Visier Strengths, Domain Expertise, and Key Differentiators
Visier is a cloud-based analytics application that delivers fast, clear people insight. With millions of customer employee records in the cloud, Visier is experiencing significant growth. Visier’s solutions let organizations understand and plan — with precision — how to best and most cost-effectively recruit, retain, and develop their workforce. With Visier, senior leaders, HR, and people managers alike can answer key workforce questions, align on goals and strategies, and act on decisions and plans to drive improved business outcomes.
Visier Recent Developments
In November 2021, Visier announced a strategic partnership with UKG, adding a data connector between UKG Pro and Visier customers. In November 2021, Visier’s fall launched two new innovations that are immediately available to all Visier customers: Standardized Occupations and the Visier Certified Developer Program.
In September 2021, Visier entered into an embedded partnership with Degreed. Degreed Insights leverages Visier analytics within the Degreed platform
In August 2021, Visier launched Visier NOW, a new family of purpose-built packaged solutions. Visier NOW is part of the company’s broader plan to launch products targeted towards specific business challenges, and increase adoption of people data across all lines of business.
In August of 2021, Visier’s summer release included new email push notifications, cohort analysis and the ability for partners to build custom solutions using Visier technology. In July 2021, Visier raised a Series E financing round of $125M USD from Goldman Sachs. The funding set the valuation of Visier of over $1B USD.
In April 2021, Visier announced an embedded partnership with Cegid, offering Visier analytics to Cegid’s European customers in France and Spain. In March 2021, Visier announced an embedded partnership with PeopleFluent, providing Visier analytics directly to PeopleFluent’s mid-market and emerging growth clients.
Visier Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Visier 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 Visier 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 Visier People, Visier Now customers.
Visier Overview
Ownership: - Sorenson Capital, Foundation Capital, Summit Partners and Adams Street Partners
Number of Employees: 480
Functional Market: Workforce Analytics, Time and Attendance, Learning and Development,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction and Real Estate, Consumer Packaged Goods, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Oil, Gas and Chemicals, Professional Services, Retail, Transportation, Utilites,
Visier Key Cloud and HCM Applications
Visier People, Visier Now
Visier HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2019 | 2020 | 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.
Visier 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% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Visier HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % | 2020 HCM Revenues, By Sub-Functional Markets, $M | |
Visier HCM Applications Revenues By Verticals, $M:
Visier Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2020 Total Revenues, $M | 2020 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
Visier Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Visier Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Visier Customers
No. of Visier Customers: 13000
No. of Visier HCM Applications Customers: 13000
No. of Visier Cloud HCM Customers: 13000
No. of Visier Cloud HCM Subscribers: 100000
Visier has over 13000 customers split between enterprise and embedded mid-market partnerships. This gives Visier over 12M employee records to use in anonymized benchmark data. Among Visier customers are: BBVA Compass, USG, EA, Pitney Bowes, Micron, First Energy, Novo Nordisk, Merck KGaA, Sabre, Comerica, and many others.
Visier Market Opportunities, M&A and Geo Expansions
In June 2021, Visier raised $125M in Series E funding led by Goldman Sachs Asset Management (Goldman Sachs) at a valuation exceeding $1B USD. This investment signals a historic moment in the growth of the people analytics market, with Visier becoming the first independent vendor in the space to reach a $1 billion valuation.
With a management team led by John Schwarz, formerly with SAP and BusinessObjects, Visier is creating a new category of HR tech, focused purely on people analytics and planning. In April 2018 Visier reported that over the past five years, Visier has achieved a compound annual growth rate of 120 percent, and has surpassed $125 million in subscription sales.
In September 2019, Visier announced a new strategy in targeting mid-market customers, partnering with Insperity and Paycor to sell direct embedded analytics to their customers. Visier continues to drive further partnership opportunities to expand the embedded strategy and grow revenue pipeline.
Visier Risks and Challenges
Meeting the outsized expectations for a high-profile analytics company will be daunting, the same applies to scaling out its offerings to cover the full spectrum of HCM analytics challenges from hiring to workforce planning.
Visier Ecosystem, Partners, Resellers and SI
In September 2021, Workforce upskilling platform Degreed partnered with Visier, to deliver business-relevant insights around workforce skills and future skill needs. Visier’s analytics engine will be embedded in a new, optional offering inside Degreed’s learning experience platform and is planned for general availability in Q4 of this year. Degreed and Visier are collaborating to provide a simple and intuitive solution inside the user-friendly Degreed experience that helps L&D teams and their stakeholders understand and visualize the skills and capabilities inside organizations so they can make data-backed decisions about their upskilling initiatives.
In 2019, Visier joined Ceridian’s Dayforce Software Partner Program (DSPP). The new partnership gives Visier the ability to integrate with Dayforce, Ceridian’s modern cloud HCM software platform, making it easier for mutual customers to exchange data seamlessly.
Visier sells direct mostly, but also has Referral partnerships, through firms like AON, Tata, Mercer and more - OEM, directly embedding Visier's analytics dashboard into Insperity, Paycor, etc. This is the most significant change, as it opens up customers using Visier's technology from hundreds to thousands.
Visier Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- Visier Public Cloud and Infrastructure (IaaS)
- Visier Platform (PaaS)
- Visier Application Delivery
- Visier 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
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