and HCM Applications
Vibe HCM Platform
Vibe HCM HCM and Cloud HCM Applications Revenues, $M:
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|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.
Vibe HCM Revenue Breakdown by Type:
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Vibe HCM HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2019 HCM Revenues, By Sub-Functional Markets, $M
Vibe HCM HCM Applications Revenues By Verticals, $M:
Vibe HCM Total and HCM Applications Revenues by Region:
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Vibe HCM Direct vs Indirect sales
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Vibe HCM Customers - Breakdown by Geo, Size, Vertical and Product
No. of Vibe HCM Customers: 1000
No. of Vibe HCM HCM Applications Customers: 1000
No. of Vibe HCM Cloud HCM Customers: x
No. of Vibe HCM Cloud HCM Subscribers: x
Vibe HCM is redefining HR software expectations for hundreds of thousands of employees. Vibe HCM has won scores of customers like AutoNation, California Pizza Kitchen, Shaw, Wyndham Hotels, Uline and Zions Bank.
In 2018 the company added customers in key verticals of healthcare, transportation, and manufacturing such as Progressive Health, Shasta Head Start, Prime Flight, SMR Automotive and IntelyCare. ECI has over 500 Mid-Market Clients in the USA including Modrak Operating Group, Grand River Health, Kerbey Lane Cafe, Universal Trailer Corporation, Maple Knoll Communities, WOW Logistics, Concerted Services, Gibson, Biaggi's, Wisconsin Lift Truck, Intat Precision, Towne Properties, Grand Traverse Resort, Bell Industries, and others.
Vibe HCM Market Opportunities, M&A and Geo Expansions
In 2020, Vibe HCM, Inc. announced several new product features, resources and the launch of a pulse-check survey related to the COVID-19 pandemic. These actions were undertaken to provide access to best-practices content and to help customers swiftly implement state and federal legislation such as the Families First Coronavirus Relief Act (FFCRA) and the CARES act.
Vibe HCM's platform is deployed via Progressive Web App (PWA), a website that looks and behaves as if it is a mobile app, but without limits to the functionality or high drop-off rates. PWA is an enhancement of existing web technology and are typically a shortcut that lives on the home screen (no requirement to download or visit an app store). 5 of the key benefits of PWA include Immediate use – no install, Works on any device, App-like, Fast & responsive, Fresh/up-to-date.
Vibe HCM Risks and Challenges
The issue is whether its latest positioning is going to resonate among a broad base of customers, some of whom may be confused by its evolving messaging.
Vibe HCM Ecosystem, Partners, Resellers and SI
Primarily direct sales.
Vibe HCM Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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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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